![]() ![]() Uganda, Zimbabwe, or Sierra Leone fare worse than some countries located in “Francophone Africa” in fostering startup funding. However, the disparity issue transcends language issues. ![]() There is a constant debate with respect to disparities in risk capital flows between so-called Francophone Africa and Anglophone Africa. Yes, you guessed it - the usual suspects! Although Accra, Dakar, Kigali, and Abidjan are lagging behind, they have made significant strides in becoming attractive destinations for risk capital. In Sub-Saharan Africa, venture capital funds have the cruel tendency of finding themselves mostly concentrated in a few locations: Lagos, Joburg, Cape Town and Nairobi. Venture capital flows, however, tend to be relatively capricious and difficult to predict. “Be the flow, don’t go with the flow” is the motto. The fast-changing nature of markets, technologies and consumer preferences, is putting tremendous pressure on entrepreneurs and executives to be ahead of the curve. China moving from a manufacturing to a service/tech-based economy) and reduced global demand for “hard” goods. ![]() Globalization has exhibited diminishing marginal returns as a few emerging markets have transformed the structure of their economies (e.g. Until now, selling a few barrels of oil, manufacturing a couple of Nike shoes, or producing cocoa had sufficed to fuel capital-intensive growth in African and Asian countries. The era of lazy growth is over! There was a time when emerging and frontier markets could comfortably generate impressive numbers by surfing on the wave of globalization, trade and commodities. ![]()
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