> Africa is not a country, it is a continent. Comparing it to India or China (whose economies haven't really paid off for foreign investors as much as you'd think) is a major flaw. China and India have an incredibly consistent society from corner to corner and well organized governments
I know. I’m ethnically Indian. I’ve been to India multiple times. If I were to invest in an Indian startup it would probably be in Bangalore or Chandigarh.
Just as it is highly unlikely that I invest in a startup in Wyoming, it is unlikely that I invest in startups in large parts of Africa.
Calling it “Africa” is just short hand for segments, categories, and locales in that space.
And boy is India far from consistent and organized. I speak Punjabi and don’t speak Hindi. There are 50 other states and 50 other languages that are spoken.
I know. I’m ethnically Indian. I’ve been to India multiple times. If I were to invest in an Indian startup it would probably be in Bangalore or Chandigarh.
Just as it is highly unlikely that I invest in a startup in Wyoming, it is unlikely that I invest in startups in large parts of Africa.
Calling it “Africa” is just short hand for segments, categories, and locales in that space.
And boy is India far from consistent and organized. I speak Punjabi and don’t speak Hindi. There are 50 other states and 50 other languages that are spoken.