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Home Venture Capital

75% of funded African startups have no black cofounder. That and more on African venture capital space with Mark Kleyner (Dream VC)

New York Tech Editorial Team by New York Tech Editorial Team
March 15, 2022
in Venture Capital
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75% of funded African startups have no black cofounder. That and more on African venture capital space with Mark Kleyner (Dream VC)
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On this episode of Technikari, we were joined by Dream VC cofounder Mark Kleyner. We talked about venture capital, angel investing and all things funding. Mark and Dream VC are not your typical VC outfit. Unlike those you know, their focus is on Africa, just like Transsion.

Mark shares his view on the good, the bad and the ugly of the venture capital industry in Africa. For example, you have heard that in the last decade, over 75% of the African startups that received funding had no black cofounder. We discuss what’s going on there and more.

What Mark and Dream VC are doing in this space is unique. Dream VC is an investor accelerator, meaning they are producing venture capitalists and Mark explains exactly what that means and how you, yes you, could be a part of this. Why should foreign investors enjoy all the benefits when African startups like Flutterwave succeed? Dream VC seeks to produce African investors who invest in African startups to change that.

You can listen to or download the podcast with the link below.

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You should also check out these episodes of Technikari

Our conversation with Peter Kaunda the Patron of the Arts at Artillery Gallery in Harare. He shared his experiences in the art scene in Zimbabwe on the business side, the art subscription services Artillery recently launched as well as the struggles of authentication, verification and insurance of art in Zimbabwe.

Being an art entrepreneur in Zim & NFTs: the business of selling beautiful things

Comrade Fatso talks about how the Private Voluntary Organisations (PVO) Bill is an existential threat for Non-Governmental Organisations in Zimbabwe. Seeing as Magamba is an NGO, it’s hard not to cast one’s mind back to the time when the City of Harare tried to demolish their HQ at Moto Republik. Now it looks like they are after the business model.

Comrade Fatso vs PVO Bill: they tried to demolish Moto Republik, now coming for business model

NetOne thought they could pull a fast one on Zimbos by setting their One-Fi bundles at a ridiculous price… Imagine having to pay US$800 for 80GB? That’s insane and Zimbabweans swiftly reminded them that they are at our service, not that other way around.

Zimbos put the fear of God into NetOne over the ridiculous data prices

ZOL Zimbabwe (now Liquid Home) announced that it was going to be charging 10% Excise Duty on Internet services and VOIP. Pushing things on to the consumer is a time-honoured tradition in business, however, ZOL isn’t to blame here. The fault lies with the government for making internet services more expensive by pushing a duty that is reserved for unsavoury things onto a utility like the internet.

10% internet tax: the Techzim community has its say

Our conversation with John and Elizabeth Murinye about how to effectively brand your business in Zimbabwe

Wondering why your business’ branding isn’t working? Listen to this…

Shurugwi’s superstar King Kandoro joined us to talk about his Prodigal Son, life in the diaspora and how he chewed his school fees.

Diaspora, Shurugwi, content creation & more with King Kandoro


Quick NetOne, Econet, And Telecel Airtime Recharge

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New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

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