When a founder has to build the roads, install the plumbing, and write the laws before they can even open their shop, the standard metrics of growth and burn rate become dangerously misleading.
Entrepreneurs who meet the criteria will have a 90-day window to register and retroactively claim benefits — assuming, of course, they’re still around.
If capital markets are meant to be the final destination for venture-backed growth, most African countries have yet to build the roads — let alone put up signs.