That is according to Wimbart, an award-winning PR agency specialising in business and technology sectors across Africa, which has released its second annual report – “Startup Performance Reporting in Africa: Aligning Startup and Investor Expectations. This disconnect creates ongoing challenges for investor confidence and highlights a gap between what founders report and what investors find valuable. “This year’s report takes a step forward by incorporating the voices of startup founders, opening up the dialogue. To address these gaps, the report outlines key recommendations to improve investor-startup relationships, including:Investors to communicate reporting requirements, cadence and expectations to founders; provide templates to help founders meet reporting expectations. To access the inaugural Investor Comms Report: “Startup Performance Reporting in Africa 2023”, click here.

Source: The North Africa Journal October 11, 2024 12:19 UTC