Sunday, 22 June 2014

Investing in Africa: Hitting Highs and Lows on a Rapidly Developing Continent


"Let’s get one thing straight, some of the entrepreneurs I’ve encountered in Africa are among the best I’ve ever met. The fantastic DIY attitude and incredible amount of motivation are driving the developing continent faster than ever before. I’m intrigued by homegrown startups like BRCK, which is creating a router that can run without electricity, and Kopo Kopo, which is removing friction for SMEs in adopting mobile payments.

Unsurprisingly, IDC predicts investments in African tech will increase this year, with both public and private spending in the sector rising. 2014 holds the potential for African companies to continue along the road of rapid growth, yet there’s one element African entrepreneurs think is holding them back — funding...."



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