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African Tech Sector Is Sprouting Unicorns and Raking in Billions
Startups raised a record $5 billion in 2021 as investors piled in. But all of that money isn’t getting distributed evenly.
Africa+: African Startups Are Breaking Investment Records
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Africa’s tech startups raised a record $5 billion in 2021 as investors piled into firms trying to fix the continent’s thorniest problems. But a lot of that money isn’t flowing evenly.
In this episode of Bloomberg’s Africa+, we explore how the burgeoning fintech scene in Nairobi and elsewhere is sprouting a growing number of unicorns, and what those companies need from governments to keep succeeding.