Investor confidence in Africa’s blockchain industry renewed
- Investors expressed renewed confidence in the African blockchain startup ecosystem at the CV Summit in Cape Town.
- Crypto Valley VC has raised the Africa Fund to invest in African crypto and blockchain startups.
- Startups need to justify valuations and focus on building businesses that solve relevant problems.
The African blockchain startup ecosystem is experiencing a resurgence in investor confidence due to improving regulatory environments and widespread blockchain adoption. The establishment of the Africa Fund by Crypto Valley VC demonstrates the growing interest in investing in African crypto and blockchain startups. However, startups must be cautious in justifying their valuations and prioritize building businesses that address real problems.
