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The Flip
The Flip Media
93 episodes
1 week ago
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.
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Entrepreneurship
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All content for The Flip is the property of The Flip Media 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.
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.
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Entrepreneurship
Technology,
Business
Episodes (20/93)
The Flip
NBA Africa's Biggest Success | The Khaman Maluach Story

Watch this episode on YouTube: https://youtu.be/qoA105xnIpU

Khaman Maluach was just drafted 10th overall in the NBA Draft. He’s a South Sudanese refugee who grew up in Uganda and only started playing basketball when he was 13 years old. 


After first playing the game at Luol Deng’s basketball camp, Maluach played at the NBA Academy in Senegal, and played three seasons in NBA Africa’s Basketball Africa League, before signing with Duke University. 


He’s the first player from the BAL to be drafted into the NBA. And as we continue to invest in talent on the African continent, there will be more players like Khaman Maluach playing in the league in the future. 


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 month ago
3 minutes

The Flip
The Real Reason People Are Using Stablecoins

Watch this episode on YouTube.

2025 is the year of stablecoins. 


Transaction volumes have grown to over $33 trillion in the past 12 months. The top Dollar-denominated stablecoins are the 17th largest holder of US treasuries globally. Tether, issuer the largest stablecoin by volume, USDT, announced $13 billion in net profit in 2024. Circle, the USDC issuer, is going public.


But what got the hype train going was Stripe’s acquisition of the startup Bridge for $1.1 billion.


And all of Bridge’s product market fit is coming from emerging markets and outside the US. 


But why? 


This is the first episode in The Flip’s new human-first series on stablecoin adoption from the rest of the world. Stablecoins are solving everyday problems for people in markets where there’s import deficits, currency devaluation, insufficient banking infrastructure, and more. 


This series will bring to life these conditions and humanize the onchain data. 


00:00 - Intro
01:15 - Zach Abrams - Bridge
02:35 - Stablecoin adoption
03:27 - All of Bridge’s product market fit comes from outside the US
05:19 - Why do people want stablecoins?
08:42 - Subscribe!


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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2 months ago
9 minutes

The Flip
Why the NFL is Bringing American Football to Africa

There are 1,696 active players in the NFL. Just 138 are African. 


But if it were up to Osi Umenyiora, 11-year veteran and 2-time Super Bowl Champion, there would be many more. 


Osi is the Founder of The Uprise, the NFL's lead in Africa, and he's pioneering American football on the African continent. 


At the NFL's camp in Lagos, Nigeria, young athletes are vying for a shot to join the NFL Academy in London or to go straight to the League through the International Player Pathway Program. 


But many of them have never played American football before. 


So why is the NFL hosting camps in Africa? Is there really any shot of these players making it to the NFL?


00:00 - The NFL is in Lagos, Nigeria
00:30 - Osi Umenyiora is bringing football to Africa
02:05 - The NFL wants the best talent in the world
03:55 - Creating opportunities for African talent


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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3 months ago
6 minutes

The Flip
How We're Helping African Farmers Grow

Farming is the number one source of employment in Africa, yet its agricultural productivity is the lowest of any region in the world. 


The opportunity is immense—60% of the world’s uncultivated arable land is on the continent—but rural communities are suffering from a lack of economic opportunity.


So young Africans are building innovative solutions to tackle the problems that are impacting their families and communities.


Wissal Ben Moussa is the Co-founder & R&D Officer of Sand To Green, a Moroccan startup pairing regenerative agroforestry techniques with data and technology to turn the desert green. 


Samuel Rigu is the Co-founder & CEO of Safi Organics, a Kenyan company employing a decentralized process to locally manufacture organic fertilizers. 


Francis Nderitu is the Founder of Keep IT Cool, a recent Earthshot Prize winner, building cold chain storage to reduce post-harvest losses in Kenya. 


00:00 - Africa has the lowest farming productivity in the world
01:08 - Sand to Green is reversing desertification in Morocco
04:30 - Safi Organics is manufacturing organic fertilizers in Kenya
07:23 - Keep IT Cool is reducing post-harvest loss in Kenya
10:15 - Solving problems for their local communities


Check out more episodes of The Greenprint here.


This episode was produced as part of our series on climate action in Africa, The Greenprint, in partnership with Catalyst Fund, Delta40, Africa Climate Ventures, and AgBase - an initiative powered by Briter and Mercy Corps AgriFin.


