“The African insurance industry alone is $156 billion a year. $31 billion of that is lost to fraud. Not because it has to be — but because it hasn’t been fixed yet. So how can we use artificial intelligence to improve these processes? That’s the space you should start thinking about.” — Maya Horgan Famodu…
Airplane taking off from the airport airplane aircraft vehicle.
By Maya Horgan Famodu
When I talk to early-stage founders across Africa and beyond, one thing often strikes me: how many of us are so focused on building the product, the team, and the pitch, that we overlook the most basic truth of startup survival—
How…
And here’s why Nigeria, Kenya, and the rest of the continent should take note.
Early this month, Ghana quietly did something revolutionary: it mandated that 5% of pension fund assets be allocated to private equity and venture capital. Ghana mandates 5% pension allocation to private equity/VC – Africa Global Funds
At first glance, this might…
There is a saying that goes, “Time flies when you're having fun,” and that’s true…sort of because there are research papers that both support or critique the statement. Research papers aside, I strongly believe that it's true, especially for creative individuals. I vividly remember my early days as a designer, those days were…
Fundraising for startups is a challenging process, and founders may face numerous hurdles when trying to secure funding. These challenges can include a lack of interest from investors, a lack of financial literacy, a lack of understanding from investors, and difficulty navigating the fundraising landscape. African founders are not exempt from these challenges, but there…
The global economy is facing an unprecedented decline, with inflation rates higher than in previous decades. The conflict in Ukraine and the fast pace at which the world is adopting digital technologies seem to be contributing to disrupting life as we have all known it, from commodity supply to food and energy prices and amidst…
