Why African Tech Needs Venture Studios @ Roundtable #9

This event took place on Wednesday, October 19, 2022 at 6:30 PM UTC.

Could venture studios deliver superior results when it comes to providing entrepreneurial solutions to hard problems in Africa? Entrepreneurship is about risk. The Venture Studio model claims to reduce that risk and maximize the learnings and may be even important in emerging markets where uncertainty is higher and a deep understanding of context and people is necessary. Studios around the world are getting a 34% exit rate VS 21% for Accelerators and 19% for the average venture industry. Is Africa ripe for venture studios, given the increase in back-able and experienced operators who are looking to launch companies. Let’s discuss how this model can be utilized for rapid introduction of new market models and opportunities. This is a roundtable discussion – come share your thoughts and learn from others. Omolara Ajele Operating Partner, Fast Forward Venture Studio Idris Bello Founding Partner, LoftyInc Capital Management Kelvin Umechukwu CEO & Cofounder, Bumpa