How old narratives still shape the future of African startups
- Africa represents 17% of the world’s internet users, with countries like Morocco and Nigeria leading in internet and mobile penetration.
- The continent is home to unicorns like Moniepoint, MNT-Halan, and Wave, demonstrating its capability to produce globally competitive startups.
- African startups are scaling across borders, with companies like Flutterwave and Kobo360 proving that local innovations can thrive globally.
The narrative surrounding Africa's tech ecosystem needs a significant overhaul. By focusing on its unique innovations and successes, the continent can attract more investment and support. It is essential for stakeholders to recognize the diversity and potential within Africa, moving beyond outdated stereotypes to foster a more accurate and empowering perception.
