The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech.
With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.
A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.