Startups

OX Delivers: Flat Pack Trucks Driving African Trade Let me introduce you to OX Delivers, an ambitious and pioneering British startup that has made significant strides in the world of electric mobility. The brilliance behind their enterprise lies in their creation of the world’s first flat-pack electric truck tailored specifically for the unique challenges of the Global South. But what truly sets OX Delivers apart is their novel "transport as a service" model—an idea that feels almost…

Imagine this: you are an aspiring entrepreneur in South Africa, armed with a groundbreaking idea but lacking the necessary funds to lift your dream off the ground. The quest to secure financing brings you face-to-face with a longstanding barrier—conventional banks. According to McKinsey, some banks hold onto antiquated requirements. They insist that SMEs must have an existing relationship, either through lending or transactional banking, to even think about funding. Inevitably, this leaves newly minted businesses out in…

The Buzz Around the World’s Leading Technology Hubs Imagine a map, glowing with dots of innovation—each flare a testament to human creativity and ambition. This report takes you on a tour of the top 40 global hubs that stand as beacons of innovation, entrepreneurship, and technological transformation. Have you ever paused to think about how a single idea can disrupt whole industries and change how we live? Let us delve into the heart of the top 10 cities that dominate this…

Imagine a continent bustling with untapped potential, yet lagging behind in the race toward economic and innovative leaps. Africa stands at the crossroads of immense promise and a stark educational reality. On one side, there is a readiness to contribute significantly to global growth and technological advancement. On the other, an unsettling absence of world-renowned STEM universities raises pressing questions. Are African graduates prepared for the competitive and ever-evolving job market? Or are…

Mariam Mohamed is the brilliant mind behind Hoyo, one of the lucky dozen startups chosen for 2024 microgrants awarded by the benevolent Market Entry Fund. You might have bumped into her on October 1, 2024, bustling around Hoyo's hustle-and-bustle Bloomington spot. Cheers to Dymanh Chhoun and Sahan Journal for shining a spotlight on this! In Somali language, "Hoyo" translates to the word “mother.” Back in 2015, the Mohamed sisters, including Mariam, Halima, and Asha, thought of a grand plan. They decided to put Somali…