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Is the race for unicorns, a rightful race for African tech startups?
- March 2, 2021
- Posted by: Alaae Sbai
- Category: Africa, Economics, Technology
No CommentsWith a valuation of around $1 billion at IPO, Jumia’s listing in 2019 in the New York Stock Exchange has confirmed Africa’s first ‘now failed’ unicorn. The term ‘’unicorn’’ was coined in 2013 by Aileen Lee, a Silicon Valley venture capitalist, to describe a privately held, fast-growing startup. In detail, a unicorn refers to a
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Why it’s prime time now to invest in Egypt: A start-up’s take
- September 17, 2014
- Posted by: Mohamed ZIN EL ABIDINE
- Category: North Africa
“Be fearful when others are greedy and greedy when others are fearful”, Warren Buffet’s sound business advice for picking good stock might apply perfectly in the case of a start-up looking to expand internationally. When scouting for a location for its 2nd African office, Infomineo settled, rather quickly, on Egypt as a logical choice to