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For tech to develop in emerging economies, the first obstacle is trust

The Next Web

industry in Tanzania. Riding the wave of global awareness for the need to stay competitive, Tanzania has taken some positive steps forwards, including government investments in a fibreoptic backbone as well as strategic initiatives around promoting start-ups. In one word, that issue is trust.

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Traveling the world, meeting startups: What We learned

The Next Web

Governments supportive of technology. In Africa in particular governments are very involved in promoting technology and see it as a future industry that will kick start the economy. In both Rwanda and Tanzania ministers for technology spoke about how they see technology as the future for their the economic wealth of their country.

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10 Amazing Microfinance Success Stories

YoungUpstarts

Reuben Mpunda, Tanzania. In two years she has hired eight full-time employees, secured lucrative government contracts, and is able to support seven households besides her own in Amman. Mpunda had struggled for 10 years working at a hotel, a brewery, and a ruby mine. She is even mulling a run for office in the gas providers’ union.

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Bankless Banking Is Ready For Its Close-Up

YoungUpstarts

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. Expectations rise, then, faster than governments can deliver.”.

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Out of the Crisis #21: Tomas Pueyo on the hammer and the dance, political polarization, and how the pandemic will affect the way we live and work

Startup Lessons Learned

And then, once that curve is low enough, governments can dance, testing and tracking cases until the virus is eradicated or we develop a working vaccine. They didn't have experience buying bulk from the government things like masks or ventilators." And you don't even need the government to help you there. What did China do?