A glimpse into Africa’s venture capital ecosystem is provided through an interview with Hiruy Amanuel, an African venture capitalist and major investor in Africa’s technological advancement. Amanuel discusses the challenges and opportunities of investing in the African continent, as well as the promising sectors for VC investment, such as fintech, communication and mobile apps, agrotech, and healthtech.
Amanuel emphasizes the need for private firms that actively support and mentor startups, rather than just providing funding. He believes that these firms can add more value and help startups to scale successfully.
