The problem with the African tech ecosystem is its storytelling
- By 2050, one in four people on Earth will be African, emphasizing the continent's demographic significance.
- The narrative 'Africa’s Rising' has previously attracted global investment, exemplified by Jumia's unicorn status.
- The post-COVID capital retraction has highlighted a storytelling deficit in the African tech ecosystem.
The future of Africa's tech ecosystem hinges on its ability to craft and communicate compelling narratives. Without a concerted effort to improve storytelling, the continent risks being overlooked by global investors, despite its vast potential. Collaboration among founders and VCs is crucial to create a unified and impactful narrative that can attract the necessary capital.
