African Tech Roundup Podcast

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Telkom South Africa In The Lead With Game Changing Mobile Packages Jul 25, 2016

Show notes

Data costs need to come down significantly if Africa is ever going to realise the dream of making access to the internet available to every single person living on the continent. As things stand, according to a new research report by Global Market Insights, an estimated 590 million Africans still do not have access to electricity, to say nothing of reliable web access. However, South Africa’s largest telecoms operator, the government-owned Telkom, has announced some game-changing 4G/LTE data-led mobile packages that may signal the beginning of the end of exorbitantly high data prices in that country. Aside from throwing down the gauntlet towards its rivals, Telkom seems to be committing to a business model that seeks to sign up the masses and incentivise them to consume ever increasing amounts of data, as opposed to attempting to profiteer in the short to medium term. What’s not to love about that? Also in this week’s African Tech Round-up, I speak to Frank Schutte, the former Retail Product & Marketing Managing Director of South Africa’s largest life insurer— Liberty, to found a startup called MobiLife, which is “Africa’s first 100% mobile insurance offering” that aims to transform micro-insurance in South Africa. Listen in to find out what would possess Frank to take on the well-heeled incumbents who currently control South Africa’s highly-competitive multi-billion dollar life insurance industry. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Jaco Van Zyl Of PulseIt on navigating the challenges of the the online voucher business Jul 18, 2016

Show notes

Jaco Van Zyl is the co-founder and MD of the South African startup, PulseIt— a company which is looking to give online voucher firms like Vouchercloud, Groupon and Shazam a run for their money. In this chat Jaco Van Zyl explain swhy so many VC’s and African tech firms seem quite bullish on the online voucher business, and why he thinks his startup has what it takes to steal market share from more established international players and fend off newer players like ttrumpet who are just as hungry for success as he is.

Codeacademy Receives $30 Million Investment Lead By Naspers Ventures Jul 18, 2016

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There’s no doubt that online education is a hot ticket at the moment. While the folks at Andela are probably still celebrating landing $24 million worth of investment courtesy of the Chan Zuckerberg Initiative and others, the New York-based Codecademy has closed a $30 million Series C investment round led by Naspers, through its Naspers Ventures division. Codecademy plans to use the funds to extend its global reach, build its mobile presence, and beef up its course content. It does seem that formal education business is well and truly on its way to being disrupted. In this week’s African Tech Round-up, Andile Masuku catches up with Jaco Van Zyl, the co-founder and MD of the South African startup, PulseIt— a company which is looking to give online voucher firms like Vouchercloud, Groupon and Shazam a run for their money. Andile asked Jaco to explain why so many VC’s and African tech firms seem quite bullish on the online voucher business, and why he thinks his startup has what it takes to steal market share from more established international players and fend off newer players like ttrumpet who are just as hungry for success as he is. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Will Facebook's OpenCellular Crush BRCK? Jul 11, 2016

Show notes

Last week, the global digital behemoth that is Facebook announced that they’ll be rolling out the OpenCellular system worldwide. OpenCellular is said to be an inexpensive, weather-resistant and fully customisable platform that will be able to serve as a wireless access point for connecting devices using 2G, LTE or even Wi-Fi. While this move by Facebook is no doubt just a footnote in the company’s playbook for achieving complete digital dominance, one wonders if this could signal the beginning of the end for the likes of Kenya’s BRCK— a home-grown system designed to do exactly what OpenCellular promises to do, perhaps less reliably. One wonders if there is any chance that a minnow like BRCK can stand up to the fire and might of a beast like Facebook? It seems unlikely that BRCK has captured enough of the affordable WiFi deployment market to develop a legitimate first-mover advantage, and it’s equally unlikely that anyone over at Facebook is losing any sleep worrying about their plans being disrupted by smaller players. Also in this week’s show, we share a snippet from a conversation Andile Masuku had with Gareth Cliff— the controversial South African Radio DJ, Idols South Africa judge, and Co-founder & President of Africa’s largest podcast producer, CliffCentral.com. Listen in to hear Gareth’s candid take on why he quit one of South Africa’s most lucrative radio gigs to found a platform that now boasts over 40 podcast titles and garners over 140,000 downloads per week. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

African Spirit American Spin Jul 04, 2016

Show notes

It’s the 4th of July, and in honour of the fact that our biggest audience outside of Africa is based in the USA, this week’s African Tech Round-up episode has a decidedly American spin. Playing guest-host in this instalment is very good friend of the show, aka “The American Homie”, Trevor Wolfe— Co-founder and CEO of Delvv.io. Trevor is fresh off a plane from Europe and the States where he’s successfully closed a round of funding for his crowdsourced research startup. In addition to factoring in on the week’s headlines, Trevor shares some interesting insights on what it takes to launch and operate a tech startup on the continent, while maintaining a global outlook. But that’s not all, folks… This week’s show also features two Stateside-based personalities who are extremely active on Africa’s tech scene— namely, Maya Horgan Famodu, Founder and CEO of Ingressive, and Toro Orero, Co-founder and Managing Partner, at DraperDarkFlow. Listen in to hear Maya share some of what she’s observed while leading high profile investment tours to Africa, and explaining what operating in Silicon Valley is like on the day-to-day. Then tune in to listen to Toro share what he and Tim Draper look for in startups they hope to invest in, as well as dish on the pros and cons of running an Africa-focussed VC firm that’s headquartered in Silicon Valley. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Kenya's Buni.tv Acquired by Trace TV Jun 27, 2016

