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3 industries being disrupted in developing countries

March 1, 2016 - Uncategorized

TO GO WITH AFP STORY BY Phil HAZLEWOOD 
Motorists queue in a long traffic jam in Lagos on January 17, 2014. Workers in Lagos, Nigeria's commercial capital get up as early to travel to work, knowing that if they leave it any later the traffic will be gridlocked. Even so, it can still take them up to four hours to get to work and they then have to leave mid-afternoon to make the long trip home. So, at least eight hours a day or 40 hours a week, all spent in traffic jams in a car or a bus because there's no other option. AFP PHOTO/ PIUS UTOMI EKPEI        (Photo credit should read PIUS UTOMI EKPEI/AFP/Getty Images) Entrepreneurs in developing nations have redefined the words “bootstrapping” and “disruptive,” creating all kinds of businesses that solve major societal problems. These solutions affect hundreds, thousands and sometimes millions of people, and are often developed with few resources and scarce funding. For me, it’s impossible to think about these two (sometimes… Read More
Source: Tech Crunch – Startups

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