Botswana Tech Fund sees opportunity where African venture capital rarely flows
TechCabal | Muktar Oladunmade - Apr 27, 2026
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  • The Big Four countries in Africa attracted over 80% of all venture capital in 2025, with South Africa alone capturing 19% of the total.
  • South Africa accounted for 29% of all African equity funding, making it the largest equity market on the continent.
  • Nearly half of the 138 venture-backed exits tracked from 2019 to 2024 occurred in South Africa.
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The establishment of the Botswana Tech Fund represents a significant step towards addressing the funding disparities in Southern Africa. By focusing on local startups and providing not just capital but also mentorship and resources, the fund could catalyze economic growth and innovation in a region that has been historically overlooked. This initiative could pave the way for a more balanced venture capital landscape across Africa.
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