Afleveringen

  • Can Africa be a leader in the global fight against climate change?

    While the continent has contributed just 3 percent to global carbon emissions, it is the most impacted by climate change. But it also has a range of natural endowments that leave it well-positioned to build green industries that will have a positive economic impact locally and can play a significant global role in getting to net zero.

    In this episode, we're joined by three Africa-focused climate founders solving local problems with global implications.

    00:00 - Africa is the most impacted by climate change
    01:18 - The opportunity to build industries powered by renewable energy
    01:51 - Great Carbon Valley's Bilha Ndirangu
    05:00 - Octavia Carbon's Duncan Kariuki
    07:51 - Talus Renewable's Hiro Iwanaga

    Listen to more episodes of The Greenprint: https://theflip.africa/the-greenprint

    This episode of The Greenprint was produced in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.

    Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale.

    Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.

    ‍Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.

    This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.

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  • These climate investors are funding climate startups using a hands-on venture-building model to support founders across Africa.

    In this episode, we’re joined by James Mwangi from Africa Climate Ventures, Maxime Bayen from Catalyst Fund, and Lyndsay Holley Handler from Delta40.

    We discuss why African ventures and climate startups, in particular, benefit from the venture building model; the limitations of the traditional two and twenty fund model in the African tech ecosystem; the types of founders and opportunities these investors are looking for; the pitch these investors are making to global investors for why they should back climate action across Africa; and, is Africa the most important region for global climate goals?

    00:00 - Intro
    01:20 - Why climate in Africa?
    06:03 - The types of founders they're investing in
    12:18 - Why the venture building model?
    19:39 - Fund structures & models
    35:30- The types of businesses & opportunities they're seeking
    41:30 - Pitching Africa's climate story to global investors

    This roundtable conversation was recorded during the 2024 Climate Week in New York City.

    This episode was produced as part of our series on climate action in Africa, in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.

    Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale.

    Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.

    Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.

    This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.

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  • There are millions of Moniepoint point-of-sale terminals in use across Nigeria. These point-of-sale devices power Nigeria’s offline economy, and while there are many competitors in this space, Moniepoint appears to beating them all.

    How did they do it? How did Moniepoint grow so quickly? And why has it become the preferred choice for agents and merchants across Nigeria?

    In this episode, we hit the streets of Lagos with Ezekiel Sanni, Moniepoint's Senior Vice President of Distribution Network Sales.

    Moniepoint has been recognized as Africa's fastest-growing fintech by the Financial Times in 2023 and 2024. Last year, they processed over $182 billion in payments.

    Moniepoint (formerly TeamApt) was founded by Tosin Eniolorunda in 2015.

    00:00 - Moniepoint is winning Nigeria's fintech battle
    01:28 - What do agents want?
    02:19 - Nigeria's banking challenges
    03:34 - Moniepoint's business banking strategy
    04:49 - Moniepoint's distribution strategy

    Check out our roundtable conversation with Monieponit's CEO, Tosin Eniolorunda, Kuda's Babs Ogundeyi, and FairMoney's Laurin Hainy - https://theflip.africa/podcast/nigerian-neobank-roundtable-moniepoint-kuda-fairmoney

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  • Small retailers in Nigeria power the economy. But they’re going through some tough times. Devaluation, food inflation, and overall poor economic conditions have made it especially hard for these small businesses to operate.

    To better understand how retail works, and how these small businesses can grow, we hit the streets of Lagos with Deepankar Rustagi, CEO of OmniRetail.

    OmniRetail was ranked Africa's #1 Fastest Growing Company in 2024 by Financial Times.

    In this episode, Deepankar explains small retailers' working capital challenges and how OmniRetail is helping them grow their business by turning over their inventory faster.

    00:00 - Intro
    01:00 - Working capital
    02:08 - Faster inventory turnover
    02:48 - Lack of credit
    03:39 - Understanding consumer demand
    04:57 - Building a Systematically Important Platform

    Read more from Deepankar - Rethinking Metrics in B2B Commerce: https://theflip.africa/newsletter/rethinking-metrics-in-b2b-ecommerce
    Learn more about OmniRetail here: https://omniretail.africa

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  • One of the African tech ecosystem's largest exits was the 2020 sale of Sendwave to WorldRemit for $500 million.

    Sid Sridhar was Sendwave's Head of Business at the time, and in this episode, Sid shares his M&A lessons for the African tech ecosystem.

