Finance

Ola Oyetayo threw in his safe and secure accountant’s job in the City of London to take a chance on the risky and expensive business of transferring money back home to Africa. At last, a lightbulb moment with a difference. You’ve all heard how hundreds of entrepreneurs had their epiphanies in gyms, coffee shops and their mother’s back garden; then they grabbed a pen and paper to sketch out the […]

Entrepreneurs, business leaders, and investors are increasingly questioning whether the traditional traditional venture capital (VC) model – largely imported from the United States and Europe – is optimal in a specifically African context. By 2019, VC funding in Africa had soared to over $2bn – with funding reaching a record high of $5.2bn in 2022, partly driven by the environment of ultra-low interest rates that freed up cheap capital for […]