RE: Why do investors ignore African Tech Startups? Is digital currency obsolete here? Think Again.

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Why do investors ignore African Tech Startups? Is digital currency obsolete here? Think Again.

in mobilemoney •  8 years ago 

Hey, very good issue you are rising here.

As you said, risk is one of the main aversive elements for foreign investors in Africa. Not only the economical risk, but also the political risk because things are a little bit less steady there.

But I think another point that is really important is that people have very few knowledge of Africa. They don't get a lot of information about what is really happening there and how things are done. The culture is really different and before engaging in business you need to know something about it.

Anyways, I hope people like you will be able to change those things !

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  ·  8 years ago (edited)

Thank you for your feedback. But that is the beauty of investment, it comes with risk, sometimes the projects with highest risk can give best rewards. I would like to hear more on this issue...