In Focus: The Catalyst Fund’s $1.8M boost to spark African climatetech startups
- Africa is the poorest continent per capita despite its resources and potential workforce.
- African startups receive only 0.2% of international investment inflow.
- International investors are recognizing the potential of African startups in driving economic success through climate tech solutions.
The lack of investment in African startups is a significant barrier to economic growth and development. However, the recognition and support from international investors in climate tech solutions provide hope for the continent's future. It is crucial for both public and private sectors to address the hurdles faced by African startups and create an enabling environment for their success.
