Nigerian startups face funding gap between seed and growth stages – Sage Grey MD warns

The Managing Director of Sage Grey has warned that Nigerian startups face a funding gap between early-stage investments and the larger capital required to scale. According to the MD, investors are often willing to provide seed funding but hesitate to commit the substantial amounts needed for growth. This gap poses a challenge for startups seeking to expand their operations. The warning highlights a structural issue in the country's startup financing ecosystem.

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