#54: Swvl - How the bus mobility platform became one of the largest transportation companies in Africa

Afrobility: Africa Tech and Business

Το περιεχόμενο παρέχεται από το Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

2+ y ago 2:01:01

MP3•Αρχική οθόνη επεισοδίου

Overview: Today, we’re going to talk about Swvl, the Egyptian and Dubai based mobility platform. We’ll explore the Swvl story across 5 areas:

Egypt transportation context
Swvl's early history
Product & monetization strategy
Swvl's SPAC public offering
Overall outlook.

This episode was recorded on July 17, 2022

Companies discussed: Swvl, Careem, Uber, Treepz & Rocket Internet

Business concepts discussed: Mobility strategy, Ridesharing, Bus sharing, Public transportation, infrastructure dependencies, IPOs & Special Purpose Acquisition Companies (SPACs)

Conversation highlights:

(01:00) - Intro and why we’re discussing this topic
(06:15) - Context on Egypt and Africa ridesharing
(13:50) - Founders’ background and Swvl founding
(25:22) - Fundraising and geographical expansion
(31:15) - Expansion strategy and acquisitions
(38:12) - Product and monetization strategy
(59:16) - Competition and SPAC
(1:16:55) - Bankole’s overall thoughts and outlook
(1:30:15) - Olumide’s overall thoughts and outlook
(1:44:35) - Recommendations and small wins

Olumide’s recommendations & small wins:

Recommendation: The Power Law book - About the history of venture capital
Recommendation: Nas - One Mic
Small win: Upgraded RAM in my old laptop, I haven't done that in a while. It feels awesome to do something mechanical like that
Interested in investing in Africa Tech with Olumide: Read about Adamantium fund & contact me at olumide@afrobility.com
Founders looking for funding: If you're a B2B founder working on Education, Health, Finance or food, please contact me for funding at olumide@afrobility.com

Bankole’s recommendations & small wins:

Recommendation: What Does A Batsman See & Matter - Reading App & Build by Tony Fadell
Small win: Started taking long walks again. No music, just walks over an hour
Other content: More Money Than God - Sebastian Mallaby & Dial 911 and Wall Street answers - NY Times

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com

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