It’s still a brand new year and everyone is full of expectations/aspirations, even as many plans are being mapped out for implementation. In corporate Africa, we expect to see plentiful deals being signed, especially in the startup space where foreign investors’ interest remain keen.
Also, with regards to new product launches, expansion and fundraising, expectations are high. The question then is this —which African startup founders should we expect to see dominating 2022? Let’s take a good guess based on what happened last year.
In 2021, Andrew’s JUMO raised an impressive $120 million in equity funding from various investors including Visa, Kingsway Capital and Fidelity.
The fintech company plans to use the money to facilitate its international expansion. Already, JUMO is present in more than six African countries, namely South Africa, Tanzania, Ghana, Kenya, Zambia, Uganda and Rwanda.