2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

Published: January 2, 2020 | by Bitcoin Press News Team

2019 brought more global attention to Africa’s tech scene than perhaps any previous year.

A high-profile IPO, visits by both Jacks (Ma and Dorsey) and big Chinese startup investment energized that.

The last 12 months served as a grande finale to 10 years that saw triple-digit increases in startup formation and VC on the continent.Here’s an overview of the 2019 market events that captured attention and capped off a decade of rapid growth in African tech. IPOs The story of the year is the April IPO on the NYSE of Pan-African e-commerce company Jumia. This was the first listing of a […]