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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Africa: The Big Deal

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Africa

African startups turn to debt as equity powder dries up

    By Conrad Onyango, via bird story agency In 2022, when funding from venture capitalists began to dry up in Africa, Treepz, a shared mobility startup, was faced with a difficult decision... throw in the towel or grow the business without new investors. As part of their decision to keep going, they changed their core business model. “Towards the end of 2022, we knew the funding draught would happen […]

todayJanuary 24, 2024 12

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Africa

Fintech and energy illuminate DR Congo’s nascent startup ecosystem

  By Conrad Onyango, via bird story agency The Democratic Republic of Congo (DRC), one of the world’s most resource-rich countries, is carving out a new prosperity niche as it emerges on the global tech scene. Known for its green metals, cobalt and copper, and the world's second-largest rainforest, the newest member of the East African Community is having a moment in the startup ecosystem. In 2023 the country raised […]

todayJanuary 23, 2024 21

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