What’s Ailing Start-up Tech Firms in Africa?

By Anzetse Were , Senior Economist and Green Finance Advisor at FSD Kenya Recently headlines in Africa have been filled with African tech companies announcing that they are closing, filing for bankruptcy, entering into administration, implementing massive lay-offs and/or substantially cutting back their operations. Most of these companies were once regarded as a new dawn of entrepreneurship from the continent and examples of African companies that would not only become leaders in Africa, but al