I've always struggled with the insistence of most Africa-focused VCs on following Silicon Valley's playbook when making investments in Africa-based startups because our culture, ecosystem, infrastructure, and realities are wildly different! We need investors with patient capital.
private equity market really resonated with me.
As Eligent TV perfectly summed up my last interview with them back in October on exit strategies and patient capital in the VC landscape in Africa, "You can't rush growth here.
We want as many people as possible to know about the amazing work weโre doing so it means a lot to have our work spotlighted.
Help us reach more eyes! Please RT & like if you support African tech. ๐ช๐พ
It's a quick read that you will certainly gain invaluable insights from. Please follow the link in my bio to grab a copy from Selar [via https://t.co/VjHOJBSSTT] or Kindle [via https://t.co/u68jeqtrPj]. Thanks!
#SylsMusings#Imagination ##SufferLittleChildren
Not too long ago, I watched an interesting excerpt from the sermon of a Rabbi. In the clip, using the real-life story of Arnold Palmer and a Saudi Arabian King, he draws a brilliant comparison between the perspective of a regular person and the perspective of a King.
Whether you believe it or not, He is the single most important and influential personality in your life, and I believe you can develop and maintain a close, genuine connection with Him as Abba, the loving Daddy He is.
What are the 3 main challenges inhibiting the growth of early-stage companies in the region, and what can be done? That's a question I was asked earlier in the year. It was a no-brainer for meโaccess to substantial [patient] capital, a small specialised talent pool, and ease of
borders can be such a pain because there can be too many hoops to jump through and a number of palms to grease. Initiatives like the AfCFTA promise to improve intra-African trade, but in the meantime, specialised compliance functions, in-house or outsourced, could help startups