Overview: Today, we’re going to talk about Afrobility. We’ll explore the Afrobility story across the following areas:
Why we started Afrobility
Lessons from past episodes
Behind the scenes of Afrobility
Future plans after Afrobility
Closing thoughts
This episode was recorded on June 8 & 14, 2025
Companies discussed: All of them :) - Jumia, Flutterwave, Paystack, Andela, Chipper Cash, Safaricom (M-Pesa), Wave, Reliance Health, M-Kopa, Naspers, Interswitch, Kuda, Yoco, Tyme Bank, Twiga Foods & many more…
Business concepts discussed: Market Creation, Business Model Innovation, Cross-border Expansion, Fintech Infrastructure, Informal Economy Digitization, Agent Networks, Platform vs Vertical Strategy, Talent and Outsourcing, Unit Economics, Scalability, Offline-to-Online (O2O), Acquisition & Exit Strategies
Conversation highlights:
(05:50) - Afrobility Founding Story
(19:07) - Review of all Afrobility episodes
(03:50:12) - Lessons across episodes
(4:00:10) - Bankole’s overall thoughts
(4:05:00) - Olumide’s overall thoughts
(4:10:00) - Recommendations
Olumide’s recommendations:
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: How I Found Freedom in an Unfree World (Harry Browne) - Independent thinking and freedom
Recommendation: FIREDOM: Financial Independence stories of immigrants, expats, underdogs, outsiders, nomads or minorities (Olumide Ogunsanwo & Achani Samon Biaou)- Book about creating and living the life you want. I love it because I wrote it.
Recommendation: Maximum Achievement (Bryan Tracy) - Self belief & Self development
Bankole’s recommendations:
Recommendation: Anything you want (Derek Sivers)
Recommendation: Book of Why (Dana Mackenzie & Judea Pearl)
Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!
Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com
Investors: It would be great to link up with you. Contact us at info@afrobility.com
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