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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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