FortySouth

From Businessweek:

Despite tough economic times around the world, emerging small businesses in Africa are still enjoying unprecedented opportunity thanks to rapidly developing domestic and export markets, continued gross domestic product growth, and record levels of foreign direct investment. A new generation of African entrepreneurs are helping Africa move from a recipient of development aid to a mainstream economic player.

Congratulations are in order! I’m wondering though, for the funding many small businesses and start-ups need to seed and thrive, what is the state of venture capitalism in Africa?

[Link]

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See Also:

• Dambisa Moyo: Halt Developmental Aid to Africa
• The Help Kenya Project