VC Investment Booming in Africa

Fintech is the "IT" industry in Africa

Venture capital is pouring into African markets and over 60% of all investments are in fintech. While the main driver for most investment is financial inclusion, it is important to understand that Africa isn't a single market. It is several markets, with vast cultural differences and over 3,000 languages. And the fintech ecosystems are developed on completely different technologies than Asian or LATAM markets. We talked to Johan Bosini and Kofo Agbage from Quona Capital about what investors need to know to enter the VC scene and when and where the innovation is growing fastest.

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Guests: Kofo Agbage, Investment Associate, Quona Capital Johan Bosini, Partner, Quona Capital

Hosts:
Sanjib Kalita, Senior Editor, Money20/20 Kisha Allison, Head of Content, Money20/20 USA

Producers:
Rachel Morrissey, Content Producer, Money20/20 USA Roland Bodenham, Senior Video Producer, Ascential

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