Officials argued that Koko’s massive credit issuance would “mop up” too much of Kenya’s national emissions quota, leaving little room for other sectors.
By the time Abuja-based founders start looking for their first serious debt facility, many have already spent months hearing versions of the same answer.
Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.
In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain
Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.
Officials argued that Koko’s massive credit issuance would “mop up” too much of Kenya’s national emissions quota, leaving little room for other sectors.
By the time Abuja-based founders start looking for their first serious debt facility, many have already spent months hearing versions of the same answer.
