Why Investors Are Piling into African Startups

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Bloomberg Originals

Bloomberg Originals

Күн бұрын

Africa’s tech startups raised a record $5 billion in 2021 as investors piled into firms trying to fix the continent's thorniest problems. But money isn't flowing evenly.
#Africa #Tech #BloombergQuicktake
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Пікірлер: 477
@rahulsharma9699
@rahulsharma9699 2 жыл бұрын
All the best to Africa! Start-ups are pivotal for helping people grow out of poverty.
@simba8665
@simba8665 2 жыл бұрын
Corruption is the real problem.
@mungai8482
@mungai8482 2 жыл бұрын
it not Africa its kenya
@imgood6535
@imgood6535 2 жыл бұрын
@@mungai8482 only 4 unicorns lol 😆 USA alone has 1096 unicorns lol
@IfeanyiSolar
@IfeanyiSolar 2 жыл бұрын
Africa is not poor by the way. Your media and elementary school is deceiving you. The problem is corrupt leadership. It's even far more better to see africa as one of those asian third world countries than allowing poverty to be the first to come to your mind each time you think about Africa
@patrickmendoza3210
@patrickmendoza3210 2 жыл бұрын
Why compare the US to Africa? That's both hilarious and pathetic.
@Chris-gy7nm
@Chris-gy7nm 2 жыл бұрын
Mpesa helps me pay my school fees from DRC. Thanks Mpesa!
@mwanikimwaniki6801
@mwanikimwaniki6801 2 жыл бұрын
Interesting. It has a far reach
@itgamingke
@itgamingke 2 жыл бұрын
Benefits of DRC joiningg the EAC
@incrediblestevrhymz2260
@incrediblestevrhymz2260 Жыл бұрын
Am from Nigeria and currently in Goma DRC, and I have been thinking about using mpesa for my crypto purchases and in turn send money home....
@jaybee4577
@jaybee4577 2 жыл бұрын
Bloomberg have been bringing us Africa related stories. Nice 👍🏿 thanks.
@alfabraxton
@alfabraxton 2 жыл бұрын
*Am proud to be a Kenyan, keep on shining Africa*
@soulfulwapechi
@soulfulwapechi 2 жыл бұрын
So amazed to see a strong effort of tech growth in Kenya! Especially glad that Bloomberg is shining a light on this.
@soulfulwapechi
@soulfulwapechi 2 жыл бұрын
@@mungai8482 Yup, 100% correct. My fault.
@dantatadangote4700
@dantatadangote4700 2 жыл бұрын
Kudos to Bloomberg for covering Africa fairly. You do not see that with a lot of Western media outlets.
@mlionea
@mlionea 2 жыл бұрын
Stop thanking the devil.
@dantatadangote4700
@dantatadangote4700 2 жыл бұрын
@@mlioneastop believing in fairy tales as an adult. There's no devil.
@IfeanyiSolar
@IfeanyiSolar 2 жыл бұрын
@@mlionea He actually said the truth even though each media have their own objectives. Even your own local media is very well manipulated
@MrMaboboz
@MrMaboboz 2 жыл бұрын
@@dantatadangote4700 don't think that was meant for you.
@MrMaboboz
@MrMaboboz 2 жыл бұрын
@@mlionea You really hate white people don't you? Every video I see you comment in you are either bashing the West or white people. Which makes me wonder why you are using their technology in the first place.
@SouthAfricanCannabisExtraction
@SouthAfricanCannabisExtraction 2 жыл бұрын
Africa has so much potential upside, it really is about finding the teams on the continent that know how to execute within their markets.
@MrSupernova111
@MrSupernova111 2 жыл бұрын
Just repeating meaningless business jargon. Clueless!
@MrBhaha0
@MrBhaha0 2 жыл бұрын
Yah Africa is a market waiting to explode it just needs greater connectivity and to be more widespread modernization
@ultimateedgelord3586
@ultimateedgelord3586 Жыл бұрын
Agreed, more US companies should be setting up branches in Africa.
@donaldmwenesi4964
@donaldmwenesi4964 2 жыл бұрын
M-pesa was a success even before the world realized it. I think the same energy needs to be reciprocated in our African health sector.
