But the question of what is an African startup is a good one as many of them are legally domiciled outside of Africa (to facilitate fundraising), but it's not like they have existing operations in the US or UK and are expanding to new markets in Africa.
A good example is Egyptian fintech MNT-Halan, and here's a good read on the company's origins: https://afridigest.com/untold-story-africas-newest-unicorn-m...
But the question of what is an African startup is a good one as many of them are legally domiciled outside of Africa (to facilitate fundraising), but it's not like they have existing operations in the US or UK and are expanding to new markets in Africa.