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Ugandan startups raised $19m in the first half of 2024, as per Africa: The Big Deal data. Overall, African countries raised $780m which is a 57% decline from what African startups managed to raise in H1 2023. It is also a 31% decline from what was raised in H2 2023.
The $19m raised by Ugandan startups was good enough for 7th on the continent. Kenya was the most attractive destination for
Thank You For Reading CEO East Africa Magazine.
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