The most successful African entrepreneurs of the future -Think beyond borders of all kinds

Amongst the many things I wanted to achieve with this platform was to get young African entrepreneurs to reach out and start talking to each other, doing business deals, and partnering to find solutions to Africa’s many other challenges. I’m not sure if you saw this comment I made during our discussion on partnerships a while back:

“Afterthought: Here is a secret! The most successful Africans in future are those who master the ability to partner with Africans from other African countries… Shhhh! (Keep this secret to yourself, because there are many enemies out there who will try and stop you from believing this.)”

As an entrepreneur, there are huge benefits for you if Africa can shift its economic narrative to what I sometimes refer to as “Africanization.” We as Africans need to open up this continent to development by Africans. However, this should not be to the exclusion of working with partners from other parts of the world, or frustrating potential investors!

Have you looked at Africa’s numbers lately?

# Continental Africa has a population of 1.2bn people, and a GDP of $2.8Tn.

# It compares quite favorably with India which has a population of 1.3bn, and GDP of $2.6Tn.

# Assuming a compound annual growth of 5%, Africa’s GDP as a continent can reach $30Tn in 50 years.

# This is 1.5 times bigger than the US economy today (at $19Tn), and three bigger than China today ($11Tn). This is not to suggest that we’ll overtake China and the US, because they’ll continue to grow naturally.

# An economy of $2.8Tn, with a population of 1.2bn people could be leveraged to unleash the type of growth we’ve seen in China over the last 25 years, and beginning to see happen in India under PM Modi.

# In 50 years, Africa’s population will be close to 3bn, and the economy could be $30Tn.

# Two-thirds of Africa’s population will be under the age of 25!

# 60% of the population will live in cities (already 37% — comparable to China, higher than India’s. Expected to be world’s fastest urbanization from 2020 to 2050).

# If we can just increase our GDP growth by an additional 2% per annum to 7% — and sustain it and manage it well — Africa’s future could be remarkable.

# This could completely do away with the need for any form of international development aid (currently about $60bn per annum, and being cut anyway!)

So when you hear about 5% growth or “just 2%”… Does that seem like a small number, and one we can easily achieve? Maybe, but any serious economist will tell you: “Not so simple!”

About 20 years ago, I set off on a remarkable journey. I wanted to do business in Africa, as an African. I’ve set up businesses with entrepreneurs and partners from just about everywhere on this continent — north, south, west and east. At one time or another, I’ve worked in every part. Sometimes I’ve set up joint venture partnerships and other times I’ve just sold or bought something.

A global entrepreneur once called me over a planned a massive investment he wanted to make in a certain country. Years later he said to me, “You told me I would lose my investment, and be left with just my shirt…” Then he symbolically took off his shirt! I wished I had been wrong but my experience with how business works there, I knew he would lose his money.

I’ve also advised people to make investments in places where they went to look for themselves and were very surprised, in a good way!

Let me tell you, it won’t be easy, but it’s easier now than 20 years ago, and will be even easier going forward.

# There’s never been a greater need than now for Africans to reach out to each other — beyond tribe, race, and national borders.

Do you see “Africa rising” where you are? If not, share some of your ideas what must done (not just by others, by YOU.)

Let’s talk.

===

42 thoughts on “The most successful African entrepreneurs of the future -Think beyond borders of all kinds

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    Most of our checklist of poker rooms providing video games
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    Ltd was given the first on-line poker license and the company which runs the online poker website will broaden its offerings in Nagaland.
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    The Mercury-branded poker website, the primary to launch on the community,
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    One of the newest began poker rooms in Bangalore, Rockets Poker has gained popularity in 2014 attributable to a number of guaranteed prize tournaments and engaging interiors as
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    Pandya mentioned that there are judgment of Kolkata and Karnataka High Courts that
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    that is set to be recognised by the International Mind Sports affiliation along with
    Chess, Bridge and Draughts,” he added.

    Having always been at the forefront of mind video games in the world, India will not be removed from World Poker domination, nonetheless, adds Ankit. Whereas fines have been assigned by the legislation, the implementation of it has been tough because real money online poker sites are accepted by some states in India but not others. Furthermore, in the event you’re playing at a good on-line poker site, you realize their random number generator utilized for all their video games is commonly checked by third social gathering auditors to make sure equity and randomness. You will have to strive quite a lot of completely different online poker rooms before you discover one which fits you the most, but as soon as you discover the correct website, it’ll soon develop into your second residence.

    In the event you set up full Shahi India poker Android app, you will play for hours and just will not be capable of tear your self away from your gadget. One main occasion was the Asian Poker Traditional which occurred on one among India’s casino ships (the Maharajah On line casino). The amazing poker set comes with 2 decks of enjoying cards, 500 pcs poker chips, aluminum poker chip case, 1 dealer button, keys, and 5 dices. Prime members now take pleasure in limitless video streaming, FREE One-Day and Two-Day Delivery on eligible items, 30-minute early access to offers and more. In its first season, the Poker Sports activities League will encompass 12 teams, seven of which have already been offered and the remaining five shall be made available on the market shortly.

