90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others
With Africa’s startup ecosystem worth put at $6.6 billion, over 90 per cent of these funds are currently concentrated in five cities including Cape Town, Lagos, Johannesburg, Nairobi and Accra. This is one of the key findings in the latest Global Start-up Ecosystem Report 2021 (GSER 2021), compiled by Startup Genome and the Global Entrepreneurship Network….