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Top African companies 2023: Y Combinator's game-changing startups in Africa
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Since its establishment in 2005, Y Combinator has been empowering entrepreneurs across the globe by providing seed funding, mentorship, and resources to startups. With a strong focus on Africa, the US-based accelerator has helped fund and develop several successful African companies that are now household names.
Y Combinator has released its 2023 Top Companies List, which categorizes the top companies into Private, Public, Exits, and Breakthrough categories, listing and ranking them by valuation. The Top Private list includes 294 companies, all of which are valued at over $150 million, with more than 90 worth more than $1 billion. Among the top private African companies that Y Combinator has nurtured are Flutterwave, Wave, Instabug, Breadfast, Reliance Health, 54Gene, Kobo360, Nomba, and Yassir. These companies operate in various sectors, including fintech, healthcare, genomics research, and logistics, among others.
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