Africa is the way to go for tech-savvy, risk-averse venture capitalists
The strength of its investment appeal has continued to grow even after Covid-19 had struck
Africa is considered the fastest-growing market in the world and is projected to account for about a third of the total global population by the end of the 21st century. In fact, about 85% of global population growth will take place on the continent over the next 80 years. This staggering statistic highlights the need for urgent and impactful socioeconomic interventions across Africa to meet the needs of such a fast-growing population.
It also highlights the opportunity that exists on the continent for savvy venture capitalists with leanings towards technology and innovation, a desire for potentially explosive growth and, admittedly, a stomach for slightly higher levels of risk than typically found in more developed regions...