Small and medium scale enterprises in Africa receive about $70bn of credit each year. But the International Finance Corporation estimates that the gap exceeds $300bn. Why does the gap exist? Michael Famoroti, chief economist at Stears gave two reasons during a recent TechCabal Live event on financing renewable energy companies in Africa. First, there is […]
The post Banks don’t fund African renewable energy startups. So where can founders find money? appeared first on TechCabal.
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Banks don’t fund African renewable energy startups. So where can founders find money?
