Start-ups in Africa defy funding slumpBy Agency Staff24 January 2023 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.
Africa’s start-ups raised a record R91-billion last yearBy Agency Staff6 January 2023 That may, however, be the high-water mark as a deepening slump in the technology industry reduces the funding pool.
Money is pouring into African fintechsBy Agency Staff6 May 2021 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.