The Startup Boom in Africa | Moniepoint

Alex Wilhelm and @Moniepointinc's CEO Tosin Eniolorunda discuss the vibrant startup scene in Nigeria and across Africa, covering both unique challenges and opportunities.

Key Points:
Ecosystem Growth: Despite infrastructure hurdles, Africa’s startup landscape is thriving, with Nigeria, Kenya, Egypt, and South Africa leading in terms of venture funding. New accelerators and angel investors are empowering early-stage founders, Tosin said.

Local Twists: From regulatory differences to currency controls, African startups face unique obstacles. At the same time startups like Moniepoint are developing solutions to those very roadblocks.

Angel Investing: With more founders investing back into startups, Africa’s startup ecosystem is building a cycle of growth, with Tosin describing his own approach to angel investing as "measured" — balancing risk with strategic support.

Catch the full conversation here to learn how Africa's tech scene is evolving: https://www.youtube.com/watch?v=PXtuQh7mCOs


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