AgBase is a business intelligence platform offering real-time data, market insights, and a centralised hub for information on agtech and foodtech across emerging markets. This initiative, backed by the Bill and Melinda Gates Foundation and The Foreign, Commonwealth & Development Office (FCDO), and hosted by Briter Bridges in partnership with MercyCorps AgriFin, is dedicated to bolstering the knowledge framework essential for catalysing investments in digital and technology-driven solutions, with an underlying mission is to transform the lives of smallholder farmers and boost socio-economic growth.


Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale. 


Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.


‍Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.


This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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5 months ago
12 minutes

The Flip
What We Get Wrong About Climate Financing

Reports suggest that climate change is set to cost the global economy $38 billion per year by 2049. Emerging markets need close to $2.4 trillion per year by 2030 to meet the climate goals. That's 4 times what is currently invested. 


But high capital costs are stalling clean energy investment across Africa. If you want to build a renewable energy project in Sub-Saharan Africa, the weighted average cost of capital would be up to 4x as much as the same project in Western Europe or the US, due to the real and perceived risks of investing on the continent.


If the world invests in renewables and green technology in Africa at Africa's cost of capital, it will underinvest in green energy assets. 


00:00 - The climate funding gap
01:01 - It's 4x more expensive to build an energy project in Africa
02:10 - The cheapest energy is where there is high energy density
03:26 - Startup financing needs
06:23 - Addressing funding challenges at the multinational level


Check out more episodes of The Greenprint here.


This episode of The Greenprint was produced in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.


Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale. 


Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.


‍Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.


This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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6 months ago
9 minutes

The Flip
Can Solar Power Solve Nigeria's Energy Crisis?

Nigeria’s energy crisis has persisted for decades. Africa's largest country is largely powered by fuel generators. They're noisy, dirty, and bad for the environment. But they also provide power to millions of people in a country with an unreliable grid. 

The removal of Nigeria's long-standing fuel subsidy in 2023 caused the price of fuel to quadruple, leaving Nigerian consumers searching for options. And many are going solar. 

So while economic considerations have largely driven Nigeria's transition to solar power, it has positive climate implications too.

But why is the grid so broken? How can it be fixed? And is decentralized solar energy an adequate solution to solve Nigeria's energy crisis?


00:00 - To know Nigeria is to know blackouts
01:28 - How Nigeria is powered today
02:11 - Why the grid is broken and how to fix it
05:17 - Nigerians are making the switch to solar
09:12 - The need for climate resilience


Check out more episodes of The Greenprint: https://theflip.africa/the-greenprint


This episode of The Greenprint was produced in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.


Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale. 


Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.


‍Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.


This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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6 months ago
12 minutes

The Flip
How Africa’s Green Industries Could Save the Planet

Can Africa be a leader in the global fight against climate change? 


While the continent has contributed just 3 percent to global carbon emissions, it is the most impacted by climate change. But it also has a range of natural endowments that leave it well-positioned to build green industries that will have a positive economic impact locally and can play a significant global role in getting to net zero.


In this episode, we're joined by three Africa-focused climate founders solving local problems with global implications. 


00:00 - Africa is the most impacted by climate change
01:18 - The opportunity to build industries powered by renewable energy
01:51 - Great Carbon Valley's Bilha Ndirangu
05:00 - Octavia Carbon's Duncan Kariuki
07:51 - Talus Renewable's Hiro Iwanaga

Listen to more episodes of The Greenprint: https://theflip.africa/the-greenprint


This episode of The Greenprint was produced in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.


Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale. 


Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.


‍Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.


This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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8 months ago
11 minutes

The Flip
This Funding Model is Helping Fight Climate Change

These climate investors are funding climate startups using a hands-on venture-building model to support founders across Africa. 

In this episode, we’re joined by James Mwangi from Africa Climate Ventures, Maxime Bayen from Catalyst Fund, and Lyndsay Holley Handler from Delta40.

We discuss why African ventures and climate startups, in particular, benefit from the venture building model; the limitations of the traditional two and twenty fund model in the African tech ecosystem; the types of founders and opportunities these investors are looking for; the pitch these investors are making to global investors for why they should back climate action across Africa; and, is Africa the most important region for global climate goals?

00:00 - Intro
01:20 - Why climate in Africa?
06:03 - The types of founders they're investing in
12:18 -  Why the venture building model?
19:39 - Fund structures & models
35:30- The types of businesses & opportunities they're seeking
41:30 - Pitching Africa's climate story to global investors


This roundtable conversation was recorded during the  2024 Climate Week in New York City.


This episode was produced as part of our series on climate action in Africa, in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.


Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale. 


Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.


Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet. 

This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

Show more...
9 months ago
48 minutes

The Flip
How Moniepoint Powers Millions of Businesses Across Nigeria

There are millions of Moniepoint point-of-sale terminals in use across Nigeria. These point-of-sale devices power Nigeria’s offline economy, and while there are many competitors in this space, Moniepoint appears to beating them all. 


How did they do it? How did Moniepoint grow so quickly? And why has it become the preferred choice for agents and merchants across Nigeria?


In this episode, we hit the streets of Lagos with Ezekiel Sanni, Moniepoint's Senior Vice President of Distribution Network Sales.


Moniepoint has been recognized as Africa's fastest-growing fintech by the Financial Times in 2023 and 2024. Last year, they processed over $182 billion in payments. 


Moniepoint (formerly TeamApt) was founded by Tosin Eniolorunda in 2015. 


00:00 - Moniepoint is winning Nigeria's fintech battle
01:28 - What do agents want?
02:19 - Nigeria's banking challenges
03:34 - Moniepoint's business banking strategy
04:49 - Moniepoint's distribution strategy


Check out our roundtable conversation with Monieponit's CEO, Tosin Eniolorunda, Kuda's Babs Ogundeyi, and FairMoney's Laurin Hainy - https://theflip.africa/podcast/nigerian-neobank-roundtable-moniepoint-kuda-fairmoney 


Our Links -🎥
 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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11 months ago
6 minutes

The Flip
How Africa's Fastest Growing Company is Helping Retailers Grow

Small retailers in Nigeria power the economy. But they’re going through some tough times. Devaluation, food inflation, and overall poor economic conditions have made it especially hard for these small businesses to operate.


To better understand how retail works, and how these small businesses can grow, we hit the streets of Lagos with Deepankar Rustagi, CEO of OmniRetail.


OmniRetail was ranked Africa's #1 Fastest Growing Company in 2024 by Financial Times.


In this episode, Deepankar explains small retailers' working capital challenges and how OmniRetail is helping them grow their business by turning over their inventory faster.


00:00 - Intro
01:00 - Working capital
02:08 - Faster inventory turnover
02:48 - Lack of credit
03:39 - Understanding consumer demand
04:57 - Building a Systematically Important Platform


Read more from Deepankar -  Rethinking Metrics in B2B Commerce: https://theflip.africa/newsletter/rethinking-metrics-in-b2b-ecommerce
Learn more about OmniRetail here: https://omniretail.africa


Our Links -
🔔 Youtube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
6 minutes

The Flip
An African Tech Exit - Selling Sendwave for $500 Million

One of the African tech ecosystem's largest exits was the 2020 sale of Sendwave to WorldRemit for $500 million. 


Sid Sridhar was Sendwave's Head of Business at the time, and in this episode, Sid shares his M&A lessons for the African tech ecosystem.


Sid is now the Head of Business at Wave, the mobile money company spun out of Sendwave that's competing head-on with the telcos in Francophone West Africa. Wave raised a $200 million Series A in 2021, valuing the company at $1.7 billion. 


00:00 - Introduction
01:32 - Every deal is different
02:16 - Know the business model that you're building for
02:40 - Companies get bought not sold
03:41 - How to qualify a deal
04:53 - Be smart & strategic with information
05:31 - Be transparent
06:24 - Stay close to potential buyers
07:39 - Alignment with investors


Follow Sid on Twitter


Check out other episodes from the Fintech in Africa Summit:
Nigerian Neobank Roundtable: Moniepoint, Kuda, FairMoney
Why Are Cross-Border Payments So Hard?
Tackling Africa’s $330 Billion Credit Gap


Our Links -
🎥 YouTube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
9 minutes

The Flip
Tackling Africa’s $330 Billion Credit Gap

There is a $330 billion credit gap, according to the IFC. But why is it so hard to lend in African markets? 


We explore that question with Chijioke Dozie, Co-founder and CEO of Carbon, and Mark Straub, CEO of Smile Identity.


This episode was recorded live from the FT Partners Fintech in Africa Summit in New York City. Download their FinTech in Africa research report, published in March 2024.


00:00 - Introduction
01:36 - The credit infrastructure problems in Africa
02:28 - Carbon's approach to lending
03:51 - SmileID's perspective on credit infrastructure
08:10 - Ability to pay vs. willingness to pay
10:06 - Private sector solutions
17:36 - The challenges of scaling lending without infrastructure


Follow Chijioke on Twitter.
Follow Mark on Twitter.


This episode was the third in our series of interviews recorded live from the Fintech in Africa Summit.
Nigerian Neobanks with Moniepoint's Tosin Eniolorunda, Kuda's Babs Ogundeyi & Fairmoney's Laurin Hainy: https://theflip.africa/podcast/nigerian-neobank-roundtable-moniepoint-kuda-fairmoney
Cross-Border Payments with NALA's Benjamin Fernandes & GTXN's Dan Kleinbaum: https://theflip.africa/podcast/why-are-cross-border-payments-so-hard


Our Links -
🎥 YouTube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
20 minutes

The Flip
African Small Businesses Have Many Challenges. Can These Platforms Help?

In this episode, the third in our docuseries on jobtech platforms and the future of work, we dive deeper into the value chain, because the problems that small businesses have across the continent are multi-layered. 


In an environment of demand constraints and a lack of infrastructure, platforms need to solve multiple problems across the value chain. This is what makes jobtech platforms so hard to build in Africa. 


But for those who can solve problems across the value chain, it not only unlocks growth opportunities for their users, but it also unlocks additional revenue streams for platforms to achieve greater profitability. 


Check out the first two episodes in this series:
What We Get Wrong About Jobs in Africa
The Future of Work Will Be Bootstrapped


00:00 - Intro
01:43 - Jobtech platforms in Africa need to solve multiple problems across the value chain.
02:31 - One sector with challenges across the value chain is fashion.
03:51 - How Fitted is solving problems for tailors in Nigeria.
05:51 - Unlocking revenue opportunities for SMEs and platforms alike.


Watch this episode on YouTube.
Learn more about the Jobtech Alliance.
Check out last year's podcast series on the future of work.


Our Links -
🎥 YouTube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
7 minutes

The Flip
Why Are Cross-Border Payments So Hard?

Benjamin Fernandes, the Founder and CEO of the remittance platform NALA, likes to say that payments are just 1% built in Africa. 


Why are cross-border payments so hard? 


In this episode, we're joined in conversation with Benjamin Fernandes and Dan Kleinbaum, a co-founder of Beyonic, which sold to Onafriq, and now the Founder of the FX platform GTXN. 


This episode was recorded live from the FT Partners Fintech in Africa Summit in New York City. Download their FinTech in Africa research report, published in March 2024.


00:00 - Intro
01:29 - Payments are 1% built in Africa
06:32 - How to solve problems in Cross-Border payments
08:28 - Do we need more payment apps?
15:51 - Navigating regulatory challenges
17:03 - Why are Benji & Dan solving these problems?
20:30 - What's the cross-border payments pitch to investors?
25:39 - Benji & Dan turn the tables on Justin


This episode was the second in our series of interviews recorded live from the Fintech in Africa Summit. Our first episode was with the Nigerian Neobanks: https://theflip.africa/podcast/nigerian-neobank-roundtable-moniepoint-kuda-fairmoney


Episode Links:
Follow Benji on Twitter
Follow Dan on Twitter
Read Benji's Medium post: Are African Remittances Finished?


Our Links -
🎥 YouTube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
33 minutes

The Flip
Nigerian Neobank Roundtable: Moniepoint, Kuda, FairMoney

In this episode, we're joined in a panel conversation with the CEOs of three of Nigeria's biggest digital banks: Moniepoint's Tosin Eniolorunda, Kuda's Babs Ogundeyi, and FairMoney's Laurin Hainy.


This episode was recorded live from the FT Partners Fintech in Africa Summit in New York City. Download their FinTech in Africa research report, published in March 2024.


00:00 - Intro
01:18 - Moniepoint's distribution-first strategy
02:45 - FairMoney's credit-led approach
04:46 - Kuda's neobank strategy
06:48 - Banks, product, competition, expansion
25:45 - Growth, VC returns
33:56 - What does success look like?


Our Links -
🎥 YouTube - https://youtube.com/@theflipafrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
43 minutes

The Flip
The Future of Work Will Be Bootstrapped

In our first episode of this series on jobtech platforms and the future of work, we argued that the future of work is a tech-enabled portfolio of work. 


But what does a portfolio of work really look like? And what happens next? 


We know we need to create more formal jobs in Africa, and we need to boost the productivity of the informal sector. But how do we get there? 


Considering the context of the markets in question, the future of work isn’t going to be designed or endowed; it’s going to be bootstrapped. 


00:00 - Intro
01:17 - Bootstrapping Development
01:53 - Bootstrapping a portfolio of work
05:48 - Pathways for jobtech users
06:45 - This is how development happens


Watch the first episode of this series on jobtech platforms: https://theflip.africa/podcast/what-we-get-wrong-about-jobs-in-africa


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://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
8 minutes

The Flip
Much Ado About the Media, Live from Lagos

In January 2024, we hosted a live show in Lagos with The Subtext's Osarumen Osamuyi on the relationship between the tech ecosystem and the media. 

It was a follow-up to a 2020 episode we published entitled Much Ado About the Media.


A lot of founders still feel the media is acting in bad faith amidst more accountable media coverage. In this episode, we explore this tension and have an important discussion with the ecosystem players themselves.


00:00 - Intro
01:22 - Reflecting on 2020's episode
08:20 - Paga's Tayo Oviosu's founder perspective
12:20 - TechCabal's Tomiwa Aladekomo's media perspective
19:04 - What about business models?
22:20 - Stears Nchedolisa Akuma on subscriptions
24:58 - Moniepoint's Didi Uwemakpan's marketing perspective
28:14 - The global perspective from TechCrunch's Tage Kene-Okafor
30:49 - FT's Aanu Adeoye
36:20 - How to give local context to a global audience
42:02 - Local vs. global media
45:43 - Who keeps the media in check?
46:36 - Editorial perspectives from TechCabal's Olumuyiwa Olowogboyega
50:03 - Negative stories about advertising partners
53:03 - Osarumen & Justin's retrospective

Much Ado About the Media, part one: https://theflip.africa/podcast/s2e9

Our Links - 
🎥 YouTube - https://youtube.com/@theflipafrica  
💻 Website - https://theflip.africa
🐦 Twitter -  https://twitter.com/theflipafrica
👥 LinkedIn -  https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
1 hour 3 minutes

The Flip
Afrobeats, Basketball & Commerce

Live from the BIG Summit, a platform hosted by investor and 2x NBA All-Star Baron Davis, at the 2024 NBA All-Star Game, a conversation with three operators connecting Africa to the world through culture and commerce. 


In this conversation, we're joined by Clare Akamanzi, the CEO of NBA Africa, Abdul Karim Abdullah, the Founder and CEO of AfroFuture music festival, and entrepreneur and private equity investor Tuyee Yeboah. 


00:00 - Intro
02:38 - NBA Africa
05:32 - AfroFuture
08:34 - Investing across Africa and the US
10:55 - Basketball's role in Africa's development
12:20 - Changing perceptions about the continent
17:35 - How do we get more investors involved?
21:20 - African talent


Episode Links - 
AfroFuture - https://www.afrofuture.com/
BAL - https://bal.nba.com/
BIG Summit - https://www.teambig.io/

Our Links - 
🎥 YouTube - https://youtube.com/@theflipafrica  
💻 Website - https://theflip.africa
🐦 Twitter -  https://twitter.com/theflipafrica
👥 LinkedIn -  https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
27 minutes

The Flip
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 - Intro
01:36 - Informal is normal
03:14 - A portfolio of work
05:24 - Using jobtech platforms like Tendo for supplemental income
08:33 - 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://www.linkedin.com/company/theflipafrica/

📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
11 minutes

The Flip
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 - Intro
02:10 - Unlocking gender-smart capital at scale
03:43 - What is gender-smart capital?
06:46 - Applying the 2X framework to investing
10:25 - Building the gender-smart investing ecosystem
19:52 - The primary issue is bias
22:54 - Mainstreaming gender-smart capital
25:55 - 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://www.linkedin.com/company/theflipafrica

📸 Instagram - https://instagram.com/theflipafrica

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1 year ago
37 minutes

The Flip
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.