(800) 920-5713   |    (613) 212-0066

Blog

April 20, 2019

Acquisitions, more than IPOs, will create Africa’s early startup successes

Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week.

The stock offering made Jumia the first upstart operating in Africa to list on a major global exchange.

This raises expectations for unicorns and IPOs to create the continent’s first wave of startup moguls. But unlike other markets, big public listings and nine-figure valuations could remain rare in Africa.

The rise of venture arms and startup acquisitions will factor more prominently than IPOs in creating Africa’s early startup successes.

I’ll break down why. First, a quick briefer.

Primer on African tech

Not everyone may be aware, but yes, Africa has a booming tech scene. When measured by monetary values, it’s minuscule by Shenzen or Silicon Valley standards.


Source: New feed

Post Types
About admin

11 Comments
  1. Spot on with this write-up, I seriously think this website needs a lot more attention. I’ll
    probably be returning to see more, thanks for the info!

  2. I’m really enjoying the design and layout of your site.

    It’s a very easy on the eyes which makes it much
    more enjoyable for me to come here and visit more often. Did you
    hire out a designer to create your theme?
    Excellent work!

  3. I don’t even know how I stopped up right here, however I
    assumed this publish was once great. I do not understand who you’re but definitely you’re going to a well-known blogger for
    those who aren’t already. Cheers!

  4. I think the admin of this website is truly working hard for
    his web page, for the reason that here every information is quality based
    information.

  5. Wonderful post but I was wanting to know if you could write a litte more on this topic?
    I’d be very thankful if you could elaborate a little bit further.
    Thank you!

  6. This is my first time visit at here and i am in fact
    pleassant to read everthing at single place.

  7. My brother suggested I might like this web
    site. He was totally right. This post truly made my day. You cann’t imagine just how
    much time I had spent for this info! Thanks!

  8. Your means of explaining all in this piece of writing is actually good, all be capable of simply be aware of it, Thanks a lot.

  9. I love your blog.. very nice colors & theme.
    Did you create this website yourself or did you hire someone to do it for you?
    Plz reply as I’m looking to construct my own blog
    and would like to find out where u got this
    from. many thanks natalielise plenty of fish

  10. My brother suggested I might like this blog. He used
    to be entirely right. This put up actually made
    my day. You can not consider simply how much time I had spent for this information! Thanks!
    natalielise plenty of fish

  11. What’s up to all, the contents present at this website are in fact
    amazing for people experience, well, keep up the good work fellows.

Leave a Reply

Your email address will not be published.

Pekan Designs | Web Design & Development Agency

We are an Ottawa web design agency offering complete web design solutions. Our services include web design, web development & digital marketing in Ottawa, ON.