👨🏿🚀 TC Daily — Make VC cool again
- Amazon's Project Kuiper plans to hire locally and build ground stations across Africa.
- The satellite company partnered with Vodacom in 2023 to launch a pilot in South Africa.
- Nigeria's government is investing directly in startups for the first time, with Ventures Platform as the first beneficiary.
The recent developments in Africa's tech landscape, particularly with government investments and the growth of local startups, indicate a promising shift towards self-sustainability in the tech ecosystem. However, the challenge remains in ensuring that these investments translate into tangible benefits for the broader economy and do not merely serve as a temporary boost.
