How to save money as an African Start up
Saving money is a priority for any startup, but especially so if the startup is based in a developing economy. When it comes to keeping the purse-strings tight, Appafrica has some wisdom to share:
2. Buy an inverter.
Here in Kampala, we lose on average about 5 hours a week to power outages. That’s twenty hours per month, nearly a whole day! Across a year, that’s nearly an half a month you’re paying your staff to sit around and do nothing. Do the math on that. Actually, the more you spend on your inverter and batteries, the longer it will last. I have friend who spent about 5 grand on a power solution that can last him up to three days if necessary. Very rarely is there a lost workday due to power for him.
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