Startups in Africa: Why Do African Startups Fail? | NC Debrief | News Central

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Recently, Africa has become one of the most attractive markets and incubators for startups. It is believed that in 2018 alone, startup investment in Africa jumped to record levels as African startups raised a record $725.6 million across 458 deals.

However, it is also believed that African startups are more likely to fail than succeed. This has become a fact as many high profile startups have failed. So, why do African startups fail? On this episode of #NCDebrief, Vimbai, alongside our expert guests try to flag the reasons why African startups fail.

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Wow! I'm so impressed with the interviewer. She knows her topic and she asked very good questions. Especially the one on what startups and VCs are contributing for the continent. We must be careful about people who just see our continent as another place to bet and win. Personally I'm glad to be past the "startup hype" since a lot of our countries don't have the means to produce our own food we should shift our focus to basic but important stuff instead of mimicking what westerners deem sexy in business.

ndombe
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Mistakes and failiure =
something to LEARN from/the best-teacher(s)??
-(M.K.S.). -(Quite possibly!!)??

m.k.s.