    Sid is now the Head of Business at Wave, the mobile money company spun out of Sendwave that's competing head-on with the telcos in Francophone West Africa. Wave raised a $200 million Series A in 2021, valuing the company at $1.7 billion.

    00:00 - Introduction
    01:32 - Every deal is different
    02:16 - Know the business model that you're building for
    02:40 - Companies get bought not sold
    03:41 - How to qualify a deal
    04:53 - Be smart & strategic with information
    05:31 - Be transparent
    06:24 - Stay close to potential buyers
    07:39 - Alignment with investors

    Follow Sid on Twitter

    Check out other episodes from the Fintech in Africa Summit:
    Nigerian Neobank Roundtable: Moniepoint, Kuda, FairMoney
    Why Are Cross-Border Payments So Hard?
    Tackling Africa’s $330 Billion Credit Gap

    Our Links -
    🎥 YouTube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
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  • There is a $330 billion credit gap, according to the IFC. But why is it so hard to lend in African markets?

    We explore that question with Chijioke Dozie, Co-founder and CEO of Carbon, and Mark Straub, CEO of Smile Identity.

    This episode was recorded live from the FT Partners Fintech in Africa Summit in New York City. Download their FinTech in Africa research report, published in March 2024.

    00:00 - Introduction
    01:36 - The credit infrastructure problems in Africa
    02:28 - Carbon's approach to lending
    03:51 - SmileID's perspective on credit infrastructure
    08:10 - Ability to pay vs. willingness to pay
    10:06 - Private sector solutions
    17:36 - The challenges of scaling lending without infrastructure

    Follow Chijioke on Twitter.
    Follow Mark on Twitter.

    This episode was the third in our series of interviews recorded live from the Fintech in Africa Summit.
    Nigerian Neobanks with Moniepoint's Tosin Eniolorunda, Kuda's Babs Ogundeyi & Fairmoney's Laurin Hainy: https://theflip.africa/podcast/nigerian-neobank-roundtable-moniepoint-kuda-fairmoney
    Cross-Border Payments with NALA's Benjamin Fernandes & GTXN's Dan Kleinbaum: https://theflip.africa/podcast/why-are-cross-border-payments-so-hard

    Our Links -
    🎥 YouTube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
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  • In this episode, the third in our docuseries on jobtech platforms and the future of work, we dive deeper into the value chain, because the problems that small businesses have across the continent are multi-layered.

    In an environment of demand constraints and a lack of infrastructure, platforms need to solve multiple problems across the value chain. This is what makes jobtech platforms so hard to build in Africa.

    But for those who can solve problems across the value chain, it not only unlocks growth opportunities for their users, but it also unlocks additional revenue streams for platforms to achieve greater profitability.

    Check out the first two episodes in this series:
    What We Get Wrong About Jobs in Africa
    The Future of Work Will Be Bootstrapped

    00:00 - Intro
    01:43 - Jobtech platforms in Africa need to solve multiple problems across the value chain.
    02:31 - One sector with challenges across the value chain is fashion.
    03:51 - How Fitted is solving problems for tailors in Nigeria.
    05:51 - Unlocking revenue opportunities for SMEs and platforms alike.

    Watch this episode on YouTube.
    Learn more about the Jobtech Alliance.
    Check out last year's podcast series on the future of work.

    Our Links -
    🎥 YouTube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
    📸 Instagram - https://instagram.com/theflipafrica

  • Benjamin Fernandes, the Founder and CEO of the remittance platform NALA, likes to say that payments are just 1% built in Africa.

    Why are cross-border payments so hard?

    In this episode, we're joined in conversation with Benjamin Fernandes and Dan Kleinbaum, a co-founder of Beyonic, which sold to Onafriq, and now the Founder of the FX platform GTXN.

    This episode was recorded live from the FT Partners Fintech in Africa Summit in New York City. Download their FinTech in Africa research report, published in March 2024.

    00:00 - Intro
    01:29 - Payments are 1% built in Africa
    06:32 - How to solve problems in Cross-Border payments
    08:28 - Do we need more payment apps?
    15:51 - Navigating regulatory challenges
    17:03 - Why are Benji & Dan solving these problems?
    20:30 - What's the cross-border payments pitch to investors?
    25:39 - Benji & Dan turn the tables on Justin

    This episode was the second in our series of interviews recorded live from the Fintech in Africa Summit. Our first episode was with the Nigerian Neobanks: https://theflip.africa/podcast/nigerian-neobank-roundtable-moniepoint-kuda-fairmoney

    Episode Links:
    Follow Benji on Twitter
    Follow Dan on Twitter
    Read Benji's Medium post: Are African Remittances Finished?

