WEBVTT - EYL #29 Mama Africa

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<v Speaker 2>All right, guys, Welcome back Episode twenty nine. This is

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<v Speaker 2>an extremely special episode for us because we are going international, right,

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<v Speaker 2>We're going international vir content. As we said before, a

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<v Speaker 2>lot of people you know, always access for stuff outside

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<v Speaker 2>of America, so we thought this would be a good

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<v Speaker 2>idea and we're gonna touch Mother Africa, the continent.

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<v Speaker 3>We got a large fan base out there, yeah for sure.

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<v Speaker 2>So before I start, I wanted to shout out all

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<v Speaker 2>of our international listeners. We are trending on the top

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<v Speaker 2>charts and a lot of different companies countries Canada, South Africa, Mosambique, Nigeria, Kenya, Ghana, Tanzania, Grenada, Barbados, Barswana, Jamaica, UK,

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<v Speaker 2>DR the Netherlands and Trinidad. They say Tanzania, I think

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<v Speaker 2>I said Tanania. So yeah, shout out to you guys

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<v Speaker 2>man that we really appreciate you. You know, coming from America,

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<v Speaker 2>coming from New York, who knew that somebody in South

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<v Speaker 2>Africa will be interested in our conversation. But once again,

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<v Speaker 2>that just goes to show you the power of the Internet.

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<v Speaker 2>And in Great Britain too, Oh yeah great. But well

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<v Speaker 2>we're gonna do something in London.

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<v Speaker 3>Ye, A lot of people from London always asking us

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<v Speaker 3>when we come in.

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<v Speaker 2>Toronto and London are two biggest international markets, so you

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<v Speaker 2>know that's special. But we know everybody else and it's

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<v Speaker 2>all a melting pot to a lot most people from

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<v Speaker 2>our listeners, probably in Toronto and UK, they're immigrants on

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<v Speaker 2>some level. Their parents, you know, they come from Africa,

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<v Speaker 2>they come from Jamaica, they come from the island. So

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<v Speaker 2>it's all a melton pot. It all mixes together. So

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<v Speaker 2>we have a very familiar guest if you listen to

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<v Speaker 2>the podcast, because he was the guest on the last podcast.

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<v Speaker 2>It's pushing a double hitter. It's qucially the double header

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<v Speaker 2>for us first, y'all, so welcome back having me.

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<v Speaker 3>Yeah, yes, we did a wardrobe story. It was too long.

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<v Speaker 3>We had to make sure you get two episodes.

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<v Speaker 2>Yes, yes, all right, so we're going to talk about Africa. Right.

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<v Speaker 2>We're gonna talk about a lot of different things in Africa,

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<v Speaker 2>but first we're going to talk about something that started

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<v Speaker 2>in America reached over to Africa, which is basketball.

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<v Speaker 3>Right.

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<v Speaker 2>Basketball is a global sport. If anybody is not familiar,

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<v Speaker 2>I played basketball in my whole life. That was my

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<v Speaker 2>original plans going to the NBA.

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<v Speaker 3>As most young people in our community.

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<v Speaker 2>Yes, right, so now my son has to live up

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<v Speaker 2>to that.

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<v Speaker 3>There's a lot of pressure on them.

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<v Speaker 2>So so, but the NBA is strategically spreading its wings

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<v Speaker 2>across the globe.

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<v Speaker 3>Right.

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<v Speaker 2>If you know anything about sports, you know soccer is

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<v Speaker 2>the most dominant sport in the world football football, It's house. Yeah, yes, exactly.

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<v Speaker 2>American football is what they call our football. That's the

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<v Speaker 2>most popular sport in almost every country in the world.

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<v Speaker 2>But basketball is catching up close, probably second in majority

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<v Speaker 2>of the countries. It's huge in Asia. Think it's like

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<v Speaker 2>the number one sport in China, and it is the

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<v Speaker 2>number two sport in Africa, right behind soccer football. So

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<v Speaker 2>the NBA decided that they're going to open a branch

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<v Speaker 2>in Africa.

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<v Speaker 3>Yeah.

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<v Speaker 2>I actually wrote about this on Instagram. But it's going

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<v Speaker 2>to be NBA Africa.

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<v Speaker 4>I think nine different countries are going to be participating,

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<v Speaker 4>and it just shows the spread of the game. And

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<v Speaker 4>I think it goes back to we can we can

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<v Speaker 4>pinpoint it back to like the original Dream Team in

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<v Speaker 4>nineteen ninety two.

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<v Speaker 3>Hopefully all listeners can remember back that far.

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<v Speaker 4>It seems crazy to us, but like, yeah, nineteen ninety

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<v Speaker 4>two when the Dream Team played at in Goola and

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<v Speaker 4>they won by like seventy something points, But it was

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<v Speaker 4>the fact that you had people from a country in

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<v Speaker 4>Africa competing with Michael Jordan, Magic Johnson and Larry Bird

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<v Speaker 4>and all those greats and then fast forward, right, like

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<v Speaker 4>a guy like Joel Embiid who's now an NBA superstar,

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<v Speaker 4>And you know gods like Surge and Vodka and Siakam

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<v Speaker 4>come from you know, countries in Africa.

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<v Speaker 3>You can contribute to that, to that game, of course.

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<v Speaker 4>And it's similar to like how like Rashall was saying,

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<v Speaker 4>like China it's number two sport there, right, or close

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<v Speaker 4>maybe number one, but like the impact that a guy

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<v Speaker 4>like Yao Ming has had of course, right. So like

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<v Speaker 4>you see now when when NBA players, especially those who

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<v Speaker 4>have marketing deals, they do the season right and the

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<v Speaker 4>first stop they that they have on the off season,

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<v Speaker 4>they do it to China exactly right, right, And then

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<v Speaker 4>you got companies like Leaning and all these other companies

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<v Speaker 4>signing guys because they know the global spread of it,

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<v Speaker 4>right right, Like that's our export. Whereas sports like baseball

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<v Speaker 4>it's played in China but not played in other countries,

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<v Speaker 4>right right. Like and same thing with American football. They

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<v Speaker 4>tried it in London, botch.

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<v Speaker 5>And that's what was the only international American sports exactly

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<v Speaker 5>the fact.

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<v Speaker 2>So you you used to work for NBA League pass right,

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<v Speaker 2>that's right?

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<v Speaker 3>Yeah? And then so.

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<v Speaker 2>You you were a part of the African launch of

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<v Speaker 2>the NBA Pass. Yeah, yeah, can you talk about that?

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<v Speaker 3>Sure? Sure, sure, So I pay out every every year.

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<v Speaker 5>So EMI League Pass for those who don't knows, like

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<v Speaker 5>the Netflix for basketball. So obviously you could watch if

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<v Speaker 5>you live in New York. Well let's say you live

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<v Speaker 5>in Chicago. You basically if you're your local television station

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<v Speaker 5>is only going to show you the Bulls, right, and

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<v Speaker 5>then maybe you could watch maybe a national televised game.

