What Defines An African Startup? + The Week's Biggest News

Published: Aug. 31, 2015, 6:53 a.m.

b"Back in Episode 3 of the African Tech Round-up we asked the question: \\u201cWhat is a startup?\\u201d A lively discussion ensued\\u2014 inspired by an eloquent piece written by David Adamo Jr, a Nigerian Computer Science PhD student at the University of North Texas. \\n\\nSince then, the highly-opinionated founder of Hotels.ng, Mark Essien, and Project Isizwe CEO, Alan Knott-Craig Jr, have both since penned articles (When Startups In Nigeria Suddenly Got Serious and Venture Capital In Africa Is Hard) which contribute to answering a more pointed question we\\u2019re asking in this week\\u2019s show: \\u201cWhat defines an African startup?\\u201d\\n\\nCan African tech startups be defined in the same terms as those currently being born and raised in Silicon Valley? Are there certain universal standards (i.e. minimum levels of traction in the form user on-boarding, cashflow, etc) that must be met in order for a business owner to claim the coveted title of \\u201cstartup founder\\u201d? \\n\\nTefo Mohapi and Andile Masuku's discussion this week adds to a debate that we hope everyone in Africa\\u2019s tech eco-system will continue to jump in on.\\n\\nAlso, catch up on all the week\\u2019s biggest tech, digital and innovation news from across Africa:\\n\\n-- Safaricom poised to start charging banks for bank-to M-Pesa transfers,\\n-- Google Transit launches in Kenya and attempts to aid users of public transport,\\n-- Nest VC establishes a presence in South Africa through a partnership with Cape Town Garage,\\n-- Android One\\u2019s Infinix Hot 2 smartphone selling like hotcakes in Nigeria,\\n-- Google announces that they have reached a 10 million user milestone in Nigeria,\\n-- South African mobile network, Cell C, discontinues free WhatsApp promotion, and \\n-- South African airline FlySafair server crash following slash price ticket campaign.\\n\\nMusic Credits:\\nMusic by Kevin MacLeod (incompetech.com)\\nMusic licensed under Creative Commons: By Attribution 3.0\\ncreativecommons.org/licenses/by/3.0/"