Features

Frontier markets

Francophone, Lusophone startup ecosystems see a drip-down in interest.

09 October 2019

When the raft of annual African startup funding reports is released at the beginning of next year, headlines will be made by markets such as Nigeria, South Africa, Kenya, and Egypt. Anglophone African markets receive the vast majority of investments.

Francophone and Lusophone Africa lag behind. Lacking markets or cities that are jumping-off points for the continent in the same way Cape Town, Lagos or Nairobi are, and suffering from doubts over market size and the state of ecosystem development, Francophone and Lusophone startups also pay t he price of language, in a s pace where the majority of overseas investors are coming from the United States.

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