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<v Speaker 3>That has some other teams. But let's say you live.

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<v Speaker 5>In Chicago and you are a Rockets fan and you

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<v Speaker 5>want to watch every game, you had to subscribe to

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<v Speaker 5>the NBA League Pass.

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<v Speaker 3>And so that's how it works in the US.

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<v Speaker 5>But people that are NBA fans internationally, they're not going

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<v Speaker 5>to get as many games on their local television or

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<v Speaker 5>they may not even people can.

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<v Speaker 3>Record what national exactly.

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<v Speaker 5>So now you can watch all the games on your app,

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<v Speaker 5>on your app or your Apple TV or your local

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<v Speaker 5>or your PlayStation.

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<v Speaker 3>So I was on the team that was responsible.

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<v Speaker 5>For growing the Digital plaf Digital League Pass outside the

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<v Speaker 5>US and Africa was a major focus for US and

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<v Speaker 5>it was a growth area from a monetary standpoint. China Australia, Canada, UK,

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<v Speaker 5>where the where the I guess the places that most

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<v Speaker 5>of the revenue came from.

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<v Speaker 3>But for the what they saw the future growth.

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<v Speaker 5>From was was Africa for two reasons, not only from

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<v Speaker 5>customer consumption standpoint, but from a talent standpoint too.

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<v Speaker 3>Yeah. I remember, I'm a huge Bulls fan.

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<v Speaker 4>So I remember Lou Dang, right, and he's doing some

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<v Speaker 4>amazing things in Africa.

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<v Speaker 3>But like you know, he's doing stuff with Nipsey's partner.

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<v Speaker 2>Yeah, gross David Charlotte, David Gros get him on the podcast.

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<v Speaker 2>So like, what was the plan do you know, like

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<v Speaker 2>the NBA's plan to because obviously this is planned out.

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<v Speaker 2>What was their plan to move into Africa?

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<v Speaker 5>So there's I mean there's always been relationships. You mentioned

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<v Speaker 5>gla game, but there's been NBA players from Africa since

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<v Speaker 5>the eighties, right. So you had a Keem who changed,

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<v Speaker 5>You had new Ball, his son just got drafted exactly.

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<v Speaker 3>Then you had uh change his name. Yeah, there was

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<v Speaker 3>no age prior to him coming to America. When he

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<v Speaker 3>went to Houston, they put the h on it.

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<v Speaker 5>I'm not even sure what the best today's yes, right,

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<v Speaker 5>And then you had the Kirie Matumbo Pools who followed

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<v Speaker 5>a new pat Bowl and Millon Ball.

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<v Speaker 4>We mentioned, Yeah, the KEMPE has some direct ties into

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<v Speaker 4>getting the league into Africa.

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<v Speaker 5>Right, so you know those old players always had philanthropic

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<v Speaker 5>relationships with the league, right, so like doing doing like

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<v Speaker 5>you know, nonprofit stuff. But in that what happened was

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<v Speaker 5>the league would go there and like wow, like you're

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<v Speaker 5>from this tribe and everybody in this tribe at six

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<v Speaker 5>y nine, and like, we can do something here. And

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<v Speaker 5>obviously you have the visual league being the you know,

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<v Speaker 5>the blackest league, right, there's some visual connections there, and

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<v Speaker 5>so they had to realize and then I think they

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<v Speaker 5>learned a lot from the other leagues, right, for instance,

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<v Speaker 5>the investment that the MLB mess Major League Baseball doesn't,

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<v Speaker 5>the Maican Republic doesn't, Venezuela doesn't. In some of these

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<v Speaker 5>other countries where there's a bunch of talent is on

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<v Speaker 5>another level. So they're like, hey, we could do this.

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<v Speaker 5>We can make this whole content on our farms. They're

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<v Speaker 5>trying to do that. Now, that's funny you said that.

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<v Speaker 4>Major They just had the Yankees and the Red Sox

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<v Speaker 4>play in London and everybody was like, we don't even

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<v Speaker 4>care about baseball. It's like it's soccer or it's cricket, right,

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<v Speaker 4>you know what I'm saying, So like that's true, like

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<v Speaker 4>they're trying to spend it two and I think maybe

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<v Speaker 4>and maybe it's true or not. But because of the

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<v Speaker 4>population of Africa, like we know that majority of the

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<v Speaker 4>population is under like twenty five exactly, right, so there's

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<v Speaker 4>a huge growth curve exactly for potential athletes and business people,

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<v Speaker 4>right exactly.

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<v Speaker 2>So a lot of people asked the question. I wasn't

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<v Speaker 2>really one hundred percent sure.

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<v Speaker 3>The teams.

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<v Speaker 2>I don't know if you know or not, but the teams,

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<v Speaker 2>like the nine teams, who's going to be the owners

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<v Speaker 2>of those teams? You know, people in Africa?

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<v Speaker 3>Or yeah?

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<v Speaker 5>So this actually so I left the league prior to

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<v Speaker 5>this being an announced. I don't know one hundred percent

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<v Speaker 5>sure the full structure, but what I remember it being

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<v Speaker 5>is a combination, like a co ownership between the league

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<v Speaker 5>and local partners.

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<v Speaker 2>Yeah okay, because well, how do you feel personally just

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<v Speaker 2>your personal opinion about that. Do you feel like Africa

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<v Speaker 2>would have been better to have their only because you're

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<v Speaker 2>Europe has their own leagues, Like people come go from

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<v Speaker 2>America all the time, and Africa does have leagues. In

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<v Speaker 2>Nigeria specifically, it's not it's not the same it's not

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<v Speaker 2>the same level of Europe. So but like the EuroLeague

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<v Speaker 2>is very strong. Do you feel like they could have

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<v Speaker 2>done better at just forming a league together themselves or

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<v Speaker 2>do you feel like the NBA is a is a

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<v Speaker 2>good partnership for them.

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<v Speaker 3>The NBA is a good partnership.

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<v Speaker 5>Like you said, there are already leagues, they just haven't

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<v Speaker 5>really taken off to the same level having had. And

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<v Speaker 5>also there's an issue in Africa, not only between a

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<v Speaker 5>from a sports perspective, but from a business perspective where

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<v Speaker 5>there's not too much inter country trade, right, and so

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<v Speaker 5>I think it would have been difficult for like a

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<v Speaker 5>league to be cross continental and to have different things

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<v Speaker 5>and all the ownerships being like inclusive in those specific countries.

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<v Speaker 5>I think the NBA being an outside force for bad

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<v Speaker 5>for worse American Western sports force and tying it together

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<v Speaker 5>makes it.

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<v Speaker 3>A lot better.

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<v Speaker 4>People got to visualize that, right, because this isn't like

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<v Speaker 4>you're going from New York to Florida.

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<v Speaker 3>You're going from country to country.

