Sunday, December 11, 2022

More Unicorns Are Coming in Africa

I declared that 2020 will be the Year of the Unicorns and it came to pass with the total number of unicorns reaching 563 in 2020 and increased to 957 in 2021 when I declared that Our Unicorns Are Coming, Nigeria and the rest of Africa contributed to make up the 1, 000 unicorns so far in the world. And more unicorns are coming in Africa in 2023.  

The unicorns in Africa include the following:

Chippers Cash (over $2 billion) 

Andela – ($1.5 billion) 

OPay (over $2 billion) 

Wave ($1.7 billion) 

Flutterwave – ($1 billion) 

Paystack – ($1 billion) 

Interswitch ($1 billion) 

Jumia ($1 billion)

Fawry ($1 billion)

PiggyVest ($1 billion)

New unicorns will emerge from EdTech startups, decentralized transactions startups, ride sharing startups and sports betting startups.



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