- 🇳🇬 Nigeria has a great fintech scene
- 🇪🇬 Egypt is active in edtech and logistics
- 🇰🇪 Kenya is dominant in agtech
- 🇿🇦 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.