Show notes

One of the more surprising things that came out of a recent conversation Andile Masuku had with BT’s Managing Director for Sub-Saharan Africa, Oliver Fortuin is his answer when asked (somewhat unfairly) what disruptive trend could potentially render BT redundant in the next decade. His answer? The trend towards consolidated media ownership. Listen in to this week’s African Tech Round-up to hear Oliver unpack that answer. Meanwhile, the French Urban television network Trace TV’s acquisition of Kenyan, pan-African VOD service Buni.tv made headlines last week. Buni.tv is believed to be one of the largest African VOD services offering home-grown content. Trace TV has revealed that this acquisition is part of their plans to gear up for the launch of a VOD platform called Trace Play later in 2016. Now, it does seem that aside from keeping an eye out for competitors like iROKOtv, DSTV and Netflix, aspiring VOD service providers like Trace TV might do well to anticipate the moves being made by the likes of South Africa’s Telkom, Zimbabwe’s Econet Group and offshore players like BT— because by Oliver’s own admission, incumbents like BT don’t plan to quietly “stay in their lane” and watch the world pass them by. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Uber Domination Jun 20, 2016

Show notes

Despite the considerable push-back Uber has experienced in certain African markets, the firm’s march towards utter and complete world domination continued last week as they launched in Tanzania’s capital city, Dar es Salaam. Dar es Salaam is the 3rd African city Uber has taken to in as many weeks (following Luanda, Uganda and Accra, Ghana) and their 475th location worldwide. Since launching in Johannesburg in 2012, Uber has quietly gone about silencing many of the doubts that sceptics have had about the viability of their business model in African markets that typically show little regard to hype-driven startups that roll in from the West expecting an easy ride. (No pun intended.) Basically, what might have appeared to some as being a casual African safari is gradually developing into a case study on lean, mean execution. Only time will tell if a home-grown platform like Little Cabs— the ride-hailing service Safaricom is set to launch, will be able to rain on Uber’s parade. Be sure to listen into this week’s episode of the African Tech Round-up to hear Andile Masuku chat with Matthew Lee— a plumber turned corporate executive who now heads up African operations at the German open source software firm, Suse. Matthew shares insights on how well Africa is keeping up with the rest of the world in terms of producing world-class software applications, and points out key growth areas that could benefit from the increased roll-out of OSS solutions. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Charles Murray of trumpet on the ultra-competitive world of lifestyle apps Jun 13, 2016

Show notes

Ever wonder what it might be like to run a startup that’s owned by a successful tech company, backed by one of Africa’s wealthiest entrepreneurs? Well, one thing is for sure— it’s no walk in the park. At least, that’s according to Charles Murray. Charles is a director of a messaging and internet calling app called ttrumpet that’s looking to capture a big share of Africa’s digital vouchering market. ttrumpet-- dubbed a "lifestyle app", is a subsidiary of Fastcomm, a tech group that boasts having billionaire businessman Patrice Motsepe as one if its shareholders. In this conversation, Charles tells Andile Masuku why he reckons that ttrumpet isn’t just another mobile app, and shares how his company plans to thrive in an ever changing social media landscape.

Is MTN Nigeria's Nightmare Over? (feat. Charles Murray) Jun 13, 2016

Show notes

On Friday, June 10th 2016 MTN’s stock price on the Johannesburg Stock Exchange jumped by 20%. This happened in the wake of the news that the firm’s nine-month Nigerian nightmare might finally be coming to an end. MTN has reportedly struck a deal with the Nigerian government, and is set to pay the Nigerian Communications Commission (NCC) $1.7 billion over three years— significantly less than the $5.2 billion they were initially fined for flouting SIM card registration regulations months ago. While MTN’s shareholders are no doubt breathing a sigh of relief, the company is not out of the woods yet, as according to the NCC, one of the conditions linked to the monetary settlement is the requirement that MTN list its Nigerian subsidiary on the Nigerian Stock Exchange “as soon as is commercially and legally possible”. While the jury’s still out on whether this is the last we’ll hear of this story, one thing is certain, this case sets one heck of a precedent, and that can only bode well for corporate Africa. Also in this week's African Tech Round-up, we feature part of a conversation Andile Masuku had with Charles Murray-- who is a director of the messaging and internet calling app, ttrumpet. Listen in to hear Charles talking about why he reckons ttrumpet isn’t just another mobile app, and sharing some of the pressures and perks of growing a startup that is a subsidiary of relatively successful tech group (Fastcomm) backed by one of the continent’s wealthiest entrepreneurs, Patrice Motsepe. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0

Naspers Now Worth Over ZAR 1 Trillion Jun 06, 2016

Show notes

If there were a race to being Africa’s largest media and internet company, out of fairness to other firms in the running, Naspers would probably be asked not to enter. After seeing its share price rise to an all-time high on the Johannesburg Stock Exchange last week— reaching R2,320.73 per share, pushing its market value to R1,02 trillion (±$6,7 billion), it’s now a matter of “catch me if you can” as far as any of the firm’s competitors closing in on them. In this week’s African Tech Round-up, Andile Masuku shares some of the reasons why Naspers stock is such a hot ticket at the moment, and dishes on the firm’s latest high-profile investment in a popular American e-learning platform. Andile also catches up with the Founder of Venture Capital For Africa (VC4A), Ben White. Ben’s organisation has recently published a report called the 2016 Venture Finance in Africa which highlights growing investor appetite in African early stage startups. Listen in to hear him unpack some of their findings, and give Andile a sense of the current state of play on Africa’s VC scene.

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