WHY MOST ACCELERATOR PROGRAMS IN AFRICA ARE B.S?
Channel: henri nyakarundi
Date: 16/07/2019

I have to say, first, it is better to have a basic accelerator program than no program at all. I came back on the continent 6 years ago, accelerator programs were non-existent then. For the last 4 years I would, they have mushroomed all across the continent, and that is a great thing even tho the line between accelerator programs, incubators are blurry. However, 99% of them do not offer seed investments, they do not follow up with previous candidates, they do not expand on their curriculum and adapt on the real need that exists on the ground, finally, they focus too much on advisors that come from abroad and bring low value to the African ecosystem. 
Accelerator programs, as the word says, are supposed to take the startup to a new level but very few succeed. Actually, the most successful companies in Africa for the last 5 years did not participate in an accelerator program. Something needs to change. 
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Henri Nyakarundi is a social entrepreneur and the CEO and founder of ARED GROUP, a smart way to deliver key digital services, using a smart solar kiosk and mobile application, for low-income people in rural and refugee camps. Henri Nyakarundi is also an award winner and a Pan-African with over 10 international awards under his belt. 
 His purpose is to develop technologies to address challenges the African continent is facing today, especially in the fight on poverty. 
 Henri is also a public speaker and share expertise in the impact space in Africa and knowledge about the future in entrepreneurship on the continent and how to improve on the ecosystem. His passion is to prepare the next generation of leaders and give them an insight into the real game that we call entrepreneurship. 
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