As YC retreats from Africa, alumni launch accelerators to fill the gap | TechCrunch

Image for article 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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