Last week’s virtual Africa Tech Summit Connects event brought together a host of African tech investors to discuss trends, challenges and opportunities in the wake of COVID-19, and all agreed that the way they do business has been altered by the pandemic.
For those that wanted to continue investing throughout and could not carry out physical due diligence, there was a need to adapt. Ashley Lewis, senior investment officer focused on the Africa region with Accion Venture Lab, said her organisation did its first fully digital due diligence process in May.