75 episodes

The Flip is an editorial-style podcast exploring contextually relevant insights from entrepreneurs and investors changing the status quo in Africa. The name The Flip comes from the opportunity to flip the script – question some of the pervasive narratives on entrepreneurship, challenge the ubiquity of Silicon Valley thought leadership, and champion the entrepreneurs building a future inspired by Africa. Produced and hosted by Johannesburg-based entrepreneur and American expat Justin Norman. Sayo Folawiyo is the executive producer and b-mic.

The Flip The Flip Media

    • Business
    • 4.9 • 19 Ratings

The Flip is an editorial-style podcast exploring contextually relevant insights from entrepreneurs and investors changing the status quo in Africa. The name The Flip comes from the opportunity to flip the script – question some of the pervasive narratives on entrepreneurship, challenge the ubiquity of Silicon Valley thought leadership, and champion the entrepreneurs building a future inspired by Africa. Produced and hosted by Johannesburg-based entrepreneur and American expat Justin Norman. Sayo Folawiyo is the executive producer and b-mic.

    What We Get Wrong About Jobs in Africa

    What We Get Wrong About Jobs in Africa

    The African continent has the highest levels of poverty, the lowest levels of formal employment, and its population is going to double in the next 30 years. 

    African countries need to create more jobs. But what kinds of jobs? And how? 

    What if I told you that the way governments and development organizations are trying to create jobs in Africa is all wrong? 

     To make a dent in this problem requires an understanding of the realities on the ground and how that has impacted the preferences of the labor markets in question. 

    The future of work, for Africans in particular, is not a formal job but a technology-enabled portfolio of work. 

    00:00 - Intro01:36 - Informal is normal03:14 - A portfolio of work05:24 - Using jobtech platforms like Tendo for supplemental income08:33 - To what degree can jobtech platforms address the underemployment issues across the continent?

    To learn more about the Jobtech Alliance, visit https://jobtechalliance.com

    Check out last year's podcast series on the future of work: https://go.theflip.africa/future-of-work
    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica  
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://linktedin
    📸 Instagram - https://instagram.com/theflipafrica

    • 11 min
    Unlocking Gender-Smart Capital At Scale (2X Global's Jessica Espinoza)

    Unlocking Gender-Smart Capital At Scale (2X Global's Jessica Espinoza)

    Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the last episode of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain. 

    In this episode, we're exploring ecosystem and capacity building with Jessica Espinoza, the CEO of 2X Global, an organization aimed at unlocking gender smart capital at scale. Jessica chairs the 2X Challenge which has raised more than $27 billion of gender lens investments since its launch at the G7 Summit in 2018.

    00:00 - Intro02:10 - Unlocking gender-smart capital at scale03:43 - What is gender-smart capital?06:46 - Applying the 2X framework to investing10:25 - Building the gender-smart investing ecosystem19:52 - The primary issue is bias22:54 - Mainstreaming gender-smart capital25:55 - What is success for 2X Global?33:29 - A retrospective conversation with Eloho & Justin
    In Episode 1 of this series, we spoke to the founders: Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders

    In Episode 2 of this series, we spoke to angel investor Yemi Keri, Co-founder of Rising Tide Africa: https://theflip.africa/podcast/this-angel-investor-is-closing-the-gender-funding-gap
    In Episode 3 of this series, we were joined by the fund managers: Alitheia Capital's Tokunboh Ishmael & TLcom Capital's Andreata Muforo: https://theflip.africa/podcast/investing-in-women-is-an-economic-imperative
    In Episode 4 of this series, we spoke to an LP investing in the fund managers: Sam Akyianu, Managing Director of the Mastercard Foundation Africa Growth Fund: https://theflip.africa/podcast/mastercard-foundation-is-investing-150-million-into-20-gender-lens-funds

    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.
    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). 
    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica  
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://linktedin
    📸 Instagram - https://instagram.com/theflipafrica

    • 37 min
    The Mastercard Foundation is Investing $150 Million into 20 Gender Lens Funds

    The Mastercard Foundation is Investing $150 Million into 20 Gender Lens Funds

    Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the fourth of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain. 

    The Mastercard Foundation Africa Growth Fund is a $150 million fund-of-funds initiative investing in twenty gender lens funds, with a particular focus on closing the financing and support gap for females. 

    And in this episode, we're joined by Sam Akyianu, Managing Director of the Mastercard Foundation Africa Growth Fund.

    00:00 - Intro01:54 - Investing $150m in 20 vehicles08:06 - Fund evaluation & investment decisions23:09 - Measuring success31:25 - Overmentored and underfunded?35:04 - Getting other LPs onboard36:43 - A retrospective conversation with Eloho & Justin
    In Episode 1 of this series, we spoke to the founders: Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders

    In Episode 2 of this series, we spoke to angel investor Yemi Keri, Co-founder of Rising Tide Africa: https://theflip.africa/podcast/this-angel-investor-is-closing-the-gender-funding-gap
    In Episode 3 of this series, we were joined by the fund managers: Alitheia Capital's Tokunboh Ishmael & TLcom Capital's Andreata Muforo: https://theflip.africa/podcast/investing-in-women-is-an-economic-imperative

    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.
    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). 
    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica  
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://linktedin
    📸 Instagram - https://instagram.com/theflipafrica

    • 46 min
    Investing in Women is an Economic Imperative (Tokunboh Ishmael, Andreata Muforo)

    Investing in Women is an Economic Imperative (Tokunboh Ishmael, Andreata Muforo)

    Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the third of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain. 

