South Africa Received Majority of ICT Investment

Report on funding over the past year shows that SA received the lion's share of investment of more than US$129 million

South Africa has come out ahead of its counterparts on the continent as the top destination for ICT investors based on the number of deals as well as the total amount of funding. The Disrupt Africa African Tech Startups Funding Report 2016 reveals that the country attracted the biggest share of investment followed by Nigeria, while Kenya and Egypt secured third and fourth place.

To read the article titled, “South Africa received the bulk of investment into Africa's ICT industry” click here

Source: 
ITWeb Africa

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