DIASPORANS ARE EXCELLING IN THE WESTERN WORLD BUT ALLOWINGFUTURE ECONOMICRECOLONIZATIONBY THE WESTERNERS INTHE AFRICANSTARTUP SPACE Africans are making waves and excelling in various economic sectors in the western world, but fall short in investing and funding African-based startups. The lack of massive diasporans investment in African-based startups is creating a gap in attracting foreign dominance in the Africa startup space that has the potential to subject African entrepreneurs to humiliation, discrimination, stereotyping, and sometimes racism from their most prominent western investors. Africa has made a major difference in terms of growth and investment opportunities. Many talented Africans are getting inspired to launch their own startups. However, most of these investors tend to sway towards being Westerners whereas we have capable Africans in the diaspora that could play pivotal roles ensuring that the interest of African startups is protected. Allowing dominance of non-African investors in the African startup space might lead to economic recolonization as the non-Africans might not have the African entrepreneurs?best interest at heart. There are essential aspects of business that are pivotal for a successful growth trajectory. Categorizing these aspects, such as analyzing problems and growth patterns in a systematic is useful to entrepreneurs' comprehension at first glance. At this stage, it is extremely important to understand the vision of the founder(s) to develop an independent actionable item with closer scrutiny that increases the
22 The Diaspora - African Magazine | October 2021
