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

debt financing

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Africa

More African founders secure $1M+ Funding in new trend

        By Seth Onyango, bird story agency   Start-ups in Africa are increasingly hauling in US$1 million or more in funding, even as the investment climate on the continent cools off. Data from Africa: The Big Deal, shows ventures raising over US$1 million thrive due to their bankability, suggesting a selective but keen interest from investors amidst a cautious investment backdrop. "While the amount raised quarterly is […]

todayApril 10, 2024 7

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Africa

Africa’s debt crisis needs a bold new approach: expert outlines a way forward

  By Danny Bradlow, University of Pretoria   It hasn’t been easy for African states to finance their developmental and environmental policy objectives over the past few years. Recent events suggest that the situation may be improving. For the first time in two years, three African states have been able to access international financial markets, albeit at high interest rates. Kenya, for example, is now paying over 10% compared to […]

todayFebruary 22, 2024 11

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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 14

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