Mika Hajjar - "The world of entrepreneurship in Africa and that of Silicon Valley are converging"

"There is a specific type of risk-taking that is always rewarded" Mikael Hajjar runs P1 Ventures. P1 Ventures has raised its first $50 million dollars fund at the beginning of 2025. But what’s particularly interesting is that half of the fund will be invested in Francophone Africa. He tells Claude why Francophone Africa is the next investment hotspot. Plus: The biggest start-ups in Francophone Africa 🌟 IN THIS EPISODE: 1:56 From Mauritania to Silicon Valley 3:37 The success of the American mindset 7:19 The unfair advantage of Francophone Africa 10:17 The shift from expats to repats 13:57 The reality of trust in Africa 16:55 The start-up ecosystem in Mauritania 18:50 A new generation of founders 💬 QUOTES TO REMEMBER: "Most of the successful entrepreneurs in in Silicon Valley are transplants from all over the world." "Silicon Valley has the most concentration of people that want to make a difference in the world" "One of the biggest misconceptions about the Africa AI ecosystem is that it it lacks depth in the application layer" 🌍 ABOUT LIMITLESS AFRICA The podcast that asks how Africans and Americans can work together for shared prosperity Every Monday: 15-minute episodes that dive into an issue that matters to Africans Every Thursday: extended interview with someone unlocking Africa's limitless potential ➕ WANT MORE? Investor Lina Kacyem tells us why Francophone Africa is a hotspot for investors “The VC model is the wrong fit for Africa. Do something different.” Is venture capital the right choice for African start-ups? “Foreign aid has fuelled corruption, dependence, weak governance” - Maya Horgan Famodu 💗 LOVE LIMITLESS AFRICA?

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Mika Hajjar - "The world of entrepreneurship in Africa and that of Silicon Valley are converging" is an episode from Limitless Africa by TRUE Africa.

This episode is 22:40 long.

This episode was published on Jan 22, 2026.

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