After initially defying the global slowdown, African startups’ first quarter venture results fall

The recent, and now past, venture capital boom was a global affair. While traditionally busy markets like North America and Europe benefited from the explosion in capital, other regions with more nascent startup scenes also saw big gains in their ability to attract funding. Southeast Asia is a frequently noted example of the phenomenon. Latin American as well.
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Africa also saw its venture capital totals soar during the last startup gold rush. In recent quarte

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