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Join us at the launch of our state of tech Q3 report this Friday

From

bigcabal.com

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tcinsights@bigcabal.com

Sent On

Tue, Nov 8, 2022 06:36 PM

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=.UO5eWMu7rh9O7N0MZTWWoUbeaMdv89crXhEBBN6Hd68 Hey there, This year, we've observed quite a few inter

[View in browser](=.C37sA7PlWCI1Fzq17ejsV5OmMTfGvNp_pK6p5fpckgs) =.UO5eWMu7rh9O7N0MZTWWoUbeaMdv89crXhEBBN6Hd68 Hey there, This year, we've observed quite a few interesting trends in Africa's tech ecosystem. For instance, when we looked at acquisitions, we saw that acquisition deals increased by 44% QoQ in Q3 2022. This could mean that startups are consolidating to weather the funding storm. The reason behind this could also predate the global funding downturn that we see today. We could also consider IPOs. This quarter, we observed that most African tech companies that have gone through IPO lose as much as 40% of their market cap. What could be the cause and what does this signify for future IPOs? If you’d like to glean valuable insights on this and other important trends in African tech, join us on a special edition of TechCabal Live this Friday at 11 AM (WAT) where we will launch our State of Tech report for Q3 2022. This report presents easy-to-digest insights and data points based on evidence-based research that anyone from founders to investors will find useful. Come get insights on funding rounds, acquisitions, regulation, and other events that characterized Africa’s tech ecosystem in Q3. Save a spot below! [Register here](=.43oC-pOU_W-iIku85vDXukvdwArAHSe4PmTN49IPKQQ) Sincerely, Eniola Sosan Event Assistant, TechCabal Insights TechCabal 18 Nnobi Streeet, Surulere, Lagos VA 22193 Nigeria You received this email because you signed up on our website or made a purchase from us. [Unsubscribe](=.Nrc0NDHh89fVFXiri4Rnhqxr-NIdyxqsS_Tfwgo0ShA) [Sent by MailerLite](=.PAKDmU0tBiV2AgVNieJ8gL4u1a6t3-yAgYFBcbH_xcY)

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