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Lagos is set to overtake Nairobi as Africa’s startup capital
But over the past year, Lagos’ claim as the continent’s startup epicenter has gained currency. For starters, it’s the continent’s most valuable ecosystem with its startups typically raising far more in early-stage funding. It’s also home to e-commerce heavyweights such as Jumia and Konga and has birthed some of the continent’s best known startups including Andela, iROKO and Flutterwave which have all attracted major global investor interest.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Flipkart leans on fintech for profitability, says Bansal
Flipkart group chairman Sachin Bansal said the company’s focus on financial technology solutions will help drive the platform towards profitability.
- Categories
- Finance, Technology
- Region
- South Asia
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Singapore social startups build a niche market in India
In the last few years, a number of social Singapore origin startups have been building a niche market in India.
- Region
- South Asia
- Tags
- startups
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A startup disrupting the prescription drug business in Africa is getting major Silicon Valley support
MPharma manages prescription drug inventory for pharmacies and their suppliers in four African countries. It provides inventory financing to clients and is using its growing purchasing power to help lower the cost of prescription drugs for patients.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- startups
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Press release: Shortlist to Acquire Spire Education to Enhance Talent Service Offerings in East Africa
“We’re thrilled to join forces with Spire, a move that will supercharge our joint capacity to support talent-forward companies in Kenya and beyond,” says Paul Breloff, co-founder and CEO of Shortlist.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
- Tags
- employment, startups
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Press release: 20 Top African Start-Ups Enter World Bank Group Digital Acceleration Program
Selected from a pool of over 900 applicants, these start-ups specialize in digital solutions for the African market, including fin-tech, transportation, health care, education, human resources, and B2B. All companies provide a digital product or service currently available in one or more African markets and show potential to scale across the region.
- Categories
- Investing
- Region
- Latin America
- Tags
- accelerators, startups
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Press release: Village Capital, PayPal launch African fintech investment readiness program
Global venture capital (VC) firm Village Capital has collaborated with US payment platform PayPal to launch a three-month investment readiness program, Village Capital Fintech Africa 2018.
- Region
- Sub-Saharan Africa
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Africa’s e-health start-ups rise, but not all are mobile-first based
Kenya, Nigeria and South Africa are early hotspots for e-health entrepreneurs, but research shows a rise in start-ups with substantial communities of e-health innovators emerging in Uganda, Ghana, Egypt and Senegal.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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