African Tech Roundup

African Tech Roundup
  • 4.9 (15)
  • TECHNOLOGY
  • UPDATED BIWEEKLY
African Tech Roundup

Africa-focused technology, digital and innovation ecosystem insight and commentary.

  1. Why Carbon CEO Chijioke Dozie Is Ditching Nigeria's Free Banking Playbook

    2 DAYS AGO

    Why Carbon CEO Chijioke Dozie Is Ditching Nigeria's Free Banking Playbook

    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 experience on investor confidence - Market size challenges in African banking Notable points: 1) Carbon achieved profitability in 2018 and 2019, having raised only $12 million in equity 2) The company has processed loans for over 5 million Nigerians across three economic cycles 3) Nigeria's credit-to-GDP ratio was only 6% compared to South Africa's 70% when Carbon started 4) The company is shifting away from digital-only to include offline touchpoints Be sure to listen out for a particularly candid moment when Dozie reflects on two key decisions made during pivotal moments in Carbon's history—choices he admits he would reconsider if given the chance.

    20 min
  2. Ambar Van Der Wath Unpacks Baobab Network's $20K Toe-Dipping Investment Proposition

    NOV 28

    Ambar Van Der Wath Unpacks Baobab Network's $20K Toe-Dipping Investment Proposition

    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 joining in just the last two years 3. They're actively hunting for founders who didn't go to Harvard (their words, not ours) 4. Sometimes they even manage early exits - Van der Wath shares about a secondary sale just 14 months post-investment Through their innovative batch investment approach, Baobab Network is creating what Van der Wath describes as a "trusted layer" between international capital and African startups. Listen in for her insights on secondary markets. The episode provides valuable insights for anyone interested in African tech investment, especially newcomers exploring the ecosystem for the first time. Image credit: Nerene Grobler via Unsplash

    16 min
  3. Koltronics Nigeria's Lanre Kolade and the inside story of Google's Equiano cable landing in Togo

    NOV 21

    Koltronics Nigeria's Lanre Kolade and the inside story of Google's Equiano cable landing in Togo

    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 returns Notable points: 1. The landmark Google Equiano Cable landing in Togo through CSquared 2. Innovation in blended finance structures combining government, development, and private funding 3. The transformative impact of strategic infrastructure investments 4. The role of patient capital in African digital development Perspectives on emerging technologies like Starlink Listen in for practical insights into infrastructure development, innovative financing, and digital transformation across Africa's evolving technology landscape. Editorial Note: This podcast conversation was recorded at the fringes of NOVACOM Africa 1-to-1 Telco Summit 2024 in Franschhoek, South Africa, where African Tech Roundup's executive producer Andile Masuku attended as an independent media guest. African Tech Roundup maintains complete editorial oversight and is not affiliated with the event organisers.

    20 min
  4. This Is Connectivity a la VC With Accion Venture Lab's Jasiel Martin-Odoom

    NOV 14

    This Is Connectivity a la VC With Accion Venture Lab's Jasiel Martin-Odoom

    This episode features a candid conversation with Jasiel Martin-Odoom, Africa Investment Officer at Accion Venture Lab, exploring the intersection of venture capital and connectivity-focused content creation and ecosystem building in African tech. Episode overview: Andile Masuku sits down with Jasiel Martin-Odoom to unpack his unique approach to ecosystem engagement, scaling personal impact through content creation and driving value for founders across Africa. Reflecting on his experience transitioning from investment banking to fintech-focused impact VC, Martin-Odoom offers actionable insights on building authentic connections in the digital age. Key topics: • Authenticity in digital ecosystem building • Content creation as deal flow mechanism • Impact investing in African markets • The evolution of venture capital engagement • Scaling personal impact through technology • Building sustainable founder relationships Notable points: 1) Martin-Odoom's consistent content creation spanning 792 days 2) His transition from 100 to 11,000 social media followers through authentic at-scale engagement 3) The development of AI-powered content scaling systems 4) Sneak-peek into Accion Venture Lab's investment thesis 5) Perspectives on democratising access to investor insights Listen in for practical insights into modern ecosystem building and venture capital engagement in Africa's dynamic tech landscape.

