{EMAIL},we’re bringing the State of Tech Report (Q4) 2023 to you next Friday!

[View in browser](=.-6t_aEyKSy1FnMK47Kp5_hOus4tYYinj2MwXLqfHX6Y) Dear {EMAIL}, We're excited to bring you a comprehensive roundup of funding, acquisitions, and significant developments in Africa’s tech ecosystem for Q4, 2023. Yes, we're launching the State of Tech Report for Q4 2023 on Friday, January 26, 2024. Here are some of the key highlights from the third quarter: - Startup funding dropped by 42% YoY; from $4.2 billion to $2.78 billion. - In the face of rising inflation and reduced purchasing power continent-wide, fifteen startups ceased operations. This downturn in the market led to over 1500 tech workers losing their jobs. - Despite the challenging landscape, digital payments experienced a significant surge, attracting substantial interest from global industry leaders. To delve deeper into these insights, we invite you to join Ory Okolloh, Partner at Verod-Kepple Africa Ventures, and other key experts at 11 AM (WAT) next Friday, January 26, 2024, for a special edition of TC Live. They will discuss key findings from the report and provide insights into what to anticipate in 2024. Click the button below to register! [Register here](=.JWpgzJMBrP_vQoaxcRDDqoCWc6UtRNzv2j249baMG7c) 2023 was a year marked with interesting events for tech founders from the venture funding downturn to the emergence of the local venture capital market and evolving regulatory directions. It is evident that the search for innovation and valuable solutions in spite of the harsh realities has become inevitable. Join us this Friday, January 19th at 5 pm (WAT) on TechCabal's Twitter Spaces as we discuss findings and insights from the watershed study on fundraising and how it offers the most disciplined and innovative African startups an opportunity to build innovative solutions for huge problems [Set a reminder here](=.974ogrC4yQxfKDRZpcL9B3g0dFTFZkRyldxQ1AEZms4) Sincerely, Eniola Sosan Events at TechCabal Insights # TechCabal 18 Nnobi Streeet, Surulere, Lagos VA 22193 Nigeria You received this email because you signed up on our website or made a purchase from us. [Unsubscribe](=.HjllbCl0zyRHDMOFhsH05jk2vzfxz7x1KeNgVxh111c) [Sent by MailerLite](=.eW4OGn9lYaj1V9TUSsRWoKv70vRSpWzQpoTnEdQM7to)