African Technology Startups Gaining Attention

Jumia is one of the leading e-commerce sites in Africa.

The increasingly noticeable discussions of the tech boom taking shape across Africa were recently further bolstered by news about startup financings on the continent.

A 2015 survey revealed that African tech startups raised at least $185 million for the year.

A total amount that includes undisclosed financings would likely be much higher. This year already shows promise of keeping the trend alive.

Africa Internet Group, which holds interests in a number of tech businesses, recently raised $83 million from French insurer AXA Group.

Read more: African Technology Startups Gaining Attention | The National Law Review