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Ecobank Fintech Breakfast Series 2 0 | Strengthening the ecosystem

Ecobank Fintech Breakfast Series 2 0 | Strengthening the ecosystem
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Funding for African start-ups is surging, defying the global trend

As funding for start-ups falls across the globe, Africa is standing out as a notable exception.

South africaUnited statesRene vollgraaffAmrish narrandesAntony sguazzinLexi novitskeSamuel gebreVenture capital associationLatin americanCape town based futuregrowth assetSouth americaAfrican private equityVenture capitalIdo sum

Africa defies global trend with funding for startups surging

Funding for startups in the world’s second-largest continent more than doubled to $3.14 billion in the first six months of the year.

South africaUnited statesAmrish narrandesLexi novitskeVenture capital associationLatin americanCape town based futuregrowth assetSouth americaAfrican private equityVenture capitalIdo sum

Funding for African start-ups surges, defies global trend

As funding for start-ups falls across the globe, Africa is standing out as a notable exception, with its underserved population outweighing the impact of inflation and slowing economies. Funding for start-ups in the world’s second largest continent more than doubled to $3.1-billion in the first six months of the year, according…

South africaUnited statesAmrish narrandesLexi novitskeVenture capital associationLatin americanCape town based futuregrowth assetSouth americaAfrican private equityVenture capitalIdo sum

Venture funding is slowing down globally Should African startups be concerned?

A global slowdown in startup investing may mean that startups looking to raise growth-stage capital will meet stiffer headwinds. On the other hand, more money looks poised to flow to early-stage deals as the big venture capital firms like Tiger Global move to pick younger companies potentially firing up valuations at earlier stages. So the problem may not be a dearth of capital. But with so much money expected to shift from late-stage companies to younger firms, will Africa’s early-stage investors be able to stay disciplined and not optimize for just getting allocations?

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