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<v Speaker 4>So like when they have a Spanish League that they're

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<v Speaker 4>all in that country, exactly what Africa's trying to do here.

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<v Speaker 3>Like literally you're going to nine different countries and.

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<v Speaker 5>Even you know, the the European leagues, just like the

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<v Speaker 5>soccer leagues, you have the you know, you like in

0:11:18.760 --> 0:11:23.360
<v Speaker 5>soccer you have Barcelona playing against Byron or Real Madrid

0:11:23.559 --> 0:11:28.920
<v Speaker 5>I mean, or Manchester United. Like traveling between those countries,

0:11:28.920 --> 0:11:30.880
<v Speaker 5>like their countries are really compact. Like traveling between these

0:11:30.880 --> 0:11:32.480
<v Speaker 5>countries are not really a big deal. And they have

0:11:32.520 --> 0:11:34.600
<v Speaker 5>the funds to do that. Like you can't take a

0:11:34.640 --> 0:11:40.079
<v Speaker 5>train from Legos to Acra or Legos to to you know, Johannesburg,

0:11:40.200 --> 0:11:42.840
<v Speaker 5>like it's it's it's not the same, right, So I

0:11:42.880 --> 0:11:45.920
<v Speaker 5>think the level of investment that you need in the

0:11:46.040 --> 0:11:49.240
<v Speaker 5>organization you would need, the NBA could work that out.

0:11:49.320 --> 0:11:50.559
<v Speaker 3>Yah, that makes it a good partner.

0:11:50.600 --> 0:11:52.719
<v Speaker 2>And I think the African Union actually did that. They

0:11:52.840 --> 0:11:58.400
<v Speaker 2>just announced that they're going to eliminate tariffs on into

0:11:58.600 --> 0:12:01.959
<v Speaker 2>continental trading. We wrote about that on Instagram as well.

0:12:02.000 --> 0:12:05.520
<v Speaker 2>I think it's like forty countries involved, and yeah, I

0:12:05.520 --> 0:12:08.440
<v Speaker 2>think that's going to start next year where tarrofts will

0:12:08.480 --> 0:12:11.400
<v Speaker 2>be eliminated for the majority of the continent. So they

0:12:11.440 --> 0:12:15.559
<v Speaker 2>actually hopefully they're going to start doing more because you said,

0:12:15.600 --> 0:12:17.160
<v Speaker 2>like you know, it's not a lot of that going

0:12:17.160 --> 0:12:18.839
<v Speaker 2>on right now, but hopefully that's a step in the

0:12:18.880 --> 0:12:22.160
<v Speaker 2>right direction where they can actually start to trade in

0:12:22.240 --> 0:12:24.800
<v Speaker 2>between the continent with each other. So all right, so

0:12:24.840 --> 0:12:26.520
<v Speaker 2>now we got we got the league covered, but we're

0:12:26.520 --> 0:12:28.760
<v Speaker 2>going to go into some more interesting things on the

0:12:28.800 --> 0:12:33.400
<v Speaker 2>continent on the next segment. All right, so we're now

0:12:33.400 --> 0:12:36.040
<v Speaker 2>we're gonna talk about content, right because continents King, We've

0:12:36.040 --> 0:12:40.080
<v Speaker 2>covered content on America, but we haven't covered continent internationally.

0:12:40.200 --> 0:12:43.560
<v Speaker 2>So Iroco yep, can you explain that?

0:12:43.720 --> 0:12:48.599
<v Speaker 5>Yeah, so Iroco is Aroco TV is the is a website.

0:12:48.920 --> 0:12:52.040
<v Speaker 5>It's a startup that was created in twenty and eleven.

0:12:52.640 --> 0:12:57.079
<v Speaker 5>I work there from twenty twelve through almost twenty fifteen.

0:12:57.600 --> 0:12:59.880
<v Speaker 5>And so what it is is basically the Netflix of Africa.

0:13:00.520 --> 0:13:02.320
<v Speaker 5>And the question is why do you need in Netflix

0:13:02.320 --> 0:13:05.760
<v Speaker 5>of Africa is because the third big the third biggest

0:13:05.800 --> 0:13:07.680
<v Speaker 5>movie marker in the world is actually out of Nigeria.

0:13:07.800 --> 0:13:11.040
<v Speaker 5>So number one is Hollywood. Number two is Bollywood. Number

0:13:11.080 --> 0:13:17.320
<v Speaker 5>three is is Knowllywood. I heard it's a huge there.

0:13:18.000 --> 0:13:20.199
<v Speaker 5>It actually one of the years I worked there. It

0:13:20.240 --> 0:13:24.640
<v Speaker 5>actually grows about eight hundred million USD in that place,

0:13:25.000 --> 0:13:29.000
<v Speaker 5>and it's a tremendous market. It's it's interesting, at least

0:13:29.000 --> 0:13:32.320
<v Speaker 5>from my perspective, I might have consumed too much Western content.

0:13:32.320 --> 0:13:35.120
<v Speaker 5>It's not really my thing. But the movies are being

0:13:35.160 --> 0:13:38.000
<v Speaker 5>produced for like less than ten thousand dollars and in

0:13:38.040 --> 0:13:41.840
<v Speaker 5>like two weeks high volume. As you can imagine. Because

0:13:41.880 --> 0:13:44.800
<v Speaker 5>the market, the movies are not the highest priced and

0:13:44.880 --> 0:13:47.600
<v Speaker 5>the biggest budget. You're not really seeing action movies. These

0:13:47.600 --> 0:13:51.280
<v Speaker 5>are like romantic movies, comedy movies, movies where you don't

0:13:51.280 --> 0:13:54.600
<v Speaker 5>need special effects. But basically the way it worked is

0:13:54.640 --> 0:13:58.440
<v Speaker 5>the gentleman I worked for. He's a Nigerian brit So

0:13:58.720 --> 0:14:02.360
<v Speaker 5>he lives in London, travel to London to Nigeria often

0:14:02.640 --> 0:14:05.760
<v Speaker 5>to see family or whatever. And at the time, all

0:14:05.800 --> 0:14:08.360
<v Speaker 5>of the content was in DVDs. So what his mom

0:14:08.360 --> 0:14:12.240
<v Speaker 5>would do is go from London and Legos, spend maybe

0:14:12.320 --> 0:14:14.880
<v Speaker 5>Christmas time or whatever their family, come back with a

0:14:14.920 --> 0:14:19.520
<v Speaker 5>suitcase full of of DVDs. He was like, well, why

0:14:19.520 --> 0:14:22.280
<v Speaker 5>can't my mom consumed the content the same way I

0:14:22.320 --> 0:14:25.200
<v Speaker 5>do on Netflix? And so that's how the ideas started.

