Fundraising has become the defining challenge for Africa’s investment industry in 2025, with a record number of fund managers chasing a shrinking pool of capital, according to Michael Famoroti, head of research at Stears.
He stated this while speaking at the Lagos Venture Finance Summit, noting
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
