With global capital becoming nervous, Africa is proving to be an interesting exception when it comes to venture capital appetite for investment.
Overall there has been a global decline in VC investment in Fintech. Africa however has not suffered as much as would have been anticipated. This is largely because there has been a lot of optimism of the young population that has fast become tech savvy and is the future of the region.
VC involvement in Africa has been evolving. Many VCs now understand the importance of not only investing in founders but holding their hands through the various stages of the process of fund raising.
Here are some highlights of the VC’s panel discussion at the Africa Fintech Summit 2022.
Cyrene Ben Fadhel has appealed to her fellow VCs to also focus on assisting founders in the governance structures. Founders get overwhelmed in operations and administration and often fail and enforcing governance. Let’s Go.. #AFTSCapeTown2022 pic.twitter.com/VJbKcHbd6H
— FinInsight Zambia (@MWE15) November 3, 2022
Cyrene Ben Fadhel has appealed to her fellow VCs to also focus on assisting founders in the governance structures. Founders get overwhelmed in operations and administration and often fail and enforcing governance. Let’s Go.. #AFTSCapeTown2022 pic.twitter.com/VJbKcHbd6H
— FinInsight Zambia (@MWE15) November 3, 2022
