Africa Behind in VC Investment
Global VC (venture capital) data values highlight that Africa significantly underperformed other regions when it comes to receiving VC investment in 2020. Last year, a total of $259.4bn was invested globally. Of this amount, $132.9bn went to North America, $33.4bn went to Europe and $87.1bn went to Asia. Only $1.4bn was invested in African companies.
Despite the downturn in the global economy during the pandemic, the value of global VC and tech investment ...
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