Africa’s markets represent a more battle-hardened environment for fast-growing companies than other regions. The businesses thriving in the continent’s major economies are as diverse as they come, and venture capitalists and other investors are coming to African markets with bigger cheque books than ever before.
“There remains too little capital and talent, when compared to the strong demand for both from the many entrepreneurs building the next generation of world class African companies.”
https://www.ft.com/content/caa39ba2-5da8-4cd4-8a2c-41e5c4bba850?shareType=nongift