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According to Dario Giuliani , the firm’s director, the research organisation avoided using geography to define an African startup due to factors contributing to business identities like taxation, customers, IP, and management team. . “When these companies evolve to go global, we still count them as African companies.”
This will put at risk decades of human development progress in densely populated coastal zones which are home to one in seven people in the world, says Pedro Conceio, director of the United Nations Development Programmes Human Development Report Office.
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