@north_indian_pajeet_rendian_mc
@north_indian_pajeet_rendian_mc 2 жыл бұрын
I really hope Africa become a developed continent within 2100. Africa has the potential to become the future of humanity.
@smilesandshines5287
@smilesandshines5287 2 жыл бұрын
Really happy to see the future of AFRICA
@YoungMesrine
@YoungMesrine 2 жыл бұрын
Love from Gabon 🇬🇦..let's go Kenya let's go Africa
@salakast
@salakast 2 жыл бұрын
Last time I went to Kenya it was pretty trippy going from the pastorlist areas of the Turkana then driving down into Nairobi and seeing thick glasses wearing hipsters in cafes. And MPesa is EVERYWHERE. Even the Maasai use it!
@imacuser101
@imacuser101 2 жыл бұрын
This is absolutely amazing! I wish all of these companies the utmost success!
@TechSiyaad
@TechSiyaad 2 жыл бұрын
One area many Africans are lacking is lack of computer labs in schools, I am in Somalia and there is no computers to learn basic IT, coding etc and that makes hard to get talent to build next tech innovations. We hope those big tech companies help schools get basic IT equipment across Africa particularly Somalia.
@bensawadogo3108
@bensawadogo3108 2 жыл бұрын
I am a 16 years old Boy and I am passionnate about Business and Tech, And I will be launchching my Billion Dollar FinTech App in 2 years
@stevilburgess135
@stevilburgess135 10 ай бұрын
go Africa love from Australia. loved my visit to Kenyan nicest people ever.
@DaggieBlanqx
@DaggieBlanqx 2 жыл бұрын
I can't remember the last time I handled physical cash - thanks to MPESA. I am glad to see Bloomberg showing Africa's startup scene, more of this visibility will solve the problem.
@killercuddles7051
@killercuddles7051 2 жыл бұрын
Cash is the only way. Keep our freedoms. Use CASH.
@kennedymburu2591
@kennedymburu2591 2 жыл бұрын
First world still in the stone age of using cards
@salakast
@salakast 2 жыл бұрын
It was funny going into traditional Maasai area and seeing signs that said "MPesa accepted". It's everywhere now.
@simonmuriithi3378
@simonmuriithi3378 2 жыл бұрын
Mpesa has been a real gamechanger. Looking forward to more local innovations in AI and metaverse.
@Taylordessalines
@Taylordessalines 2 жыл бұрын
But who owns mpesa?
@WillieFungo
@WillieFungo 2 жыл бұрын
This is real Africa news, not the relentless negativity and fixation on social issues you see in France24 or BBC.
@ViriatoII
@ViriatoII 2 жыл бұрын
You're right. We Europeans have kind of lost hope in positive changes, sorry for that. It's not personal, it's part of a wider nihilism and pessimism towards everything in the world. Show us we're wrong!
@mwanikimwaniki6801
@mwanikimwaniki6801 2 жыл бұрын
@@ViriatoII We have no obligation to prove anything to you
@ViriatoII
@ViriatoII 2 жыл бұрын
@@mwanikimwaniki6801 I wasn't trying to fight, just wishing you to prove us wrong. I'll even edit that to "show us we're wrong!"
@aao449
@aao449 2 жыл бұрын
@@ViriatoII -Nihilism, pessimism, and absolute misery. You're right about that. That's all I see in the West and add to that violence in America in spite of Westerners being surrounded by trappings of "wealth". So sad,
@Eddyke
@Eddyke 2 жыл бұрын
@@ViriatoII I understand you and sorry for my broad here, we're becoming highly defensive in Africa😅
@lowyieldbondfunds
@lowyieldbondfunds 2 жыл бұрын
This is so awesome to see! I hope tech brings prosperity to Africa.
@syyke5502
@syyke5502 2 жыл бұрын
Kenyans are obsessed with tech and the internet, commenting from Nairobi
@eksadiss
@eksadiss 2 жыл бұрын
4:04 It wouldn't be a video about tech startups without footage of a foosball table.
@MGZetta
@MGZetta 2 жыл бұрын
It's time for Africa to become one of the economic superpowers.
@shangothunder1055
@shangothunder1055 2 жыл бұрын
Africa is a continent not a country.
@MGZetta
@MGZetta 2 жыл бұрын
@@shangothunder1055 That's why i said Africa, not Nigeria. Lol.
