Africa has seen an explosion of startup activity and funding in recent years, with nine(9) startups reaching unicorn status. For ambitious founders looking to build a billion-dollar business in Africa, focusing on the right high-growth industries can greatly stack the
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Africa is poised to reap a massive demographic dividend as its youth population is projected to double to over 830 million by 2050 according to African Development Bank(AFDB). This makes Africa home to the largest workforce globally in the coming
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February 2024 saw another active month for the African startup ecosystem, with $84.405 million raised by startups across 25 deals according to data compiled by Spectrum Hub. This fundraising comes alongside several Africa-focused venture capital firms launching new funds totaling
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Micro, small, and medium enterprises are the lifeblood of economies worldwide. These businesses, numbering around 350 million, represent over 90% of all firms globally and account for both of the global GDP. MSMEs provide the foundation for job creation, innovation,
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The exponential nature of digital technology, which stands as a hallmark of the Third Industrial Revolution, finds its best exemplification in Moore’s Law. Coined by the founder of Intel, this law states that the cost of producing chips decreases while
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