Despite crumbling infrastructure, and the need for Zimbabweans to privately provide many of the services that people in other parts of the world rely on the government for, Harare is a pleasant city. We visited at the time of year when the jacaranda trees were in full bloom, and it was gorgeous.
Africa Eats started just four and a half years ago, and has achieved some remarkable milestones since. Indeed, one of the companies in its portfolio tripled its revenue in 2023 alone, to $6.4 million.
I was in Lagos, Abidjan, and Accra last week. I have been to Nigeria several times before and Cote d’Ivoire once before, but this was my first visit to Ghana.
Plus: my Investment Approach for the Fund.
Last week I made my second investment research trip to Nigeria. This time, I not only visited the bustling, chaotic commercial capital Lagos, I also had the opportunity to visit the capital Abuja, for the MTN Nigeria Capital Markets Day event, November 14-15.