    Is easiest the second largest online Poker web site in India that gives ‘No Restrict Texas Maintain’em’ poker recreation. Keep tuned at PokerNews as extra news develops in the Indian gambling market. As a talent game falling beneath the category of gaming fairly than gambling, penalties cannot be imposed upon players. Enjoying at legal Indian poker web sites improves your sport and offers you entry to bonuses for deposits and other promotions. There are several key factors with making certain most safety for their gamers: Collusion monitoring, Chip dumping, Chat abuse, Identity Theft, A number of accounts and much more. I like enjoying at totally different poker sites and since all the sites I mentioned above take this accretion possibility, it allows me to make use of my bankroll in any respect three of the sites from the identical ewallet.

    The decide dominated that wagers involving cash are illegal and that although the video games proposed to be supplied might require ability, banks and financial institutions might refuse servicing websites that would supply such video games. The Supreme Courtroom judges in India are anticipated to problem a ruling on a case that started in Madras, India in 2012. Law favors poker operators to function their poker websites within the legal frameworks. Over 50,000 individuals play on-line with these homegrown”
    on-line poker startups and ninety 5 p.c of India’s expert gamers
    are male. But, because of an excellent poker face, some very observant
    reading of Riess’s play, some daring moves and most significantly, a effectively-timed and constant
    bluff, Farber received, and how!

    So, comparative critiques of the poker bonuses at can really make it easier to to decide on the
    most effective web site to make your first deposit.
    Now we’ll check out some specific aspects of the sport
    which any gamers in India will need to be fascinated by.
    Choose one in every of India’s high rated poker sits
    from our list of elite establishment and play Texas Hold ‘em, 5 Card Stud, Omaha Hello or
    every other variant of the game that you just favor.

    Most of the major gambling sites welcome Indian prospects, but because these sites are operated
    overseas they aren’t essentially ruled by Indian law.

    So far as Indian poker gamers go, I feel Indians have an awesome aptitude for poker,
    and seen this even back in Sydney. Now players are free to play regulated actual money online poker games with none worries!

    You may redistribute or modify it beneath the terms of the GNU Lesser Common Public License as printed by the Free Software
    program Foundation. Gambling web sites argue that the video games played on their platform involve expert gamers, who use strategy and ways
    to win the sport. Sites providing a welcome bonus will often require customers to launch
    an account to qualify. Once acclimatized with free poker, player scan switch
    to actual cash online poker. Nonetheless, there is no
    such thing as a point out of on-line gaming in it. Also consider
    the fact that laws pertaining to gambling are by and huge
    a state business, where the States have the legitimate
    authority to make legal guidelines with respect to it.
    It’s all about poker and there is not any larger brand on the market to test one’s skills than at the India Poker Championship.

    Enjoying online poker at is one hundred% safe & secure as
    we follow the highest level of on-line safety with certifications from iTech and Alpha.
    The factor was, players from India had been always current on worldwide websites, if not in nice numbers.

    Many of these with the big names in international poker we have talked about above, and plenty of with in-country
    operators we’ve also covered. Fair Play & quick Pay is ensured – SSL licensed to ascertain a safe encrypted connection. Along with Burman’s PSL, there is another tour that’s trying to do one thing comparable but on-line.
    Whereas the language used here is not precisely clear and concise, it does suggest that anything where you can danger money to win cash could possibly be thought-about gambling.
    Regardless that the PSL web site has not launched the schedule for the qualification video games,
    the deadline to use as a player is coming to an finish and a few of
    the poker teams have already been offered to prominent businesspersons.

    If you wish to dive in and get some free apply in a competitive
    atmosphere, take a look at the brand new web site at Global
    Poker – offering free to play poker video games with a twist.

    Thus, legality of on-line poker or on-line rummy
    stays to be a grey space and online gaming
    and gambling stakeholders ought to adjust to the related authorized tips of India till Indian government comes up with
    some protection or legislation on this regard.
    In keeping with Delta Corp Chief Monetary Officer Hardik Dhebar, Adda52 was
    a debt-free and cashgenerating online poker startup that clocked revenues of Rs forty seven crore in calendar
    12 months 2015 with core operational (EBITDA) margin of 30-35%.

    Now to play cash video games on Pokerstars you should have some money in your
    account.

    Agarwal made headlines in July last 12 months when he won $ninety six,445 on the World Sequence of Poker in Las Vegas, thought
    of one of many largest poker tournaments. New players can brush up on the poker guidelines and study
    poker technique from the professionals. It is the primary day of the main event at the Asia Championship
    of Poker, where over a couple of weeks on the Exhausting Rock Hotel in Macau’s Metropolis of Goals, the most effective couple dozen of a pair thousand players pull off multi-hour streaks
    with solely toilet and cigarette breaks to distract them from their
    lower of the spoils, a payout somewhere around HKD 116 million – about 100 crore rupees.
    The perfect online poker sites accepting gamers from
    India present an gratifying online poker experience, excellent customer assist, good
    visitors, a wide variety of stakes and poker games, and beneficiant bonuses and promotions.

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