Hi PG. As a Nigerian Internet start up founder, I was quite disheartened to read Leila Janah, post (http://tcrn.ch/aE4UqK) where you were quoted as saying you would "rather fund an incubator for less glamorous businesses, like gas stations and plumbers." than start a Y combinator in Kenya.
A continent with 1 billion people and, 110 million connected online (growing in triple digits) I would like to believe we can produce companies that can have product market fit before deciding to scale up and probably open offices in the west. .e.g US.
When I wrote my blog post "A cure for Nigerian Internet Scams (http://bit.ly/ayCTUX), I counted you as one of the people that we would seek support from to become relevant in the world of startups.
So hearing that you think there is no hope for us, is quite deflating.
So my question is, why do you believe Africa cannot produce global scale startups?
While I was running the internet cafe, the bigger problems I had to deal with had nothing to do with my line of business.
I had to bribe employees of the electric company (NEPA) to hook me up to a more reliable power line where electricity is more stable. Stable electricity in Lagos means you get it like 6 hours a day. The rest of day, you had to power your business with Generators. For the Generators, we had to buy drums of diesel to keep them running. Buying diesel was something else because Lagos always had a fuel shortage going on. We had to buy tank loads of water to keep the business location clean because otherwise we had no running tap water. I had to deal with thugs showing up every now and then, asking me to pay for street protection. With all these problems how do you focus on your startup and grow your business.
My wishlist for Nigeria will be a wireless internet solution that is cheap and can reach the whole country, the type that the company Teledesic tried to provide. Also an Energy solution that will free us from evil Oil companies and evil electric company. Something you could just plug in and get cheap, clean, efficient enegry to run your entire business. But thats just what my wishful thinking. When we can have that, we will see more startups from Africa.