Great discussion today with President
@PaulKagame
. We discussed how we can continue to transform
@BRDbank
under the leadership of
@Ksayinzoga
. It will be critical for fighting poverty and supporting growth.
I’m honored to serve as new Board Chair of
@BRDbank
and join this distinguished group of new board members. Its exciting to work with CEO
@Ksayinzoga
and team on the Bank’s continued move forward to drive development in Rwanda.
.Ahead of our Full Board meetings kicking off tomorrow Thursday 20th August 2020, we are excited to announce and introduce our newly appointed Board of Directors!
We welcome the diverse and experienced Members expected to drive the Bank to the next level.
The full communiqué 👇🏾👇🏾
The success of Mavin Records has been driven by lots of hard work by lots of amazing people.
The idea that it was just some money and one or two decisions is comical.
Amazing to host
@heisrema
this week. His sound is changing everything. So blessed to be part of this journey. Future for him and
@MAVINRECORDS
is very bright.
‘Washington must shed outdated notions that Africa is composed of farming villages and empty deserts, and follow the data showing the continent is becoming younger, more dynamic, more energy-intensive, and undeniably urban.’
-
@JDevermont
@toddjmoss
In my career, I’ve now seen a few attention ebbs and flows toward Africa investment prospects.
I’m worried that the current shine on the startup ecosystem, is actually the end of the flow…
Its not just about
@Spotify
getting more users in Africa. Its more about them giving more global exposure to great artists like
@burnaboy
. That would help
#afrobeats
artists make more money from streaming.
@TechCabal
It’s been a long, insane but rewarding journey. The prophecy is here now. Super grateful to
@donjazzy
and the entire MAVIN team for betting on me.
-Poisnbby at your service 🕷️
I’m predicting that China will aggressively use this debt stock as a foreign policy tool during this COVID-19 crisis. I expect debt cancellation to be key in their bilateral discussion, especially in Africa.
Just a reminder that this paper by
@Morris_ScottA
, Brad Parks and Alysha Gardner is amazing.
This chart is a summary of
@WorldBank
vs China lending, both geographically and by concessionality.
->
@CGDev
@AidData
In this environment, nearly any African business that relies on domestic revenues but has international costs is uninvestable (for international investors). This dynamic overwhelms all others.
“If we are to grasp the 21st century, we simply HAVE to integrate sub-Saharan Africa, and Nigeria, in particular, into our understanding of global affairs.”
-
@adam_tooze
So many DFIs and other 'impact' platforms who get public funds complain about 'not enough bankable deals'
I don't think they understand.
If there were a bunch of bankable deals, the public sector wouldn't be providing them subsidies and financing their platforms!
Just a reminder that this paper by
@Morris_ScottA
, Brad Parks and Alysha Gardner is amazing.
This chart is a summary of
@WorldBank
vs China lending, both geographically and by concessionality.
->
@CGDev
@AidData
Public Development Banks play a major role in fighting poverty and climate change. Excited for the first ever meeting of all 450 banks. So much to learn!
Follow the progress here ->
@FinanceInCommon
Learn more here->
cc
@RiouxRemy
@AudreyRojkoff
@AFD_en
Saw this interesting chart in
@TechCabal
today. Much of African PE has underperformed, but I’ve seen better performance across VC, certainly in last 5 years. So, this number was a bit surprising. Maybe I only know the good performers 😁
Even the most successful companies have challenging cycles, often for reasons outside their control.
As an entrepreneur, you have to be ready for this…
For those who don’t think building the creative space has impact.
@BoySpyce
explaining how many people in Nigeria believe that creative is only for people whose families have money.
Now the world will hear his unique stories and amazing sound.
How many
@Spotify
users will there be in Nigeria???
- 55% of
@Spotify
users are 18-34
- Nigeria has >50 million 18-34
- of which, 6.6 million are in Lagos state
@fraym_io
@MAVINRECORDS
Congratulations to
@kupandacapital
co-Founder and Partner Queen Nworisara Quinn on being named one of the 100 most influential People of African Descent (under 40), as part of the
@UN
International Decade for People of African Descent.
Link ->
Calm Down by Rema became the first single to top the official MENA chart.
The original song combined with the remix featuring Selena Gomez now has over one billion streams.
When you use financing (loans) as a tool of foriegn policy, the cancellation becomes another tool. This point is certainly lost in the newest Africa debt discussions. I expect there will be more write-offs...
“Everything around you that you call life was made up by people that were no smarter than you and you can change it, you can influence it, you can build your own things that other people can use.”
- Steve Jobs
I'm so grateful to have amazing partners at
@kupandacapital
. I want to take this day to celebrate them and all that has been achieved because of them.
#IWD2021
Here we are at the beginning!
#DAY1
The world is filled with people telling everyone why things can't happen...
...surround yourself with the few people working hard to make things happen (and effectively prove the other group wrong).
Fraym has been recognized in Fast Company’s 2020
#WorldChangingIdeas
Awards competition!
Fraym‘s ML-generated data was designed to deepen the world’s understanding of places and people, and we’re humbled to be among the other innovators on the list.
Thank you
@FastCompany
! 🏆
“The Nigeria part of it was insulting…it looked and felt every bit as bad as it was.” —
@hbryant42
discussed Stephen A’s comments about the Nigerian men’s basketball team.
I’m also betting that China will end up being more forward leaning and more generous in forgiveness than the
@WorldBank
. (which is more of a critique of the
@WorldBank
than a credit to China)
I’m predicting that China will aggressively use this debt stock as a foreign policy tool during this COVID-19 crisis. I expect debt cancellation to be key in their bilateral discussion, especially in Africa.
Just moments ago, the US Senate passed the
#BUILDAct
.
.
@toddjmoss
says it "will modernize the US’s development finance agency and allow the US to play a leadership role in addressing poverty, while promoting American businesses around the world."
READ:
‘Dad, I have a new business idea. It allows you to deliver my allowance through a subscription model’
- I think my 9 year old is reading too many startup blogs...
.
@fraym_io
is showing that understanding spatial dynamics of at-risk populations is critical for health officials to guide response efforts against COVID19.
Read here ->
Check out
@TheEconomist
Climate Issue...they use Fraym’s map in their article about how climate change is making it harder to reduce poverty in Malawi. 🇲🇼
->
Thrilled to join the board of Twitter, particularly at a time when Twitter is working to expand its reach and impact around the world. I look forward to working closely with the management team and the rest of the board.
@Twitter