Local AI startups take aim at US market
The weak rand means local startups can turbo-boost earnings servicing clients overseas.
Last year, UCT created six spin-off companies, the highest number in any single year to date.
Black founders face a “trust deficit”, meaning they often have to work harder to convince everyone from investors, clients and potential employees to take a chance on them.
Local healthcare startup Welo lowers medical costs by linking companies with nurses and doctors that offer home care.
Getting a startup off the ground is a daunting task, particularly in far-flung towns.
Foreign investors want to invest in South African tech, but not in South Africa.
Founding a startup is tough, rewarding, and, in some cases, lucrative. But at what cost?
It’s tough doing business in Africa.
