Where did the $100k cheques go? Inside the exit drought paralysing early-stage African tech
TechCabal | 21.09.2026 17:08
The number of African startups raising between $100,000 and $1 million has fallen by almost half over the past six months. Husein Merchant, who leads Village Capital’s regional operations, has a straightforward explanation: there have not been enough exits to show investors that those cheques work.
