New data released this week shows that African tech start-ups recorded increased funding in 2021 manifested in signed deals that are three times higher than the previous year. The deals make the continent’s tech startups ecosystem the fastest growing in the world. Africa’s tech startups ecosystem is the fastest growing in the world. Nigeria, South Africa, Egypt and Kenya are still the hotspots for African VC investment. However, 73 per cent of total funding went to the top 4 countries, with half of it going to Nigeria alone. Do you think that Africa could have been at per with the world if states could finance startups in Africa?

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