An Insightful Chat with Idowu Akinde: The African Startup Landscape

In a recent live session, Charles had an enlightening conversation with Idowu Akinde, the CEO of Boolean Labs. Idowu, based in Lagos, Nigeria, is a seasoned entrepreneur and mentor, having invested in numerous startups and led various initiatives. He emphasized the importance of psychological safety in teams and how it fosters productivity. Idowu also highlighted the current investment trends in Africa, noting that fintech remains dominant, capturing 39% of the funding, followed by cleantech at 18%, and mobility at 13%. He believes that while Africa has seen a significant influx of capital in recent years, there's a need for more local investors to recognize and seize opportunities.