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Low on cash, African tech braces for an extended wave of startup closures

The struggle by some African startups to sustain operations in the wake of tighter fundraising portends a wave of shutdowns, warn industry insiders.

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Norrsken22 Closes $205M Fund to Back African Tech Startups : TechMoran

Norrsken22 Closes $205M Fund to Back African Tech Startups : TechMoran
techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.

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Norrsken22 s debut fund closes at $205M to back growth-stage startups in Africa

Norrsken22 receives support from unicorn founders and institutional investors to address gap in growth-stage tech funding in Africa.

South africaUnited kingdomOlugbenga agboolaNatalie kolbeHans otterlingPartech africaNiklas adalberthNgetha waithakaLexi novitskeNiklas zennstrInternational finance corporationBritish international investmentPension foundationStandard bankAfrican tech growth fundUs international development finance corporation

Norrsken22 closes African tech growth fund at $205mn

Norrsken22 closes African tech growth fund at $205mn
cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.

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In the wake of Dash s closure due to fraud, 5 investors talk due diligence in Africa

Early- and growth-stage investors discuss lessons to be learned from African startups failing due to a lack of due diligence.

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