On this episode, host Patrice Tsague welcomes Rina Hicks, a prominent figure in African finance, to discuss best investment practices for businesses and how knowing the best investment avenues can contribute to your passive income.
Rina is a principal at Faida Investment Bank, the CEO of RH Group, and the creator of Investible, a financial investment product in Kenya.
In addition to her business ventures, Rina is a best-selling author, a highly regarded podcast host, and the recipient of multiple awards, including the Angaza Awards for Top Women to Watch in Finance in Africa in 2022 and the winner of the 2021 Nehemiah Week International Business Plan Competition. As a dedicated mother of three and wife to a loving husband, Rina's experiences and insights offer valuable guidance for those looking to start or enhance their passive income journey.
When investing in Africa, it's not just about the returns; investors can make a significant impact on the lives of the people they are helping. Many African companies are solving real problems and addressing critical needs, such as supply chain challenges, financial services access, and infrastructure development.
The case for investing in Africa lies in the diverse opportunities available across various sectors, including agribusiness, telecommunications, financial services, marketing, and sales. In contrast to markets like the US, where small businesses must innovate significantly to compete with large corporations, Africa allows entrepreneurs to create their own space and achieve remarkable results. By investing in Africa, investors can not only generate income but also contribute to the social and economic development of the continent.