Friday, August 10, 2012

Funding African Entrepreneurs

This was an interesting article written by Loren Treisman of the Indigo Foundation, a grant-making foundation that funds technology-driven projects that seek to bring about social change in Africa.
Do African Entrepreneurs Need Charity?

In the main, I agree with the premise of her piece, articulated around three main points:

- Information technology is key to realizing the full potential of developing economies, especially in bringing about the reforms required to spark said economies.

- The best solutions to Africa's challenges are likely to come from the communities affected by them; a completely different development paradigm to what has obtained historically.

- Investment is required to make these enterprises and start-ups self-sustaining and drive them towards their stated goals.