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Africa’s digital opportunity isn’t evenly distributed

Africa’s digital opportunity isn’t evenly distributed

Why the NEKS countries — Nigeria, Egypt, Kenya, and South Africa — dominate venture capital funding in Africa today.

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Emeka Ajene
Jan 31, 2024
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Africa’s digital opportunity isn’t evenly distributed
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Afridigest is your intelligent guide to Africa’s tech ecosystem. We provide ideas, analysis, and insights for startup founders, executives, and investors across Africa and beyond. 
In the last few essays, we’ve looked at the rise of startups in Francophone Africa and Morocco. Today’s essay answers the basic question of why NEKS countries — Nigeria, Egypt, Kenya, and South Africa — dominate VC funding across the continent today.
If you’re new here: welcome — the Week in Review is sent on Mondays, the Fintech Review goes out on Sundays, and other content (like this) goes out on Wednesdays and/or Saturdays. For past essays and digests, visit the archive & Afridigest.com.
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