The future of fintech – and by extension, technology more broadly – in Africa is bright. Here are five reasons why.
camels instead of unicorns
As a result, they are better prepared to weather the downturn when times are tough. A lack of venture capital is less likely to down a Camel – they didn’t depend at all costs on it to begin with.Allen Taylor, Managing Partner of Endeavor Catalyst explained it:"Emerging Market founders are just more resilient. We've been investing in Africa for almost 10 years now and the level of ambition and talent in on-par with anywhere in the world, including Silicon Valley.
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