Author: MGSN

(Bloomberg) — The venture capital model honed and perfected in Silicon Valley is proving a bad fit for the clean tech industry, and investors should instead accept that they’ll need to commit much bigger sums of money for longer periods of time.Most Read from BloombergWhere the Wild Children’s Museums AreBillionaire Steve Cohen Wants NY to Expand Taxpayer-Backed FerryThe Economic Benefits of Paying Workers to MoveAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council PassesRead More

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In a bold move to advance the new U.S. commercial diplomacy strategy in Africa, U.S. technology firm Cybastion and a consortium of American tech companies unveiled the Digital Fast Track program, a sweeping digital infrastructure initiative aimed at accelerating Africa’s digital transformation and expanding U.S. business and investment across the continent.Read More

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