Re the title of this comment, that’s the headline I might have given this fascinating read from Tefo Mohapi, had I written it. In this piece for ITWebAfrica, Tefo gathers interesting perspectives on the socialist versus capitalist models of startup hubs in Africa. There is indeed a middle perspective, that both models are not mutually exclusive, so long as the social ends are served by sustainable (read profitable) operations.
Via a tweet from the World Bank Pubs account, the relevant stat nugget can be found in the foreword (page 9 of 211) to the Africa Development Indicators report, by Makhtar Diop, Vice President of The World Bank Group for the Africa region. Kenya & Nigeria account for 62% of Internet users in Sub-Sah http://t.co/KzR1zMdFZG […]
“Between Spleet and Fibre, we created this market. Fibre made a mistake in that they wanted to break things fast and like you know, they’ve slowed down drastically. At Spleet, it’s the other way around and we will slowly grow and try to adhere to the complexities of the market.”
A year after it raised a seed round of $3.1m, Nigerian Edtech platform uLesson founded by former Konga’s CEO Sim Shagaya, announced today that it has closed a $7.5m Series A round. uLesson, which was founded in 2019, is working on bridging the educational gaps for K-7 to K-12 students across Africa by delivering affordable, […]
In 2020, Tech Cabal ran a survey to find out which period apps were common in Africa; the focus was on Nigeria. The survey reached women at the peak of their reproductive life (between 18 and 35). It asked what they tracked with these apps and how much they cared about the privacy of the […]