Last year, Aubrey Hruby took two Egyptian venture capitalists on a tour of Nigeria’s technology startup scene. After five days of meetings with top entrepreneurs, she was convinced the trip was a success. Hruby, the co-founder of Tofino Capital, a U.S. fund that helps tech companies in emerging markets, hired a taxi to take the visitors back to the Lagos airport. On the way, police pulled over the driver for not using his turn signal and impounded the car. A second Uber ride was also stopped, and this time officers accused the investors of being terrorists. They searched their suitcases and found $1,000 in cash, which the police refused to give back. “They eventually let them go, and they made their flights, but they were so traumatized,” says Hruby, who’s also a senior fellow with the Atlantic Council’s Africa Center. “I don’t know if they will ever come back.”
Esta historia es de la edición November 09, 2020 de Bloomberg Businessweek.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 09, 2020 de Bloomberg Businessweek.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers