VC Funding in Africa Drops 40% in 2020 as Early-stage and Pre-seed Funding Suffer Due to Covid-19

Venture Capital Funding in Africa is expected to drop at least 40% or about $800 million by the end of 2020, according to early estimates by the accelerator AfricArena. This is the first time investment in Africa will drop in the past 5 years. The continents appeal as a VC investment destination has been growing, … Continue reading VC Funding in Africa Drops 40% in 2020 as Early-stage and Pre-seed Funding Suffer Due to Covid-19