Startup shutdowns in Africa jumped 50 percent in 2025, erasing more than $52 million in previously raised capital, as a prolonged funding winter forced ruthless reckoning across the continent’s tech ecosystem, exposing weak unit economics, fragile operating models, and the limits of growth built o
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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.
