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Pangea to unlock diaspora remittances as funding source for African startups

TechCrunch

Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. to $5B in 2021. Startups in Africa raised nearly $5 billion in funding last year but the amount remains meager when compared to the rest of the world.