I hope that company or those companies are truly African and not some neocolonial abomination essentially owned by foreign investment.
The excitement of Africa is the chance at something new - why not something local, sustainable, and not prey to the walled gardens and greed of the West? The idea of something uniquely African is far more exciting than SV Tech: A Foreign Adventure.
That's how China and India got their growth. They didn't bootstrap. Taking foreign investment is not some kind of sin against Che Guevara, but simply the best way for a country with cheap labor and visible growth potential to get richer.
Some flavor of neo-colonialism is possible, but I'd bet the biggest threat to African development comes from bad governance rather than the outside.
Africans have ingenuity and local knowledge. The developed world has cash and business know-how. So long as corrupt government officials can be avoided, there's a chance that there can be a symbiotic relationship.
The excitement of Africa is the chance at something new - why not something local, sustainable, and not prey to the walled gardens and greed of the West? The idea of something uniquely African is far more exciting than SV Tech: A Foreign Adventure.