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Here are Africa’s biggest startups based on valuation
We take a look at African startups that could uniocorns, that is become billion-dollar companies, in the coming years.
A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to prioritize sustainable business models and clear paths to profitability. This shift spelled trouble for well-funded startups that fell short of these criteria, leading to high-profile closures, including mobile commerce platform Copia and agri-focused data analytics firm Gro Intelligence. Clickatell — About $500 million: The South African-born startup plays in the chat commerce space, offering a platform that enables businesses to connect, interact, and transact with their customers through popular messaging channels like SMS and WhatsApp.
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