Introduction: The Promise and the Paradox
In the last decade, Africa has captured the global investment community’s imagination. Startups across the continent have raised billions, with fintech, healthtech, logistics, and climate innovation leading the charge. Yet, when global LPs and investors consider African VC, one word surfaces more than any other: risk.
But here’s the…
Understanding profit margin is crucial for startups aiming to monitor financial health, make informed decisions, and sustain growth. Profit margin not only helps assess the efficiency of your business operations but also determines how well your startup converts revenue into profit.
Calculating these margins involves detailed accounting, making it essential for startups to have a…
Over the last few years, African startups have raised billions in funding for ambitious projects — from homegrown Paystack to continental e-commerce giant, Jumia. This capital often begins with seed funding — a critical step that helps many companies grow and scale. But what exactly is seed funding and where can you get it?
Seed…
Pre-seed funding is essential to a startup's life — providing the initial financial support to bring an idea to life. But how long should pre-seed funding last?
Typically, pre-seed funding provides a runway of 6 to 18 months — depending on the business and industry. Therefore, there is no one-size-fits-all answer, as the ideal duration…
It’s not uncommon to see African startups fail. In fact, reports suggest that between 70% and 80% of startups on the continent fail within their first three years. While there are many reasons for this unfortunate reality, one of them is commonly overlooked and underrated: due diligence.
Due diligence is a thorough investigation that examines…
In 2022, Nigeria-based HR startup — SeamlessHR — raised a $10 million Series A in one of the most impressive funding rounds in Africa. Today, the company is one of the most recognizable names in the African HR technology space — helping African businesses grow efficiently with a modern end-to-end HR management system. But how…
