{"id":264,"date":"2017-01-18T13:30:04","date_gmt":"2017-01-18T13:30:04","guid":{"rendered":"http:\/\/www.jongore.com\/blog\/?p=264"},"modified":"2017-01-18T13:30:04","modified_gmt":"2017-01-18T13:30:04","slug":"regulation-in-africa-needs-help","status":"publish","type":"post","link":"https:\/\/www.jongore.com\/blog\/uncategorized\/regulation-in-africa-needs-help\/","title":{"rendered":"Regulation in Africa Needs Help"},"content":{"rendered":"<p>I&#8217;m increasingly worried about the negative effects of regulation on startups in Africa. \u00a0Regulation is best done with a light touch, and laid out in a consistent framework. \u00a0While Africa is celebrated for it&#8217;s diversity, that shouldn&#8217;t extend to a diversity of regulation. \u00a0The continent will be much better placed to launch multi-billion dollar companies if those companies can offer their products across different countries without having to change the product or structure of their agreements in each country. \u00a0In order for a company in Africa to launch a product that could reach a market size equivalent to the size of America&#8217;s (300 million +), they would need regulatory approval\u00a0in three\u00a0different countries. \u00a0Those countries are Nigeria (173 million), Ethiopia (99 million), and Democratic Republic of Congo (77 million). \u00a0(Excluding Egypt, who doesn&#8217;t help much on regulation either). \u00a0None of those countries are particularly renowned for their ease of doing business, and none of them make it into the top 40% of countries that are <a href=\"http:\/\/www.doingbusiness.org\/rankings\">welcoming to business<\/a>. \u00a0The DRC is top ten worst, Nigeria 21st worst, and Ethiopia 31st worst. \u00a0It doesn&#8217;t get scarier than that.\u00a0Startups don&#8217;t want to mess around with that quagmire. \u00a0If aid organizations are serious about developing African businesses and African&#8217;s skills, they should look to influence a better regulatory framework across the continent. \u00a0It will have a much bigger impact than any other program.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m increasingly worried about the negative effects of regulation on startups in Africa. \u00a0Regulation is best done with a light touch, and laid out in a consistent framework. \u00a0While Africa is celebrated for it&#8217;s diversity, that shouldn&#8217;t extend to a diversity of regulation. \u00a0The continent will be much better placed to launch multi-billion dollar companies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-264","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts\/264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/comments?post=264"}],"version-history":[{"count":2,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts\/264\/revisions"}],"predecessor-version":[{"id":266,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts\/264\/revisions\/266"}],"wp:attachment":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/media?parent=264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/categories?post=264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/tags?post=264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}