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#13: Investing in African women, detrimental copy-and-paste approach, curl classification - Lelemba Phiri
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What is Africa’s biggest treasure? Many believe it's the continent's natural resources.
But what if it's Africans themselves? Specifically, African women. The backbone of the African economy, African women are the most entrepreneurial in the world. It’s statistically proven.
In this episode, I am speaking with Lelemba Phiri, gender-lens angel investor and operating partner for Enygma Ventures Fund, based in Cape Town, South Africa. Lelemba shares her unconventional path to the venture capital world as well as her thoughts on possibilities to unleash the potential of African women.
Some of the topics we explore:
- From being a cog in the corporate world to building a venture fund and making an impact.
- The quickest route to as many no’s as possible; overcoming the ‘you have no track record’ barrier.
- Copy-and-paste approach that blocks access to finance for African women.
- African women as the backbone of the African economy and a source of untapped potential.
- Investment vs. aid.
About Lelemba Phiri:
Lelemba Phiri is an award winning educator, writer, keynote speaker and gender-lens angel investor. She is the Principal at the Africa Trust Group that takes a holistic approach to investing in women by investing in both the woman entrepreneur and the enterprise. Lelemba is also the Operating Partner for the US-based Enygma Ventures Fund that is focused on investing in women entrepreneurs.
Moreover, she is also a shareholder and the current board chair for Zoona Zambia, an African mobile payments business and a shareholder at Africa Trust Academy, a coaching and consulting company focused on leadership and entrepreneurship development and financial literacy.
Lelemba is based in Cape Town, South Africa.
About Darya Kamkalova:
Darya wears many hats: she is podcaster, a data industry professional, a startup mentor, a co-founder of Manifest Taproom (a craft beer bar in Berlin), and a speaker.
Her experience in the data industry spans 10 years, five continents and such domains as data monetisation & acquisition, data product development, strategic partnerships as well as data marketplace business operations.
Darya has been driving or supporting various projects empowering women since 2013. She is based in Berlin, Germany.
Venturing Women website:
https://www.venturingwomen.org/
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