Poor investor relations cited for start-up funding hitch in Africa

Kenya’s diaspora remittances have continued to grow with projections indicating a new record high for 2023. FILE PHOTO | POOL

African start-ups are finding it difficult to raise capital due to their lack of effective investor relations, according to a new report that has highlighted the critical role of engaging and communicating with institutions and wealthy individuals.

Investor relations is a strategic responsibility whereby organisations manage communications between their executive leadership and the financial community.

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