The Rise of Start-ups in Africa
The western-based colonial image of Africa is starting to be passé. The one-sided representation as victims of violence, corruption and hopelessness are counted. Africa is on the way to a new self-defined future. While the caterpillar is still in its cocoon, it is about to become a big, beautiful butterfly with colourful independent wings, called Africa. The end of the transnational exploitation is in sight and the way to the development of a free and self-confident economy is gradually shoveled. Although Western media usually only reports on the negative events in Africa,you can quickly realise that far more good happens on the continent, than the nightly news want us to believe.
So what is it, that makes Africa thrive lately? Start ups! A global concept that is often seen by economists as the drive of a new industrial revolution. The influence of the start-up generation in Africa is of a particular nature and its extend and the speed of its development can not be compared to any other regions in the world. That of course, has to do with the fact that Africa is the last continent in the post-colonial phase of restructing and trying to get out of misguided subsidy policy. The new target is to transform self-determination by the colonialist, and racist oppression by the huge multinational companies, into a partnership and economic exchange policy.
Increasingly, small enterprises affect the course of the economy. The fact that start-ups are a serous model for the future of the global economy, can be seen by the amount of investments that are provided to encourage such companies. As Africa enjoys less government support, compared to countries such as Germany, the majority of African small businesses, draw their funding through fundraising organisations or private investor platforms such as “Angel Investors“. The plattform, for example, promoted 2014 entrepreneurs with approximately 27 million dollars. In countries, such as Kenya, South Africa, Ghana or Nigeria, companies rush to the IT, mobile and services sector. Also, since the majority of the African population has no bank account, the mobile phones, for example, are used to transfer or recive payments. There the reason of success for most start-up companies, is due to the adaptation to the African circumstances and local problems.
The benefits arising from the diversity of sustainable small businesses, are of global importance. Detachment from colonial economically battered economies, curbing corruption and increased regional autonomy are benefits that play an important role, especially in the case of Africa.
1 comentario /
04 May 2015
por
nkloss
IMSD /
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