African Tech Roundup Podcast

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Investor Bias Debate 2.0 + Should Africa Embrace Uberisation? feat. Vije Vijendranath Jul 31, 2017

Show notes

A couple of weeks ago, a think piece by Andile Masuku entitled "We simply must not allow investor bias to persist" - featured in African Independent and Business Report - caused a bit of a stir on Twitter. The hubbub surrounded the article's tackling of the sensitive issue of investor bias that appears to be prevalent in Africa's startup finance scene. Cited in Andile's piece are research findings published in a recent Bill & Melinda Gates Foundation-funded report by the American VC outfit, Village Capital. According to the report, more than 90% of the funding that's gone into East African fintech startups over the past year or two has benefitted firms with expatriate founders. This has lead to some local founders complaining that their ventures aren't being fairly appraised for investibility in terms of their potential and financial viability. In this episode of the African Tech Round-up, Andile Masuku and Musa Kalenga are joined by Tapsnapp founder and CEO, Vije Vijendranath, to unpack some of the impassioned response to the investor bias debate that's recently surfaced from certain quarters within our tech community and to chat about some possible solutions to the situation. Then, being that Tapsnapp is surfing the "Uberisation of everything" trend, and given the current push-back Uber is experiencing in South Africa from various stakeholders, Andile, Musa and Vije decided to try and answer the question: how enthusiastically should Africans embrace on-demand marketplace platforms? Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Barbro Ciakudia on how Invest Africa is stoking enthusiasm for African investment in London Jul 28, 2017

Show notes

Barbro Mutombo Ciakudia is VP for Business Development at Invest Africa. Invest Africa is a private members club based in Mayfair, London and was founded by Rob Hersov in 2013 as a means for business leaders, private investors, and entrepreneurs to gain insight into Africa and to be exposed to the continent's vast opportunities. They offer a multi-service platform for access and investment into Africa which aims to be a link between capital and expertise into Africa, and information and opportunity out of Africa. In this chat, Babro gives us a sense of how bullish members of their network are about investing in Africa and talks about what sort of investor support they typically need to act on their enthusiasm.

Jean-Paul Melaga went from Bank of Tokyo Mitsubishi exec to co-founding Smart Phorce Jul 24, 2017

Show notes

Jean-Paul Melaga is a recovering finance professional who's had a successful career in top-tier international banking. Jean-Paul worked for the likes of Standard Chartered Bank and Bank of Tokyo Mitsubishi before becoming co-founding the mobile market research startup, Smart Phorce. In his last banking gig before pursuing a more personal entrepreneurial agenda, Jean-Paul served as Head of Africa at the Bank of Tokyo Mitsubishi, where he was tasked with turning powerful people within that organisation on to Africa's investment potential-- basically, turning sceptics into believers. In this chat with Andile Masuku, Jean-Paul reflects candidly on his corporate experience and reveals how his banking background set him up for his second career in tech.

Arthur Musah's documentary Naija Beta highlights the untold potential of Lagosian youth Jul 20, 2017

Show notes

Naija Beta is a documentary that follows a team of Nigerian and Nigerian-American MIT students who dream of shaking up education in Nigeria and head to Lagos one summer to teach technology to high-schoolers through a competitive robotics camp. As they seek to contribute to a new and better Nigeria, their ideals are tested by reality. Arthur Musah is the film's director and hails from Ghana and Ukraine. Naija Beta premiered in 2016 at the Pan African International Film Festival in Cannes, and won Best Documentary Feature at the Urban Mediamakers Film Festival in Atlanta, an Achievement in Documentary Film Award at the Silicon Valley African Film Festival, and the High Output Director Award at the Arlington International Film Festival. Naija Beta was also screened at the Museum of Fine Arts Boston, where it won Best Documentary Short Film at the Roxbury International Film Festival. Arthur continues his exploration of African identities in a globalised age through his upcoming feature One Day I Go Fly. Arthur studied filmmaking in the MFA program at the University of Southern California as an Annenberg Fellow, and holds a bachelor͛s and a master͛s in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology.

Uber Drivers In South Africa Are Now Considered Employees Of The Ride-hailing Service Jul 17, 2017

Show notes

According to a ruling made by South Africa's Commission for Conciliation, Mediation and Arbitration (CCMA), an employer-employee relationship does, in fact, exist between Uber and driver-partners. This follows Uber being dragged to the CCMA several months ago by seven driver-partners who alleged that they were unfairly deactivated by the service. The ride-hailing service has long contended that it is simply a virtual marketplace that connects drivers and passengers and not an employer-- citing the fact that Uber doesn't own cars or have drivers on their payroll. In this African Tech Round-up episode, Andile Masuku and Musa Kalenga discuss some of the legal implications of this ruling, and how they might compromise Uber's business model. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Baba Zoumanigui reflects on his fruitful executive career at IBM Jul 13, 2017

Show notes

In this chat with Baba Zoumanigui, IBM's General Manager for French Speaking Africa, he shares insights drawn from his international IT career. Baba gives us a sense of the lucrative value IBM is determined on unearthing in Africa and reflects candidly on what it takes for an African IT pro to navigate and thrive in a corporate scene dominated by Europeans and North Americans.

Rebecca Enonchong on #BringBackOurInternet and why she's fed up with African foreign aid Jul 07, 2017

Show notes

Rebecca Enonchong is an award-winning Cameroonian-born technology entrepreneur who is affectionately known as the "Queen of African Tech". Rebecca is the founder and CEO of AppsTech, and quite notably a co-founder and Vice-President of the African Business Angels Network (ABAN). In this catch-up chat with Andile Masuku, Rebecca reflects on the #BringBackOurInternet campaign she continues to back, explains why she's annoyed by all the foreign aid money flooding Africa's tech scene and gives us a status update on her very public spat with MTN.

Cisco's Shaun Kirby on why the global mobility industry is ripe for disruption Jul 06, 2017

Show notes

Shaun Kirby oversees product development for Cisco's automotive and connected car business unit. He is responsible for evangelising and acting on trends that will disrupt and transform the world's mobility industry. In this conversation, he explains why he's excited about IoT and talks about whether it's sensible to anticipate that Africa will leapfrog the traditional motor vehicle to adopt more advanced mobility options, this as the global trend towards ride-sharing and self-driving vehicle deployment continues.

Wolf Stinnes on Dimension Data's cutting-edge top-tier sport and health IoT solutions Jul 06, 2017

Show notes

Wolf Stinnes is smart buildings and digital cities solutions architect at Dimension Data. In this conversation, he talks about some clever top tier sport and health tech solutions that he and his team are beta testing and taking to market at the moment.

Naspers CEO Bob Van Dijk Accused Of Blowing Roughly $25.6 Billion Of Shareholder Value Jun 30, 2017

Show notes

It's no secret, Africa's largest tech company by market cap, Naspers, has been buckling under the pressure to perform for some years now. The fact is, the company hasn't scored any big wins in any of the legacy internet and pay-TV verticals it once used to dominate with ease. Naspers' most recent financial results seem to validate the notion that except for the firm's exceedingly lucrative 33 percent stake in the Chinese cash cow that is Tencent, there seems to be little else to write home about in terms of outstanding performance. In this episode of the African Tech Round-up, Andile Masuku and Musa Kalenga discuss the merits of an open letter penned by a certain Albert Saporta - the managing director of the Geneva-based investment advisory firm and Naspers shareholder, AIM&R - accusing Naspers CEO Bob van Dijk of destroying approximately $25.6 billion of shareholder value since his appointment more than three years ago. Sniper! Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

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