The Flutterwave-Mono deal is a reminder that the African tech ecosystem is vibrant and ripe for consolidation.
the recent acquisition of Mono by Flutterwave—structured as a strategic all-stock transaction—signals a sophisticated maturity of the market.
One thing that is sure in the process of buying a company is that good deals aren’t found, they are created. The “Nothing down buyer’s strategy” is being able to deftly avoid paying money upfront when buying a high ticket real estate product or business. This can be done through a combination of several cash-and –stack deal structures and strategies to influencing the buying process.
The African tech ecosystem is experiencing a powerful wave of consolidation. This is driven by maturing startups, a competitive funding environment, and the strategic push of global and regional conglomerates, which makes mergers and acquisitions (M&A) to be become the primary exit and growth mechanism for several business owners.