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Fintech startups top African VC 2016 funding league

Over the course of 2016, 146 African startups raised a total of $129 million in venture funding, an increase in volume of 16.8% when compared with the prior year. That’s according to data released by Disrupt Africa, a news website, which also found that whilst the volume of venture deals was up, the overall value in fact decreased. The fintech sector proved the most popular for venture investors, garnering almost 25% of the capital invested during the year.

Read more at AFK Insider…

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