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Africa's Market Explained
How I closed my first investor check in 48 hours
Season 4, Ep. 1
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This is the premiering episode of a podcast series on the fundraising experiences of founders in Africa.
Guest speaker: Adeshina Adewumi John, CEO/Founder of Trade Lenda. A financial inclusion global change maker recognized by the International Finance Corporation (World Bank), Meaningful Business Ernst and Young Entrepreneur and International Trade Council in 2018, 2021 and 2023 respectively.
Main takeaways:
1. That fundraising at an early stage is more of an art. There is a one-size-fits-all strategy to fundraising, it depends on the type of investor and what you are building.
2. The importance of trust and a strong support system while rising in the African tech ecosystem.
3. VCs without capital should stop signing term sheets as it affects founders' plans and increases the risk of startup failure.
Powered by Bantaba, a platform connecting African tech companies with talent and capital. Are you an angel investor? Get in touch here.
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1. Developing an investment thesis in the African context
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Before You Invest
00:40A series that explores topics and processes investors should know about startup funding in Africa.