The AVCA Podcast

Episode

• ‘Current Affairs’ The Jurisdiction Advantage: Why Kigali Matters 23.06.2026 23mnt

  In this episode of the AVCA Podcast, we sit down with Hortense Mudenge, Chief Executive Officer, Kigali International Financial Centre (KIFC), to explore how Kigali has emerged as a leading jurisdiction for fund domiciliation in Africa, the policy choices that underpin its growth, and what fund managers should consider when selecting a domicile. Learn more about KIFC: kifc.rw
• Thematic Series | From Fields to Factories: Scaling Africa’s Real Economy with Oxano Capital 27.05.2026 29mnt

  Explore the untapped potential of Africa’s manufacturing and agriculture sectors. This episode highlights how investor attention has skewed toward technology and digital innovation. Learn about the impact on key sectors such as agro-processing and why the commercial potential make these areas are ripe for exploration.Learn more about Oxano Capital: https://oxano.capital/Read the Oxano Capital Case Study: coming soon
• 'Inside the Raise' How to Reach Final Close 26.03.2026 54mnt

  This conversation will explore how leading Africa-focused fund managers have successfully raised capital in the current fundraising environment and how their investment strategies are evolving to capture opportunities across the continent.The session will also examine broader themes, including:▪ The resilience of African private capital▪ Emerging sectors and opportunities across African markets▪ The investment case and broader perspectives on the African investment landscape.Find out more these headlines on AVCA Member News below:Amethis Fund III reaches final close at EUR406mnSahel Capital Agribusiness Fund II reaches first close at US$29mn, makes first investmentXSML Capital closes African Rivers Fund IV at US$142mn
• Thematic Series | Courageous Capital: The Future of VC in African Tech  27.01.2026 38mnt

  Marsha Wulff, Co-Founding Partner, LoftyInc, shares her insights on investing in Africa's emerging tech ecosystem. She discusses the essence of “Courageous Capital,” highlighting the critical role investors must play in supporting not only entrepreneurs but the systems they are building.Read African Ngenuity: An Investor’s Guide to a Vital Tech Ecosystem by Marsha Wulff:https://www.amazon.co.uk/African-Ngenuity-Investors-Guide-Ecosystem-ebook/dp/B0FLYC7L9P
• Thematic Series | Credit Where It’s Due: Turning Africa’s Risk Perception Into Resilience  25.11.2025 30mnt

  In this episode, we take a closer look "Inside the Raise" with Isha Doshi, Co-Founder, Partner & CFO, TLG Capital, about the evolution and transformative potential of private credit in Africa. How can disciplined structuring and impact-focused lending deliver strong returns whilst reshaping global perceptions of African investment risk?
• Thematic Series | Building the Invisible Infrastructure: Kuunda’s Journey to Powering Africa’s Digital Lending Revolution 25.11.2025 38mnt

  In this episode, we dive "Inside the Deal" with Bruce Nsereko-Lule, General Partner at Seedstars Africa Ventures, and Andrew Milne, Group Co-CEO of Kuunda, to unpack one of Africa’s most compelling fintech success stories.
• 'Inside the Exit' Health Horizons: Lessons from an Impact Exit with Leapfrog Investments 24.09.2025 46mnt

  LeapFrog Investments recently completed its exit from Goodlife Pharmacy, East Africa’s largest retail pharmacy platform, marking a significant milestone in the region's healthcare sector. Under LeapFrog's guidance since 2017, Goodlife expanded from 19 to 150 stores, serving over 2 million consumers annually. The acquisition by CFAO Healthcare, a subsidiary of the Toyota Group, underscores the growing confidence in Africa's healthcare market and the potential for private capital to drive impactful growth.  In this podcast we deep dive into the vision, key obstacles to success, and lessons learnt along the momentous journey from investment to exit.   
• Africa's Infrastructure in 2025: Rachel More-Oshodi on the M300 Summit 11.03.2025 36mnt

