Right around the time Omidyar Network released its Accelerating Entrepreneurship in Africa report, we had an opportunity to talk to Malik Fal, managing director of Omidyar Network Africa.
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Fal has a finger on the pulse of entrepreneurship in Africa. He leads Omidyar Network’s investment strategy and operations on the continent, and for the last 15 years has been involved with social entrepreneurship, business, and development, primarily in the African context.
In this monster one hour interview Fal tells is why he is naturally skeptical about co-creation as a model for innovation in Africa, which country is most likely to become Africa’s tech hub in the next five years, the truth about multinational interest in African startups, bootstrapping and misconceptions about fundraising, Africa’s me-too mentality, the biggest challenges African entrepreneurs and its incubators face, and why Africa will lag in overcoming them.
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