Between 2015 and 2021, total annual funding flowing into African tech startups has grown by 1,000 per cent according to the African Tech Startups Funding Report 2021According to the report, 125 tech startups in Africa raised $185 million in funding in 2015 but in 2021, 564 startups raised $2.1 billion. In countries like Nigeria, which is home to five of the continent's seven tech unicorns, these success stories are still largely seen as Nigerian and African and not truly global tech companies. Akindele noted that taking African tech companies global would also require efforts similar to how Afrobeats became known around the world. Akindele noted that Africa's burgeoning fintech ecosystem is only about a decade old but he has high hopes for its growth in the global marketplace. Akindele noted that tech can be an avenue for Africa to quickly solve its problems, catch up with and overtake the rest of the world.

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