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The Unicorns And Wealth of Africa

The Unicorns And Wealth of Africa

This is the global roll call and the reason why we started Tekedia Capital. Technology is the accelerant that will advance all industrial sectors because every business is increasingly a technology business. Africa* has five unicorns as I write: Interswitch, Andela,  Flutterwave, OPay, and Wave.

I expect this number to hit 15 by the end of 2023 (India has minted 28 so far in 2021). Andela is another non-fintech in that list after Jumia, an ecommerce, until it exited the private club. MENA’s Careem which Uber acquired was also in that club. Largely, by 2030, some of these founders will become the new $100 million club owners just as the people on this list.

Learn what we are doing at Tekedia Capital here.

Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

Tekedia Capital offers a specialty investment vehicle (or investment syndicate) which makes it possible for citizens, groups and organizations to co-invest in innovative startups and young companies in Africa. Capital from these investing entities are pooled together and then invested in a specific company or companies. Our focus is on companies with primary operations in Africa even though they may be legally domiciled within or outside Africa.

We invest in mainly technology-anchored companies and are sector-agnostic which means those companies could be operating in any industry, including finance, real estate, education, health, logistics, etc. The opportunity is open for individuals in Africa, Africans in diasporas, global citizens in any place in the world, investment groups and organizations around the world.


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Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.

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