- π³π¬ Nigeria has a great fintech scene
- πͺπ¬ Egypt is active in edtech and logistics
- π°πͺ Kenya is dominant in agtech
- πΏπ¦ South Africa has a strong enterprise market
These can become massive ecosystems in time.
2. VC investment is growing *fast*
In 2020, $1.43B was invested into African startups. That sounds small, but it's growing fast.
Since 2015, capital investment has grown *40%* per year. That is nuts.