Hopes of seeing an African unicorn on the horizon have been floated around for years, but increasingly, investors are changing their focus. The latest blow to much discussed African unicorn came at the Africa Tech Summit Kigali in February, in a panel session exploring the investment environment in Africa “from seed to scale”. Panelists were asked whether an African unicorn can be expected in the near future. The days of the African unicorn may well be numbered, as investors on the continent increasingly call for the mythical creature to be forgotten. Do we still hope to catch a glimpse of the African unicorn one day?

Source: The North Africa Journal March 02, 2018 06:00 UTC