How can founders in Africa build startups that actually scale?
- Eloho Omame emphasized that fundraising does not equate to achieving scale.
- Operational inefficiencies and weak revenue models contribute to startup failures in Africa.
- Odunayo Eweniyi warned that scaling increases operational challenges, not reduces them.
The discussion highlights a critical need for African startups to shift their focus from merely raising funds to building sustainable business models. This approach is essential for long-term success in a challenging funding environment. Further exploration of operational strategies and partnerships could provide valuable insights for founders navigating this landscape.
