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, Flutterwave (one of the most popular Unicorns in Africa) secured a whopping $250 million in funding — one of the highest single-round raises on the continent. This cash injection from investors allowed the company to expand its operations and processing infrastructure and reach even more merchants and customers worldwide. But what exactly does…