AfricArena Podcast with Patrick Craig AfricArena, X Venture Lab

The Grand Summit Spotlight: Every year, AfricArena invites the key tech investors in Africa to connect and workshop around their main challenges. More than 100 investors, from Africa, Europe and Asia decent upon Cape Town to attend our annual Grand Summit.

 Since its inception in 2017, AfricArena has been a platform dedicated to supporting the creation of market access and investment opportunities for its ever-increasing community of founders, angels, corporates, and VC investors.

Designed with a digital approach in mind, AfricArena consists of a series of investment deal flow events and interventions and an open-source platform for all stakeholders, all based on principles of open innovation and entrepreneurship.
 
The AfricArena brand has rapidly gained enormous credibility in the tech startup ecosystem with alumni startups having raised over $450million in the past 5 years.

This year, AfricArena will again host its sixth annual Grand Summit in Cape Town from the 8th - 9th of November 2022. The Grand Summit will be preceded by 2 events, the Founders Bootcamp and the VC Unconference Weekend.
The AfricArena Summit events are broken into 3 segments as follows: 

Investor Unconference, Founders BootCamp, and the main Summit Event.

The summits provide open innovation challenges, research, and deal-flow services to help accelerate the work of founders, investors, and corporates,

At AfricArena, we strongly believe in the power of providing a platform that fosters bright and forward-thinking minds to network, get inspired and co-build a stronger tech startup investment ecosystem for Africa.



The Unconference is an annual event that takes place in Cape Town, South Africa the two days before the Summit. It brings together local and international investors with the aim to enhance the way that investing is done in the continent.

This year it will be held from the 5th - to 6th of November



Our Startup Bootcamp is a  private workshop dedicated to selected startups from across the Countries will be pitching at the AfricArena Summit. It aims to create strong connections, peer-to-peer learning between the entrepreneurs, training and equipping startups with the necessary tools and knowledge to prepare them to showcase and effectively deliver high-quality, concise and engaging pitches to the right audience.

In partnership with incubators, accelerators, investors and our alumni community, we are able to spot promising companies tacking some of the biggest challenges of the continent. Taking part in AfricArena is free for the few selected startups and most of them manage to secure new partnerships, funding or business contracts through the meetings and exposure they receive during the Summit.



AfricArena presents an opportunity to explore tomorrow’s trends today by showcasing some of Africa’s most innovative startups and connecting them with investors, corporates and enablers to accelerate their growth. 

We strongly believe in the power of providing a platform that fosters bright and forward-thinking minds to network, get inspired and co-build a stronger tech startup investment ecosystem for Africa. 

This episode is a showcase episode on one of our ecosystem partners FMO, the dutch entrepreneurial development bank about their Ventures Program - a EUR 200 million investment program supported by contributions from the Ministry of Foreign Affairs of the Netherlands and a guarantee from the European Union with a 4-year investment period.

We caught up with Robert Haynie and Marike Roestenberg at our Dakar Summit to see what brought them to Senegal and what they're up to.

Hello beautiful people, welcome to Season 6 of the AfricArena Podcast, and what an epic journey its been.

To kick off this season, I’m going to take us back to Dakar, to the beautiful conference space at hotel Terrou bi where we hosted our latest West African Summit.

Throughout the conference I chatted various stakeholders in our ecosystem to gather their insight into on what’s happening on the ground in this exciting frontier tech ecosystem, of Dakar.

Massive thanks to our partner's DER, La Délégation Générale à l'Entreprenariat Rapide, International Trade Centre, Amazon Web Services, and our greater partner network for making this summit happen. If it wasn’t for all of you, we wouldn’t be sharing this all with you today.

In this episode we’re going to unpack what it is that makes the West African ecosystem so exciting and specifically what is happening on the ground in Dakar. I chatted to Tidjane Deme, Mareme Dieng, Zachariah George, Mohamed Karar and Hangwi Muambadzi. We’re going to deep dive into what made them come to Dakar, why they’re excited about it.

If you’re curious about this region, perhaps this episode will give you some further insight into why it’s worth taking seriously.

So let’s get stuck in shall we.

Today we caught up for a brief chat with Kohei Muto, the CEO, Founding Partner at Double Feather Partners one of AfriCArena's partners for the investor unconference part of the grand summit.

Double Feather Partners is a corporate finance & strategic advisory firm with a VC Investment arm providing comprehensive support to innovative African companies with strong social impacts.

We managed to catch Kohei after the unconference to get his views on the ecosystem and hear what they are up to/.

Today, we're sitting with Sacha Haider who is an investment associate at Global Ventures. Global Ventures is an international venture capital firm, investing in founders and ideas across emerging markets. They back global-minded founders that are leading growth-stage companies and using technology to transform emerging markets and the world. Global Ventures is made up of a super great team of a diverse, collaborative, talented, and curious group of professionals who, combined, have years of experience and expertise building and scaling companies.

We caught up with Sacha at our Grand Summit in Cape Town to unpack her latest developments on the continent in regards to their Africa-focused funds and get her to take on the ecosystem.

Today, we're sitting with Papa Amadou who is the Minister, General Delegate for Entrepreneurship in Senegal, an initiative called the DER.

The DER is a fund of 30 billion FCFA ($50 million USD) launched by the President of Senegal to catalyze entrepreneurship all around [Senegal](https://www.ictworks.org/tag/Senegal/), targeting youth up to 40 years and women from 18 years old and up, with no age limit.

Announced in Sept 2017 and formally launched in April 2018, the fund offers four main types of [entrepreneur financing](https://www.ictworks.org/funding-sources-african-entrepreneurs/). The most innovative are the latter two:

1. Small Financing: focusing on “smaller, simple economic projects”
2. Incubation funding: funding incubation, empowerment, or training programs for young entrepreneurs
3. Equity financing: a corporate finance fund that will offer capital in exchange for equity in a young company, that is validated by external DER partners
4. Low-interest loans: at 4-5% interest rate with a specific focus on certain clustered economic activities or certain value chains