African startups risk losing investors by targeting $1 million pre-seed rounds—Sidebrief COO

NAIRAMETRICS | 06-09-2026 02:57pm |

The Chief Operating Officer of Sidebrief has advised African startups to set more realistic fundraising targets for pre-seed rounds instead of aiming for $1 million. He emphasized the importance of securing initial investor commitments to build momentum. The advice comes as startups face challenges in attracting investors amid a competitive funding environment.

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