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Interview in corporAID magazine
entri consulting | 05.07. 2018
The July/August 2018 edition of the Austrian corporAID magazine features an interview with EnTri’s Managing Director Klaus Tritscher about the chances of SME’s regarding business in Africa.
In this article Klaus Tritscher encourages SME’s to take a closer look on African markets in which the growth rates are substantially higher than in other corners of the world. Furthermore Mr. Tritscher emphasizes that there is a funding gap between approx. EUR 200.000 and EUR 4 Mio for private sector projects. But around 90% of the Austrian as well as Subsahara-African SMEs have their project sizes in this range. Therefore a major challenge is to find appropriate funding within these limits.
When asked which characteristics entrepreneurs need to be successful in Africa Mr. Tritscher responds: persistence, good sense and last but not least a strong affinity to the respective region and its population.