Tekedia will publish a special report by Brian Laung Aoaeh on business model and funding in Africa with focus on startups. Brian is an investment analyst at KEC Holdings, LLC in New Jersey. Before KEC Holdings he worked at Watson Wyatt, UBS AG and Lehman Brothers respectively. At Lehman Brothers, we was an assistant Vice President.
This is the abstract of the 11,909-word special report.
Abstract: At the same time that Africa is experiencing a boom in entrepreneurship amidst the proliferation of Internet and mobile technology African startups face the impediment of inadequate access to seed and early stage venture capital to fund their growth. A number of converging factors in other parts of the world present the contours of a possible solution to this problem. This blog post describes the problem in some detail, discusses the factors that point to a possible solution, and studies some examples of how an analogous problem is being solved by entrepreneurs, investors and policy makers in other parts of the world. It ends by attempting to fashion an outline of how current ideas might be combined in order to solve the problem specifically for African technology startups.
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