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🇳🇬 Nigeria /Economy & Trade

Africa’s Wealth Creation Stalled by Disconnect Among Founders, Funders and Mentors, Mintage Africa Warns

From ThisDay · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Mintage Africa launched a Pan-African platform linking entrepreneurs, investors, mentors and business information.
  • Co-founder Dipo Fisho said Africa’s main challenge is limited access to knowledge, networks and guidance rather than a lack of opportunity.
  • The platform plans to use artificial intelligence to aggregate opportunities and promote long-term wealth creation rather than quick profits.

Mintage Africa has launched a Pan-African platform built around a simple diagnosis: Africa has opportunities, but too many entrepreneurs cannot reach the knowledge, networks and guidance needed to use them.

The platform, co-founded by Dipo Fisho, Anna Odukoya and Mimshak Obioha, aims to bring entrepreneurs, investors, mentors and business information into one ecosystem. Speaking in Abuja, Fisho said the project seeks to change how Africans think about creating, retaining and growing value on the continent.

There has to be a mentality shift. There has to be a system shift that tells an African that there is wealth and there are opportunities in Africa.

— Dipo FishoFisho described the change in attitudes and systems that Mintage Africa wants to promote.

“There has to be a mentality shift. There has to be a system shift that tells an African that there is wealth and there are opportunities in Africa,” Fisho said. He described the platform as a place where entrepreneurs, venture capitalists, investors and other stakeholders can find the information and knowledge needed to build businesses and innovations without waiting for handouts.

The truth is anyone can be disciplined, anyone can be taught, anyone can succeed.

— Dipo FishoFisho challenged negative generalizations about Generation Z and work ethic.

Fisho also rejected broad claims about young people’s work ethic, saying startups presented to the organization had been built by members of Generation Z who showed discipline and commitment. “The truth is anyone can be disciplined, anyone can be taught, anyone can succeed,” he said.

Odukoya said Mintage Africa is focused on long-term value, not speculation. The group wants to help build a new middle class and a new generation of wealth owners in Nigeria and across Africa. Its artificial-intelligence system will aggregate opportunities in an “Insight Tab,” allowing users to sort them by career. Listed examples include African Development Bank and Bank of Industry training programs, as well as Bank of Industry capital for startups. “This is not a get-rich-quick scheme. It’s about education, data, and guidance,” Odukoya said.

This is not a get-rich-quick scheme. It’s about education, data, and guidance.

— Anna OdukoyaOdukoya explained the platform’s focus on long-term value creation.
About this summary

Originally published by ThisDay in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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