@raccoonious4038
@raccoonious4038 2 жыл бұрын
@@shangothunder1055 Africa usually votes in the international stage as one bloc. I'll go one step further - what is a nation? The concept of a nation is made up. It is whatever the entity that some group of people recognise they are part of. Sure, Africa has dozens of countries - mostly artificially drawn by European Imperial past. But it's important to know that it is exactly only that. What Africa is - whether it's a nation or regions or states or whatever is up to people living in Africa, and we should not try to use our westernised concepts to condescend them into telling them they are what we think they are rather than what they decide to be. Also, even if we do take the western definitions (the borders are there like it or not) much rather like none of any individual nations in European Union has any influence or presence in international stage, but European Union does, you can say the same about Africa (as a bloc). Africa could be considered an entity as they behave as such. So spare us your condescension. I think the more interesting question is can Africa do it and if so - how?
@shangothunder1055
@shangothunder1055 2 жыл бұрын
@@raccoonious4038 No it doesn’t.
@jamesbyrne9312
@jamesbyrne9312 2 жыл бұрын
@@shangothunder1055 Yeah but it has a strong identity like the US. So its almost like a country
@zinjanthropus322
@zinjanthropus322 2 жыл бұрын
Not mentioned is how much talent is lost to brain drain to the US and Europe where there is better pay. Also nearly all the investment is in fintech.
@bloggtalk5085
@bloggtalk5085 2 жыл бұрын
Tech business in places like Kenya has no brain drain.. actually it's opposite.
@fitawrarifitness6842
@fitawrarifitness6842 2 жыл бұрын
If money is the motivation, brain drain will continue for a long time.
@incrediblestevrhymz2260
@incrediblestevrhymz2260 Жыл бұрын
In Nigeria this is so true... I worked for a bank in Nigeria as an enterprise network engineer, between 2020 and 2022, Nigeria has suffered the biggest brain drain problem in Africa, virtually everyone I know is leaving to either Canada or UK... Cos our government is full of idiots.
@felixmakinda7689
@felixmakinda7689 6 күн бұрын
American and European companies are outsourcing IT services. People will still earn big locally.
@isoryte201
@isoryte201 2 жыл бұрын
I see great potentials in Africa, and it can accelerate faster with Nigeria and Kenya tech hubs collaborating (more), then helping South Africa and Egypt get on board to cover to cover and support the four regional markets. Nothing can get Africa to one currency and single market faster than unified tech hubs platform
@sykewtf9820
@sykewtf9820 10 ай бұрын
i can't speak on Egypt but SA already has a thriving tech scene,Cape Town is literally the start up capital of the continent .
@wecanwork
@wecanwork 2 жыл бұрын
Love to see the growth.
@inspireitoday
@inspireitoday 2 жыл бұрын
Really happy see them flourishing.
@adoogie2876
@adoogie2876 Жыл бұрын
The world has been undermining our knowledge,our power ,our capacities.we rising 💪🏾
@ewardprince4342
@ewardprince4342 2 жыл бұрын
Africa is the future .
@MabawaVocal
@MabawaVocal 2 жыл бұрын
people dont know that egyptians are in kenya and sudan,kenya has great thinking capacity,people have ideas that need investments and given opportunity they have a wired brain that will awaken and make ideas never thought before,nigeria and zambia have great minds too
@alinatoichubaeva8877
@alinatoichubaeva8877 10 ай бұрын
Great video!
@listenup2882
@listenup2882 2 жыл бұрын
Africa needs its own Black-owned versions of Facebook, Twitter, TikTok, KZfaq, WhatsApp, Netflix, Visa card, Spotify etc.
@faithzani6442
@faithzani6442 2 жыл бұрын
so that we can cut down on a lot of toxicity brought by social media and stop consuming western perspective
@stevves4647
@stevves4647 2 жыл бұрын
Hundred percent
@wolverine9377
@wolverine9377 2 жыл бұрын
America will hate it though
@butterfly9274
@butterfly9274 2 жыл бұрын
Exactly👏🏼
@kennethadler7380
@kennethadler7380 2 жыл бұрын
Black owned ? most of does companies are publickly listed anyone can own shares in them.