    Our Links -
    🎥 YouTube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
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  • In this episode, we're joined in a panel conversation with the CEOs of three of Nigeria's biggest digital banks: Moniepoint's Tosin Eniolorunda, Kuda's Babs Ogundeyi, and FairMoney's Laurin Hainy.

    This episode was recorded live from the FT Partners Fintech in Africa Summit in New York City. Download their FinTech in Africa research report, published in March 2024.

    00:00 - Intro
    01:18 - Moniepoint's distribution-first strategy
    02:45 - FairMoney's credit-led approach
    04:46 - Kuda's neobank strategy
    06:48 - Banks, product, competition, expansion
    25:45 - Growth, VC returns
    33:56 - What does success look like?

    Our Links -
    🎥 YouTube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
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    📸 Instagram - https://instagram.com/theflipafrica

  • In our first episode of this series on jobtech platforms and the future of work, we argued that the future of work is a tech-enabled portfolio of work.

    But what does a portfolio of work really look like? And what happens next?

    We know we need to create more formal jobs in Africa, and we need to boost the productivity of the informal sector. But how do we get there?

    Considering the context of the markets in question, the future of work isn’t going to be designed or endowed; it’s going to be bootstrapped.

    00:00 - Intro
    01:17 - Bootstrapping Development
    01:53 - Bootstrapping a portfolio of work
    05:48 - Pathways for jobtech users
    06:45 - This is how development happens

    Watch the first episode of this series on jobtech platforms: https://theflip.africa/podcast/what-we-get-wrong-about-jobs-in-africa

    To learn more about the Jobtech Alliance, visit https://jobtechalliance.com

    Check out last year's podcast series on the future of work: https://go.theflip.africa/future-of-work

    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
    📸 Instagram - https://instagram.com/theflipafrica

  • In January 2024, we hosted a live show in Lagos with The Subtext's Osarumen Osamuyi on the relationship between the tech ecosystem and the media.

    It was a follow-up to a 2020 episode we published entitled Much Ado About the Media.

    A lot of founders still feel the media is acting in bad faith amidst more accountable media coverage. In this episode, we explore this tension and have an important discussion with the ecosystem players themselves.

    00:00 - Intro
    01:22 - Reflecting on 2020's episode
    08:20 - Paga's Tayo Oviosu's founder perspective
    12:20 - TechCabal's Tomiwa Aladekomo's media perspective
    19:04 - What about business models?
    22:20 - Stears Nchedolisa Akuma on subscriptions
    24:58 - Moniepoint's Didi Uwemakpan's marketing perspective
    28:14 - The global perspective from TechCrunch's Tage Kene-Okafor
    30:49 - FT's Aanu Adeoye
    36:20 - How to give local context to a global audience
    42:02 - Local vs. global media
    45:43 - Who keeps the media in check?
    46:36 - Editorial perspectives from TechCabal's Olumuyiwa Olowogboyega
    50:03 - Negative stories about advertising partners
    53:03 - Osarumen & Justin's retrospective

    Much Ado About the Media, part one: https://theflip.africa/podcast/s2e9

    Our Links -
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  • Live from the BIG Summit, a platform hosted by investor and 2x NBA All-Star Baron Davis, at the 2024 NBA All-Star Game, a conversation with three operators connecting Africa to the world through culture and commerce.

    In this conversation, we're joined by Clare Akamanzi, the CEO of NBA Africa, Abdul Karim Abdullah, the Founder and CEO of AfroFuture music festival, and entrepreneur and private equity investor Tuyee Yeboah.

    00:00 - Intro
    02:38 - NBA Africa
    05:32 - AfroFuture
    08:34 - Investing across Africa and the US
    10:55 - Basketball's role in Africa's development
    12:20 - Changing perceptions about the continent
    17:35 - How do we get more investors involved?
    21:20 - African talent


    Episode Links -
    AfroFuture - https://www.afrofuture.com/
    BAL - https://bal.nba.com/
    BIG Summit - https://www.teambig.io/

    Our Links -
    🎥 YouTube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
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  • The African continent has the highest levels of poverty, the lowest levels of formal employment, and its population is going to double in the next 30 years.

    African countries need to create more jobs. But what kinds of jobs? And how?

    What if I told you that the way governments and development organizations are trying to create jobs in Africa is all wrong?

    To make a dent in this problem requires an understanding of the realities on the ground and how that has impacted the preferences of the labor markets in question.

