Are African Start Ups a Good Place to Start Your Business?

Most african start ups don't need to scale of the continent, and they spend three to four years scaling into other countries. There is a very strong correlation between africa and europe for lots of reasons. The amount of people that have smart phones is growing like wildfire. So you could have some one living in a shack or living in an informal settlement, but as a smart phone with data, they will transact more often than people could imagine. And i think the right v cs in the us see that as a huge opportunity.

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