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I'll believe that when I see a single startup come out of Africa and compete on the the world economy. 0, I see exactly 0. What about innovations or websites.
by vivekd 3y ago
I'll believe that when I see a single startup come out of Africa and compete on the the world economy. 0, I see exactly 0. What about innovations or websites. Again 0.
Look at Forbes list of African innovations - it's bull, a pedal powered toilet, an electric pedicab made from recycled materials (like what?!)
This isn't a country we're talking about, this is a continent. Something is wrong.
https://www.forbes.com/sites/mfonobongnsehe/2014/02/13/seven-innovative-products-from-africa-you-should-know/?sh=a0ff4957f1c3 https://www.forbes.com/sites/mfonobongnsehe/2014/02/13/seven...
This guy's explanation hits on what I saw there. In Africa business and politics go together. The money isn't going to support innovators or entrepreneurs or business. It's going to politicians and that's it. That's where taxes are going, that's where foreign aid is going, that's where it's all going.
https://www.youtube.com/watch?v=IpbyDIpIStc https://www.youtube.com/watch?v=IpbyDIpIStc