Employee stock possession has arrived on Africa’s startup scene

Discovering, attracting, and maintaining top skills is a tall topic for tech startups in Africa.

Within the early years of Sokowatch, an e-commerce platform for casual outlets in Kenya, Tanzania, Rwanda, and Uganda, founder and CEO Daniel Yu wanted to salvage a technique around this. A tool developer firstly from California, he understood the tech ecosystem in Silicon Valley, where he says proficient people veritably stir away tall corporations to work for tiny startups, with worker stock possession plans serving as a serious plan.

“How impact we win people to head away jobs at Safaricom or at other tall or multinational corporations to work for tiny startups? It’s gotta be because they see one thing in it for themselves,” he says.

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