Tuesday, November 12, 2013

How African tech startups are powering the continent's rapidly growing economies

(Reuters) - When Abasiama Idaresit started a digital marketing firm in Nigeria's bustling economic capital three years ago, he quickly learned how brutal life can be in a market where tech startups are in their infancy.

No-one would lend him money to hire staff or pay for office space, so Idaresit spent 8 months hustling the streets of Lagos, trying to convince clients his plan to help them develop online campaigns was a winner.

"During those first 8 months, I didn't make a dime - I

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