Between 2004 and 2010, the developed world was captivated by upstarts like Facebook, YouTube and Instagram. Uber, Spotify and Airbnb were born in the middle of the Great Recession. The tech arena already featured giants like Microsoft and Google. Amazon was emerging as the global online shopping beast. In Africa however, Safaricom’s MPesa was the […]
A pandemic-induced economic downturn portends troubling times for businesses, but Africa remains the best destination for smart capital. The secret, according to Eghosa Omoigui, founder and managing partner of EchoVC, is in the continent’s antifragility. Omoigui shared his thoughts on the bullish case for investing in Africa as a guest on TechCabal Live, a live […]
They’ve also signed distribution deals with Total, CityDia and Spar
EchoVC will be the sole manager of the funds.
More investors are becoming more confident about opportunities in African tech businesses in reaction to its high quality founders and large underserved market opportunities. EchoVC is part of that wave.
Nigerian startup set to overhaul Africa’s $6B Printing Sector closes on six-figure seed investment.