Source: Source: AFK Insider | by Veronica Pamoukaghlian | 20 November 2014
Not every startup in sub-Saharan Africa and beyond has what it takes to become a successful multinational business. But with a $2-trillion economy, Africa is home to some of the world’s most disruptive technology, with new startups and early-stage entrepreneurial activity that have caught the eye of Ghanian and Zimbabwean business partners Ethel Cofie and Dave Chakombera. They have created Africa Twenty 10, a startup accelerator they said will bridge the gap between great ideas, talent and the global market.
Cofie, a Mandela Washington fellow, was inspired partly by her own failure. After completing her academic training in the U.K. and a stint in the corporate world, Cofie launched a startup in Ghana but it failed to bring in enough money. She returned to the corporate world. While working on large-scale projects in Ghana, Nigeria, and Sierra Leone, she tried to understand why her entrepreneurial endeavor had failed. “I asked myself … how I could ensure that others like me did not take an entrepreneurial nosedive, and how I might help others learn from my experience,” she said in an interview with AFKInsider.
- See more at: http://afkinsider.com/78592/africa-based-african-diaspora-startups-sought-accelerator/#sthash.hxHW3wvL.dpuf