Before we jump into things, we wanted to mention that our thoughts are with all those that have been affected by the earthquakes in Turkey and Syria. Please consider donating or supporting them in any way you can.
We hope you weren't thrown off by the new look of the Gazelle Rundown! The job market did well in January: 517,000 new roles were added, taking the unemployment rate down to a record-breaking low of 3.4% - which surprised many considering the current climate! And this is the best it's been since 1969. Did we get Summer of 69’ in your head? Hope so!
Ready to learn about the world's most innovative powerhouses and hotspots? Discover who's pushing the boundaries of innovation, growing the fastest, and how you can connect with them!
😎 Four Charts that Show African Tech’s Solid 2022 We've already reported on Africa's rapid economic growth over the next decade in past reports. And we like what we are seeing! Despite startups around the globe recording a significant decline in funding in 2022, Africa continued its upward trend with $4.8bn raised by the end of December. The struggling global economy has affected global startup funding badly, with a noticeable year-on-year decline of 55% in Q3 2022 compared to Q3 2021. However, African startups managed to sustain their upward trend as they accumulated more than $4.85bn by the end of December, a 4.75% increase from the same period last year. Read more
🔋 Electric Vehicle Outlook 2022 All eyes are on the EV market and everyone wants deals in this sector. The electric vehicle market opportunity between today and 2050 is a whopping $53 Trillion. This extensive report by BloombergNEF will help you with your research and knowledge. It goes into how electrification, shared mobility, autonomous driving and other factors will impact road transport in the coming decades. It looks at scenarios for how these trends will impact the automotive, oil, electricity, infrastructure, and battery materials markets, as well as CO2 emissions. Get it here
☁️ A Flying Motorbike Company Just Got Listed on the Nasdaq Here’s more news from the ever-growing and changing transport market. The Japanese company ALI Technologies has created the first ever flying bike, which looks like the land speeder from Star Wars. Heads up though, flying around in this thing will set you back a sweet $550,000. The XTURISMO flying bike made its U.S. debut in Detroit at the North American Auto Show. Aerwins also sells drones, as well as drone software and cloud solutions. It looks like part speed boat, race car, and motorbike. See it here
BIG NEWS OF THE WEEK
Our subscribers have spoken and we're over the moon about our latest G2 badges. G2 is the largest peer-to-peer review platform in the world. So getting this recognition from our clients means the world to us! Thank you & we love you to the moon and back!
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