Malawi | Impact Entrepreneur

How Fast is Fast Growth in Africa?

How Fast is Fast Growth in Africa?

by Luni Libes | Africa, Editor's Picks, Impact Economy, Impact Investing, Scaling Solutions, SDG 1 - No Poverty, SDG 2 – Zero Hunger, SDG 8 - Decent Work and Economic Growth, SDG 9 - Industry, Innovation, and Infrastructure

In venture capital investing, growth is typically measured around the proverbial “10x”, as in ten-fold growth in revenues, and is typically wrapped around the unspoken norm of the ten-year lifetime of a fund. Or in short, 10x in 10 years is considered successful. In...