0:14:25.480 --> 0:14:28.880
<v Speaker 5>So move back to Nigeria, took that, took the DVD

0:14:29.000 --> 0:14:32.920
<v Speaker 5>content digitized. It also built relationships with some of the

0:14:32.960 --> 0:14:36.080
<v Speaker 5>movie producers. To them, they were like, because Netflix wasn't

0:14:36.080 --> 0:14:37.960
<v Speaker 5>even a big thing out there at the time, They're like,

0:14:38.080 --> 0:14:39.640
<v Speaker 5>you want you want to give you want to pay

0:14:39.680 --> 0:14:42.600
<v Speaker 5>me for my digital rights? And to them they're like,

0:14:42.600 --> 0:14:44.360
<v Speaker 5>I don't really know what digital rights means, but like

0:14:44.440 --> 0:14:46.320
<v Speaker 5>you want to give me some money, it's whatever. So

0:14:46.360 --> 0:14:50.280
<v Speaker 5>they he got some exclusive pretty pretty uh cheaply and

0:14:50.680 --> 0:14:54.960
<v Speaker 5>basically took that, took those that piece of content, initially

0:14:55.000 --> 0:14:58.240
<v Speaker 5>put it on YouTube. It started blowing up, and because

0:14:58.360 --> 0:15:01.640
<v Speaker 5>people that emigrated outside Africa that lived in the US UK,

0:15:02.080 --> 0:15:04.120
<v Speaker 5>they were able they were now able to see the

0:15:04.200 --> 0:15:06.600
<v Speaker 5>latest movies without having a wait for people to send

0:15:06.600 --> 0:15:10.600
<v Speaker 5>the DVDs back. And then he eventually actually raised money

0:15:10.640 --> 0:15:13.600
<v Speaker 5>from a US venture capital, so that firm was actually

0:15:13.640 --> 0:15:17.440
<v Speaker 5>the probably one of the first two Africa based tech

0:15:17.480 --> 0:15:20.960
<v Speaker 5>firms to get the US venture capital in twenty eleven,

0:15:21.360 --> 0:15:24.880
<v Speaker 5>and I joined them and opened up their New York

0:15:24.920 --> 0:15:29.000
<v Speaker 5>office because their biggest audience, even though they had African content,

0:15:29.080 --> 0:15:32.720
<v Speaker 5>were Africans in the US and so and then it

0:15:32.800 --> 0:15:33.680
<v Speaker 5>kind of grew from there.

0:15:34.120 --> 0:15:34.440
<v Speaker 3>Wow.

0:15:34.800 --> 0:15:38.240
<v Speaker 4>So Netflix itself, right, he said, it's the Netflix of Africa.

0:15:38.920 --> 0:15:41.000
<v Speaker 4>It doesn't exist on all continents, right, And that's one

0:15:41.040 --> 0:15:43.360
<v Speaker 4>of the things they said that it probably potentially has

0:15:43.440 --> 0:15:46.120
<v Speaker 4>some great growth and we documented, you know, some of

0:15:46.160 --> 0:15:47.160
<v Speaker 4>its setbacks as well.

0:15:47.480 --> 0:15:50.560
<v Speaker 3>But what is like the price point on a rucual

0:15:50.640 --> 0:15:51.640
<v Speaker 3>TV type situation.

0:15:52.400 --> 0:15:56.200
<v Speaker 5>The latest price is it depends on the country, but

0:15:56.240 --> 0:15:59.680
<v Speaker 5>the latest price is it's actually similar to Netflix.

0:15:59.720 --> 0:16:01.840
<v Speaker 3>So they have a nine ninety nine plan.

0:16:02.840 --> 0:16:07.600
<v Speaker 5>There's one that's around uh around six ninety nine, but

0:16:07.720 --> 0:16:10.760
<v Speaker 5>it's actually priced in and UH at least in Nigeria

0:16:10.800 --> 0:16:14.120
<v Speaker 5>and uh Nayra. And it's very volatile. It depends on

0:16:14.120 --> 0:16:18.480
<v Speaker 5>the US the exchange rate. But the company's expanded. So

0:16:18.520 --> 0:16:22.400
<v Speaker 5>since I worked there, they've done a lot of production.

0:16:22.680 --> 0:16:26.800
<v Speaker 5>So they're actually making movies content. Yeah, and actually they

0:16:27.200 --> 0:16:30.800
<v Speaker 5>they they as of two weeks ago, they actually ended

0:16:30.880 --> 0:16:36.320
<v Speaker 5>up selling that production house to a French media conglomerate

0:16:36.560 --> 0:16:40.320
<v Speaker 5>called kind Out kind Out Plus, so kind c A

0:16:40.440 --> 0:16:41.640
<v Speaker 5>n A L plus.

0:16:42.200 --> 0:16:43.800
<v Speaker 2>How so, how many countries are there.

0:16:43.600 --> 0:16:47.840
<v Speaker 3>In so the the rocal content is global. It is everywhere.

0:16:48.320 --> 0:16:51.760
<v Speaker 5>So there when I was there and and and even

0:16:51.800 --> 0:16:54.200
<v Speaker 5>now there's customers in over two hundred countries in the

0:16:54.240 --> 0:16:57.479
<v Speaker 5>world because the African ds port is everywhere.

0:16:57.120 --> 0:16:58.440
<v Speaker 3>And it's just started by African.

0:16:58.720 --> 0:17:03.600
<v Speaker 5>African, Yeah, Africa and German so uh so basically too,

0:17:04.480 --> 0:17:08.680
<v Speaker 5>they went so that the German person and an African

0:17:08.720 --> 0:17:10.760
<v Speaker 5>person went to school in Manchester.

0:17:11.080 --> 0:17:11.560
<v Speaker 3>They met.

0:17:11.880 --> 0:17:14.399
<v Speaker 5>The African person came up with the idea and then

0:17:14.480 --> 0:17:17.360
<v Speaker 5>he co founded it with the German individual and they

0:17:17.400 --> 0:17:20.080
<v Speaker 5>both moved full time to Legos and built it out.

0:17:20.480 --> 0:17:22.719
<v Speaker 5>Ended up opening an office in New York and London

0:17:23.040 --> 0:17:24.280
<v Speaker 5>to help distribute the content.

0:17:24.520 --> 0:17:27.639
<v Speaker 2>Something else was was recently started with a German and

0:17:27.720 --> 0:17:30.200
<v Speaker 2>an African right that went public.

0:17:31.640 --> 0:17:35.600
<v Speaker 5>Junior Ji so based the Ali Baba of Africa exactly.

0:17:35.720 --> 0:17:41.240
<v Speaker 5>So there's this company called Rocket Internet started by German brothers.

0:17:41.520 --> 0:17:45.119
<v Speaker 5>And what they do is they actually built, they built.

