As funding slows, African venture capital doubles down on sustainable solutions

As funding slows, African venture capital doubles down on sustainable solutions

Hiruy Amanuel, co-founder, Gullit VC Partner Content After years of rapid expansion, the continent’s startup ecosystem is now adapting to a more measured pace, with investors emphasising sustainable business models and long-term value creation. According to the African Private Equity and Venture Capital Association (AVCA), total funding for African startups declined by 46% in 2023…

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Africa: Ocean Action Boosted in Africa As Biodiversity Leaders Call for Urgent Synergy, Funding Reform

Africa: Ocean Action Boosted in Africa As Biodiversity Leaders Call for Urgent Synergy, Funding Reform

Nice, France — As the curtains draw on the UN Ocean Conference, a flurry of voluntary commitments and political declarations has injected fresh impetus into global efforts to conserve marine biodiversity. With the world’s oceans facing unprecedented threats, high-level biodiversity officials and negotiators are sounding the alarm and calling for renewed momentum–and funding–to deliver on…

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East Africa: Fake Graphic Claims Rwanda’s President Paul Kagame Warned About Foreign Funding Fuelling Chaos Across East Africa

East Africa: Fake Graphic Claims Rwanda’s President Paul Kagame Warned About Foreign Funding Fuelling Chaos Across East Africa

IN SHORT: A graphic circulating on social media in Kenya claims president Paul Kagame threatened civil society for receiving foreign funding to stir chaos in Rwanda, Kenya and Tanzania. But the graphic is fake. A graphic attributing a quote to Rwanda’s president Paul Kagame is circulating social media in Kenya. In the graphic Kagame hints…

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