African startup money hasn't fled, it has concentrated
The total raised by African startups is holding. The number of deals fell from 252 to 146. It is that second figure that changes what I would do on Monday morning.
Topic
Funding
Becoming fundable before looking for money. Kept books, a transaction history, a readable file: these pieces are about what a funder actually looks at — bank, stock exchange, fund — rather than the story of the round.
4 articles
Your mobile money history has become an asset
In Togo, interoperability has made getting paid easy. The real risk has moved elsewhere: into the mess of your statements, and into what they will fail to say about you.
Two billion divided by fifteen Togolese start-ups
Fifteen Togolese start-ups, two billion CFA francs, one hundred jobs. I did the division, without mockery. What it shows is not a failure, but the only question that really matters.
Becoming fundable before you even look for money
A Nigerian saver can buy a piece of Africa's largest refinery for four dollars. Here, savings exist too. What is missing are the cases that are ready.