While Africa has attracted numerous investors over the years, enthusiasm seems to be dwindling. In 2023, African startup funding had a significant 39% year-on-year decline. In 2022, Oluwatosin Ogunjuyigbe of Ventures Africa highlighted the lack of "unicorns" in Africa's digital economy, suggesting that initial optimism has given way to closer scrutiny. What's the way forward for startups?
The podcast you are about to listen to was adapted from our LinkedIn Audio Event, held on Thursday, 1st of February, 2024, where we discussed "Getting Funding in 2024".
The event was hosted by Zainab Amoo, a Social Media Executive at Ventures Africa, who held an interesting discourse with guest speakers including, Eunice Ajim, Founding Partner of Ajim Capital; and Uwem Uwemakpan, the Head of Investments at Launch Africa VC.
Edited and Produced: Ishioma Imkhai-Bello.
Reviewed: Hadassah Egbedi.