SA Startup CatalyzU is on a Mission to Drive African Startups’ Growth; Applications Close 29 October
- The total funding raised by African founders in the first half of 2023 is down more than 50% compared to the same period in 2022.
- Founders looking to raise should focus on building a strong network in the VC ecosystem and upskilling their venture skillsets and teams.
- CatalyzU has launched three new experiential fellowships in the Venture Capital and Startup sphere to assist founders and aspiring VCs.
The decrease in funding for African founders is concerning and indicates a challenging environment for startups. However, the launch of the fellowships by CatalyzU provides a valuable opportunity for founders and aspiring VCs to enhance their skills and network, which could potentially help them overcome the funding challenges. It is important for entrepreneurs to take advantage of such programs to stay competitive in the VC ecosystem.
