As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms (Rivaldo Jantjies/Bloomberg)
Techmeme [Unofficial]
May 28, 2026
Rivaldo Jantjies / Bloomberg: As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms — African startups are rewriting their funding playbook as the global artificial intelligence boom pulls venture capital toward the US …
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