Africa itself shares the hallmarks of a tech startup which bodes well for its global competitiveness
By Joshua Raphael, Founder & CEO of Parket
It is widely accepted that Africa’s potential is likely to be unleashed through widespread and sustained digital transformation. In other words, technology, and the innovative solving of complex problems, will catapult the continent into global competitiveness. This is not just theoretical, it is likely, and this is because Africa itself shares the hallmarks of a tech startup.
Comparing a continent to a startup may, at first glance, seem odd, until we look at what most startups have in common: while they all need inspiration and perspiration to succeed, there is an element of desperation. This desperation is not of the negative variety, rather it is the jet fuel of innovation.
Consider an average startup. One may argue that about 10% of its...
