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Nairobi: East Africa’s Startup Hub

When I asked Mbwana Alliy last month why he founded the Savannah Fund in Nairobi, he had a simple answer—it is East Africa’s technology hub. As part of PDE’s look at Africa I began last week, we focus today on Kenya.

[More]
Jonathan Ortmans
on April 15, 2013
Category:  Global 
Startup Fever Heats Up in Africa

I report this week from Africa which is enjoying its greatest economic success in decades and where there has never been a better time to be an entrepreneur. With economic growth rates this year around 6 percent in one-third of the 49 sub-Saharan African countries, the IMF forecasts that Africa will have the fastest-growing economy of any continent over the next five years. The World Bank in turn has reported earlier this month that more than 20 sub-Saharan African countries, encompassing more than 400 million people, have gained middle-income status, while the number of people living in poverty is down by roughly 10 percentage points over the past decade.

[More]
Jonathan Ortmans
on October 22, 2012
Category:  Global 
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