Evolution Series - McKevin Ayaba - Setup a Startup
April 27, 2023
In this episode of Entrepreneurs Talk Africa, host Gerald Ami speaks with McKevin Ayaba, a fellow African entrepreneur, CEO of Cerebral, and ecosystem builder. They discuss the unique challenges and opportunities faced by African entrepreneurs and the importance of creating a more technical and entrepreneurial economy in Africa.
- McKevin shares some of the challenges faced by entrepreneurs in Africa, including structural issues, access to international markets, and external shocks like bank failures.
- The high costs of traveling across the continent are a significant burden for startup entrepreneurs.
- McKevin emphasizes the importance of investment readiness and believes that both investors and founders need to do more.
- Policies play a critical role in attracting investment to the continent, and African governments should consider waiving certain taxes and incentivizing investors.
- Despite the challenges, McKevin believes that Africa has a wealth of opportunities, particularly in the fields of technology and innovation.
- AI is one of the most promising technologies for the continent, and McKevin encourages entrepreneurs to continue innovating and learning.
- To create a more technical and entrepreneurial economy, Africa needs to focus on education, promoting entrepreneurship and innovation from primary school through university.
- McKevin shares his hopes for the future of Africa's startup ecosystem and believes that with the right support and investment, the continent can become a global leader in entrepreneurship.
Africa Startup Ecosystem Builders Summit and Awards: www.asebsummit.com
In this insightful conversation, McKevin Ayaba shares his perspectives on the challenges and opportunities faced by African entrepreneurs. As an ecosystem builder and advocate for entrepreneurship in Africa, McKevin's insights provide valuable context for those looking to understand and engage with the continent's thriving startup scene. Listen to this episode to learn more about how Africa can embrace its unique strengths and develop a more technical and entrepreneurial economy.