African Tech Round-Up

Episode overview: Prince Nwadeyi spent years providing market research that unlocked South Africa's R600 billion (~USD 34.4 billion) informal economy for blue-chip clients. The likes of Swiss Re, Liberty, NASPERS all wanted the insights. Few wanted the execution risk. In conversation with Andile Masuku, Nwadeyi explains why his holding company SAG Ventures stopped selling insights and started building businesses. From Mustard Finance Group (formerly Setana Capital) providing working capital to township spaza shops (micro convenience stores), to Purchase Pal embedding funeral cover into everyday groceries, Nwadeyi's ventures share a common thread: aligning incentives across entire value chains whilst playing a longer game than quarterly-focused corporates can stomach. His journey from UCT postgrad researcher to operator deploying millions in credit with a claimed 99.9% repayment rate offers a masterclass in strategic patience and the power of granular consumer understanding. Key insights: - On why insights

Episode overview: April Long spent two years fighting reality. The co-founder and CEO of "Afro-Asia Cross-border payment infrastructure" startup Pyxis was so determined to serve Africa's small merchants - the "bottom of the pyramid" she'd read about in Harvard Business Review - that she nearly bankrupted her fintech ignoring the bulk traders actually driving Africa-China trade. In conversation with Andile Masuku, Long delivers uncomfortable truths about impact theatre versus impact reality. Her journey from receiving President Xi Jinping in Tanzania at 23 to finally accepting who actually moves goods between Africa and China at 35 offers a masterclass in entrepreneurial humility. Key insights: -On impact delusions: "I used to defend, I was like, 'No, no, no, no, no. It's that you don't get to this market.'" Long admits she lived in a bubble, desperately wanting to believe SMEs were ready for direct China trade. The truth? "90% of African trade is still happening in a more traditional way" - through the aggr

Episode overview: Andrew Hall faces a unique challenge: building profitable telecommunications infrastructure across one of Africa's largest countries with one of its smallest populations. As managing director of Paratus Namibia, Hall oversees operations spanning vast distances where traditional business models struggle to pencil out. Andile Masuku invites Hall to share on the realities of building networks where "you'll see three fibres running next to the road" instead of shared infrastructure, why COVID accelerated their consumer business, and how recent oil discoveries are reshaping Namibia's economic landscape. Key insights: - On geographic challenges: Namibia's vast distances and sparse population create unique infrastructure economics where covering remote areas requires careful return-on-investment calculations across extended payback periods. - On competitive landscape: Operating alongside two state-owned enterprises creates complex market dynamics where regulatory considerations and different orga

Episode overview: Bernard Laurendeau has a mission: to stop African business leaders from asking for "patient capital." The Ethiopian-French management consultant, now operating from Tokyo, believes this standard pitch fundamentally misunderstands how global investment works and fails African markets. It's a contrarian stance from someone who's spent 15 years advising Fortune 50 clients and building institutions across three continents. After co-founding Arifpay, Ethiopia's first licensed Payment System Operator, and serving as senior advisor to Ethiopia's jobs creation commission, Laurendeau has repositioned himself in Japan's corporate heartland with Laurendeau & Associates and Enkopa Lab. From his Tokyo base, Laurendeau delivers what he calls "execution horsepower" to both African governments and Japanese corporations seeking African market entry. His client portfolio spans Google and Cisco to UAE's Ministry of Finance, applying strategic frameworks honed at BNP Paribas to emerging market challenges. Ke

Episode overview: Guidione Machava has a confession: he's tired of being called an "African designer." The Mozambican product designer, now based in France and fresh from stints at Shopify and Paris-based 23point5, reckons that geographic qualifiers automatically strip away a third of your professional value before you've even started. It's a provocative stance from someone who's built his career bridging African markets and global tech giants. Since launching- MozDevz - Mozambique's largest developer community - over a decade ago, Machava has been methodically executing what he calls his "Maria Sharapova strategy": a systematic approach to becoming world-class that he lifted from a Tim Ferriss podcast. The strategy worked. From building communities across six African countries to creating a business directory that attracted 300,000 SMEs, to founding Kabum Digital (Mozambique's leading tech publication), Machava has consistently punched above his weight class. His secret? "Piggybacking" on successful people

