• Bonus: The Biggest Lessons From Africa's Funding Winter

  • Feb 8 2024
  • Length: 4 mins
  • Podcast

Bonus: The Biggest Lessons From Africa's Funding Winter

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  • Summary

  • The turbulent funding landscape of 2023 in Africa's startup ecosystem has underscored crucial lessons for entrepreneurs and investors. The challenges faced by growth-stage companies have prompted a shift in mindset, emphasising profitability over aggressive expansion. The need for founders to thoroughly understand the local market, focus on obtaining minimum capital for product-market fit, and adopt a measured, longer-term approach has become evident.


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