African start-ups funding at risk in 2020 [Morning Call]

African start-ups funding at risk in 2020 [Morning Call]

The global economy is on the cusp of a recession brought about by the coronavirus pandemic. Nearly all sectors or industries are affected badly by the impact of this pandemic and the jobs and livelihoods of millions if not billions of peoples are considered to be at grave risk according to reports from several finance corporations.

Over the last five years in Africa, the dominant trend across the continent’s largest tech ecosystems has been a record-breaking investment boom. From payments and …

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Tecla Chandata