The thesis emerging from the data is clear: Africa's tech ecosystem isn't in decline — it's undergoing a structural reset. The unicorn-chasing, growth-at-all-costs era that peaked in 2022 is giving way to a leaner model built on capital efficiency, realistic exits, and infrastructure-grade regulation.

Evidence For

TechCabal Insights compiled the receipts. Between January 2023 and March 2026, at least 56 layoff events swept through Africa's tech ecosystem, resulting in...