Tuesday, June 17, 2008

What the hell does Africa have to do with it?

Sean Park discusses opportunity at the Park Paradigm:
In a nutshell, it really comes down to the power of looking at the industry from a completely different perspective: understanding how markets and financial services can be made to work in the context of sub-saharan Africa, necessarily forces you to see the industry through a radically different prism: infrastructure, distribution, price points, market structure, etc. So not only do native opportunities exist to vastly grow financial service and markets from very small existing starting points, but also by doing so I am convinced that a number of non-intuitive and powerful learnings applicable to innovating in this sector in developed markets will emerge.

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