    In this episode, we're joined by the investors. Tokunboh Ishmael is the Co-founder and Managing Partner of Alithea Capital, a $100 million gender lens private equity fund. Andreata Muforo is a Partner at TLcom Capital, an early-stage venture capital fund with a 60% female partnership. 
    00:00 - Investing in women is an economic imperative
    02:12 - Introducing Tokunboh
    04:04 - An Alitheia-led thesis
    05:36 - What does gender-lens investing look like in practice?
    11:49 - What about the financial returns? 
    13:35 - Impact targets
    17:24 - Are there enough women founders in the pipeline? 
    19:54 - Women are over-mentored and under-funded
    23:48 - Is a female investor backing a female founder a negative signal?
    26:53 - What does success look like? 
    29:47 - Introducing Andreata
    31:15 - Why is a traditional VC fund like TLcom trying so hard to invest in more female founders?
    33:03 - How VCs make investment decisions
    36:18 - Only 25% of the pipeline has a female co-founder
    40:44 - Is there a fundamental mismatch with VC and gender-lens investing?
    42:31 - What does success look like? Part two
    46:47 - A retrospective conversation with Eloho & Justin
    In Episode 1 of this series, we spoke to the founders: Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders

    In Episode 2 of this series, we spoke to angel investor Yemi Keri, Co-founder of Rising Tide Africa: https://theflip.africa/podcast/this-angel-investor-is-closing-the-gender-funding-gap 

    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.
    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). 
    Our Links -
    🔔 Youtube - https://youtube.com/@theflipafrica  
    💻 Website - https://theflip.africa
    🐦 Twitter - https://twitter.com/theflipafrica
    👥 LinkedIn - https://linktedin
    📸 Instagram - https://instagram.com/theflipafrica

    • 58 min
    This Angel Investor is Closing the Gender Funding Gap (Rising Tide Africa's Yemi Keri)

    This Angel Investor is Closing the Gender Funding Gap (Rising Tide Africa's Yemi Keri)

    Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the second of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain. 

    In this episode, we're exploring Angel Networks with Yemi Keri, co-founder of Rising Tide Africa, a women-oriented angel network in Nigeria.

    00:00 - Intro01:42 - Rising Tide Africa05:06 - Mentoring, Investment, Networking, Education07:25 - Growing the pool of female angels12:15 - Where are the interventions needed to close the gender funding gap?14:13 - Yemi's investment approach18:07 - What does success look like?22:04 - Exits?26:40 - A retrospective conversation with Eloho & Justin
    Episode 1 of this series featured Bamboo's Yanmo Omorogbe & Uncover's Sneha Mehta: https://theflip.africa/podcast/why-is-only-2-of-funding-going-to-female-founders
    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.
    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). 
    Our Links -🔔 Youtube - https://youtube.com/@theflipafrica   💻 Website - https://theflip.africa🐦 Twitter -  https://twitter.com/theflipafrica👥 LinkedIn - https://linktedin📸 Instagram - https://instagram.com/theflipafrica

    • 34 min
    Why is only 2% of funding going to female founders?

    Why is only 2% of funding going to female founders?

    Despite research showing that female founders outperform their male peers, startups with a solo female founder or an all-female founding team raised a mere 2% of all the funding in Africa last year. There is a huge gender funding gap. How do we close it?

    This episode is the first of a five-episode series on gender lens investing, co-hosted by Eloho Omame, Founding Partner of First Check Africa, an early-stage fund backing female-led startups. Each episode of this series will explore a different level of the fundraising value chain. 

    In this episode, we're joined by the founders: Yanmo Omarogbe, the Co-founder and COO of the Nigerian investment platform Bamboo, and Sneha Mehta, the Co-founder and CEO of Uncover, a direct-to-consumer skincare brand in Kenya.

    00:00 - Intro02:00 - Yanmo & Sneha's fundraising experiences13:19 - If tech companies raise more money, should more women start tech companies?19:55 - What does "the ecosystem" need to be doing more of to help female founders?25:26 - The added burdens for female founders32:18 - What does success look like?38:15 - Is money raised the right metric?41:36 - The 2% Ceiling47:30 - A retrospective conversation with Eloho & Justin
    This series is created under the ScaleX project: Co-designing Solutions to close the early stage gender-financing gap in Africa, an initiative of Make-IT in Africa.
    Make-IT in Africa promotes entrepreneurship and innovation ecosystems across Africa for green and inclusive development. Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). 
    Our Links -🔔 Youtube - https://youtube.com/@theflipafrica   💻 Website - https://theflip.africa🐦 Twitter -  https://twitter.com/theflipafrica👥 LinkedIn - https://linktedin📸 Instagram - https://instagram.com/theflipafrica

    • 57 min

Customer Reviews

4.9 out of 5
19 Ratings

19 Ratings

AddVenturer ,

Flip=Cliff notes

Jason saves listeners weeks of research and years of relationship building by clearly consolidation the rapidly evolving strategies of entrepreneurs, industry policies and financials of stakeholders driving each of his up-to-the minute topics.

Goleary91 ,

🔥

Well produced, engaging and informative!

g9z - ATL ,

Well produced, thematic conversation. A great listen!

Justin has done a wonderful job of storytelling through the lenses of multiple perspectives providing value to any founders out there. A great add to the startup podcast lineup.

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