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South African crowd-solving startup Zindi building a community of data scientists and using AI to solve real world problems

South Africa-based crowd-solving startup, Zindi is using AI to solve real-world problems for companies and individuals. The startup has done that over the last three years they have been in existence.
Just last year a team of data scientists under Zindi used machine learning to improve air quality monitoring in Kampala as another group helped Zimnat, an insurance company in Zimbabwe, predict customer behavior — especially on who was likely to leave and the possible interventions that would make them stay. Zimnat was able to retain its customers by offering custom-made services to those who would have otherwise discontinued.

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Kenya’s MarketForce expanding to 5 more markets via Cellulant partnership

December 9, 2021

Kenyan retail-tech startup MarketForce is expanding into five further markets and targeting one million merchants after securing a partnership with fintech company Cellulant.  Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is a B2B retail marketplace that empowers informal merchants in Africa to source, order and pay for inventory digitally and conveniently, access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments.

CDPI Emerging Markets
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UAE’s GrubTech raises $13M in Series A funding round to underpin growth

December 9, 2021

GrubTech, a platform for restaurants and cloud kitchens, has raised a $13 million Series A investment. The funding was led by Addition, while other investors include BY Ventures and Hambro Perks Oryx Fund. GrubTech’s restaurant management system enables its customers to operate more efficiently as well as increase sales by operating multiple brands from a single location.

CDPI Emerging Markets
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Three-Quarters of Companies See AI/ML As Important Revenue Drivers: SambaNova Report

January 24, 2022

Do you miss those innocent days when every product announcement breathlessly reported the new system or feature was “AI-based”? If so, here’s a whiff of remembrance from AI infrastructure provider SambaNova Systems, who found that 78% of large companies rate AI and Machine Learning as important revenue drivers. Yet even they have a curiously mixed attitude, citing (in their press release) a NewVantage Partners study that found only a quarter of top companies have scaled AI/ML across their organization.

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