It is #23
It is something to celebrate: yesterday, we sent the 23rd invoice for my PAID speeches this year. Last month, we increased our rate from $5k to $10k in Africa, and from $10k to $20k internationally. When we made that decision,…
AfCFTA will make UBA, Ecobank and Standard Bank the Most Vital African Banks
AfCFTA (African Continental Free Trade Area) will unify African trade and most elements of the real sector. That would be a huge opportunity for Nigerian banks with deep continental footprints. United Bank for Africa (UBA) with presence in about 20…
Hiring Co-Founders
I sent this note to a Fund we work with; expanded for clarity here. Visit this link on the career page of Rocket Internet, the parent of Jumia. The company is looking for “Co-Founders” to hire for its digital businesses.…
The World Begins To Pay China
The International Monetary Fund (IMF) has approved a bailout for Congo Republic which has been under the weight of loans it took from China. Magically, China gets its money back, and also keeps the prized cobalt mines which had been…
African Fintech’s PAPSP Challenge as ACFTA Ramps Up
Are you a fintech? Things are changing very fast in Africa. From all the elements I have seen as the African Continental Free Trade Area (ACFTA) ramps up, the selling point of most fintechs will collapse on the day ACFTA…