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

Start Ups

3 Results / Page 1 of 1

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Africa

Africa’s off-grid solar sector is electrifying global investors

    By Bonface Orucho, bird story agency   Africa’s off-grid solar sector continues to be a magnet for investment, with recent analysis from Africa: the Big Deal emphasizing its growing appeal to investors. Despite a general decline in start-up funding across the continent over the last two years, the industry remains a clear priority for both the social impact and regular investment community. According to Laura Fortes, the senior […]

todayAugust 22, 2024 25

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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 6

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Business / Economics

As equity deals continue to decline and volumes dry up worldwide, African startups are increasingly relying on venture debt to stay afloat.

By Conrad Onyango, 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 in Africa. We […]

todayJanuary 24, 2024 3

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