Everything I heard at the AVCA Conference
- The AVCA Conference returned to Lagos for the first time in a decade, focusing on unlocking follow-on capital and navigating economic challenges.
- Tope Awotona, founder of Calendly, shared insights on how price, distribution, and data contributed to his company's success.
- Khaled Ben Jilani emphasized the importance of local asymmetry and stablecoins in Africa's fundraising landscape.
The discussions at the AVCA Conference reflect a pragmatic approach to the challenges facing African venture capital. While the economic environment poses significant hurdles, the emphasis on innovative solutions and the potential for growth in underrepresented markets suggests a cautious optimism. Future discussions should focus on how to effectively attract investment outside the traditional 'Big 4' markets and foster a more inclusive venture ecosystem.
