In a somewhat unofficial fashion, East African early-stage firms are finally getting the attention they supposedly deserve.
Tech startups from the region seem to be raising more frequently, in larger sums and in quicker successions. Amidst all this even, the first ever Silicon Valley VC bet was made on a Rwandan e-mobility startup.
Now, the International Finance Corporation (IFC), the organization informally referred to as a sister to the World Bank, divulged its intentions to loosen its purse strings to enable an East Africa-based conclave of venture builders and early-stage founder, and support local startups.
