Why Africa Seems Immune to the Capital Market Downturn Faced by other Regions | Maxime Bayen

Today we're launching the first episode of Live The African Dream Podcast.

Live The African Dream is a podcast inspired to gather the next generation of curious investors, entrepreneurs, and tech leaders to spark conversation around the topics they are passionate about. From building a business to raising money to the challenges and triumphs of being an African or Africa enthusiast on the continent and in the diaspora in today's world.

Whether running the show or working your way up the ladder, let's build something great. Tune in for exclusive interviews with seasoned investors, entrepreneurs, and rising stars who are changing the technology industry in Africa.

This Live The African Dream Podcast episode features Maxime Bayen, co-founder of Africa: The Big Deal.

We discussed the current market downturn and why Africa seems slightly more immune to the capital market prices faced in the US, Europe, and other regions.

The main two reasons why we are seeing this:

1. The magnitude of problems the continent's startups address is so enormous that even during a crisis, these problems are not going away because it's about giving access to people with primary needs.

2. When you look at the companies fundraising on the continent, historically, those companies have solid fundamentals to raise from VCs in Africa. You need to have strong financial traction and a lot of customers. It's challenging to raise if you don't have strong traction already.

We invite you to tune in and stream, Live The African Dream on all major streaming platforms to help you decisively craft a plan for bettering the community, tomorrow, and our global atmosphere.