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Pangea to unlock diaspora remittances as funding source for African startups

TechCrunch

Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. to $5B in 2021. While the amount of funding invested in startups in Africa has grown over the years, it is still negligible compared to the need.

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Korea’s Pangyo Techno Valley: A Pioneering Hub in the Global Robot Industry

AsiaTechDaily

to develop cooperative robots while Samsung has invested and cooperated with RainbowRobotics (CEO: Lee Jung-ho), which launched HUBO in April this year, the very first humanoid walking robot in Korea. Furthermore, in April 2023, both institutions achieved Series A funding with a focus on technology development.