So I have been thinking on China since after I read Prof. Ndubisi Ekekwe’s post earlier today.
This is what I have observed; one of China’s key strategy is the government presence in their Startup Scene and its unique role here is to ensure that the Unfair Advantage that these Startups enjoy is very Unfair!
This is a huge lesson we must learn in Africa. Yes, Africa is hungry for investment but we must quit acting like Esau. In many locales in Africa, government has handed over that Advantage to foreign multinationals. This cannot go on, a redesign is needed.
How can we make African Countries put African Startups in the highest place of Priority in the Economic revolution of Africa?