Edwin Ashimwe<\/b><\/p>\n
Africa-Press – Rwanda. <\/strong><\/span>President Paul Kagame on Wednesday, November 8 joined a gathering of Africa-focused leading investors, startups, and industry players, for the official opening of the Norrsken Africa Week, a ceremony that seeks to, among others, mull fast-tracking Africa\u2019s growing tech and startup ecosystem.<\/p>\n Hosted at the Norrsken House Kigali, the two-day event will focus on what opportunities are there for investors and startups on the continent, organizers said.<\/p>\n The Norrsken Africa Week will also double as the official launch of the Norrsken Kigali House.<\/p>\n The event will also see several high-profile investors sharing their experiences including Nonkululeko Nyembezi, Chairman at the Standard Bank Group, Niklas Adalberth, Founder of Norrsken, Hannah Subyai Kamuanga, Partner at Lauch Africa Ventures.<\/p>\n Also expected to share remarks is celebrated musician and investor Mr Eazi, Angela Homsi, Chief Executive and Founder of Angaza Capital, Moses Mukundi, Founder of Eden care, among others.<\/p>\n The event comes at a time when Africa is the world’s fastest-growing economic powerhouse.<\/p>\n By 2030, over 1 billion new African internet users are expected to come online, estimates show.<\/p>\n The African startup ecosystem raised more than $6.5 billion in 2022, up more than 8 percent compared to 2021. This is in spite of a global Venture Capital downturn.<\/p>\n Fintech attracted the Lion\u2019s share of funding. 205 African fintech startups, 11.4 percent more than in 2021, raised a total of $1.5 billion during 2022.<\/p>\n Women-founded startups raised 22 percent of all equity rounds in Africa in 2022, up 2 percent from 2021.\r\n