Let's Talk About Africa

[EuroKiss]

What about micro-credits business in Africa? Is it a possible biz there?

 

[uplana]

Martin Everson said:
Yeah Wagner group is in Mali now. Russia playing the long game in Africa.
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They always did. I believe Africa is the last continent where the Dictators and the 1% can hide their odd games.

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[Martin Everson]

Marc Rich said:
yes likewise, I am truly fascinated by him and have read his book many times. Have had a few ex-Glencore clients who would share some stories about him too.
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I have been to his office in Zug years ago. I had a close friend who worked for Glencore pre-IPO. His office was stuff of legends. Before he was pardoned by US he always feared he would be kidnapped by US in Switzerland so had an elaborate security arrangement.

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[Martin Everson]

uplana said:
They always did. I believe Africa is the last continent where the Dictators and the 1% can hide their odd games.
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Yup frontier markets excite me at same time. I worked in finance in Nigeria decades ago. When I lived there I had a good expat lifestyle that made living in West London seem like slumming it.

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[Marc Rich]

EuroKiss said:
What about micro-credits business in Africa? Is it a possible biz there?
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very much possible. There are some Latvians making a killing on this in Kenya & Uganda.

I myself am looking at this business in Zambia, looking at licensing now.

 

[EuroKiss]

Marc Rich said:
very much possible. There are some Latvians making a killing on this in Kenya & Uganda.

I myself am looking at this business in Zambia, looking at licensing now.
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Great @Marc Rich thanks, and how about crypto adoption? I am working on a crypto micro-credit platform, my main target is SEA but I am looking at Africa too.