Misaligned Reporting in African Tech Risks Future Funding, New Report Reveals
Wimbart’s Second Annual Investor Relations Report Calls for Standardised Reporting Frameworks to Strengthen Investor-Startup Relationships
40% of startup founders feel investors do not understand their business and market, creating a disconnect in communication
89% of investors receive regular reporting from their portfolio companies, up from 71% in 2023
72% of investors have increased their reporting requirements over the past 18 months, prioritising sustainability metrics over financial KPIs
Wimbart, an award-winning PR agency specialising in business and technology sectors across Africa, has released its second annual report titled “Startup Performance Reporting in Africa: Aligning Startup and Investor Expectations.” The report, which aims to gain a comprehen...