African tech startup ecosystem Archives

The report identifies talent shortages, funding challenges, and regulatory barriers as key obstacles, emphasizing the importance of strategic partnerships and policy advocacy. 51% of surveyed startups struggle to secure funding, with angel investors playing a vital role. 30% of founders cite regulatory issues as significant barriers, urging stronger policy engagement. One-third of startups rely on strategic partnerships, underscoring collaboration as a critical factor for resilience. TLP Advisory, the venture law firm headquartered in Lagos, with offices in London and New York marks ten years of operation with the launch of a new report, “A Decade of the Nigerian Venture Ecosystem: Numbers, Insights & Stories.” The report provides a comprehensive analysis of Nigeria's ...

While 2020 was a record year for investment into the African tech startup ecosystem, with more startups raising more money from more investors than ever before[i]- critics and commentators alike have often claimed that Silicon Valley-style investment frameworks are ill-suited to the continent’s diversity and nuanced need for funding. With investment into African startups considered key to the continent’s ability to leapfrog its socioeconomic development, Africa demands a new investment framework. This was the focus of a recent webinar hosted by Global Innovation Initiative Group (GIIG), the Global Startup Awards (GSA) Africa and Loudhailer, titled A New Funding Model for African Innovation. Unpacking the state of investments into African startups and why international investment framew...

Tag: African tech startup ecosystem

TLP Advisory Celebrates 10 Years with New Report on Nigeria’s Startup Ecosystem

Sustainable Investment Opportunity for Future-fit African Startups Last chance to enter the Global Startup Awards Africa to qualify for the GIIG Africa Fund