    33 min
  5. Victor Mapunga On Building From First Principles In Africa's 'Tech Graveyard'

    NOV 7

    Victor Mapunga On Building From First Principles In Africa's 'Tech Graveyard'

    In a landscape where African tech startups often chase buzzwords and quick wins, some founders are taking a more fundamental approach to innovation. This episode explores how one Zimbabwean entrepreneur is building sustainable tech ventures by focusing on first principles. Episode overview: In this deeply candid conversation, Andile Masuku sits down with Victor Mapunga, the widely-covered founder of blockchain-based identity startup FlexID and authorised Starlink satellite internet service provider Shona Prince Technologies, to explore the intersections of digital identity, satellite internet and the future of connectivity in Africa. Drawing from his journey building multiple ventures in Zimbabwe, Mapunga shares hard-earned insights about the realities of African tech entrepreneurship and why solving fundamental infrastructure challenges must precede sophisticated technological solutions. Key topics: • First principles thinking in African tech • The reality of fundraising in emerging markets • Infrastructure challenges and tech innovation • Building products for African contexts • The myth of the founder as hero • Digital identity solutions for emerging markets • Internet connectivity challenges and solutions • The role of stealth mode in building • Startup ecosystem development • The future of African tech infrastructure Notable points: 1. Mapunga reveals that out of 500 VC pitches, fewer than five resulted in investment 2. The discussion explores why African tech needs to solve basic infrastructure before scaling 3. Insights into building FlexID and the challenges of digital identity in Africa 4. Analysis of why many well-funded African startups fail 5. Perspectives on the role of internet connectivity in enabling digital innovation Listen in for raw, unfiltered insights into building technology companies in Africa's challenging but opportunity-rich environment. Editorial Note: This episode was recorded at the fringes of the iFHP Big Ideas Workshop 2024 in Johannesburg, South Africa. While supported by the International Federation of Health Plans (iFHP), African Tech Roundup maintains complete editorial independence, and the views expressed by the host and guests are entirely their own.

    1 hr
  6. Britam Director Shares Strategy on Modernising Insurance for Africa's Digital Age

    OCT 31

    Britam Director Shares Strategy on Modernising Insurance for Africa's Digital Age

    In a rapidly evolving financial services landscape, traditional African insurers are racing to modernise their operations and product offerings to meet changing consumer needs. This episode explores how one of East Africa's largest insurance providers is navigating this transformation. Episode overview: In this first instalment of a special two-part miniseries on digital transformation across Africa's insurance and healthcare sectors, Andile Masuku, sits down with Evah Kimani, director of partnerships and digital at Britam. With over 18 years' experience spanning telecommunications, ICT and financial services, Evah provides unique insights into how legacy insurers are embedding their products into everyday consumer touchpoints. Key topics: • Digital transformation strategies in traditional insurance • Embedding insurance in daily consumer moments • The influence of cultural practices on financial innovation • Product development in the digital age • Partnership strategies for insurance providers • The role of telco in modern insurance • Innovation in East African insurance markets • Traditional vs digital distribution channels • Consumer behaviour and insurance adoption • The future of African insurtech Notable points: 1) Kimani shares how Britam is modernising its product development approach to meet evolving consumer needs 2) The discussion explores how cultural practices like 'chamas' and 'harambees' are shaping financial services innovation 3) Insights into embedding insurance products within everyday activities like buying airtime or hailing rides 4) Analysis of how traditional insurers can compete in an increasingly digital marketplace 5) Perspectives on the intersection of telecommunications and insurance services Listen in for valuable insights into how Kenya's market-leading insurer is adapting to serve the next generation of African consumers whilst maintaining its commercial dominance. Editorial Note: This episode is part of a special two-part miniseries made possible through the support of the International Federation of Health Plans (iFHP). It was recorded at the fringes of the iFHP Big Ideas Workshop 2024 in Johannesburg, South Africa. Whilst supported by iFHP, African Tech Roundup maintains complete editorial independence, and the views expressed by the host and guests are entirely their own. Image credit: Nappy / Unsplash

    30 min
  7. Safaricom Ethiopia's Network Chief on Building Network Infrastructure From Scratch

    OCT 17

    Safaricom Ethiopia's Network Chief on Building Network Infrastructure From Scratch

