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11 African startups to watch out for in 2022 - Vimarsana News

11 African startups to watch out for in 2022

The Africa startup ecosystem came full circle last year, here are the 11 startups you should watch out for in 2022.

Ghanaian fintech Float raises $17M seed to power cash flow for commerce in Africa – TechCrunch - Vimarsana News

Ghanaian fintech Float raises $17M seed to power cash flow for commerce in Africa – TechCrunch

Cash flow is a major pain point for small businesses in Africa. Long payment cycles, which can take 30-90 days after services or products have been rendered, and little or no capital, of which research says 85% of African small and medium businesses are subject to, are the main culprits of cash flow issues. Many […]

Float wants to provide liquidity to African SMBs in a way never done before – TechCrunch - Vimarsana News

Float wants to provide liquidity to African SMBs in a way never done before – TechCrunch

According to research, 85% of African SMBs have zero access to financing, and each day, African SMBs have billions locked up in receivables due to long payment cycles. This leads to cash flow problems that cause businesses to be late on important expenses and fulfilment of new orders. Jesse Ghansah and his co-founder Barima Effah […]