At least four notable homegrown tech start-ups have shut their doors this year, extending a trend since 2021 and shining a spotlight on the biting woes that the newbies continue to face.
The survival threats, which encompass factors such as financing deficits, sharp talent rivalry from multinational tech giants as well as a tough economic environment, have been cited by sector players as hurting the country’s much-publicised Silicon Savannah dream.
