
Africa, often described as the last frontier for global investment, is witnessing a burgeoning startup ecosystem. The continent's vast resources, coupled with its youthful, tech-savvy population, present unparalleled opportunities for innovation and entrepreneurship. In 2020 alone, African startups drew a staggering USD 2.4 billion in investments, underscoring the global confidence in Africa's economic potential. However, beneath these promising figures lies a trend that demands introspection: the dominance of foreign founders in the African startup narrative.
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