Recently, I finished Making: "A Parametric Guarantee Insurance Based Asset Management Platform"
Made for the sole purpose of mitigating investment risk on the African continent and lowering the investment premium.
#DLT and #Blockchain in finance and corporations are the future
Sipho Chakhala, Southern African Ambassador at The Realistic Optimist, joins #AFTSKIGALI26 as a speaker!
With expertise in market analysis, strategic consulting, and Web3, Sipho brings fresh perspectives on Africa's startup and fintech ecosystem.
#AfricaFintech
Only 16 African companies make $1 billion in net income.
@Ibrahimsagna wanted to know what those 16 have in common.
So he studied them.
Every single one exports something.
→ Oil, gas, phosphate, minerals
→ Phone conversations and data: MTN
→ People: Ethiopian Airlines
→ And the banks on the list? They export money.
His conclusion: to build an enduring company in Africa, you must export.
@In_TheValley
@louisfurt@Ibrahimsagna In a very real way, he was not wrong, in the current African landscape, for the short and probably long term, success is in providing basic manufacturing, value addition, and services. (Services outside software, specifically). Software will always be major, but oil is oil fr
@davidsenra A bit on the toxic side, but the results speak for themselves. Most would say this is even above the ideal founder personality, these types do always find a way to win, always.
Alot of African founders have a mentality like this. Infact some are evne more intense about it.
@matt_huang21 👏👏👏 It's always wonderful to see the success of your clients from your own services. Looking forward to more updates on your ventures' success!
@jackprandelli African industrialisation will happen one way or another. The firms prioritising adjacent investments that make use of value addition, cheaper energy reqs, lower institutional gaps, will be the most successful.
The pipeline is the start of a major trend in transnational projects
There are now 2 kinds of people:
- people who use AI to automate workflows and are somewhat obsessed with it
- people who use GPT to chat as a replacement for search
The gap between them is widening daily.
@a16z Not true if one is cognizant of unicorns. Unicorns come from the technically savvy. You need a technical proprietary edge.
Add to this the systems based thinking developers have. His point is still interesting, though.
CV VC continues its growth in the UAE 🇦🇪; we have acquired Elixir Capital, an Abu Dhabi-based accelerator, to support early-stage founders building across blockchain, AI, and the digital economy in and from the UAE.
More details here: https://t.co/bPnsa4WaR1
I don't blame the Vibe Coders in the African startup ecosystem. However, one has to wonder how much legal rights AI companies have over the produced projects/apps. If you recieve great inspiration/guidance from an AI agent over time, does the company get to claim your IP? ouch...