Africa will see billions of dollars in tech-driven value creation over the next few years.
We believe that emerging markets such as Latin America and South East Asia are ~5 years ahead of Africa. Smartphones adoption curves preview how much value will be created:
We also believe African entrepreneurial tech ecosystem is undeserved with Venture Capital allocation remaining 2-3x smaller than comparable emerging markets:
VC dollars invested in 2019, per $10,000 of GDP.
|Location||San Francisco, CA, USA|