Episode overview: In this conversation, South African strategist Wabo Majavu, executive strategy and business operations leader at Africa Data Centres, unpacks how technical expertise at organisations like MTN and Intelsat laid the foundation for her distinctive approach to strategic leadership and digital activism. From building radar applications at the CSIR to optimising cellular networks through late-night, township-sourced sheep's head dinners with seasoned veteran technicians, Majavu's journey illustrates how hands-on technical experience and savvy adaptation becomes the bedrock of strategic thinking. She discusses navigating workplace discrimination, helping transform organisational culture at state-owned Sentech, and her prescient work in AI before it became a global phenomenon. Andile Masuku explores with Majavu how strategists shape a company's future direction, the delicate balance between commercial viability and digital inclusion, and her current mission to democratise coding through native Af

Episode overview: In this conversation, Verto co-founder and CEO Ola Oyetayo shares the journey of building a cross-border payments platform that tackles the unique challenges African businesses face when making international transactions. Since graduating from Y Combinator in 2019, Verto has established itself as what Oyetayo describes as a profitable and cashflow positive fintech serving multiple African markets. Incidentally, the company recently made headlines after winning the prestigious $1 million Milken-Motsepe Prize in FinTech. He discusses his team's pragmatic approach to addressing payment barriers in emerging markets, why traditional financial institutions have failed to serve these regions effectively, and how technology can disrupt traditional banking networks that have historically excluded certain markets. Andile Masuku engages Oyetayo on the evolution of fintech in Africa, the role of privilege and networks in business success, and the future potential of stablecoins to revolutionise cros

Episode overview: In this conversation, David Ogundeko shares the journey of Funema, an impact-focused alternative investment firm operating for nine years across Nigeria, South Africa, and the US. He discusses his approach to venture building for early-stage founders, why Africa needs a unique investment approach, and how his firm addresses the "chicken and egg" challenge that idea-stage founders face: needing traction to raise funds while needing the right talent to gain that traction. Andile Masuku engages Ogundeko on the evolution of venture building in Africa, from being "mocked" five to six years ago to now becoming an essential element in the ecosystem. Throughout the conversation, Ogundeko makes a compelling case for why Africa's tech ecosystem requires patient capital with 15-25 year horizons rather than traditional 10-year VC fund lifecycles. Key topics: - The evolution of Funema's venture building model over nine years - Why service-based businesses can evolve into stronger tech companies - Misal

Meet Marie Lora-Mungai, expert advisor in African creative industries and sports business and founder of Restless Global - whose 20-year journey from CNN journalist to production company founder to industry advisor gives her a unique vantage point on Africa's creative economy. In thought-provoking conversation with Andile Masuku, Lora-Mungai makes a compelling case for African filmmakers to stop seeking funding for traditional productions and instead leverage AI tools to create content independently. Episode overview: The discussion stems from Lora-Mungai's viral Linkedin post warning African filmmakers about AI disruption. She points to a jarring disconnect: while some creators are still trying to raise millions for conventional productions, others are creating professional-quality content using AI tools on a laptop. The conversation explores how this technological shift is redefining what it means to be a filmmaker in 2025 and beyond. Key topics: - The widening gap between traditional film projects a

Episode overview: In this conversation, Fatu Ogwuche shares insights into her transition from working at Meta and consulting for Nigeria's Electoral Commission to launching her own media platform, Big Tech This Week. She discusses her entrepreneurial spirit, creative approach to storytelling, and the unique position independent creators hold in today's media landscape. Andile Masuku describes Ogwuche as "low-key the industry's head of intelligence" - a title earned through her knack for asking the right questions, journalistic research methods, and ability to get people comfortable enough to share meaningful insights about the African tech ecosystem. Key topics: - Transitioning from corporate roles to independent media ownership - The power of personality-driven content creation - Building authentic connections with interview subjects - Research as a foundation for compelling storytelling - The growth and evolution of Africa's tech media landscape - The balance between reporting ecosystem challenges and ce

