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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

In fact, even some of the excesses of 2021 were eclipsed when the number of investments on the continent rose higher in 2022 than they had a year earlier, boosted by early-stage firms flocking to fund startups in the wake of landmark exits of homegrown companies like Jumia and Paystack. How does this affect the investment landscape?

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ACA Visits DC to Advocate for 1202, Accredited Investor Definition

Angel Capital Association

ACA has been the driving force behind the legislation because it serves as a catalyst for investment and innovation within the Angel community. In addition to Section 1202, the group also urged legislators to protect financial thresholds in the current definition while also opening up measures of sophistication with additional entryways.

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Tiger Global backs fintech CreditBook in first Pakistan investment

TechCrunch

This is the New York-headquartered firm’s first investment in Pakistan. This is also Firstminute Capital’s first investment in the South Asian market. Digital bookkeeping is the startup’s marquee offering today, but Jamall said CreditBook is working on building and testing financial products on top of it.

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Pittsburgh’s AI expertise may give rise to an already growing startup market

TechCrunch

Having local expertise in the category every VC wants to invest in right now doesn’t hurt, either. And while the data is not consistently trending up and to the right — there was a huge outlier deal (Uber Advanced Technologies) in 2019 that spiked the yearly investment total to $1.3

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Budding entrepreneurs receive a head start with startup education scholarships

NZ Entrepreneur

In addition to receiving immediate help navigating the tricky process of turning an idea into a feasible business model, upon completing the programme the budding entrepreneurs stand to be connected with local startup hubs and accelerator programmes for follow-on assistance and investment should they require it.

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The Silicon Valley Bank Crisis: Resources and Information

Angel Capital Association

The move should restore confidence and keep startups solvent and their employees employed, but there likely will be some longer-lasting psychological effects relating to capital risk that we should all be on the lookout for. Roughly $151 billion of those deposits were uninsured.”

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500 Global spreads its wings across the Caucasus and Eastern Europe, via Tbilisi

TechCrunch

However, it’s in Eastern Europe that — I think, at least — that accelerators have their best effect in markets where where the tech startup ecosystem barely exists, if at all. The latter has made investements such in Greece (Plum), Latvia (Printify), and Bulgaria (Cloudpipes). Of course, “your mileage may vary.”