African start-ups aim high, harsh realities temper hopes

World News: . []

African start-ups aim high, harsh realities temper hopesCameroonian start-up boss Serge Boupda made a polished pitch Thursday to a room packed with potential investors in Paris, but he knows a solid business plan does not guarantee interest for firms hoping to unlock Africa's vast economic potential. Like other African entrepreneurs out in force at the Vivatech trade fair in Paris this week, Boupda acknowledged the challenges of entrenched poverty, corruption and terrorism that are holding back many countries. 'Africa is rising, yes, but it's also 54 countries, so what that really means is 54 different challenges,' he told AFP after presenting his Diool payments app to a jury of three venture capital executives.

Read More: LINK 

Published: .

Search for other references to "african" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
Privacy Policy | Terms and Conditions | Contact Us