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.
Africa’s fintech founders may have dominated the fundraising game in 2021, but other founders operating in other ecosystems also did pretty well.
A good example is Peter Njonjo whose food tech company, Twiga Foods, raised an impressive $50 million last year to facilitate scale. Business Insider Africa understands that the company is aiming for a valuation of $1 billion within the next five years.
So, it’s really exciting to watch out for what Peter and his team are set to do this new year towards actualising that medium-term goal.