0:17:45.200 --> 0:17:48.280
<v Speaker 5>They built companies that are successful in the first world,

0:17:48.400 --> 0:17:51.919
<v Speaker 5>so Amazon back group on all that kind of stuff,

0:17:52.080 --> 0:17:54.440
<v Speaker 5>and they built it in like emerging markets where those

0:17:54.440 --> 0:17:56.600
<v Speaker 5>companies are not there yet. And so what they did

0:17:56.760 --> 0:17:59.679
<v Speaker 5>was they looked at Ali Baba slash Amazon and they

0:17:59.720 --> 0:18:01.960
<v Speaker 5>decid had to build it in Africa and they called

0:18:01.960 --> 0:18:05.320
<v Speaker 5>it Jumia. And so they're in Nigeria there in Kenya,

0:18:05.320 --> 0:18:07.440
<v Speaker 5>and there's some other countries as well, and so yes,

0:18:07.520 --> 0:18:10.719
<v Speaker 5>there there, it's interesting there is there is like I

0:18:10.720 --> 0:18:14.320
<v Speaker 5>guess a few people of German descent that build tech

0:18:14.320 --> 0:18:14.960
<v Speaker 5>companies in Africa.

0:18:15.000 --> 0:18:17.200
<v Speaker 4>So that's so they're literally watching the world as it's

0:18:17.200 --> 0:18:19.080
<v Speaker 4>happening and saying, all right, let's go to a part

0:18:19.119 --> 0:18:20.359
<v Speaker 4>of world where it's not happening.

0:18:20.080 --> 0:18:21.360
<v Speaker 3>And let's build it there. Exactly.

0:18:21.680 --> 0:18:24.320
<v Speaker 4>But I mean from a kid from Queens Man, like

0:18:24.520 --> 0:18:28.160
<v Speaker 4>your journey has been out of this world, like a

0:18:28.240 --> 0:18:31.400
<v Speaker 4>vision like that, your studies, whatever it take you like.

0:18:31.480 --> 0:18:33.679
<v Speaker 5>No, definitely not definitely not man, it's just kind of

0:18:33.720 --> 0:18:38.080
<v Speaker 5>like uh working in you know, went to school. I

0:18:38.160 --> 0:18:40.520
<v Speaker 5>knew I wanted to do business. They didn't know what

0:18:40.520 --> 0:18:42.720
<v Speaker 5>that really meant because I didn't really have business people

0:18:43.040 --> 0:18:46.520
<v Speaker 5>in my my you know, my family or even around me.

0:18:46.720 --> 0:18:51.520
<v Speaker 5>Haitian rights, yeah, man, Haitian thing is like hey, mom's

0:18:51.560 --> 0:18:56.119
<v Speaker 5>a nurse, you're going to be a doctor, or if

0:18:56.119 --> 0:18:57.320
<v Speaker 5>you don't want to be a doctor, to be a lawyer,

0:18:57.359 --> 0:18:59.280
<v Speaker 5>if you're gonna be a layer, be engineering, and so

0:18:59.400 --> 0:19:03.320
<v Speaker 5>this business think it was something different and uh study

0:19:03.400 --> 0:19:06.520
<v Speaker 5>business got was was was fortunate to be part of

0:19:06.520 --> 0:19:09.360
<v Speaker 5>an internship and called in Roads in college. In college

0:19:09.680 --> 0:19:11.879
<v Speaker 5>that introduced me to Wall Street for lovel wall Street

0:19:12.600 --> 0:19:14.760
<v Speaker 5>financial crisis happened, fell out of love of Wall Street,

0:19:14.920 --> 0:19:17.840
<v Speaker 5>went to school and kind of discovered tech and the

0:19:17.840 --> 0:19:20.000
<v Speaker 5>world and how it was using around the world, and

0:19:20.040 --> 0:19:21.760
<v Speaker 5>kind of that's kind of how I ended up working

0:19:21.960 --> 0:19:22.520
<v Speaker 5>at the company.

0:19:22.920 --> 0:19:25.520
<v Speaker 2>So we talk about music. I know you I mentioned

0:19:25.720 --> 0:19:28.480
<v Speaker 2>on the content of musical content, Yeah, which is hot

0:19:28.560 --> 0:19:32.240
<v Speaker 2>right now. As far as afrobeats, it's a bunch of

0:19:32.280 --> 0:19:33.360
<v Speaker 2>artists out there with his kid.

0:19:33.960 --> 0:19:37.359
<v Speaker 3>Uh he just put out his album. Yeah yeah, yeah.

0:19:37.560 --> 0:19:39.280
<v Speaker 2>Somebody else has had a song on the radio they

0:19:39.359 --> 0:19:44.479
<v Speaker 2>keep playing all the time. Uh that Joanna song. Joanna

0:19:44.600 --> 0:19:45.919
<v Speaker 2>is like things that.

0:19:46.280 --> 0:19:50.000
<v Speaker 4>I forget the name the title. Then God, all I

0:19:50.040 --> 0:19:51.440
<v Speaker 4>know is that it follows me every time I get

0:19:51.440 --> 0:19:51.760
<v Speaker 4>in the car.

0:19:51.840 --> 0:19:54.719
<v Speaker 3>Is knows he's burning up. Now.

0:19:54.720 --> 0:19:56.199
<v Speaker 2>I think you got a song with casting over to

0:19:56.359 --> 0:19:58.840
<v Speaker 2>but yeah, can you talk about that?

0:19:59.600 --> 0:20:02.600
<v Speaker 3>Yeah yeah, yeah, yeah yeah.

0:20:03.040 --> 0:20:06.880
<v Speaker 5>So we back then we uh, this is twenty twelve

0:20:06.920 --> 0:20:10.119
<v Speaker 5>to thirteen, and so obviously being in the movie space

0:20:10.160 --> 0:20:13.720
<v Speaker 5>in Nigeria, there was a cause proximity to the musical

0:20:13.720 --> 0:20:16.159
<v Speaker 5>space and so the CEO came out with the idea

0:20:16.160 --> 0:20:17.800
<v Speaker 5>like all right, let's come up with a company called

0:20:17.840 --> 0:20:22.360
<v Speaker 5>ira King, which we would it's basically Spotify for Africa

0:20:23.000 --> 0:20:24.920
<v Speaker 5>where we take that content. And so a lot of

0:20:24.960 --> 0:20:27.879
<v Speaker 5>these people you talk about we did. We were the

0:20:27.880 --> 0:20:30.160
<v Speaker 5>first ones to digitize that content even back then.

0:20:31.359 --> 0:20:35.800
<v Speaker 3>And uh, it was too early. It was too early.

0:20:35.840 --> 0:20:38.359
<v Speaker 5>I mean the company was out there and it just

0:20:38.920 --> 0:20:42.320
<v Speaker 5>the music wasn't as popular yet here. And then obviously

0:20:42.640 --> 0:20:45.600
<v Speaker 5>probably after they decided to wrap it up and focus

0:20:45.680 --> 0:20:48.000
<v Speaker 5>only on music, I mean movies one hundred percent.

