Another great article on how African startups need to focus on the basics (i.e. growing revenues and being profitable) rather than just following the trends from the Western worlds.
Another good point is the significant lack of funding for real growth, as funds from competitions, hubs etc. are far to be enough to help scale-up new businesses.
The article was written with the inputs of Paul Cook, co-founder of Cape Town-based seed investor Silvertree Internet Holdings. You can read the full article here.
Posted in: Readings | Tags: africa startup, funding