Tech Aways Podcast

Ephraim Modise

Welcome to Tech Aways, a podcast that explores startups and technology in the Southern African region. techaways.substack.com

  1. Nkahiseng Ralepeli: How digital assets are ushering in a new era of banking in Africa

    4D AGO

    Nkahiseng Ralepeli: How digital assets are ushering in a new era of banking in Africa

    There is a convergence that is happening in Africa’s banking ecosystem. Banks, which were originally seen as the subjects of disruption driven by the emergence of digital assets such as cryptocurrencies, stablecoins and tokenised assets, are embracing them. Traditional finance and decentralised finance, once thought to be sworn enemies, are forming new use cases which are addressing some longstanding pain points in Africa’s banking ecosystem. For example, over the last half-decade, stablecoin adoption at the retail level has seen explosive growth, with Africans using them for facilitation of remittance payments and hedging against volatile local currency movements. And now Absa, one of the largest banks on the continent, is expanding its stablecoin offering to its corporate and investment banking clients, with services including treasury management and cross-border payments facilitation. Beyond stablecoins, the bank also offers tokenisation services, including token origination and asset tokenisation, with further use cases, including an Absa stablecoin, a future possibility. In this episode, Nkahiseng describes the various elements of Absa’s stablecoin and tokenisation plays, the rate and state of adoption, and his thoughts on the growth of digital assets on the continent. You can follow Nkahiseng on LinkedIn here. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit techaways.substack.com

    30 min
  2. Zachariah George: From a career on Wall Street to backing Africa's early stage startups

    APR 7

    Zachariah George: From a career on Wall Street to backing Africa's early stage startups

    Zachariah George is a lot of things. He is a guitarist, pianist and vocalist, has been to over a hundred countries, holds a Stanford MBA and is a member of MENSA, meaning he has an IQ score at or above the 98th percentile. In Africa’s tech startup ecosystem, Zach is known as the managing founder of Launch Africa Ventures, one of the most prolific early-stage VC investment firms on the continent. He is also a prominent angel investor and was part of the formation of some of Africa’s revered accelerators, including Startup Bootcamp. The story of how he got into Africa’s tech ecosystem is as interesting as his profile. After concluding his career on Wall Street, which included a stint at Lehman Brothers, the first domino piece to fall in the 2008 financial crisis, he wanted to spend his life making a difference instead of just closing deals in Lower Manhattan. A trip to the 2010 World Cup proved to be the puzzle piece that would set Zach on a path to backing some of Africa’s most innovative startups. Realising that Africa’s ecosystem had the potential to undergo a growth spurt similar to that in India and Latin America, he packed his bags and headed south, settling in Cape Town. The rest, as they say, is history. In this episode, Zach reflects on the early days of VC in Africa, including the important role of accelerators and support from corporates, his investment strategy across his angel investments and at Launch Africa, the current state of early stage VC in Africa and what the future holds! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit techaways.substack.com

    43 min
  3. Louis Manu: After Showmax, what does the future of streaming in Africa look like?

    MAR 24

    Louis Manu: After Showmax, what does the future of streaming in Africa look like?

    A fortnight ago, Showmax, which for the last ten-plus years had been pan-African broadcaster Multichoice’s answer to the arrival of global streaming platforms on the continent, shut down. Canal+, Multichoice’s parent company, pointed to the streaming platform’s not-so-pretty financials as the reason for pulling the plug. With Showmax gone, which was the closest Africa-born competitor to Netflix at least from the POV of budget spend, what will become of the continent’s streaming landscape? While Showmax has always grabbed the headlines as Africa’s forefront streaming platform, several other streamers have amassed millions of users by telling African stories. One of those is Wi-flix, founded in December 2020 by Ghananians Louis Manu and Bright Yeboah. Now boasting over 4 million users and a goal to reach 10 million in the next three years, Wi-flix’s focus on an African and mobile-native audience seems to be paying dividends. In this conversation, Manu reflects on the early days of Wi-flix, which included trying to convince telcos that the soft bundling strategy would drive data sales while also convincing content creators that the revenue-sharing model was the right approach. He also comments on the current state of streaming on the continent, including the implications of Showmax's exit and the insatiable appetite for African stories globally. On the future of streaming, he touches on what business models are going to look like as well as the competitive environment. You can connect to Louis on LinkedIn here. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit techaways.substack.com

    51 min

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Welcome to Tech Aways, a podcast that explores startups and technology in the Southern African region. techaways.substack.com