    The future of work, for Africans in particular, is not a formal job but a technology-enabled portfolio of work.

    00:00 - Intro
    01:36 - Informal is normal
    03:14 - A portfolio of work
    05:24 - Using jobtech platforms like Tendo for supplemental income
    08:33 - To what degree can jobtech platforms address the underemployment issues across the continent?

    To learn more about the Jobtech Alliance, visit https://jobtechalliance.com

    Check out last year's podcast series on the future of work: https://go.theflip.africa/future-of-work


    Our Links -

    🔔 Youtube - https://youtube.com/@theflipafrica

    💻 Website - https://theflip.africa

    🐦 Twitter - https://twitter.com/theflipafrica

    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/

    📸 Instagram - https://instagram.com/theflipafrica

  • Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the last episode of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain.

    In this episode, we're exploring ecosystem and capacity building with Jessica Espinoza, the CEO of 2X Global, an organization aimed at unlocking gender smart capital at scale. Jessica chairs the 2X Challenge which has raised more than $27 billion of gender lens investments since its launch at the G7 Summit in 2018.

    00:00 - Intro
    02:10 - Unlocking gender-smart capital at scale
    03:43 - What is gender-smart capital?
    06:46 - Applying the 2X framework to investing
    10:25 - Building the gender-smart investing ecosystem
    19:52 - The primary issue is bias
    22:54 - Mainstreaming gender-smart capital
    25:55 - What is success for 2X Global?
    33:29 - A retrospective conversation with Eloho & Justin


    In Episode 1 of this series, we spoke to the founders: Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders

    In Episode 2 of this series, we spoke to angel investor Yemi Keri, Co-founder of Rising Tide Africa: https://theflip.africa/podcast/this-angel-investor-is-closing-the-gender-funding-gap

    In Episode 3 of this series, we were joined by the fund managers: Alitheia Capital's Tokunboh Ishmael & TLcom Capital's Andreata Muforo: https://theflip.africa/podcast/investing-in-women-is-an-economic-imperative

    In Episode 4 of this series, we spoke to an LP investing in the fund managers: Sam Akyianu, Managing Director of the Mastercard Foundation Africa Growth Fund: https://theflip.africa/podcast/mastercard-foundation-is-investing-150-million-into-20-gender-lens-funds

    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.

    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

    Our Links -

    🔔 Youtube - https://youtube.com/@theflipafrica

    💻 Website - https://theflip.africa

    🐦 Twitter - https://twitter.com/theflipafrica

    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica

    📸 Instagram - https://instagram.com/theflipafrica

  • Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the fourth of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain.

    The Mastercard Foundation Africa Growth Fund is a $150 million fund-of-funds initiative investing in twenty gender lens funds, with a particular focus on closing the financing and support gap for females.

    And in this episode, we're joined by Sam Akyianu, Managing Director of the Mastercard Foundation Africa Growth Fund.

    00:00 - Intro
    01:54 - Investing $150m in 20 vehicles
    08:06 - Fund evaluation & investment decisions
    23:09 - Measuring success
    31:25 - Overmentored and underfunded?
    35:04 - Getting other LPs onboard
    36:43 - A retrospective conversation with Eloho & Justin


    In Episode 1 of this series, we spoke to the founders: Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders

    In Episode 2 of this series, we spoke to angel investor Yemi Keri, Co-founder of Rising Tide Africa: https://theflip.africa/podcast/this-angel-investor-is-closing-the-gender-funding-gap

    In Episode 3 of this series, we were joined by the fund managers: Alitheia Capital's Tokunboh Ishmael & TLcom Capital's Andreata Muforo: https://theflip.africa/podcast/investing-in-women-is-an-economic-imperative

    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.

    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

    Our Links -

    🔔 Youtube - https://youtube.com/@theflipafrica

    💻 Website - https://theflip.africa

    🐦 Twitter - https://twitter.com/theflipafrica

    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica

    📸 Instagram - https://instagram.com/theflipafrica

  • Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the third of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain.

    In this episode, we're joined by the investors. Tokunboh Ishmael is the Co-founder and Managing Partner of Alithea Capital, a $100 million gender lens private equity fund. Andreata Muforo is a Partner at TLcom Capital, an early-stage venture capital fund with a 60% female partnership.

    00:00 - Investing in women is an economic imperative

    02:12 - Introducing Tokunboh

    04:04 - An Alitheia-led thesis

    05:36 - What does gender-lens investing look like in practice?

    11:49 - What about the financial returns?