@itgamingke
@itgamingke 2 жыл бұрын
Thanks Bloomberg for covering this topic
@bgiv2010
@bgiv2010 2 жыл бұрын
Further proof that being plundered for centuries cannot stop the source of true greatness!
@FashionBusinessMastermind
@FashionBusinessMastermind 2 жыл бұрын
Inspiring!
@jodecip
@jodecip 2 жыл бұрын
Love this esp how Nigeria gave Kenya a run for its money. As a Kenyan, I am ashamed but as an African very proud of our bggest and important economy, Nigeria. Kudos Africa.
@incrediblestevrhymz2260
@incrediblestevrhymz2260 Жыл бұрын
Why will you be ashamed of being Kenya.... In terms of corruption, no African country has it bad than Nigeria, Nigeria has some of the most talented and enterprising young people in the Continent but corruption has continued to stifle business here in.... As long as we are surviving it and making something out of it, be proud of who you are or where you come from.... I am Nigerian by the way.
@solomonobihan9465
@solomonobihan9465 Жыл бұрын
LoL. It's like saying china gave Philippine a run for its money. It's the other way round, bro. Nigeria has more unicorns than Kenya and more tech talents.
@Klopp2543
@Klopp2543 2 жыл бұрын
Patent laws or rights are killing African start-ups. For example mpesa was patented by Vodacom and took huge amounts of money from the economy!
@celiasennon1494
@celiasennon1494 2 жыл бұрын
Thank you.
@rareupdatez
@rareupdatez 2 жыл бұрын
Wow. This is impressive.
@lokesh303101
@lokesh303101 2 жыл бұрын
Africa has a promising future in Tech.
@cashmagesh5135
@cashmagesh5135 2 жыл бұрын
Of interest too is Amazon has just initiated a major operation in cape town
@iconmusicke
@iconmusicke 2 жыл бұрын
This is commendable
@lostinmuzak
@lostinmuzak 2 жыл бұрын
Go Kenya. Biggest threat to investment in many African countries for private investors (as opposed to state sponsored investors from you know where) is political instability and corruption. What we don’t want is another software startup in Africa. Let start solving real issues of poverty such as shortage of education, water and energy and housing that can be used everywhere in the world. The most important being higher mass education. Unfortunately external investors want to make money in the short term which is not necessarily aligns with what the country needs for the long term. Go Kenya.
@dantatadangote4700
@dantatadangote4700 2 жыл бұрын
Innovation (which Startups fall under) can help with all that. You cannot expect to get ahead as a country if you are always depending on another country to innovate the technology you need. You can do both at the same time.
@ngutawalter6290
@ngutawalter6290 2 жыл бұрын
I like yo analogy
@usejasiri
@usejasiri Жыл бұрын
You know nothing, hope you have something to show for your theory.
@samdablew
@samdablew 2 жыл бұрын
Africa is the future and the future is now!
@sanojgreen8874
@sanojgreen8874 2 жыл бұрын
Kudos.
@dt6706
@dt6706 2 жыл бұрын
It's interesting how this historiography of African start-ups centres on companies that tapped into foreign funding. It's the only reason why you'd think Nigeria came to tech start-ups late. Companies like interswitch (one of the four unicorns referenced in the story) and ValuCard (now UPS) started as JVs of Nigerian banks from the late 90s/early 2000s. By 2003/4, ValuCard became first African fintech (that term wasn't common then) to receive direct investment in an EMV company.
@tkk3852
@tkk3852 2 жыл бұрын
What you are saying is true but to be honest, it was not until Mpesa was invented in Kenya in 2007 that the world took notice of Africa's tech space. Mpesa and other similar mobile money products took Africa by storm and led to the formation of the hundreds of fintechs that we see today. Landing of the fibre optic cable also helped boost Africa's tech space.
@dt6706
@dt6706 2 жыл бұрын
@@tkk3852 What dies it matter if the 'world' didn't take notice of our own development model? My point exactly is that we need to question narratives that centre western intervention. The fact is that the growth of the digital space in Nigeria is not some fluke, but a legacy close to three decades of tech ecosystem building. Just as it's entertainment is beneficiary of 60years of tv production. These things are not flukes.
