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Companies need to be creative and find new business models to take advantage of the shifting makeup of their operating countries’ populations. Over the next five years, some African economies (Ethiopia, Mozambique and Tanzania, just to name a few) are likely to grow as fast as, or faster, than some of the recent Asian champions.
Alliy is managing partner of the Savannah Fund , a $10 million fund that will soon begin investing in technology startups in East Africa, including Rwanda, Tanzania, Uganda and Kenya. Operating as an accelerator, starting in September it will recruit two classes of five startups per year. A Different Valley Culture.
And it was really cool to see a company from Tanzania. Next Taha Jiwaji of Dar es Salaam, Tanzania, gave us an interesting snapshot of some opportunities opening up in Africa. With no other job portal operating in Africa so far, I suggested that could be a separate venture for him to explore. Don't spray and pray! Bongo Live!
Alliy is managing partner of the Savannah Fund , a $10 million fund that will soon begin investing in technology startups in East Africa, including Rwanda, Tanzania, Uganda and Kenya. Operating as an accelerator, starting in September it will recruit two classes of five startups per year.
He was joking, of course—your employees aren’t a bunch of animals struggling for survival at a watering hole in Tanzania—but they sure will act like it sometimes. As I got busy running my businesses, I forgot all about Serengeti Management—for a while. After all, I was entrusting my precious business to them.
Alliy is managing partner of the Savannah Fund , a $10 million fund that will soon begin investing in technology startups in East Africa, including Rwanda, Tanzania, Uganda and Kenya. Operating as an accelerator, starting in September it will recruit two classes of five startups per year. A Different Valley Culture.
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It is being impacted by the growth in mobile network operators and mobile payment platforms, not classified as deposit-taking institutions, who are acting as banking agents. In Kenya and Tanzania, over 25 million people use the M-Pesa mobile payments platform, operated by Safaricom and Vodacom, with money sent via text message.
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