    13:35 - Impact targets

    17:24 - Are there enough women founders in the pipeline?

    19:54 - Women are over-mentored and under-funded

    23:48 - Is a female investor backing a female founder a negative signal?

    26:53 - What does success look like?

    29:47 - Introducing Andreata

    31:15 - Why is a traditional VC fund like TLcom trying so hard to invest in more female founders?

    33:03 - How VCs make investment decisions

    36:18 - Only 25% of the pipeline has a female co-founder

    40:44 - Is there a fundamental mismatch with VC and gender-lens investing?

    42:31 - What does success look like? Part two

    46:47 - A retrospective conversation with Eloho & Justin

    In Episode 1 of this series, we spoke to the founders: Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders

    In Episode 2 of this series, we spoke to angel investor Yemi Keri, Co-founder of Rising Tide Africa: https://theflip.africa/podcast/this-angel-investor-is-closing-the-gender-funding-gap

    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.

    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

    Our Links -

    🔔 Youtube - https://youtube.com/@theflipafrica

    💻 Website - https://theflip.africa

    🐦 Twitter - https://twitter.com/theflipafrica

    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica

    📸 Instagram - https://instagram.com/theflipafrica

  • Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the second of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain.

    In this episode, we're exploring Angel Networks with Yemi Keri, co-founder of Rising Tide Africa, a women-oriented angel network in Nigeria.

    00:00 - Intro
    01:42 - Rising Tide Africa
    05:06 - Mentoring, Investment, Networking, Education
    07:25 - Growing the pool of female angels
    12:15 - Where are the interventions needed to close the gender funding gap?
    14:13 - Yemi's investment approach
    18:07 - What does success look like?
    22:04 - Exits?
    26:40 - A retrospective conversation with Eloho & Justin

    Episode 1 of this series featured Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders


    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.

    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica
    📸 Instagram - https://instagram.com/theflipafrica

  • Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the first of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain.

    In this episode, we're joined by the founders: Yanmo Omarogbe, the Co-founder and COO of the Nigerian investment platform Bamboo, and Sneha Mehta, the Co-founder and CEO of Uncover, a direct-to-consumer skincare brand in Kenya.

    00:00 - Intro
    02:00 - Yanmo & Sneha's fundraising experiences
    13:19 - If tech companies raise more money, should more women start tech companies?
    19:55 - What does "the ecosystem" need to be doing more of to help female founders?
    25:26 - The added burdens for female founders
    32:18 - What does success look like?
    38:15 - Is money raised the right metric?
    41:36 - The 2% Ceiling
    47:30 - A retrospective conversation with Eloho & Justin


    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.

    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica
    📸 Instagram - https://instagram.com/theflipafrica

  • Today's guest is Aigboje Aig-Imoukhuede, Chairman of Coronation Capital and former Group MD and CEO of Access Bank.

    Aigboje is one of the most successful and esteemed businesspeople on the continent. In 2002, he led the acquisition of Access Bank, which under his 11-year leadership grew into the largest bank in Nigeria and one of the largest in Africa.

    This wide-ranging discussion with the Chairman took place during the 2023 UN General Assembly in New York at an event hosted by the early-stage VC fund Microtraction, in which we were joined in conversation with Microtraction's Founding Partner, Kwamena Afful.

    00:00 - Intro
    02:59 - Banks as vehicles for economic empowerment
    06:28 - Africa's credit gap
    13:08 - Aigboje's view on transition
    16:50 - The infrastructure for Africa's comparative advantages
    19:22 - Africa's risk premium
    25:12 - "Africa will solve its problems when it starts producing in Africa"
    29:54 - Building digital economies
    32:09 - One African currency?
    38:21 - Engendering Africa's potential


    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica
    📸 Instagram - https://instagram.com/theflipafrica

  • Today's guests are Natalie Kolbe, Ngetha Waithaka and Lexi Novitske - Partners of the $205 million growth fund Norrsken22.

    In this episode, we'll talk about investment strategy, valuations, perspectives for the ecosystem, exits, and much more.

    00:00 - Intro
    00:48 - Norrsken22's $205m fundraise
    09:36 - Investment strategy & process
    12:43 - Investing in asset-light marketplaces
    14:37 - Expansion
    18:04 - Investment theses
    27:26 - Macro perspectives
    30:22 - What are the partners focused on and thinking about?
    35:23 - Exits
    40:49 - What does success look like?

    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://www.linkedin.com/company/theflipafrica
    📸 Instagram - https://instagram.com/theflipafrica