start-ups Four countries including Nigeria, Kenya, South Africa, and Egypt were the biggest on the continent when it comes to funding, accounting for 77 per cent of funded startups, and 89.2 per cent of total investment in 2020. The yearly African Tech Startups Funding Report 2020, released by startup news and research portal, Disrupt Africa, has disclosed. According to the report, in the sixth edition, Nigeria had the most funded startups at 85, followed by Egypt with 82, and South Africa with 81. Kenya had 59 funded startups but leads when it comes to combined raised capital at over $190 million in funding in 2020. x The report noted that although these markets remain clear leaders, there are signs of growing activity elsewhere on the continent with more investments in Ghana and Tunisia and more money raised in Morocco.