Africa Draws Under 1% of Global VC Despite 3% of World GDP
Africa took under 1% of global VC value in 2022. A survey of 4,500 founders shows why: scarce local equity, thin networks and a hard bias toward foreign money.
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Africa took under 1% of global VC value in 2022. A survey of 4,500 founders shows why: scarce local equity, thin networks and a hard bias toward foreign money.
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