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Limitless Africa
TRUE Africa
112 episodes
3 days ago

Welcome to Limitless, the podcast series that  asks the questions which matter to Africa.


Are tech start-ups the answer to Africa's unemployment problem? Can we stop fake news from spreading on the continent? How do we raise a generation of football stars? 


These are just some of the topics we’ll be tackling.


And we’re not looking for simple answers. Just as Africa’s potential is limitless, so are the possible solutions to any challenges the continent faces.


During each podcast episode, we’ll be asking three very different subject experts to give their take on each question. This will come as no surprise but they don’t always agree.


Made possible with a grant from the U.S. Department of State and the Seenfire Foundation.


Hosted on Acast. See acast.com/privacy for more information.

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All content for Limitless Africa is the property of TRUE Africa and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Welcome to Limitless, the podcast series that  asks the questions which matter to Africa.


Are tech start-ups the answer to Africa's unemployment problem? Can we stop fake news from spreading on the continent? How do we raise a generation of football stars? 


These are just some of the topics we’ll be tackling.


And we’re not looking for simple answers. Just as Africa’s potential is limitless, so are the possible solutions to any challenges the continent faces.


During each podcast episode, we’ll be asking three very different subject experts to give their take on each question. This will come as no surprise but they don’t always agree.


Made possible with a grant from the U.S. Department of State and the Seenfire Foundation.


Hosted on Acast. See acast.com/privacy for more information.

Show more...
Society & Culture
News,
Sports
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Maya Horgan Famodu - "USAID and foreign aid in general has fuelled corruption, dependence, weak governance"
Limitless Africa
29 minutes 48 seconds
2 months ago
Maya Horgan Famodu - "USAID and foreign aid in general has fuelled corruption, dependence, weak governance"

"Either leave Africa alone or come with a sustainable business model in mind."


Maya Horgan Famodu is the founder and CEO of Ingressive Capital, a venture capital fund focused on Africa. She raised over $10 million dollars for her first fund in 2020 and has since gone on to raise over $50 million for Fund 2. Maya wrote an article earlier this year called "The Hidden Benefits of Trump's Aid Policy for Africa" for the website TechCabal. Claude talks to her about how foreign aid encourages corruption, dependence, weak governance. And they discuss a different paradigm for Africa, one where investment fuels innovation, employment, self-reliance and some of the most successful start-ups the world will ever see.


Plus: Why start-up founders would never join Boko Haram.


🌟 IN THIS EPISODE:


2.20 How Maya ended up launching a $10 million venture capital fund


5.10 Why scrapping USAID could be a good thing


10.40 Westerners' different attitude to foreign aid


15.50 How African businesses are self funding from launch to exit


17:50 The staggering amount of money lost to corruption in Africa


18.10 The staggering amount of money generated by VC in Africa


21.45 Why it takes a village to raise an African start-up


25.00 Why Africa could be a safer space for your money


26.35 How to defeat Boko Haram


💬 QUOTES TO REMEMBER:


"The aid cuts are going to influence and pressure African nations to work together to improve accountability and financial discipline."


"The majority of the pushback that I received from that article came from foreign individuals, not Africans."


"From our own portfolio of 26 companies, likely half will exit."


"It's the Wild West and it's an interesting place to do business"


🔗 LINKS + MENTIONS:


Learn more about Maya's story and her view on the African VC scene in Season 2: https://trueafrica.co/article/limitless/it-wasnt-just-an-overnight-thing-seeds-were-planted-maya-horgan-famodu/


The Hidden Benefits of Trump's Aid Policy for Africa in TechCabal https://techcabal.com/2025/03/14/trump-aid-africa/


🌍 ABOUT LIMITLESS AFRICA


The podcast that asks how Africans and Americans can work together for shared prosperity


Every Monday: 15-minute episodes that dive into an issue that matters to Africans


Every Thursday: extended interview with someone unlocking Africa's limitless potential


➕ WANT MORE?


Yellowstone actor Denim Richards on launching a media empire in Botswana https://trueafrica.co/article/limitless/the-quickest-way-to-solve-unemployment-in-africa-for-me-is-through-entertainment-actor-denim-richards-on-the-african-film-industry/


💗 LOVE THIS EPISODE?


Subscribe on Spotify, Apple or wherever you get your podcasts

Leave a 5⭐ review – it helps get the word out

Share with someone passionate about entrepreneurship in Africa


🚀 Follow Limitless Africa


Instagram: @_trueafrica

Website: https://trueafrica.co/

Substack: https://claudegrunitzky.substack.com/


Limitless Africa is sponsored by the US Department of State and the Seenfire Foundation.


Hosted on Acast. See acast.com/privacy for more information.

Limitless Africa

Welcome to Limitless, the podcast series that  asks the questions which matter to Africa.


Are tech start-ups the answer to Africa's unemployment problem? Can we stop fake news from spreading on the continent? How do we raise a generation of football stars? 


These are just some of the topics we’ll be tackling.


And we’re not looking for simple answers. Just as Africa’s potential is limitless, so are the possible solutions to any challenges the continent faces.


During each podcast episode, we’ll be asking three very different subject experts to give their take on each question. This will come as no surprise but they don’t always agree.


Made possible with a grant from the U.S. Department of State and the Seenfire Foundation.


Hosted on Acast. See acast.com/privacy for more information.