Episode 009 - Dr Dotun Olowoporoku : Associate Investment Director Novastar Ventures, Investing in early stage start-up in Africa

Africa Emerging with Tutu

Hello everyone, welcome to episode 9 of the Africa Emerging Podcast. My guest on the show today is Dotun Olowoporoku. He is currently an Associate Investment Director at Novastar Ventures, a VC firm focused on investment in transformational early stage start-up business that enable access and provide economic opportunities for low-income and mass market population in Africa.

On the show today we talked about his previous start up, journey from been an academic to entrepreneur and becoming an investor. He gave his thought about the African tech eco system where he sees the industry in another 5-10 years. He also gave advice on what entrepreneur should look out for before seeking funding ''don’t focus on raising money first, as much as money been a life line, focus should be on the customer first, the problem you are solving, how are you solving the problem and how quickly you validate the solution and getting the solution to them as quick as possible''.

The conversation was quite informative and intellectual. I enjoyed it and I hope you do.