Why Africa had no unicorns last year despite record fundraising haul • TechCrunch
Africa, bucking global trends, raised more VC dollars in 2022 than 2021. But its unicorn list stayed stagnant The African tech scene was met with fanfare in 2021: Venture capital investments in the region totaled between $4 billion and $5 billion and produced five unicorns. In my piece detailing this progress, I predicted there would…