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Tag: Start-Up

Africa Business World 

Opinion: Can Africa’s startup sector keep up its record funding run amidst global turmoil?

Elwin Mandowa, , , , , ,
– – Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing economic and digital competitiveness. They improve access to products and solutions while significantly contributing to employment. In recent years, amid global economic volatility and uncertainty, Africa’s startup ecosystem has shown continued growth, attracting record… Read More
Africa Business World 

Applications open for Africa’s best corporate-startup collaboration accelerator

Elwin Mandowa, , , , ,
– – Technology sectors such as FinTech, InsureTech, AgriTech, eCommerce, HealthTech, and CleanTech are not only solving some of Africa’s most pressing problems, they are also contributing significantly to the continent’s economy. In fact, the so-called Internet economy is set to reach 5.2% of gross domestic product (GDP) by 2025, contributing about $180-billion to the African economy. To develop the… Read More
Africa Business World 

Workshop 17 Wins Global Startup Award

Elwin Mandowa, , , , , ,
– – The winners of the 2019 season of the Global Startup Awards (GSA) have been announced at the Global Grand Finale Day. Bringing home an Award to Africa was Workshop17, which scooped Best Coworking Space in the world’s largest independent startup ecosystem competition. On outshining the other finalists from around the world, Paul Keursten, Co-Founder and CEO of Workshop17… Read More
Africa Business Cameroon World 

Jumia is shutting down in parts of Africa in portfolio review

Village Reporter, , , , ,
Online retailer Jumia Technologies has announced the shutting down of its portfolio in Tanzania. The company announced this decision weeks after shutting its office and operations in Cameroon. Widely regarded as “the Amazon of Africa,” the company said in a statement on Thursday that “As part of our ongoing portfolio optimisation effort, Jumia has come to the difficult decision to cease… Read More