0:20:48.440 --> 0:20:50.840
<v Speaker 3>Like that's when like Whisky was doing songs with Drake

0:20:51.440 --> 0:20:52.640
<v Speaker 3>and it was just an early thing.

0:20:52.800 --> 0:20:54.760
<v Speaker 5>And if they were, if they were to capt that

0:20:54.880 --> 0:20:57.520
<v Speaker 5>up like that company would have been something different because

0:20:58.440 --> 0:21:00.120
<v Speaker 5>that you know, afrobeat is the thing.

0:21:00.160 --> 0:21:01.679
<v Speaker 3>Right right now for sure. Yeah.

0:21:01.720 --> 0:21:04.600
<v Speaker 5>So and it's it's it's it's it's crazy. I mean

0:21:05.000 --> 0:21:08.400
<v Speaker 5>because of the Internet, you know, music and content and

0:21:09.000 --> 0:21:11.400
<v Speaker 5>just cultures is so there's no borders.

0:21:11.640 --> 0:21:13.240
<v Speaker 3>Afrobeats feels like reggae to me.

0:21:13.400 --> 0:21:15.639
<v Speaker 2>It does a vib it's a whole vibe like that.

0:21:15.680 --> 0:21:17.000
<v Speaker 2>It's a similar type of vib I think.

0:21:17.040 --> 0:21:19.240
<v Speaker 5>So, you know, I think we're all in a similar

0:21:19.240 --> 0:21:21.679
<v Speaker 5>age groups like mid thirties whatever growing up in New

0:21:21.760 --> 0:21:24.080
<v Speaker 5>York City area, Like you couldn't go to like a

0:21:24.119 --> 0:21:26.760
<v Speaker 5>party in the late nineties and early two thousands without

0:21:26.800 --> 0:21:30.760
<v Speaker 5>hearing you know, dance had his time where he was

0:21:30.760 --> 0:21:33.240
<v Speaker 5>doing songs with everybody then. Like I think it was

0:21:33.280 --> 0:21:39.439
<v Speaker 5>a big era of like reggaetne reggae, albat is it.

0:21:40.400 --> 0:21:42.600
<v Speaker 5>So I think everybody there's always like some of this

0:21:42.600 --> 0:21:47.120
<v Speaker 5>this like African daspora music that's taking over.

0:21:47.760 --> 0:21:49.320
<v Speaker 3>Afrobeat is having this thing right now.

0:21:49.600 --> 0:21:51.679
<v Speaker 2>All of the music, I mean it has roots in

0:21:51.720 --> 0:21:55.320
<v Speaker 2>Africa of course, you know, as far as the drums

0:21:55.480 --> 0:21:57.560
<v Speaker 2>of course, and you know all of that stuff. So

0:21:57.680 --> 0:22:02.440
<v Speaker 2>you know, it's not surprised that it's popular because it's

0:22:02.440 --> 0:22:05.960
<v Speaker 2>always been popular, just not it wasn't framed in that way,

0:22:06.040 --> 0:22:08.120
<v Speaker 2>right right, So like you said, it sounds like reggae,

0:22:08.119 --> 0:22:13.600
<v Speaker 2>but really probably the reggae comes from that originally.

0:22:13.160 --> 0:22:15.320
<v Speaker 3>Like you know what I'm saying, So like jazz and.

0:22:15.359 --> 0:22:18.520
<v Speaker 5>What's fluid ben because people out there love reggae, people

0:22:18.520 --> 0:22:21.439
<v Speaker 5>out there love even Haitian music. White Clefs is huge

0:22:21.480 --> 0:22:24.399
<v Speaker 5>over there in Africa. Like I go, like, you know,

0:22:24.680 --> 0:22:28.760
<v Speaker 5>I that's why Cleves young. They might be the young. Yeah, exactly.

0:22:29.119 --> 0:22:32.320
<v Speaker 5>My you know, my my in laws are from Nairobian.

0:22:32.520 --> 0:22:34.919
<v Speaker 5>I go over there and like I go and I

0:22:35.000 --> 0:22:37.399
<v Speaker 5>listen to I'll be at a restaurant and then the

0:22:37.480 --> 0:22:41.520
<v Speaker 5>server would have a Jamaican wristband. I'm like, you've been

0:22:41.560 --> 0:22:43.760
<v Speaker 5>in Jamaica, Like you know, I've been you know, from

0:22:43.960 --> 0:22:46.840
<v Speaker 5>I mean Haitians, back from Queen So like, I've always

0:22:47.080 --> 0:22:47.919
<v Speaker 5>been around Jamaican's.

0:22:47.920 --> 0:22:49.040
<v Speaker 3>I've been in Jamaica many times.

0:22:49.040 --> 0:22:50.879
<v Speaker 5>And so I was like, oh, where you from in Jamaica,

0:22:50.920 --> 0:22:52.680
<v Speaker 5>Like what are you doing here in Narobi And They're like, no,

0:22:52.760 --> 0:22:53.760
<v Speaker 5>I've never been in Jamaica.

0:22:53.760 --> 0:22:58.360
<v Speaker 3>I just love reggae culture. Culture. The culture is huge, right,

0:22:58.400 --> 0:22:59.840
<v Speaker 3>and so yeah, it's kind of gone back.

0:22:59.880 --> 0:23:04.359
<v Speaker 5>So definitely, I do believe although reggae has African rules,

0:23:04.359 --> 0:23:06.919
<v Speaker 5>I think the afrobeats learned from reggae too.

0:23:07.040 --> 0:23:07.560
<v Speaker 3>Yeah, for sure.

0:23:07.560 --> 0:23:09.520
<v Speaker 2>And even I mean it's all cross because even if

0:23:09.680 --> 0:23:13.560
<v Speaker 2>you go to Jamaica, you see a lot of flags

0:23:13.600 --> 0:23:17.520
<v Speaker 2>from Ethiopia.

0:23:16.600 --> 0:23:20.720
<v Speaker 4>Of This episode is brought to you by P and

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<v Speaker 6>An illegal alien from Guatemala charged with raping a child

0:25:12.960 --> 0:25:16.760
<v Speaker 6>in Massachusetts. An MS thirteen gang member from Al Salvador

0:25:17.000 --> 0:25:21.119
<v Speaker 6>accused of murdering a Texas. Man of Venezuelan charged with

0:25:21.200 --> 0:25:25.119
<v Speaker 6>filming and selling child pornography in Michigan. These are just

0:25:25.200 --> 0:25:28.960
<v Speaker 6>some of the heinous migrant criminals caught because of President

0:25:29.000 --> 0:25:32.520
<v Speaker 6>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:25:32.600 --> 0:25:37.399
<v Speaker 6>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:25:37.440 --> 0:25:40.960
<v Speaker 6>crossings are at the lowest levels ever recorded, and over

0:25:41.040 --> 0:25:44.240
<v Speaker 6>one hundred thousand illegal aliens have been arrested. If you

0:25:44.320 --> 0:25:48.160
<v Speaker 6>are here illegally, your next you will be fined nearly

0:25:48.280 --> 0:25:52.280
<v Speaker 6>one thousand dollars a day, imprisoned, and deported, you will

0:25:52.320 --> 0:25:55.960
<v Speaker 6>never return. But if you register using our CBP home

0:25:56.000 --> 0:25:59.359
<v Speaker 6>app and leave now, you could be allowed to return legally.