@slxyrbxm7402
@slxyrbxm7402 2 жыл бұрын
@ deji&jinmi Word
@bernardkisandu2308
@bernardkisandu2308 2 жыл бұрын
These investment aim in just one industry that what surprises me. They all look for tech industry and not the others for us who aim for other industry we are left behind. I think we need to give these other industry start ups another eye.
@ibizawavey8630
@ibizawavey8630 2 жыл бұрын
Look at Canada, Tech and Real Estate is driving the wave. EV will be the next big industry. Africa should actually ramp up Tech education/growth, it is the 4th industrial revolution and we shouldn't miss on this.
@ashitmallick6199
@ashitmallick6199 2 жыл бұрын
Nice to see the African startup scene. I wish they move more and more into Asian economies like India, China , Bangladesh and ASEAN . And Asian startups should start infusing capital in the budding startups of Africa . 👍👍😃
@mungai8482
@mungai8482 2 жыл бұрын
its not Africa its kenya
@trumpfuckbidentrumpfuckbid4859
@trumpfuckbidentrumpfuckbid4859 2 жыл бұрын
Lol china don't need it, china has complete internet chain ecosytem😂😂
@asternoah5534
@asternoah5534 2 жыл бұрын
@@mungai8482 So Kenya isn't Africa? Speaking English doesn't make you European.
@mungai8482
@mungai8482 2 жыл бұрын
@@asternoah5534 Isn't the earth in the solar system...isn't that in the galaxy so on n so fourth whats your point Noah? having a brain doen't make you smart man from the ark..Its a continent not a country...we specify when mentioning European countries and in the states we specify which city and state so come correct when you talking about the wealth generator of the world...the gem,the goldmine of music culture cobald diamonds you name it....every country is amazing and unique in its right...specify that Cobalt is from The DRC not from Africa...so on n so fourth peace punk.
@massmanpro
@massmanpro 2 жыл бұрын
I was also wondering why she didn't mention any Asian countries 🤔
@sanjanimwambaghi4960
@sanjanimwambaghi4960 2 жыл бұрын
Africa's Century!!
@crappymeal
@crappymeal 2 жыл бұрын
this makes me happy 🤩
@nurudeen2881
@nurudeen2881 2 жыл бұрын
Great 👍
@lifesparktvkenya
@lifesparktvkenya 2 жыл бұрын
Bloomberg tells African stories so authentically and in an inspiring way! Shout out to you.
@grabagrabba
@grabagrabba 2 жыл бұрын
the motherland
@Koblinkafrica
@Koblinkafrica 2 жыл бұрын
Let’s go Africa
@lazarusngarize
@lazarusngarize 2 жыл бұрын
Quite encouraging with the upsurge in unicorns but I am still worried that Africa is still not benefiting enough as the many external multinationals who provide the startup investments or funding do not allow a return-on-investments to close Africa's widening inequality gap.
@MichaelMichuki
@MichaelMichuki Жыл бұрын
Next time put the names of the speakers, so that people can be abe to contact or reach them - Great video though. As a software engineer with a startup i am looking for ways to develop relationships with people who can help
@mwandokamau
@mwandokamau 2 жыл бұрын
Beautiful marketing for our LOVELY COUNTRY... BEAUTIFUL.
@nellym46664
@nellym46664 2 жыл бұрын
Flutterwave sorta reminds me of SWIFT, although in a fledgling form. I'd suggest they expand and fully integrate themselves all over the continent first before entering western markets.
@toddmaek5436
@toddmaek5436 2 жыл бұрын
Would be smart of their part
@fitawrarifitness6842
@fitawrarifitness6842 2 жыл бұрын
Exactly they should expand into the Caribbean and South america first also. Flutterwave solves the issue of multiple currencies, which is something that exist in the Caribbean and South america more than in the USA or European Union.
@Greyalien587
@Greyalien587 2 жыл бұрын
they are looking the wrong way, decentralized crypto is the answer... lol they are just copying west old structure instead of following the new wave
@pchab1966
@pchab1966 2 жыл бұрын
Yes. Absolutely. Hope they take note of your point.
@techtalk77
@techtalk77 2 жыл бұрын
Mpesa actually revolutionalised mobile money in the world!
