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Africa’s M...
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Africa’s Missing Middle: What Silicon Valley Bank Taught Us About Building Innovation Ecosystems

  • Silicon Valley Bank (SVB) played a transformative role in startup history by backing ideas in the messy middle phase when capital infrastructure was lacking.
  • Many startups in Africa face challenges due to a lack of financial support tailored for early-stage innovators.
  • SVB embedded itself in the venture ecosystem, understanding cap tables, nurturing relationships, and offering founder-friendly credit terms.
  • To support African innovation, local financial institutions need to align with regulators, offer innovative financial products, and believe in local startups.

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