African entrepreneurship events focus the spotlight on the continent’s startups | Wamda

Moroccan startups are increasingly taking on an African scope:

[...] For Abdelkrim, the most dynamic African startups often have founders who lived abroad, who have a global vision and ambition.

This is certainly the case in Morocco. Algo Consulting Group, Caciopee and PayLogic are all fast-growing Moroccan startups. They have one thing in common: they’re looking to Africa.

“Morocco is a good school,” said Algo Consulting Group’s Tarik Fadli, “but Africa is the university.”

Investors and entrepreneurs concurred throughout the day: Moroccan entrepreneurs will get lost in Silicon Valley’s crowd, and will suffer setbacks associated with not understanding the culture there. They’re better off focusing on markets more accessible to them…[FULL STORY]


Leave a Comment


Get every new post on this blog delivered to your Inbox.

Join 49 other followers: