Comment on African climate startups have a huge funding gap. Here’s what experts say

African climate startups have a huge funding gap. Here’s what experts say

The money raised by climate tech startups last year was more than a third of all funds raised by startups in Africa in 2023. When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today.

 

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