0:25:59.680 --> 0:26:00.560
<v Speaker 3>Do what's right.

0:26:01.119 --> 0:26:06.080
<v Speaker 6>Leave now. Under President Trump, America's laws, border and families

0:26:06.280 --> 0:26:07.080
<v Speaker 6>will be protected.

0:26:07.240 --> 0:26:09.760
<v Speaker 3>Sponsored by the United States Department of Homeland Security.

0:26:10.040 --> 0:26:13.480
<v Speaker 2>Shout out to the rosters. Yes, yes, yes, so you

0:26:13.520 --> 0:26:15.800
<v Speaker 2>know it's it's it's all. It's all connected for sure.

0:26:16.080 --> 0:26:17.760
<v Speaker 2>So let me ask you this as far as the

0:26:18.480 --> 0:26:20.280
<v Speaker 2>music scene, because you know the music is blowing up,

0:26:20.480 --> 0:26:22.840
<v Speaker 2>do they have record labels in Africa or are those

0:26:22.960 --> 0:26:25.240
<v Speaker 2>artists being signed to like American labels.

0:26:25.760 --> 0:26:29.440
<v Speaker 5>So they have record labels, but most of the people

0:26:29.480 --> 0:26:32.760
<v Speaker 5>that you see successful here are they have affiliations with

0:26:33.040 --> 0:26:36.760
<v Speaker 5>US record labels. And that's that's what's helped quite a

0:26:36.800 --> 0:26:39.080
<v Speaker 5>bit bad. At the time, it wasn't like that. But

0:26:40.119 --> 0:26:43.959
<v Speaker 5>you know, actually the individual that ran that division at

0:26:44.000 --> 0:26:46.240
<v Speaker 5>the company I was at here, he left and went

0:26:46.280 --> 0:26:49.680
<v Speaker 5>to Sony Music. So like the that at that time,

0:26:49.760 --> 0:26:52.200
<v Speaker 5>they realized that it was heating up and they started

0:26:52.400 --> 0:26:55.159
<v Speaker 5>putting people on the ground to kind of pull that

0:26:55.200 --> 0:26:59.280
<v Speaker 5>talent in and be that that in between. So yeah,

0:26:59.440 --> 0:27:01.240
<v Speaker 5>so for the most the people that you see now

0:27:01.280 --> 0:27:04.160
<v Speaker 5>and having success. They're backed by US powerhouses.

0:27:04.200 --> 0:27:08.400
<v Speaker 4>So even then, even at that venture in Iroco, your

0:27:08.480 --> 0:27:10.800
<v Speaker 4>job was to do the analytics, right, yeah, so what.

0:27:10.720 --> 0:27:13.240
<v Speaker 3>Type of things are you looking for? Like sure, sure,

0:27:13.320 --> 0:27:14.920
<v Speaker 3>so yeah, So it was a lot of things.

0:27:15.000 --> 0:27:19.920
<v Speaker 5>So the analytics were mainly analytics that you would see

0:27:19.920 --> 0:27:23.920
<v Speaker 5>on any digital platform. So I was responsible with looking

0:27:23.920 --> 0:27:27.439
<v Speaker 5>at the website, seeing where people were coming from and

0:27:27.720 --> 0:27:30.280
<v Speaker 5>use that information to figure out what the best marketing

0:27:30.400 --> 0:27:33.600
<v Speaker 5>campaigns were. Like you would see if people came from Google,

0:27:33.640 --> 0:27:37.000
<v Speaker 5>people came from an email, people came from Facebook. I

0:27:37.000 --> 0:27:39.080
<v Speaker 5>would look at also what people do on a website

0:27:39.119 --> 0:27:41.479
<v Speaker 5>to see whether we should do things to the website

0:27:41.520 --> 0:27:45.040
<v Speaker 5>that would make the navigation a lot easier. And then

0:27:45.280 --> 0:27:47.879
<v Speaker 5>from a content perspective, the cool thing about digital content

0:27:48.280 --> 0:27:51.000
<v Speaker 5>you could put numbers behind actually the amount of people

0:27:51.040 --> 0:27:53.080
<v Speaker 5>that were playing a certain piece of content, and then

0:27:53.119 --> 0:27:54.800
<v Speaker 5>I could go to the content team and they're like,

0:27:54.800 --> 0:27:58.680
<v Speaker 5>all right, drama movies are on average played twenty five

0:27:58.680 --> 0:28:02.840
<v Speaker 5>percent more on our web site. Therefore drama movies are

0:28:02.880 --> 0:28:05.199
<v Speaker 5>more viable. So they would use that information to go

0:28:05.280 --> 0:28:09.159
<v Speaker 5>to the negotiation table to decide what content to renew,

0:28:09.240 --> 0:28:10.359
<v Speaker 5>what to buy and et cetera.

0:28:11.840 --> 0:28:13.399
<v Speaker 3>The numbers guy.

0:28:13.920 --> 0:28:15.439
<v Speaker 2>All right, So in the next seven we're going to

0:28:15.440 --> 0:28:17.719
<v Speaker 2>talk about a few other things. And the question that

0:28:17.720 --> 0:28:20.600
<v Speaker 2>everybody asks anytime that we post anything about Africa is

0:28:21.080 --> 0:28:23.320
<v Speaker 2>it's China behind it, Chinese influence. So we're gonna talk

0:28:23.320 --> 0:28:25.400
<v Speaker 2>about Chinese influence in Africa a little bit. We're gonn

0:28:25.400 --> 0:28:27.640
<v Speaker 2>talk about some other things as well, So be right

0:28:27.680 --> 0:28:31.560
<v Speaker 2>back with that, all right. So one of the things

0:28:31.600 --> 0:28:35.920
<v Speaker 2>that everybody always comments, so anytime we post anything about

0:28:35.960 --> 0:28:39.560
<v Speaker 2>Africa is like the Chinese behind it, was Chinese involved

0:28:39.600 --> 0:28:43.040
<v Speaker 2>with So anybody's not familiar China. And it's not just Africa,

0:28:43.080 --> 0:28:48.040
<v Speaker 2>it's all over the world, right, Jamaica heavy and heavy influence.

0:28:48.600 --> 0:28:52.160
<v Speaker 2>China has a heavy influence in Jamaica and they also

0:28:52.240 --> 0:28:53.840
<v Speaker 2>have a heavy influence in Africa.

0:28:53.880 --> 0:28:55.640
<v Speaker 3>A lot of countries in Africa, the continent.

