The main external risks for African startup founders
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The main external risks for African startup founders 2:46 min
Chinedu Enekwe is co-founder of tiphub, manager of a pre-accelerator program in Washington DC that supports early stage technology and social enterprises in Africa and the African Diaspora. Previously he was a financial analyst cons…
One of the major risks that founders face is government risk and underneath government risk, there is this macroeconomic risk that is very keen to investors, which is currency risk.
And one of those risks, one of the things that startup founders have to clearly understand is how much their business is exposed external providers of services that are in those foreign currencies. So that…