    In October 2022, Safaricom launched its telecommunications services in Ethiopia, marking a major milestone as the first private operator to enter the Ethiopian telecom market. This move broke the long-standing monopoly of state-owned Ethio Telecom and was seen by many as a significant step towards liberalising the country’s telecom sector. The company had officially been licensed in July 2021, with a record $850 million licensing fee—the largest foreign direct investment in Ethiopia at the time. Safaricom committed to investing around $8 billion over the next decade to build its infrastructure and services, aiming to enhance competition and improve connectivity for millions of Ethiopians. However, Safaricom’s launch did not come without challenges. The rollout faced delays due to socioeconomic and security issues within the country. Initially planned for an earlier start, the company adopted a phased approach, beginning with services in Dire Dawa and targeting expansion to 25 cities by April 2023. That move reportedly saw significant infrastructure investments being made, including the construction of mobile towers and a national transmission network, alongside the importation of over $300 million worth of equipment. Episode overview: Fast forward to October 2024, in this episode of the African Tech Roundup Podcast, Yahya Banafa gives Andile Masuku a behind-the-scenes peek at the challenges and opportunities Safaricom is facing as it continues to establish itself in Ethiopia. He offers a practical perspective on building and deploying modern telecom infrastructure from scratch in a market that’s evolving rapidly. Key topics: • Planning and engineering a mobile network in a new market • Tackling Ethiopia’s unique terrain and altitude challenges • Balancing regulatory hurdles with business goals • Managing unexpected surges in data demand • Forming strategic partnerships within the telecom sector • Exploring the future potential of mobile money services • Optimising network coverage across diverse landscapes • Introducing 5G technology to meet growing demand • Meeting the digital needs of Ethiopia’s younger generation • Addressing competition from new market entrants like Starlink Notable points: Banafa delves into the complex process of network planning, touching on the importance of meeting both regulatory standards and service quality benchmarks. He explains how Safaricom has adjusted its approach to handle Ethiopia’s high-altitude regions and varied geography. The conversation reveals that higher-than-expected demand for data services has pushed Safaricom to accelerate its 5G rollout. There’s also a discussion about the potential of mobile money services in Ethiopia, with insights drawn from the success of M-Pesa in Kenya. Banafa stresses the importance of collaboration across the telecom sector to enhance the customer experience. Listen in for valuable insights into the strategic decisions behind Safaricom’s efforts to establish a cutting-edge telecom network in Ethiopia. It sheds light on how technology, regulations, and market dynamics intersect to shape the country’s digital future. Editorial Note: This interview was recorded at the fringes of NOVACOM Africa 1-to-1 Telco Summit 2024 in Franschhoek, South Africa, where Andile Masuku attended as an independent media guest. African Tech Roundup maintains complete editorial oversight and is not affiliated with the event organisers. Image credit: Gift Habeshaw

    18 min
  8. Future in the Humanities EP 1/3: Touching Brains

    SEP 26

    Future in the Humanities EP 1/3: Touching Brains

    In the opening episode of the Future in the Humanities podcast mini-series, titled "Touching Brains", Wits University research collaborators Sahba Besharati and Victoria Williams let us in on their multidisciplinary exploration of the complex impact of COVID-19 on human interaction and touch. Featuring insights from various studies and discussions around the experiences of parents and caregivers during the pandemic, Andile Masuku (host), examines the significance of physical contact, the resilience of human beings and the potential long-term effects of altered social interactions. Key themes: - Perception of touch across societies: We pose the question: Is touch perceived differently across cultures? This episode examines how various societies interpret and engage in physical contact, influenced by factors like cultural norms and societal structures. - COVID-19 and proximity: We discuss how the pandemic has reshaped perceptions of proximity and touch, as health protocols and safety measures have altered traditional practices and interactions. - Humanities and neurosciences connection: The episode connects the humanities and neurosciences, demonstrating that a greater understanding of localized experiences can enhance rather than challenge universal principles. Most of the world is not 'WEIRD' (Western, Educated, Industrialized, Rich, and Democratic), yet much research in fields like psychology and neuroscience has historically been conducted in WEIRD contexts. This raises questions about the applicability of such research to diverse populations. - Resilience of families: Despite the challenges, we explore the resilience of families in fostering connections during the pandemic and how lockdowns may have strengthened bonds. - Long-term implications of touch: We address the significance of touch in maintaining social relationships and contemplate the potential long-term effects of social deprivation on mental health and development. Learn more: Discover the ongoing research and work being conducted in the field of humanities and neuroscience by visiting the Wits Neuroscience Research Lab: https://www.witsneurl.com Production credits: Produced by Andile Masuku and Iginio Gagliardone Co-produced by Brendan "Spike" Ballantine Written and hosted by Andile Masuku Recording, editing, sound design and mixing by Brendan "Spike" Ballantine

    27 min
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4.9
out of 5
15 Ratings

About

Africa-focused technology, digital and innovation ecosystem insight and commentary.

Information

  • Creator
    African Tech Roundup
  • Years Active
    2016 - 2024
  • Episodes
    349
  • Rating
    Clean
  • Copyright
    © All rights reserved
  • Show Website
    African Tech Roundup

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