Africa’s tech ecosystem is undergoing a major shift as debt financing surpasses $1 billion in 2025, emerging from the shadows of equity to challenge traditional venture capital, according to data from Briter Intelligence.
For years, equity-dominated startup fundraising, particularly during the
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Royal Ibeh
Royal Ibeh is a senior journalist with years of experience reporting on Nigeria’s technology and health sectors. She currently covers the Technology and Health beats for BusinessDay newspaper, where she writes in-depth stories on digital innovation, telecom infrastructure, healthcare systems, and public health policies.