This episode features an engaging conversation with Rob Bergman, Chief Investment Officer at Unicorn Factory, exploring the nuanced intersection of digital infrastructure investment and internet connectivity ecosystem development across Africa. Episode overview: Andile Masuku engages with Bergman to unpack his 12-year journey in African investment, examining how Unicorn Factory's distinctive two-pillar approach combines operational expertise with strategic advisory and deal brokering services to accelerate digital infrastructure development across the continent. Bergman reflects on his transition from traditional M&A in Europe to impact-driven infrastructure investment in Africa through Unicorn Factory, a family office and permanent capital vehicle focused on long-term investments across four main business segments, including digital infrastructure and communication technologies. He advocates passionately for his firm's vision for a highly-collaborative and mutually-beneficial carrier neutral setting for di

Episode Overview: This episode features a relaxed, peer-to-peer conversation between two media entrepreneurs—African Tech Roundup co-founder and executive producer Andile Masuku, and Money & Moves founder and writer Tinashe Mukogo. They explore how Mukogo draws on his background in consulting (Deloitte), corporate venture capital (Next47), and organisational finance (Siemens), along with his CA and INSEAD MBA credentials, to deliver sophisticated yet accessible analysis of African businesses. What starts as an origin story and a look into his approach to business journalism expands into a deep dive on turning media assets into sustainable businesses. Mukogo and Masuku explore strategic considerations, revenue model challenges, and innovation opportunities in building independent media ventures that balance public interest with commercial viability. Key topics: - Leveraging corporate experience for credible financial analysis - Strategic approaches to finding and maintaining "blue ocean" market positions

Episode Overview: This episode features a deep conversation with Joshua Bicknell, co-founder of Balloon Ventures, exploring how the organisation evolved from a non-profit connecting young people with informal entrepreneurs to becoming a financial institution that's deployed over $14 million in loans to SMEs across Kenya and Uganda, while openly sharing portfolio data to prove the viability of SME lending as an asset class. Key topics: - The false gospel of universal entrepreneurship - Defining and creating "good jobs" - Blended finance and return expectations - The power of boring businesses - Data transparency in impact investing - Cash-based economies and digitalisation Notable points: 1. Their portfolio businesses represent 8% of Eastern Uganda's GDP—approximately 0.5% of the country's total GDP 2. The institution provides loans of $10,000-$200,000 bundled with 6 months of business support 3. They're helping validate that SME lending can be viable with the right approach to data and risk 4. Their model

This episode features a brief check-in with Ochuko Ogra, Chief Transformation and Strategy Officer at Backbone Connectivity Network (BCN), sketching Nigeria's digital infrastructure landscape. Episode overview: BCN has over 1,000 km of wholly-owned fibre infrastructure, primarily in the North-Central and North Eastern parts of Nigeria. Citing its stronghold in Northern Nigeria to its expanding national footprint, Ogra shares how BCN is leveraging its two decades of experience in Nigerian telecommunications to drive the country's digital transformation agenda. Key insights: - Nigeria currently has 8 subsea cables landing in the country - The country's 200+ million population presents significant opportunities across retail and enterprise segments in country and to its West African neighbours - A young, digitally-native population is driving content creation and digital service adoption - BCN's approach emphasises customer value creation across both enterprise and end-user segments - The company's strong pre

Listen in as Alan Knott-Craig Jr, son of Alan Sr, the pioneering co-founder and first CEO of Vodacom, one of South Africa's leading mobile network operators, and later the feisty CEO of challenger telco Cell C—takes us through a transformative career moment that set the stage for his future ventures. Episode overview This early 2016 conversation finds Alan Knott-Craig Jr in a moment of trademark forthrightness. Fresh from his tenure as CEO of Mxit, once Africa's largest social network with over 50 million registered users, he was already building Project Isizwe, a non-profit bringing free public Wi-Fi to South African townships, while laying the groundwork for HeroTel—reportedly the country's largest fixed wireless internet service providers. His journey would later lead to founding FiberTime, his current venture bringing pay-as-you-go fibre internet to townships through an innovative voucher-based model—an offering in a growing field of players serving underserved communities. Critical points - The fascina

