Overview: Today, we’re going to atlk about Afrobbility. We’ll explore the Afrobility story across following ares.
This episode was recodred on June 8 and !4, 2015
Companies discussed: All of them – Jumia. Flutterwave, Paystack, ANnela, Chiper Cash, Safarucom, Wave, Reliance Health, M-Kopa, Naspers, Interswitch, Kuda, Yoca, Tyme Bank and many more.
Business Concepts discussed: Asset-backed Financing, Microfinance Lending, Super App Strategy, Buy Now Pay Later (BNPL), Digital Wallets and Payment Solutions, B2B E-commerce, Corporate Venture Capital, Incubation, Financial Inclusion, Banking Infrastructure, Payroll Lending, Salary Advances, Agent Banking Networks, Revenue Models in Fintech, International Expansion
Olumide’s recommendations & small wins:
Interested in investing in Africa Tech with Olumide: Read about Adamantium fund & contact me at olumide@afrobility.com. Founders looking for funding: If you’re a B2B founder working on Education, Health, Finance or food, please contact me for funding at olumide@afrobility.com
Checkout my FIREDOM book = FIRE (Financial Independence, Retire Early) + Freedom = personal finance and financial independence book. Website, Read: Substack Newsletter & Buy: Print, eBook or Audiobook)
Recommendation: The Intel Trinity: How Robert Noyce, Gordon Moore, and Andy Grove Built the World’s Most Important Company: Solid book about the story of Intel, the microprocessor, and the Silicon Valley industry, focusing on Robert Noyce, Gordon Moore, and Andy Grove
Recommendation: Nexus: A Brief History of Information Networks from the Stone Age to AI (by Yuhal Noah Harari): Nexus is a solid book that I would recommend, especially if you enjoyed his previous works like Sapiens. While it may not appeal to everyone, particularly those who didn’t enjoy his other books, it’s an engaging read that offers a counterpoint to views like Marc Andreessen’s, particularly on AI’s future impact.
Recommendations: Awardtool and PointsYeah: Help you find award bookings but with a better user experience. For example, if you want to fly from Lagos to Paris, you might use Google Flights or Kayak for cash fares, but for award bookings with points, you’d traditionally need to visit individual airline sites like United.
Small win: I found a way to host my website on GitHub pages for free instead of paying Squarespace outrageous fee. Started doing yoga and stretching exercises every morning