African startups are grappling with considerable liquidity risks due to a lack of follow-on capital which threatens their long-term survival. The Managing General Partner of SOSV, an American venture capital firm focused on early-stage investments, Sean O’Sullivan, stated this on Monday at the ongoing GITEX Global in the United Arab Emirates. Follow-on capital refers to
Check Also
Popular Lagos-based musician, Mukaila Senwele, is dead
A Lagos-based musician of Ilorin origin, Mukaila Senwele, famed for his iconic phrase “Koni Da …