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Africa’s tech opportunity excites global investors

29 September, 2022 | 
Pureprofile 

Originally published: ITWeb, 22 September 2022

Global venture capital (VC) and private equity investors are banking on an African tech boom over the next three years, reveals a new study.

The research, commissioned by blockchain-based mobile network operator World Mobile, and conducted by independent research company Pureprofile, indicates the continent’s start-up ecosystem is expanding rapidly.

For the research, Pureprofile interviewed 100 senior private equity and VC executives based in the US, UK, Saudi Arabia, United Arab Emirates, France, Germany, Hong Kong and Singapore in June.

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