The African startup ecosystem continues to attract a lot of venture capitalist attention. Yet the continent has not produced a lot of exits to justify. However, a recent trend in mergers and acquisitions (M&As) in different parts of Africa is changing things.
The African tech explosion hasn’t happened, but it is happening.
Some US startups just would not survive in Nigeria
Shapeymix, is a 2D/3D jigsaw puzzle app which lets you match Nigerian states to their correct borders by dragging and dropping.
Eight successful startups, who specialize in health tech and (or) wearable businesses will be invited to Hong Kong for the 12 week programme.
Three African startups are to win a combined amount of US$150,000 in the fifth edition of the Innovation prize for Africa organized by the African Innovation Foundation.