As little as five years ago it was rare to see venture investment filtering through Africa, with seven-figure seed investment rounds happening as infrequently as spotting a bat-eared fox on safari. Fast forward to 2021... Early-stage startups in the region are bagging multi-million dollar deals and pre-seed rounds are taking off, paving the way for the world's next household names.
So what’s changed, and why is fintech at the core of this shift?