Analysis: African Startups and Investors Must Now Make a Case for Their Existence as Funding Dries Up
Between 2019 and 2021, interest in African startups soared, with venture capital investments rising from $1.3 billion in 2019 to $4 billion in 2021.
Fuelled by a zero-interest rate policy in many parts of the Western world, investors rushed to invest in African startups with hopes of making huge returns.
Photo courtesy of Mario Losereit.
Source: Techpoint Africa (link opens in a new window)
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- Investing
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- startups, venture capital