Episode overview This unfiltered 2017 archive dialogue captures Maya Horgan Famodu (Founder and Partner, Ingressive Capital) before she became known for straight-talking LinkedIn posts about founder insights and personal growth. Fresh from investment banking, she was forging new pathways between Silicon Valley capital and African startup innovation via carefully-curated investor tours—laying the groundwork for the launch of Ingressive Capital's investment months later. Listening back, you can hear how the same independence and non-traditional EQ that helped a "small girl from a trailer park" believe she could launch a VC fund was already shaping her vision. Critical points - The early signs of the independent thinking that would later become her trademark - How her unconventional background shaped her approach to investment - Why bridging Silicon Valley and African tech required a translator's insight - The unexpected ways growing up between worlds prepared her for building cross-cultural understanding W

As we wind down 2024, we're diving into our archives to serve up some memorable throwback conversations. Whether you're a long-time listener revisiting these gems or discovering them for the first time, these conversations capture pivotal moments in Africa's tech journey. In today's episode, we're rewinding to 2018... Episode overview: Join us as we eavesdrop on a fascinating corridor conversation from Afrobytes Tech Marketplace in Paris featuring Amadou Daffe, who has since transformed Gebeya from an Ethiopian tech talent marketplace into a pan-African hybrid organisation connecting African developers with global opportunities, and Adewale Yusuf, who went from leading the tech media platform Techpoint to founding AltSchool Africa, which is now expanding online tech education from Africa into Europe. What makes this chat particularly relevant today is how it foreshadowed Ethiopia's emergence as a tech talent powerhouse and Nigeria's developer compensation dynamics. Critical insights: 1. The "Andela Effect

Meet Chijioke Dozie, the co-founder steering Carbon through Nigeria's increasingly noisy neobank scene. In this candid chat with Andile Masuku, Dozie makes a case for zigging while others zag—specifically, charging for value while competitors burn cash on free services. It's a stance that might raise eyebrows in Nigeria's price-sensitive market, but as you'll hear, it's backed by 12 years of hard knocks and savvy iteration. Episode Overview: Carbon spotted a massive gap in Nigeria circa 2012 - imagine a market of 180 million people where barely 200,000 had credit cards. It's the kind of statistical disparity that makes you do a double-take. The conversation reveals how this reality shaped Carbon's contrarian approach to building a licensed digital bank in Africa's largest economy. Key topics: - The distinction between neobanks across different markets - Trust-building in digital banking through institutional frameworks - The evolution from free services to value-based pricing - The impact of founder expe

Ambar van der Wath—who leads investor relations at one of Africa's leading accelerator slash VC firms, Baobab Network—discusses with Andile Masuku how the firm is creating accessible entry points for cautious investors interested in early-stage African tech startups. Episode Overview: Picture this: You're an international investor curious about African tech, but you're not quite ready to write million-dollar checks or commit to a 7-year fund lockup. That's exactly the puzzle Baobab Network is solving with their new-ish investment vehicle - allowing investors to back a batch of startups for as little as $20K. Key topics: Innovation in early-stage investment vehicles Market education and investor development Secondary markets and exit opportunities Equity considerations for early-stage founders The strategic role of venture debt Risk management across African markets Notable points: 1. Baobab Network is spreading bets across 16 markets (and counting) 2. Their portfolio has hit 60 companies, with half joinin

This episode features an illuminating dialogue with Lanre Kolade, Chairman of ConnectedCompute, CEO of Koltronics Nigeria and former CEO of CSquared, exploring the intricate dynamics of infrastructure development and digital transformation across Africa. Episode overview: Andile Masuku engages with Kolade to unpack his 26-year journey in African broadband connectivity, examining the delicate balance between commercial viability and developmental impact in major infrastructure projects. Kolade shares profound insights on building sustainable digital infrastructure in African markets as he reflects on his experience leading groundbreaking initiatives at CSquared, including the Google Equiano Cable landing in Togo in 2022. Key topics: • Blended finance models for infrastructure development • Digital colonisation and sovereignty • Public-private partnerships in African markets • Infrastructure's role in ecosystem development • Patient capital versus commercial funding • Long-term impact versus short-term retur