We believe that Africa's time is now. The continent's demographics and economic trends present unparalleled opportunities for value creation around tech, sport, media and lifestyle-oriented businesses.
Africa's population, which is larger than most developed economies, allows for opportunities of scale and expansion of businesses.
By 2050, over 25% of the world's population will be in Africa. Africa's working population is expected to surpass that of China and India by 2032 and 2036 respectively.
Mobile users in Africa will soon reach over half a billion. When this milestone was crossed in China, 100 unicorns emerged within five years. Despite existing restrictions, mobile money businesses are already generating more revenue than bank payment businesses.
Fundraising by African startups has followed an increasing trend compared to other regions (it grew by 150% in the first half of 2022). As fundraising increases, so does the number of strategic exits.
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C/O Nexus House Global Financial Services Limited
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