@hamidraza2948
@hamidraza2948 2 жыл бұрын
Wow Beautiful Kenya 🇰🇪
@MrPrentissDJones
@MrPrentissDJones 2 жыл бұрын
African diaspora, make sure you get in on this! You know who can’t always be on 🔝 (both of them)
@anthonymiclet7648
@anthonymiclet7648 Жыл бұрын
And this is why we have built daba finance. We want to make it easy for anyone to be able to tap in the most exciting economic region of the world: Africa!
@zipp1964
@zipp1964 2 жыл бұрын
Never forget that those who own the fiber cable into a country have the power to influence and without natural resources a computer, mobile phone would not exist.
@wilcoxdaniel9825
@wilcoxdaniel9825 10 күн бұрын
Soft tech.. Africa has to concentrate on the hardctech as well. Making instruments, electrical devices, computer chips, mechanical things, chemicals sewing them a together in a meaningfull yet noncompetitive way for Africa's mothers and daughters to live better lives.
@tetraalfa
@tetraalfa 2 жыл бұрын
8:32 that’s zuck with Bihari in Lagos not Kenya
@hitesh11111
@hitesh11111 Жыл бұрын
M pesa was also in India...by Vodafone
@agoodfilter7139
@agoodfilter7139 Ай бұрын
Meanwhile… leaving out South Africa…
@denniskibbz1431
@denniskibbz1431 2 жыл бұрын
Mpesa is not a start-up its been active for more than 10yrs. It's its own financial system.
@nehash89
@nehash89 2 жыл бұрын
Africa as a continent is larger than USA, China and India combined. Can’t we have identity the countries in the continent and not the continent as a whole?
@DirtyEdon
@DirtyEdon 2 жыл бұрын
nah because the continent is growing as a whole plus due to AFCTA the largest trade agreement on earth Africa now acts as a single market under the law.
@lm_b5080
@lm_b5080 2 жыл бұрын
i think its beneficial to Africa to move trade & brand globally as a block (AfCFTA is great), but you can't really say that the reality of tech founders living in the leafy suburbs of Cape Town is similar to a start-up founder looking for funding in CAR or DRC. By grouping the continent, we may be doing a disservice & increasing gaps further
@DirtyEdon
@DirtyEdon 2 жыл бұрын
@@lm_b5080 I agree it will take decades to fully come to into effect, but starting somewhere is the first obstacle.
@antihypocrisy8978
@antihypocrisy8978 2 жыл бұрын
You should. But the imperialist Western minds still group Africa as one, similar to how Asians are lumped into one group.
@1033kassaw
@1033kassaw 2 жыл бұрын
Enable the clip feature to really go viral
@stefanjuma4179
@stefanjuma4179 2 жыл бұрын
2 trillion dollar companies just moved to Nairobi. Google and Amazon. Google development center which is a first in Africa.
@RA-ms3je
@RA-ms3je Жыл бұрын
Also Nigeria too both companies
@sykewtf9820
@sykewtf9820 10 ай бұрын
what are you saying bro?😂 Amazon is currently building their African headquarters in Cape Town South Africa so i dont know what you are bragging about.
@AmazingMania
@AmazingMania 3 ай бұрын
​​@@sykewtf9820just check from Netflix Africa, Starlink, Google, BBC, Air France, IBM, , etc are all being situated in Kenya for a reason..... Amazon is not common in East Africa and that's why it was moved to Capetown
@mitziepoo5869
@mitziepoo5869 2 жыл бұрын
Wonder what's the catch
@conforzo
@conforzo Жыл бұрын
The population of the world is diminishing. Europe, America, Asia. Just more and more old people. The only place with lots of young people *hungry* for bettering their lives is Africa. Rwanda, Nigeria, Kenya etc. These are the future tech-capitals of the world.
