African tech companies are having a good year
Tech start-ups on the continent have fared well regardless of the pandemic-stricken year
13 December 2020 - 18:16
Though the IMF projects global GDP to decline by 4.4% in 2020, African tech companies are surprisingly enjoying exceptional growth and market impetus. African tech start-ups have fared well regardless of the pandemic-stricken year that has collapsed and constrained numerous sectors around the globe.
In 2019 investor interest in the untapped potential of African tech start-ups was at a high point. Forbes magazine reported that a total of 311 African tech start-up companies received investment in 2019 from 261 investors (a 61% increase from the number of investors in 2018)...
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