How to build a $1bn African investment firm
Richard Okello compares investing in Africa to riding a speedboat through rough seas while trying to drink a glass of wine without spilling a drop.
Our new book, How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit, is available here.
Interview with Richard Okello
CO-FOUNDER, SANGO CAPITAL
Lives in: Johannesburg, South Africa
Africa-focused investor Richard Okello compares investing on the continent to riding a speedboat through rough seas while trying to drink a glass of wine without spilling a drop. The job is to get from point A to point B with the liquid intact.
In 2011, Okello established Sango Capital, which now manages just under $1 billion. How we made it in Africa editor-in-chief Jaco Maritz spoke to him about the realities of putting capital to work on the continent.
Topics discussed during the interview include:
Rethinking risk in Africa
High-potential countries
Industries offering the best upside
Navigating the toughest aspects of the job
Sango Capital’s biggest investment wins
Watch the full interview below:
