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Innehåll tillhandahållet av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
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#73: AFEX (Africa Exchange) - How the commodities exchange is facilitating commodity trade by offering training, credit, storage to farmers & providing investment solutions to financial partners

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Manage episode 392716054 series 2712808
Innehåll tillhandahållet av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Overview: Today, we’re going to explore AFEX, the African commodities exchange. We’ll discuss the story across the following areas:

  1. African Agriculture context

  2. AFEX's launch & early history

  3. Product & monetization strategy

  4. Competitive positioning & potential exit options

  5. Overall outlook.

This episode was recorded on Dec 24, 2023

Companies discussed: AFEX, EAX (East African Commodity Exchange), Tony Elumelu Foundation, Heirs Holdings, Apollo Agriculture, NCX, Cargill, Louis Dreyfuss, 50 Ventures & Berggruen Charitable Trust

Business concepts discussed: Agriculture technology (AgTech, AgriTech or AgroTech), Agribusiness marketplaces, farming financing, Farmer market access opportunities, Agriculture insurance strategy, Commodity trading & Internal Entrepreneurship (Incubated company strategy).

Conversation highlights:

  • (01:10) - What Afex is and why we’re talking about it

  • (08:36) - Context of agriculture in Africa

  • (21:49) - AFEX Founding story

  • (33:28) - Fundraising

  • (39:56) - Growth, geographical expansion and partnerships

  • (49:42) - Product strategy, monetization and growth

  • (59:14) - Cost structure, revenue and margins

  • (1:10:00) - Business and user metrics

  • (1:13:14) - Competition and options for exit

  • (1:21:02) - Bankole’s overall thoughts and outlook

  • (1:34:25) - Olumide’s overall thoughts and outlook

  • (1:47:45) - Recommendations and small wins

Olumide’s recommendations & small wins:

Bankole’s recommendations & small wins:

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com

Join our insider mailing list where we get feedback on new episodes & find all episodes on Afrobility.com

  continue reading

80 episoder

Artwork
iconDela
 
Manage episode 392716054 series 2712808
Innehåll tillhandahållet av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Overview: Today, we’re going to explore AFEX, the African commodities exchange. We’ll discuss the story across the following areas:

  1. African Agriculture context

  2. AFEX's launch & early history

  3. Product & monetization strategy

  4. Competitive positioning & potential exit options

  5. Overall outlook.

This episode was recorded on Dec 24, 2023

Companies discussed: AFEX, EAX (East African Commodity Exchange), Tony Elumelu Foundation, Heirs Holdings, Apollo Agriculture, NCX, Cargill, Louis Dreyfuss, 50 Ventures & Berggruen Charitable Trust

Business concepts discussed: Agriculture technology (AgTech, AgriTech or AgroTech), Agribusiness marketplaces, farming financing, Farmer market access opportunities, Agriculture insurance strategy, Commodity trading & Internal Entrepreneurship (Incubated company strategy).

Conversation highlights:

  • (01:10) - What Afex is and why we’re talking about it

  • (08:36) - Context of agriculture in Africa

  • (21:49) - AFEX Founding story

  • (33:28) - Fundraising

  • (39:56) - Growth, geographical expansion and partnerships

  • (49:42) - Product strategy, monetization and growth

  • (59:14) - Cost structure, revenue and margins

  • (1:10:00) - Business and user metrics

  • (1:13:14) - Competition and options for exit

  • (1:21:02) - Bankole’s overall thoughts and outlook

  • (1:34:25) - Olumide’s overall thoughts and outlook

  • (1:47:45) - Recommendations and small wins

Olumide’s recommendations & small wins:

Bankole’s recommendations & small wins:

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com

Join our insider mailing list where we get feedback on new episodes & find all episodes on Afrobility.com

  continue reading

80 episoder

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