Browsing: Briter Bridges

African start-ups more than doubled the amount of debt they raised last year, a surge that may continue as equity funding becomes more expensive.

That may, however, be the high-water mark as a deepening slump in the technology industry reduces the funding pool.

Fintech companies in Africa raised more capital in 2020 despite the Covid-19 pandemic, standing in contrast to their emerging market peers such as Latin America that saw a decline.