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Turbulence and Triumph: Reflecting on Africa’s Tech Rollercoaster in 2023
2023 was a turbulent year for African tech: funding slowdown, startup closures, but also cleantech rise and crypto resurgence in Nigeria. 2024 predictions include increased DFI participation, continued cleantech momentum, and stricter regulations. Collaboration, new tech hubs, and resilience are key for the future.
How Viable is VC Funding for African Tech Startups in Today’s Landscape?
Africa's VC scene grows, with Kenya leading. Despite challenges, funding persists. Insights urge Kenyan startups to prioritize profitability for 18-month runway. Kenya remains attractive with government support, offering entrepreneurs a promising fundraising ground. Article unveils Africa's VC landscape and practical tips.