Recently, Africa has become one of the most attractive markets and incubators for startups. It is believed that in 2018 alone, startup investment in Africa jumped to record levels as African startups raised a record $725.6 million across 458 deals.
However, it is also believed that African startups are more likely to fail than succeed. This has become a fact as many high profile startups have failed. So, why do African startups fail? On this episode of #NCDebrief, Vimbai, alongside our expert guests try to flag the reasons why African startups fail.
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