  In this episode of the AVCA podcast, Rachel More-Oshodi, CEO of ARM-Harith Infrastructure Investment, shares insights from the Mission 300 Africa Energy Summit and discusses trends in Africa's infrastructure landscape.Drawing on findings from AVCA's 'Private Capital Investment in Africa's Infrastructure' report, Rachel examines how Africa's renewable energy resources present environmental and economic opportunities. She discusses the shift towards decentralised energy solutions, blended financing approaches and efforts at regional collaboration.With extensive experience in infrastructure investment, Rachel addresses execution challenges while explaining ARM-Harith's strategy for mobilising local pension funds. Her perspective highlights energy access as a foundation for Africa's industrialisation and economic development.The conversation offers practical observations for investors and fund managers navigating infrastructure opportunities across the continent.Visit the AVCA website avca.africaFind out more about ARM-Harith armharith.com
• The Power of Storytelling in African Private Capital 07.02.2025 29mnt

  How does storytelling shape the future of African privatecapital?In this episode, Bidemi Zakariyau Akande, Founder of LSF PR,and Yolande Tabo, Investor Relations Principal at Convergence Partners, break down the power of storytelling in investment and business. From building brand trust to attracting capital, they reveal how the right narrative can be a game-changer—and how the wrong one can be costly.With real-world case studies and deep industry insights,Bidemi and Yolande explore the intersection of storytelling, data, and strategy in shaping Africa’s investment landscape.Discover how compelling narratives drive success in privatecapital.Find out more: LSF PR:⁠https://www.lsfpr.com⁠Convergence Partners:⁠https://www.convergencepartners.com⁠
• Global Ambitions, Local Talent: On P1 Ventures' African Tech Mission 28.01.2025 38mnt

  What does it take to build global tech companies from Africa? In this episode, Mikael (Mika) Hajjar, Co-Founder and Managing Partner at P1 Ventures, shares how his firm identifies exceptional founders in unexpected places. With US$50 million deployed across 34 companies, including Yassir, Raenest, and Nuitée, P1 Ventures combines data-driven insights with a boots-on-ground presence across Cairo, Lagos, Nairobi, and Dakar. Mika demonstrates how category-defining companies can emerge from any corner of the continent through a unique combination of data science, global expertise and deep local knowledge. Discover how P1 Ventures is supporting the next generation of African tech leaders building world-class companies from Africa. Find out more: P1 Ventures: https://www.p1.ventures/ AVCA: https://www.avca.africa/
• Backing Bold Entrepreneurs for Good: 10 Years of Novastar Ventures 28.11.2024 28mnt

  In this episode of The AVCA Podcast, we are joined by Brian Waswani Odhiambo, Partner at Novastar Ventures, and Ross Strike, Head of M&A and Investor Relations at Nigeria-based fintech Moniepoint, for a conversation about building category-defining companies in Africa. The discussion explores what it takes to create lasting value for everyday consumers and examines what lies ahead for both organisations over the next decade. Brian reflects on Novastar's impact as the venture capital firm marks 10 years of backing bold entrepreneurs in Africa, while Ross brings a unique perspective from his journey transitioning from institutional investor to operator. Brian and Ross unpack the realities of scaling innovative businesses in African markets, the evolution of the venture capital landscape, and the opportunities that lie ahead for visionary founders solving the continent's biggest challenges. Read AVCA Member News: https://tinyurl.com/avca-africa Connect with AVCA on social media: https://linktr.ee/avca_africa
• In Conversation with Jerry Parkes, Injaro Investments – AVCA Quick-Fire Chats 28.08.2024 6mnt

  The Role of Private Capital in Unlocking Africa’s Agricultural Potential In this episode, we talk to Jerry Parkes, Chief Executive Officer at Injaro Investments, about investing in agriculture and supporting smallholder farmers in Africa. Jerry also emphasises the importance of cross-sectoral collaboration to develop long-term solutions for Africa's sustainable growth. Subscribe to ⁠⁠⁠AVCA Corner on LinkedIn⁠⁠⁠ for more insights.
• In conversation with 'Tokunboh Ishmael, Alitheia Capital – AVCA Quick-Fire Chats 24.07.2024 8mnt

