✦ The importance of local funding ...Middle East

Hi Quartz Africa members!As African startups took off over the past decade, local entrepreneurs were able to innovate their way past problems facing the continent, often more quickly than legacy companies. That innovation requires a significant amount of capital. So western venture capitalists—buoyed by low interest rates and fear of missing out on the next big thing—bought in at a frenetic pace, alongside investors from Asia and the Middle East.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

Hence then, the article about the importance of local funding was published today ( Wednesday 30/03/2022 - 10:57 AM ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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