HELPING BUSINESSES BUILD SOMETHING BIGGER.

2023 was a turbulent year for African tech: funding slowdown, startup closures, but also cleantech rise and crypto resurgence in Nigeria. 2024 predictions include increased DFI participation, continued cleantech momentum, and stricter regulations. Collaboration, new tech hubs, and resilience are key for the future.

Africa's VC scene grows, with Kenya leading. Despite challenges, funding persists. Insights urge Kenyan startups to prioritize profitability for 18-month runway. Kenya remains attractive with government support, offering entrepreneurs a promising fundraising ground. Article unveils Africa's VC landscape and practical tips.

In Africa, women entrepreneurs in tech face significant funding challenges despite their vital role in driving innovation and economic growth. With only 7% of venture capital going to women-led ventures, bridging this gap requires challenging biases, fostering diversity in investment, and embracing Gender Lens Investing to empower women and drive inclusive growth.

Rwanda's rapid growth in the tech sector has made it a top choice for global innovators and entrepreneurs. With a booming tech ecosystem, strong educational investments, innovative government initiatives, and visa-free access, Kigali, Rwanda's capital, has become a vibrant hub for tech professionals and startups. Its impressive economic growth and supportive environment make it an exciting destination for those seeking opportunities in the tech industry.

Startups need to be able to pivot and adapt to changing market conditions. Product-market fit is an ongoing journey, and startups should constantly be working to improve their products and meet the needs of their customers. Some tips for achieving product-market fit include starting small, staying focused, and using iterative product development.