gT4rH
gT4rH
gT4rH
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Start-up Funding in Africa - Let's take a step back &<br />
talk Market Efficiency<br />
“Every morning in Africa, a gazelle wakes up.<br />
It knows it must run faster than the fastest lion or it will be killed.<br />
Every morning a lion wakes up.<br />
It knows it must outrun the slowest gazelle or it will starve to death.<br />
It doesn't matter whether you are a lion or a gazelle.<br />
When the sun comes up, you better start running.”<br />
― Thomas L. Friedman, The World Is Flat (2005–2006)<br />
MBWANA ALLIY (Tanzania)<br />
The web has been full of articles about how Africa needs start-up funding. Almost every day<br />
now I see some article about it. As a general rule when you hear the same thing over and<br />
over again- you should start to ask why? I have written about what I think on this topic<br />
prior.<br />
Here is a summary of my points:<br />
• Innovation Funding in Africa Are Impact Investors/VCs taking enough Risk<br />
• 7 Steps to Raising Angel Investment in Africa<br />
And one that tries to capture a more ecosystem approach beyond just the funding piece.<br />
Rather than to keep stating the problem, we should ask why it exists and if it really does<br />
exist?<br />
Take this tweet yesterday- “RT @africatechie: Africa: long on opportunity, short on capital<br />
bit.ly/L1nlGI on @VC4Africa“<br />
The Mara Foundation in Kenya tweeted:
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