What a Seed Round Actually Buys You in Lagos, Nairobi and Douala
The same headline figure means three different things depending on where you spend it. Salaries, cloud bills and currency risk do most of the work.
Fundraising news, founder profiles, accelerator programmes, and the money moving through African tech. The rounds that close and the ones that quietly fall apart.
The same headline figure means three different things depending on where you spend it. Salaries, cloud bills and currency risk do most of the work.
The gap between a seed round and a Series A is where most companies on the continent stop. The reasons are structural more often than they are about the product.
Douala and Yaoundé rarely appear in continental funding round-ups. A handful of funds have started looking anyway, and their reasoning is not sentimental.
Logistics software, payroll, compliance tooling and B2B invoicing do not make good launch posts. They make good companies.