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.
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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.
Funding for African start-ups slowed for the first time after nearly a decade of growth as investors in the fledgling tech scene were put off by the Covid-19 pandemic, according to venture capital firm Partech Partners.