Funding for African tech startups continued to flow in 2020 despite pressures from Covid-19, dashing fears that the pandemic would ravage investment, new report finds.
5 start-up hubs to watch – beyond Silicon Valley
Kenya is deemed to be one of the more attractive emerging markets for early 5G deployment, and the government also has ambitious plans to create a so-called Silicon Savannah, which it hopes will generate 2% of GDP within a decade. There is, however, some room for improvement; Kenya’s labour laws are not always well-suited to serving start-ups, and there is a lack of start-up-specific policies around founding and funding.
Power of the values of leadership
Ada Lovelace: The first computer programmer
Ada Lovelace, the daughter of Lord Byron is the first programmer, and foremost woman in the field.‘. That’s is where Ada Labs, one of our portfolio companies gets it’s name and traditions.
Kenyan sisters support health workers during pandemic
International Finance Corporation (IFC)
International Finance Corporation: Creating Markets, Creating Opportunities
Why Africa is rising as a bigger player in the global economy.
“Countries without those traits will have to set themselves apart either through uncommon resources or location, or an extra-friendly regulatory framework.”
Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent.
TradeDepot’s $10 million addition.
Sokowatch: Goods & Services at the tap of a button
This is an initiative at Sokowatch to ensure East Africa’s wananchi have secure access to essential foodstuffs during this exceptional period of subdued economic activity due to social distancing measures. They are currently looking to work with both private and public stakeholders in ensuring friction free transfers to beneficiaries. Please consider future bonuses of your staff through this tool which ensures the money is used for food and not anything else by the beneficiary or intermediaries.
