#14 | The Agile Growth Entrepreneur Newsletter This week I explore "If Africa Still Present's A Compelling Investment Case." Amid discussions about rising global inflation, high food prices.........
Welcome to this week's Agile Growth Entrepreneur Newsletter
Amid discussions about rising global inflation, high food prices, supply constraints, the war in Ukraine, and climate change targets, is there a positive story to tell about investing in Africa? When it comes to global trade, where does Africa, a prosperous continent propelled by agricultural exports and commodities, fit in, and are there any opportunities left?
Several African countries are still attempting to build and stabilize their economies by decreasing their reliance on FDI and aid. However, despite advancements in the last few years, a significant hurdle for homegrown entrepreneurs is still gaining access to finance and funding.
African countries are becoming more important to the world economy because they have some of the fastest-growing economies in the world. The population is young and growing quickly, and household income and consumption are expected to increase. In addition, access to digital and mobile technology is growing quickly, the infrastructure gap is closing, and Africa is getting ready for mass industrialization. Also, the U.S. government has taken steps that have never been done before to help investors. And because business environments are changing all over the continent, the chances of investing in Africa’s many different countries are much better than they were a few decades ago.
Pan - African Startup Stories
Layoff Convos #1: Why are highly valued tech companies massively laying off employees?
Google has selected 60 African startups for its second Startups Black Founders Fund (BFF)
Google’s second fund for Black African founders achieved gender parity
Africa Must Fast-track Adoption of Proven and Sustainable Solutions to Survive Food Crisis
Weekly Economic Index: Africa’s Tech Economy Shows A Bullish Trend Despite A Surging Inflation
A Young Population, Innovation, Technology Will Transform Africa – CEO Of Innovarx Global Health
Nigerian digital bank Kuda is the latest African startup to lay off employees
Pan - African Startup News
Online carbon marketplace startup raises another €4.2 mln from investors
60 African startups receive $4 million equity-free funding from Google
Nigerian banking-as-a-service startup Anchor raises $1m pre-seed round
Nigeria's MVM bags $3.2 mn; Egypt's 3atlana, el-dokan, Carzami & Emonovo pick early cheques
Pan - African Gaming News
Metaverse Magna mints $3.2M to develop Africa’s largest gaming DAO
Wemade announced a strategic investment in MVM, an African P2E guild project
Africa's Gaming Industry is Recording a Small Yet Significant Amount of Investment Amid
Trump-Inspired Game’s Success Galvanizes Africa’s Developers
Venture Studio Stories
Venture Studio News
Startup Studio Framework | How We Scaled a Portfolio of 12 Digital Products to 1M
At our startup studio, we run a portfolio of 12 digital products valued at over 1 million dollars. In this video I walk you through the steps we take when launching products within our startup studio. 🦄 Join Kibi.One -
ABOUT THIS VIDEO
In this video we'll dive deep into the startup studio business model and look at the different types of startup studios that are out there. We'll talk about venture builders, accelerators, VC incubation programs and builder studios. At Kibi.One, we come up with our own ideas, fund our projects ourselves and build our products in-house. In this video tutorial I'll walk you through our entire framework. While our projects don't often have formal business plans, we do have a systematized model and playbook that we run each project through. In this video, I'll walk you through our entire process. If you want to learn more visit us over on our website here: 👉
https://www.kibi.one/
👉 NoCode & SaaS development blog: https://www.kibi.one/blog/
📖 CHAPTERS 📖
0:00 Introduction to startup studios
0:30 Benefits of startup studios
2:22 Different types of startup studios, accelerator programs, incubators etc.
4:24 Benefits of builder studios
7:02 The downsides of startup studios
8:40 Startup studio framework
9:17 Project conditions
10:06 Launching projects
11:49 Looking for early signals
13:04 Product development
14:31 Startup studio marketing
16:05 Getting to 1000 visits / day
17:58 No-Code SaaS incubator program
What I’m Reading
Too many businesses start with a big idea and ultimately fail because nobody wants to pay for their product. What are they missing? The Audience-Driven approach of an Embedded Entrepreneur.
Instead of building solutions looking for customers, Embedded entrepreneurs find customers and build a solution with them. They join communities, observe, participate and take these learnings and transform them into products people need and businesses customers love.
If you want to find your future customers, discover how you can help them, and build an audience while growing your business, I invite you to become an Embedded Entrepreneur.
When you begin building your business with your future audience in mind, the guesswork ends. The Audience-Driven approach of an Embedded Entrepreneur is the path to a sustainable, customer-centric business.
In The Embedded Entrepreneur, you will learn:
Audience Discovery: who do you want to serve and empower?
Audience Exploration: where does your future audience hang out?
Problem Discovery: which critical problem does your prospective audience have that you can turn into a business?
Audience-Building: how can you leverage social media to build (with) your audience?
Arvid Kahl is a software engineer, entrepreneur, and writer who has been building (for) his audience successfully for years. He built a SaaS business to $55,000 Monthly Recurring Revenue with his partner Danielle Simpson. They sold the business for a life-changing amount of money within two years. Arvid wrote the best-selling book Zero to Sold while building a loyal following of tens of thousands on Twitter.
The Embedded Entrepreneur is your practical guide to finding the right audience and building the product they need.
The Week in Podcasts
Why Investors Are Piling into African Startups
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.
He Left USA to Build a Billion Dollar Tech Company in Nigeria
Uwem Uwemakpan,VP of Ingressive Capital on sustainable value creation in Africa
How is Sub-Saharan Africa rising to today's challenges? In this week's episode, we hear from Uwem Uwemakpan the Vice President of Ingressive Capital as he explained and talk about the entrepreneur being collaborative, not competitive path sustainable value creation and empowering the next generation.