Africa Startup Series – Maya Horgan Famodu, Ingressive Capital - Africa Holds The Fastest Growing Consumer Class, Fastest Growing Population & Fastest Growing Middle Class in The World | #369

In episode 369, we welcome our guest, Maya Horgan Famodu, founder of Ingressive Capital, a VC fund focused on early stage African tech, and believed to be the youngest person to launch a tech fund in Sub-Saharan Africa.

In today’s episode, we start with Maya’s journey to the African tech scene.  She lays out the factors behind the recent explosion in funding that the continent has recently seen - strong demographics, high growth, and rapid tech adoption. Then we get into some companies she’s invested in, specifically a lot of “X for Africa,” the African equivalent of companies like Stripe, Robinhood, Flexport, and Plaid. And we even touch on 54gene, which we highlighted in episode 345. 

As we wind down, we hear what lies ahead for Maya now that she just finished raising her second fund of $50 million.  

-----

Follow Meb on Twitter, LinkedIn and YouTube

For detailed show notes, click here

To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com

-----

Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Join today and get access to quarterly CAPE ratios, an excel quant backtester and the entire research library.

Learn more about your ad choices. Visit megaphone.fm/adchoices