Re the title of this comment, that’s the headline I might have given this fascinating read from Tefo Mohapi, had I written it. In this piece for ITWebAfrica, Tefo gathers interesting perspectives on the socialist versus capitalist models of startup hubs in Africa. There is indeed a middle perspective, that both models are not mutually exclusive, so long as the social ends are served by sustainable (read profitable) operations.

African Business Technology News and Information Site | ITWeb AfricaAfrica’s tech hubs: are they producing success stories? This decade has seen a rise in technology and innovation focused hubs in Africa, with the AfricaHubs Project by BongoHive reporting a total of over 100 such facilities on the continent. But with the bulk of these hubs being donor funded, are these hubs sustainable and have they been effective in their missions?

via Itwebafrica

Bankole Oluwafemi Author