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Top startup events in South Africa, Africa you should know about this week [24/11/2019]

The year is almost over, but there are still plenty of events for those in Africa’s tech startup sector to attend. On Thursday (28 November) edtech incubator Injini will hold a panel discussion and pitch competition at V&A Waterfront in Cape Town. In Johannesburg the Southern Africa Startup Awards grand …

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Ghana’s Innovation and Startup Culture Thriving

ACCRA – Ghana is regarded as a West African hub of invention, with growing numbers of young people looking at local solutions to local problems.  In December, Ghana is hosting two conferences on innovation and technology. Alhassan Baba Muniru, co-founder of the Recycle Up company, wants to clean up the …

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Africa: How to Close the $42 Billion Financing Gap Women Face

In African cultures, women play a nurturing role, they are the backbone of the continent. Yet, they face a $42 billion-dollar financing gap with over 3/4 of them being financially excluded. As a result of this systemic discrimination against women, access to financial services disproportionately favours men. For instance, in …

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Samasource raises $14.8M for global AI data biz driven from Africa

AI training data provider Samasource has raised a $14.8 million Series A funding round led by Ridge Ventures. The San Francisco-headquartered company delivers Fortune 100 companies with the inputs they need for machine learning development in fields including autonomous transportation, e-commerce and communications and media. It does so with a global work force of …

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Entrepreneurs, small business crucial to driving economic growth

ntrepreneurs and the businesses they establish underpin any well-functioning country in today’s dynamic, fluid and ever-evolving world, says finance institution Investec banking and principal investments head Nick Riley. He describes small businesses as “the lifeblood of an economy”. In speaking to Engineering News Online ahead of the Southern African Venture Capital and Private …

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Action plan required for economic growth

Despite a challenging economic landscape, South African small and medium enterprise (SME) owners remain positive about the potential for achieving future business growth. High levels of uncertainty about the fiscal framework and a lack of clarity around economic policies contribute to a general lack of confidence in the role of …

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