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African bluechips need to start corporate venture arms to invigorate startup funding

African bluechips need to start corporate venture arms to invigorate startup funding

An increasing number of African companies are competing in the global arena. Riding on the wave of growth that has buoyed African markets over the past two decades, companies such as MTN, SABMiller and Dangote Group have all expanded outside of Africa making flagship acquisitions from China to Poland. The Dangote Group has grown rapidly…