Too many fundraises, not enough returns: The story of African tech
TechCabal - Oct 15, 2025
The Pan-African View of Tech Returns and Exits panel discussed the challenges African startups face in achieving liquidity events. In 2023, only 30 exits were recorded across Africa, compared to 83 in Southeast Asia and 178 in Japan.
African startups need financial backing for global ambitions, says VCs
TechCabal - Oct 10, 2024
Investors stress the need for funding and market knowledge for African startups to scale globally. African startups are expanding into Southeast Asia and North Africa.