• Tech Trailblazers: Unveiling the secrets of successful startups in Africa

  • Nov 29 2023
  • Length: 33 mins
  • Podcast

Tech Trailblazers: Unveiling the secrets of successful startups in Africa

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  • Summary

  • This episode discusses the growth of tech startups in Africa and what it takes to build successful tech startups on the continent. It starts by defining what a startup is and goes into the resources needed by tech startups.

    Building a conducive ecosystem for tech startups involves fostering collaboration, inclusivity, a critical mass of startups, and a track record of success, with talent fluidity between startups. This episode also underscores key elements for ecosystem success, including supportive policy and regulation, access to diverse forms of capital such as customer capital, angel investors, venture debt, factoring finance, and grant funding.

    To be capital-ready, startups must conduct thorough research on funding options, possess psychological readiness for investment and relinquishing control, articulate a clear use case for the capital, and undergo due diligence.

    Listen for more. BCG Instagram · WBS Instagram · Connect with Wits Business School · Connect with Boston Consulting Group · BCG on Facebook · WBS on Facebook · Boston Consulting Group Website · Wits Business School Website
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