@stlouisix3
@stlouisix3 2 жыл бұрын
MummyAfrica needs private investment and entrepreneurship so this is a more positive video than seeing 'MummyAfrica got loans from a Chinese state-owned, CPC-controlled company' which is corrupt MummyAfrican politicians taking their countries into irrational, impoverishing debt. MummyAfrica needs to gain a variety of investment means from private institutions, not state organisations❕️
@chuckscott4661
@chuckscott4661 2 жыл бұрын
Father Africa*
@SimonZimmermann82
@SimonZimmermann82 2 жыл бұрын
Are the sweet 'now comes Africa' headlines on already? Usually you wait for the summer break. Why not do a migraines story? Haven't heard one since last year
@MansaKimani
@MansaKimani Жыл бұрын
lookout for safiboda startup this year
@joshuaojo-aromokudu4176
@joshuaojo-aromokudu4176 2 жыл бұрын
African startup founder here. Not sure if it’s weird to look for seed investors in KZfaq comments 😅 If you’re interested in a pitch you can reach out 🙏🏾 this is kind of a Hail Mary so, sorry for the abruptness
@fabiandyke
@fabiandyke 2 жыл бұрын
Not the typical way when looking for investors. However, best of luck to you
@ricecripsies4099
@ricecripsies4099 2 жыл бұрын
how do I contact you
@mwanikimwaniki6801
@mwanikimwaniki6801 2 жыл бұрын
@@ricecripsies4099 they probably had a LinkedIn
@artofexistance
@artofexistance 2 жыл бұрын
check sizes you’re looking for?
@muller_509
@muller_509 2 жыл бұрын
You miss a vital information; how can we look you up? Tip: always make it easy for people to reach out.
@BashiyrDouglas
@BashiyrDouglas 2 жыл бұрын
We are Global African Indigenous people!! Love and Unity is the best key for us all together!!💯 Also Giving thanks to the Great Mother's/Goddesses and Great Father's/Gods and the Ancestors and Guardians!! Saying from Snefer aka Bashiyr!!👸🏿🤴🏿
@_____.3958
@_____.3958 2 жыл бұрын
Africa is the future
@Curious_human_
@Curious_human_ 10 ай бұрын
India has already created ONDC and UPI api which can be used for online delivery market scene and online payment. It can be used by Africa for online ecosystem
@chalgoode6449
@chalgoode6449 6 ай бұрын
India can use its technologies to fix Indian problems
@pneron2032
@pneron2032 2 жыл бұрын
Women led women owned...we don't care. We want competence and that is it.
@mwanikimwaniki6801
@mwanikimwaniki6801 2 жыл бұрын
Exactly.
@pneron2032
@pneron2032 2 жыл бұрын
@MsZoomification Why does "women led women owned" matter?
@pneron2032
@pneron2032 2 жыл бұрын
@MsZoomification My question was why was it important for you.
@abt8825
@abt8825 2 жыл бұрын
Wakanda Forever!
@techfarmllc
@techfarmllc 2 жыл бұрын
They will grow if they are solving real African problems
@DjmitchG
@DjmitchG Жыл бұрын
The new gold rush
@operator9858
@operator9858 2 жыл бұрын
I hope they learn from the mistakes of the west but experiance has shown that humans never see the corporation coming until its far too late..
@b_8103
@b_8103 2 жыл бұрын
It's headquartered in San Francisco.
@djJinjiny
@djJinjiny 2 жыл бұрын
Ayeee lesss go Africa!!!! I want Africa to win so bad because I want to retire there
@eadienungari6273
@eadienungari6273 2 жыл бұрын
Kenya is lit 🔥
@xumenikomeshoshinana7038
@xumenikomeshoshinana7038 2 жыл бұрын
The money is in manufacturing and farming. Software is secondary. We don't have a African computer. Invest in value addition. Tech startup are focused in urban areas we struggle with electricity and data.
@blessedAfrikan217
@blessedAfrikan217 2 жыл бұрын
Many of those investors faces are not the funders of those investments.
@jgwizo
@jgwizo 2 жыл бұрын
A lot of foreign investors still are guilty to unfair benefit sharing. Western corporations have an advantage versus African ideas as they have pressure to monetizing ideas.
@falatsi6096
@falatsi6096 2 жыл бұрын
Great stuff! I struggle to see how women are particularly disadvantaged here though, that felt like a bit of a reach.
@Scipio_Afrocanus
@Scipio_Afrocanus 2 жыл бұрын
The entire video old mentions Nigeria, South Africa, Kenya and Egypt. You can’t call this an African trend if it only happening in 4/54 Countries in on the Continent. The lack of specificity is a major disservice to a lot of countries that are capital starved.
