How to Start a Business in Africa | with Chika Umeadi of Tip Hub

in #africa7 years ago

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I recently conducted an interview with the founder of Tip Hub, Chika Umeadi. His revolutionary company focuses on bridging a key gap that exists between burgeoning African entrepreneurs and the resources they need including knowledge, investment money, connections to the right people and so much more. This interview covered a lot of critical information that will change the way you look at doing business in the continent of Africa. Time stamps below are the location of particular topics, so you can skip around to a particular topic that really interests you!

SHOW TOPICS

0:30 - Chika & Tip Hub
3:00 - Tip Hub's "accelerator" program
10:30 - Problems Africans having starting a business
20:00 - Should you seek venture capital investments for your business idea
22:14 - Types of companies Tip Hub invests in
28:00 - Where Africans can find early stage start up capital
33:20 - How to start a business with inconsistent electricity problems
40:30 - How to start a business when you are living in poverty
42:50 - How to make money when your customers are poor
45:00 - How businesses can deal with corruption in Africa
52:25 - How early stage companies in Africa can deal with transportation problems
56:30 - Starting from nothing
59:00 - Protecting indigenous industries
1:00:20 - The diaspora's role in advancing entrepreneurship in Africa
1:10:25 - African small businesses and local governments

SHOW LINKS




https://www.tiphub.org Chika's blog - http://chika.io/ Strengths and Weaknesses of Nigeria's Tech Ecosystem interview - http://thegsm.co/index.php/2018/02/20/strengths-and-weaknesses-of-nigerias-tech-ecosystem-with-chika-umeadi-from-tiphub/ Chika's article on African entrepreneurship in Technology https://www.brookings.edu/blog/africa-in-focus/2018/01/31/foresight-africa-viewpoint-african-entrepreneurship-in-technology-challenges-and-opportunities-in-2018/

Watch the video here