Title: The Case for Third Deputy Governor for Technology and Innovation at the Bank of Ghana: Amending the Bank of
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Are these Accelerator programs wasting African startups time?
This article was sparked by a thought-provoking LinkedIn post from Victor Asemota, where he delves into the phenomenon of African startups being caught in a seemingly endless loop of acceleration. It’s like watching a hamster on a wheel, except the hamster is a startup, and the wheel is the myriad of accelerator programs out there. Victor’s musings were in the context Visa acceleration program, where he noted that the startups involved were already so seasoned in the accelerator circuit that another round seemed more like a victory lap than a necessity
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for AfCFTA to be effective, the cost of money transfers across the continent must be lowered. The African Union supported by the African Export Import Bank- AfriExim ,(Bank was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade.) The bank has collaborated on the development of a Pan-African Payments and Settlement System -PAPSS a centralized payment system that will provide the infrastructure for intra Africa trade.
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