A Nigerian company, Omniretail, the B2B e-commerce platform, came tops as in previous years.
The company reportedly helps small retailers, Kiosk owners, and market traders digitize their businesses.
An annual survey shows that venture capital investment on the continent recorded a 46% decline from 2022 at $3.5 billion from 547 deals.
Since November 2023, venture capital firms raised over $650 million in African funding.
