[Transcript] #19: Africa Tech - 2021 and Beyond

Recorded Dec 27, 2020

Bankole here,

At the end of our first year recording Afrobility, we recorded a special episode looking into the future. How did 2020 go? What did we want to see in 2021? What was likely? I was pretty optimistic, and didn’t see this downturn coming, at least not in Africa Tech. I even wrote a starry-eyed blog about it.

Ah, those were the best of days. Fintech was trading at astronomical multiples. Chipper Cash raised over $50M in the previous 12 months, and Paystack announced the sale to Stripe in October. Nothing could go wrong.

It was a great conversation. You can listen to the full episode here. As always, paid subscribers can access the full transcript below.

Thank you for being a subscriber, and I look forward to continuing the Africa Tech conversation with honesty and appropriate optimism.

Bankole

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[00:00:00] Olumide Ogunsanwo: Welcome to Afrobility, a conversation about African business and technology. Today, we're going to discuss the future of the African tech ecosystem. We'll discuss our hopes for African entrepreneurs, startups, investors, and tech businesses in 2021. And then we'll end with a quick discussion of our future podcast plans.

This episode was recorded on December 27th, 2020. Be dope. How goes it? I'm good, man. How are you? I'm doing well. You know, I actually had in my notes to say Floreat, but then I was like, huh, that's a little too inside baseball.

[00:00:35] Bankole Makanju: People should know that we both went to King's College.

[00:00:38] Olumide Ogunsanwo: we talking about today? Okay, so today we're going to talk about 2021 Africa Tech, some of the stuff we'd like to see, and yeah, the evolution of the African Tech ecosystem in the short term. Why aren't we doing predictions,