Tizeti to List on NGX, Plans IPO to Raise Capital Amid VC Slowdown
- Tizeti plans to list on the Nigerian Exchange (NGX).
- The IPO will allow Tizeti to raise capital from a broader base of investors.
- The company aims to sidestep challenges of delivering VC-level returns.
Tizeti's upcoming IPO is a promising development for the Nigerian startup ecosystem, as it could inspire other local companies to consider listing domestically rather than seeking foreign exchanges. However, the challenges faced by previous African startups on international markets highlight the need for careful planning and strategy in fundraising efforts.
