Africa is the next frontier for VCs

Doing business in Africa, Sub-Saharan Africa in particular, is not for the fainthearted. However, in this part of the world more than any others, obstacles are golden opportunities in disguise.

For instance, cross-border payment inefficiency is giving birth to innovative models such as MFS Africa and First Access’ microfinance platforms, while a looming energy crisis has prompted international superstar Akon to propose a complete redesign of the traditional solar energy approach.