Show me the money: The need for transparency in African tech exits
- Paystack, InstaDeep, and Expensya are highlighted as notable exits in the African tech ecosystem.
- CreditChek's acquisition of CreditCliq and Bankly's acquisition by C-One Ventures are mentioned as recent deals lacking disclosed figures.
- Christophe Viarnaud emphasizes that the lack of transparency is more pronounced in Africa due to fewer notable exits.
The lack of transparency in exit figures is a significant barrier to the growth of the African tech ecosystem. While confidentiality is understandable, fostering a culture of openness could enhance trust among investors and founders, ultimately leading to a more robust market. Encouraging public discussions around exits, even without specific figures, could help build a more credible narrative for the ecosystem.
