• Capitalizing on a $300 Billion Industry in Africa | Martins Udotai - DineSurf

  • Oct 8 2024
  • Length: 53 mins
  • Podcast

Capitalizing on a $300 Billion Industry in Africa | Martins Udotai - DineSurf

  • Summary

  • Right now, Africa’s population is soaring, with the continent expected to house over a quarter of the world’s people by 2050. With African nations being some of the only countries globally to experience venture capital growth last year, the opportunity for the expansion of technology and entrepreneurship in the region is boundless.


    This week’s guest is Martins Udotai, Co-Founder of Dinesurf - a restaurant management and reservation booking platform active in thirteen African nations. Users spread the word about Dinesurf immediately after launch, reaching the first $500,000 in gross market value through solely word of mouth.


    In this episode, Martins tells us how he has built Dinesurf and dissects the African tech and venture capital landscape. Martins is a leader in representing the forthcoming African tech boom on the international stage, appearing on CNBC Africa and being featured by Vanguard.


    This episode is not one you should leave behind: the market for technological progress in the African continent is immense, and our Western media does not cover perspectives like Martins’ very often. From marketplace expansion tactics to exposure to the funding difficulties faced by entrepreneurs on an entire continent, we are grateful to share Martins’ perspective on our show. https://dinesurf.com/

    Timestamps: 00:00 Intro 00:42 Martins' Background & Dinesurf Origin Story 09:57 What is Dinesurf? 13:40 AI Concierge Tool for Global Restaurants 16:05 The Catch-22 for Marketplace Founders 21:59 Africa's Population Growth and Macro Trends 28:21 On Building a Team in Nigeria 35:23 Dinesurf to the US? 38:11 Montezing Demand: Dinesurf+? 42:32 Dinesurf's CNBC Africa Feature + Marketing Strategy 44:59 Dinesurf as a Competitor for Uber Eats? 47:32 Advice & One Thing He Would Change 51:44 Plugs


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    Music from this Episode by ⁠Houis⁠


    Hosted by Antonio DiMeglio and Leon Li


    Special thanks to:

    ARWA SHARIF

    KAI OTOMO

    NICK ARENA

    WTF MEDIA

    COLLECTIVE DESIGN AGENCY

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