Debt Reaches 41% of African Tech Startup Capital
Nairametrics cites Partech Africa report on rising debt share in startup funding.
Nairametrics cites Partech Africa report on rising debt share in startup funding.
Nairametrics posted that debt now accounts for a record 41% of all capital raised by African tech startups, up from 17% in 2019, according to Partech Africa’s annual venture capital report. The post links to a Nairametrics article headlined 'Why Nigerian startups are turning to debt over equity' that presents the same statistic for the region. The tweet includes an attachment described as a digital illustration on a white grid background.
6K
1 post, first seen 4d ago
Nairametrics cites Partech Africa report on rising debt share in startup funding.
Nairametrics posted that debt now accounts for a record 41% of all capital raised by African tech startups, up from 17% in 2019, according to Partech Africa’s annual venture capital report. The post links to a Nairametrics article headlined 'Why Nigerian startups are turning to debt over equity' that presents the same statistic for the region. The tweet includes an attachment described as a digital illustration on a white grid background.