An optimistic means to think about 2023 is to contemplate it a seminal yr for stakeholders within the African tech ecosystem. On the one hand, the worldwide financial local weather made it a difficult yr for fundraising, particularly amongst African startups that recorded an unprecedented 36% decline in funding from the earlier yr for causes which have been well documented.
Alternatively, the challenges have led to deeper considering amongst buyers, who at the moment are novel methods to adapt and construct resilience for 2024. One such means is thru the anticipated rise of mergers and acquisitions. One other is a renewed concentrate on secondary markets for liquidity lifelines. These concepts and extra have been captured in our newly launched 2023 Watershed Report, which supplies startups with the distinctive alternative to resolve enormous issues utilizing progressive options.
Listed below are a couple of highlights from the report:
- A decade that has seen startups elevate near $20 billion in funding
- Prospects of an rising native enterprise capital market
- Contending with financial headwinds vis-a-vis evolving regulatory instructions
- New methods to unlock worth
- Leveraging information and a casual method backed by empirical proof
To get actionable insights from this report, please go to: https://techcabal.com/report/watershed-report-building-for-2024/