Why global venture capital is bypassing Tanzanian start-ups
Start-ups across Africa last month secured $343 million from investment deals exceeding $100,000 in what was the second-highest April funding month ever recorded. PHOTO | FILE
Dar es Salaam. Africa’s start-up ecosystem roared back into life last month. Start-ups across the continent secured $343 million from investment deals exceeding $100,000 in what is now being described as the second-highest April funding month ever recorded — eclipsed only by the boom of April 2022.
Yet, amid this continental comeback, Tanzania was nowhere to be found.
