Why Africa had no unicorns last year despite record fundraising haul

In 2019, Africa saw its highest ever venture capital fundraising total, with over 8 billion USD invested in the African tech startup ecosystem. This was an enormous achievement, but it didn’t bring about the same success for African-based unicorns. While startups across the continent raised record amounts of funding, there were no new unicorns emerging… Continue reading Why Africa had no unicorns last year despite record fundraising haul

Exit mobile version