@Shaq94701
@Shaq94701 2 жыл бұрын
You're right, but we gotta start somewhere. Highlighting the places that have had success to inspire and show other ways of supporting this movement so that hopefully these can lead to improvements of those countries with lesser capital does not seem like a disservice to me
@MrSupernova111
@MrSupernova111 2 жыл бұрын
Its a start. Stop hating.
@lemonhead1256
@lemonhead1256 2 жыл бұрын
@@MrSupernova111 it’s not hate. it’s a critique.
@merrymachiavelli2041
@merrymachiavelli2041 2 жыл бұрын
At one point they specifically make that point? It's at 11:40.
@MrSupernova111
@MrSupernova111 2 жыл бұрын
@@lemonhead1256 . There is nothing to "critique." You ever built anything in your life? You have to start somewhere. Get it through your thick head.
@thembamoloi583
@thembamoloi583 2 жыл бұрын
Great vid Bloomberg, but remember that Kenya is not Africa, so to say investors are piling into African startups but you're only talking about Kenyan companies is just not fair. We are doing far more awesome things here in South Africa and Southern Africa as a whole but no light is being shone there, I am telling you there is massive innovation in the fintech sector and energy sector too here in South Africa.
@solomonobihan9465
@solomonobihan9465 2 жыл бұрын
Nigeria has 4 out of 6 African tech unicorns, yet very little was said about Nigeria.
@MrMatujames
@MrMatujames 2 жыл бұрын
It's not a competition guys.
@tkk3852
@tkk3852 2 жыл бұрын
How does it feel for once when Kenya and Nigeria get the shine? South Africa always gets the shine. For once South Africa has not been mentioned and you are up in arms. To be honest Kenya's and Nigeria's tech start up space is more vibrant than South Africa's at the moment, looking at amount of funding raised and number of start ups produced.
@Brian-bo4bz
@Brian-bo4bz 2 жыл бұрын
Kenya is Africa we are a country in Africa how are we not Africa
@sykewtf9820
@sykewtf9820 10 ай бұрын
​@@solomonobihan9465Nigeria is literally the unicorn capital of the continent.
@MrSupernova111
@MrSupernova111 2 жыл бұрын
Pretty coo!
@maxinthedam
@maxinthedam Жыл бұрын
Jessica Colaco is a legend.
@wecare838
@wecare838 2 жыл бұрын
*Asia and Africa needs to trade and invest in each others market more.* Edit: I just realised yt is removing my reply to my own comment. Crazy level of censorship going on, it seems.
@crappymeal
@crappymeal 2 жыл бұрын
100%
@zinjanthropus322
@zinjanthropus322 2 жыл бұрын
Africa doesn't have much to offer Asia besides arable land for food and minerals. Asia would dominate in intellectual property and destroy all these African start-ups.
@mwanikimwaniki6801
@mwanikimwaniki6801 2 жыл бұрын
@@zinjanthropus322 Possibly
@itumo2645
@itumo2645 2 жыл бұрын
@@zinjanthropus322 >>> You’d be surprised.
@zinjanthropus322
@zinjanthropus322 2 жыл бұрын
@@itumo2645 American and European tech workers are being outmatched by Asians and somehow you imagine Africans can directly compete? That's not where our advantages lie.
@theadongo
@theadongo 2 жыл бұрын
They have raised record funding but they don't have budget for creatives.
@5daqiiqo187
@5daqiiqo187 2 жыл бұрын
We need to come up with new and creative ideas, copping the west and Chinese technologies will not help Africa grow bigger. Especially hardware startups.
@vladimirputinforUSA
@vladimirputinforUSA Жыл бұрын
No budget because it went into their pockets
@uriludger6392
@uriludger6392 2 жыл бұрын
Y'all haven't seen the flutterwave story👀👀👀
@rbee3962
@rbee3962 2 жыл бұрын
Bloomberg how many counties are in Africa? 54 I think you didn't know I swear 😂
@wekesa25
@wekesa25 2 жыл бұрын
KENYA KENYA KENYA Na vile tunasumbuka kupata hata internships pekee.
@AmazingMania
@AmazingMania 3 ай бұрын
A growing economy doesn't create jobs only it creates opportunities beyond jobs ....you must find your niche
@anoirbentanfous
@anoirbentanfous 2 жыл бұрын
The future is African
@grabagrabba
@grabagrabba 2 жыл бұрын
history repeats itself
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