At an overall ecosystem level, the inflection point happened in mid 2021, driven mostly by Nigeria’s performance. Start-ups in Nigeria are now raising more ‘annually’ than the whole ecosystem was just a year ago. Until mid-2021, Kenya and South Africa could challenge Nigeria’s dominance. As a matter of fact, there is a 5-month period in late 2020/early 2021 when Kenya was outperforming Nigeria…
Ecosystem on a roll 📈
Ecosystem on a roll 📈
Ecosystem on a roll 📈
At an overall ecosystem level, the inflection point happened in mid 2021, driven mostly by Nigeria’s performance. Start-ups in Nigeria are now raising more ‘annually’ than the whole ecosystem was just a year ago. Until mid-2021, Kenya and South Africa could challenge Nigeria’s dominance. As a matter of fact, there is a 5-month period in late 2020/early 2021 when Kenya was outperforming Nigeria…