  Driving SME Success in Africa: Tech-Forward Portfolio and Gender 3.0 with Alitheia Capital In this episode, we talk to ‘Tokunboh Ishmael, Managing Director and Co-Founder at Alitheia Capital, about gender smart strategies driving alpha and her forthcoming Gender 3.0 fund. ‘Tokunboh also reflects on how gender lens investing has become more mainstream in the private capital landscape over the past decade. Subscribe to ⁠⁠AVCA Corner on LinkedIn⁠⁠ for more.
• In Conversation with Chris Chijiutomi, British International Investments – AVCA Quick-Fire Chats 18.06.2024 9mnt

  The role of DFIs in mobilising private capital in Africa During AVCA Week in Johannesburg, we sat down with Chris Chijiutomi, Managing Director and Head of Africa at British International Investment (BII), to discuss BII’s longstanding partnership with South Africa as a provider of patient, long-term capital, and the DFI’s role in mobilising capital to solve development challenges in Africa. Subscribe to ⁠AVCA Corner on LinkedIn⁠ for more.
• Impact Series - Sustainable Investments in Africa: The Playbook for Private Equity with Philipp Hein, DEG 17.06.2024 10mnt

  Driving sustainable and impactful growth in Africa's private capital landscape This conversation was recorded at the 20th Annual AVCA Conference in Johannesburg, in April 2024. We sat down with Philipp Hein, CFA, Head of Private Equity Africa and Global Climate Investments at DEG, to discuss the merits of the private capital landscape in Africa; DEG winning the ‘Enabler’ award in the LP category at AVCA’s Anniversary Awards, and his outlook for the sector over the next 12 months. Subscribe to AVCA Corner on LinkedIn for more.
• ‘Current Affairs’ Bridging Prosperity: The Rise of Mezzanine and Private Credit in Africa 10.05.2024 7mnt

  In this interview AVCA and ⁠Edmund Higenbottam⁠, Managing Director, ⁠Verdant Capital⁠ explore the critical role of mezzanine and private credit as an emerging asset class, their strategic function in bridging funding gaps, and the ongoing discussion surrounding the uptake of their adoption. 
• 'Impact Series' Safeguarding Success: Effective Ways to Support LPs and GPs Focused on Private Capital in Africa 27.03.2024 10mnt

  Join us as Angela Mwenda, Associate Director, IBIS, uncovers the crucial role ESG plays in supporting LPs and GPs, providing a comprehensive guide to harnessing opportunities while ensuring sustainable and responsible investment practices in the diverse and evolving African landscape.  
• 'Current Affairs' Family Fortunes: The 3S Approach to Scaling Family-Owned Businesses in Africa 25.03.2024 46mnt

  In this episode we are joined by Samantha Pokroy, Founder and Chief Executive Officer, Sanari Capital as we delve into the dynamic world of private equity in Africa, focusing on its transformative impact on family-owned businesses across the continent. Join us as we explore Sanari’s unique expertise in strategies for scaling family enterprises, and the pivotal role they play in Africa’s journey to sustainable economic growth. Sanari Capital: https://www.sanari.co.za/
• 'Impact Series' Forestry for the Future: Growing a Greener Africa  21.03.2024 51mnt

  In this discussion we will explore the case for forestry as an asset class, venturing across the African continent to examine its wider impact. Join us for a crucial conversation about the transformative potential of forestry management across Africa, alongside Charles Groom, Investment Director: Manufacturing, Agribusiness and Forestry, British International Investment, and Paul Ohaga, Director of Investments and Eva Warigia, Associate Director, Investor Relations, New Forests.  British International Investment: https://www.bii.co.uk/en/ New Forests: https://newforests.com/
• 'Current Affairs' with KPMG: West Africa Doing The Deal 21.02.2024 15mnt

  In this podcast, Ijeoma Emezie-Ezigbo, Partner & Head of Transaction Services at KPMG West Africa sits with Abiola Ojo-Osagie, Senior Partner, AfricInvest, who covers Anglophone West Africa, to discuss behind-the-scene experiences and insights from a recently concluded investment in a neighborhood one-stop fast-growing retail supermarket chain in Nigeria; as part of the KPMG Deal Advisory Podcast Series.