Africa Surpasses 500 Coworking Spaces As Remote Work And Startups Drive Surge

Africa Surpasses 500 Coworking Spaces As Remote Work And Startups Drive Surge

Africa has surpassed 500 coworking spaces as startups and remote work drive expansion.

African Startups Struggling to Attract Foreign Investment

African startups are finding it increasingly difficult to attract foreign investment due to heightened perceptions of risk, according to a new report by the International Finance Corporation (IFC), the investment arm of the World Bank. The report, Venture Capital and the Rise of Africa’s Tech Startups, reveals that despite strong early growth, funding for African tech startups has plummeted since 2022. The number of funded African tech startups …

Startups from Nigeria, Egypt, Kenya and South Africa are investors’ toast- Report – Businessamlive

Bamidele Famoofo Startups from four strategic African countries- Egypt, South Africa, Kenya and Nigeria are fast becoming the toast of foreign investors as they are perceived most developed among their peers on the continent. A report released by the International Finance Corporation, the investment arm of the World Bank, recently, revealed that African startups are finding it increasingly difficult to attract foreign investors because they are …