5 Reasons The Future Of Tech Is African

Last week, three hundred venture capitalists descended on Nairobi for the Kauffman Fellows Summit, one of the world’s largest venture capital gatherings – and the first time it took place in Africa.

The story of technology in Africa in many ways is also a fintech story. The majority of Africa’s 10+ unicorns are fintech businesses, many of which I’ve covered in this column. Across 2021 and 2022, between 40 and 60% of VC funding in Africa went towards fintech.