As YC retreats from Africa, alumni launch accelerators to fill the gap | TechCrunch
News Source : TechCrunch
News Summary
- Y Combinator made a splash in Africa in 2020 when it began to accept startups from the region into its cohorts
- These days YC is going after big problems in areas like manufacturing, defense and climate
- Yet in Africa, some are taking this as an opportunity
- Local accelerators — backed by none other than African YC alumni — are emerging
The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and began to accept startups from the region into its cohorts. The move was huge in th [+10162 chars]
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