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Pangea to unlock diaspora remittances as funding source for African startups

TechCrunch

Norway’s Pangea Trust, through its equity crowdfunding platform Connect , is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Startups in Africa raised nearly $5 billion in funding last year but the amount remains meager when compared to the rest of the world. to $5B in 2021.