Over the past few years, major tech companies like Facebook, Google, Microsoft and Alibaba have been providing solutions to bridge the skills gap in the region. But while there is a huge attempt to transform their lives, African women in tech struggle to enter the industry. A few local firms are determined to bridge the…
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3 Fin-tech Startups in Africa
Financial technology, or fintech, refers to innovations aimed at new ways of delivering financial services. With the goal of changing lives, fintech startups in Africa are moving people forward on a digital route. Fortunately, such firms have no lack of funding. According to a recent report from Disrupt Africa, the overall funding from venture capitalists jumped…
Credit Access in Nigeria
Nigeria is a business-oriented economy, with an estimated 37 million micro, small and medium-sized companies (MSMEs). The entrepreneurial economy contributes roughly 48 percent of the country’s gross domestic product and employs over 60 million people, making Nigeria the largest economy in the sub-Saharan region. Although these numbers look promising, few businesses are successful in obtaining loans…
HydroIQ Intends to Solve Africa’s Water Problem
To address Africa’s water problem, tech startups like HydroIQ are stepping in to digitize the water accessibility and billing system for consumers. According to the U.N., two-thirds of the world’s population could be living in water-stressed conditions by 2025, and the majority of these people will be in sub-Saharan Africa. The African region already faces constant problems due to…