A major concern for many African tech startups is fundraising, but should investors bring more than just cash to the table? “In some cases, investors are silent partners, only investing money and expecting that the money is well managed as evidenced in monthly or quarterly reports. These kind of investors are those sought by Farmcrowdy, which secured a US$1 million seed funding round in December of last year. “Investors that provide more than money should be the focus of an early stage startup in my opinion. The mentality of the investor towards the startup, and how active they are in supporting it, is also important.

Source: The North Africa Journal May 24, 2018 06:00 UTC