Would there be a shortage of startup founders in South Africa? That appears to be the current situation of things. This is because South Africans are having extraordinary success in obtaining permanent residency in Canada under the StartUp Visa program. According to Statistics Canada, an incredible 90% of South African applications to Canada’s Start-Up Visa program are accepted, significantly above the average overall acceptance rate of 38%.

South Africa is at the top of the list of nations whose applications are approved under this scheme, with a success percentage of 100%.

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Last year, Prime Minister Justin Trudeau took a tour of the continent. During that tour, Trudeau expanded Canada’s ties with African countries, pledging to promote economic development, increase trade and investment, promote democracy, advance gender equality, and combat climate change.

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Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning write