In this episode, Kuhle and I explore the SME investment opportunity, how it’s similar to and different from tech, and the ways in which tech-enabled SMEs and tech ventures play complementary roles in the broader venture ecosystem in Africa.

This episode of The Trajectory Africa is about how Stears Nigeria came to be, why it aspires to be the “Bloomberg of Africa”, the "proper" size of consumer and b2b markets in Nigeria, key indicators of consumption readiness for Nigerian consumers, what enables consumption in Nigeria, and how fintech enables business, consumption, and financial inclusion.

Guest artist Jake Kenadall and I discuss his unlikely path to becoming an Africa-focused investor, why digital commerce is a robust investment opportunity, why digital economy development will look different on the continent, how to size African consumer markets and enable consumption, and why the trajectory of capital inflows into Africa is on track.

In this episode, Dr. Dotun and I spoke about his circuitous journey to becoming an Africa-focused investor, what his initial assumptions and mental models were when he started investing, what changed when he gained investing experience, how he uses external trend data to make decisions, the impact of governance on innovation, and why now is an unprecedented time for Africans to solve African problems.

In this episode, I chat with Tony Chen, Partner at Verdant Frontiers and Co-Founder of Kinyungu Ventures, about his journey to Africa-focused investing, how conducting research altered his fund launch strategy, what lessons he learned from the research, and his plans for the future.

This episode is an introduction to The Trajectory Africa, a podcast series exploring the trajectory, or pathway, of venture capital and startup formation in Africa.