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Francophone Africa tech hubs grow their investor appeal, footballers join the fray

Francophone Africa tech hubs grow their investor appeal, footballers join the fray

WHILE Africa’s ‘big four’ tech hubs of Nigeria, Kenya, South Africa and Egypt maintained their top spots in a difficult funding year, their 2023 rankings were increasingly challenged by Francophone countries according to recent reports. Partech’s 2023 Africa Tech Venture Capital Report shows that Francophone Africa recorded a 3% rise in funding, against a wider 50% drop among the 'big four". Similarly, the number of French-speaking tech hubs among Africa's "top ten' also rose, with five slots now filled by Francophone countries. “In 2023, Francophone Africa distinguished itself as a dynamic and growing force in the tech sector, defying broader…
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Macron ends Africa tour with wish for fair reset of ties

Macron ends Africa tour with wish for fair reset of ties

ELIZABETH PINEAU EMMANUEL Macron shared his vision of a renewed partnership with Africa in which it stands equal with France, as he concluded a tour where he has sought to dispel France's image as an arrogant former colonial power whilst bidding for future influence. The French President held talks on Saturday with President Felix Tshisekedi in the capital of the Democratic Republic of Congo, which this week saw several small-scale protests - signs of rising anti-French sentiment in parts of Francophone Africa. At a joint press conference, Macron acknowledged France was among foreign powers jostling for influence in Africa but said he…
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Championing a crypto revolution in Africa

Championing a crypto revolution in Africa

PATRICK NELLE WHEN crypto startup Ejara recently inked a 2 million US dollar funding deal to bring to 5 million dollars the total amount out cash it has raised in 8 months, Francophone Africa sat up and took notice of the company - and its CEO and co-founder, Nelly Chatue-Diop. The company is blazing a trail for startups in the sector in Francophone Africa, offering venture capital a new route to potentially lucrative markets and forcing venture capitalists who have traditionally focused on fintech opportunities in Anglophone Africa to shift their gaze. But while cryptocurrencies offer lucrative opportunities in Africa,…
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