0:28:55.960 --> 0:28:58.560
<v Speaker 5>They really have a China has been involved in Jamaica

0:28:58.640 --> 0:29:03.760
<v Speaker 5>for a long time. Jamaican billionaire. Yeah, Chinese. Yeah, it

0:29:03.840 --> 0:29:05.840
<v Speaker 5>bugged me out the first time. I really I ain't

0:29:05.840 --> 0:29:08.440
<v Speaker 5>really I saw somebody that was Chinese, but they was

0:29:08.440 --> 0:29:09.600
<v Speaker 5>talking in Jamaican accents.

0:29:09.880 --> 0:29:14.560
<v Speaker 2>Why, but it's a lot of people in Jamaica. It's

0:29:14.560 --> 0:29:15.440
<v Speaker 2>a very diverse country.

0:29:15.520 --> 0:29:19.040
<v Speaker 3>Yeah, I mean my grandparents Jewish, you know what I mean.

0:29:19.120 --> 0:29:23.600
<v Speaker 4>So like when I heard both of your grandparents, my grandfather.

0:29:24.960 --> 0:29:26.920
<v Speaker 4>So when I when you see them on TV, talk

0:29:27.000 --> 0:29:29.400
<v Speaker 4>like my mom, my mom's last made The name is Twari,

0:29:29.720 --> 0:29:32.400
<v Speaker 4>which is a Jewish diamond company in Jamaica. So like

0:29:32.600 --> 0:29:34.680
<v Speaker 4>when I sold on TV, it's like bugs me out.

0:29:34.720 --> 0:29:36.800
<v Speaker 4>I'm like, wait, they don't look like us. They sound

0:29:36.840 --> 0:29:38.680
<v Speaker 4>just like us though it.

0:29:38.640 --> 0:29:39.880
<v Speaker 3>Is we It's crazy.

0:29:40.080 --> 0:29:42.640
<v Speaker 2>So all right, can we talk about that Chinese influence

0:29:42.680 --> 0:29:43.080
<v Speaker 2>in Africa?

0:29:43.280 --> 0:29:46.040
<v Speaker 5>China obviously, you know, since they kind of you know,

0:29:46.080 --> 0:29:49.040
<v Speaker 5>they're still communists kind of, but over the last whatever

0:29:49.080 --> 0:29:52.640
<v Speaker 5>three or four decades, they've embraced capitalism and it's been

0:29:52.880 --> 0:29:57.440
<v Speaker 5>with the aggression. The level of wealth that's being created

0:29:57.480 --> 0:30:01.800
<v Speaker 5>there is immense, level trade is immense, and with that

0:30:02.120 --> 0:30:06.200
<v Speaker 5>they want to be a world player, right, and to

0:30:06.240 --> 0:30:08.400
<v Speaker 5>be a world player you have to, you know, put

0:30:09.120 --> 0:30:13.040
<v Speaker 5>stakes in other places. And they see Africa as a

0:30:13.080 --> 0:30:17.720
<v Speaker 5>place that's been ignored by the Europeans, the US, et cetera.

0:30:17.840 --> 0:30:20.360
<v Speaker 5>And there's a lot of opportunity and the way they're

0:30:20.400 --> 0:30:23.160
<v Speaker 5>doing it is by using.

0:30:24.640 --> 0:30:26.960
<v Speaker 3>Financial capital as well as human capital. Right.

0:30:27.240 --> 0:30:29.640
<v Speaker 5>So what they there's a lot there's a lack of

0:30:29.680 --> 0:30:32.760
<v Speaker 5>infrastructure across the continent. So what they're doing, they're going

0:30:32.800 --> 0:30:35.200
<v Speaker 5>to countries and they're saying, hey, we'll build a new

0:30:35.280 --> 0:30:37.960
<v Speaker 5>highway for you, we'll build a new bridge for you,

0:30:38.240 --> 0:30:42.920
<v Speaker 5>we'll build a new factory for you. But you know,

0:30:43.400 --> 0:30:45.400
<v Speaker 5>after we build it, you know, maybe we have to

0:30:45.400 --> 0:30:48.160
<v Speaker 5>have exclusive rights to it. Maybe you know, we need

0:30:48.200 --> 0:30:50.640
<v Speaker 5>to do X, y and z, and so in doing that,

0:30:51.400 --> 0:30:54.600
<v Speaker 5>they're just building everything, you know, they're you know, they're

0:30:54.640 --> 0:30:57.840
<v Speaker 5>having the opportunity to kind of uh state their claim

0:30:57.960 --> 0:31:00.520
<v Speaker 5>and so they're going into it at least from the

0:31:00.560 --> 0:31:03.320
<v Speaker 5>onset of as if they're helping, which there is a

0:31:03.400 --> 0:31:03.880
<v Speaker 5>level of it.

0:31:03.960 --> 0:31:05.600
<v Speaker 3>But the way they're doing it, a lot of people

0:31:05.640 --> 0:31:06.120
<v Speaker 3>don't agree with.

0:31:06.080 --> 0:31:08.680
<v Speaker 5>It, right, because what they do is they you're not

0:31:08.760 --> 0:31:11.400
<v Speaker 5>hiring local people, right, they bring their own people to

0:31:11.400 --> 0:31:12.440
<v Speaker 5>build everything from China.

0:31:12.520 --> 0:31:14.440
<v Speaker 3>Yeah, cheaper labor, cheaper labor.

0:31:15.520 --> 0:31:16.840
<v Speaker 5>There's even people, I mean, I don't know if this

0:31:16.920 --> 0:31:18.640
<v Speaker 5>is true or not, but the people saying that they're

0:31:18.680 --> 0:31:22.040
<v Speaker 5>taking prisoners from China and using them as like labor

0:31:22.080 --> 0:31:22.920
<v Speaker 5>in Africa.

0:31:23.440 --> 0:31:26.080
<v Speaker 3>That's that's that's I don't I don't know the truth there,

0:31:26.160 --> 0:31:28.840
<v Speaker 3>that's there's a whole there's a whole story on it

0:31:28.920 --> 0:31:33.200
<v Speaker 3>on HBO UH Sports. They covered it. It was like

0:31:33.240 --> 0:31:34.040
<v Speaker 3>pretty in detail.

0:31:34.080 --> 0:31:36.200
<v Speaker 4>It was that was one of the rumors that they

0:31:36.520 --> 0:31:39.800
<v Speaker 4>covered so right, and you know, and you.

0:31:39.720 --> 0:31:41.480
<v Speaker 5>Know, I think, I don't want to I don't want

0:31:41.480 --> 0:31:45.280
<v Speaker 5>to like feed into like the whole Africa and nepotism

0:31:45.440 --> 0:31:47.680
<v Speaker 5>and and and corruption story.

0:31:47.720 --> 0:31:49.280
<v Speaker 3>But there's a lot of out there.

0:31:49.320 --> 0:31:51.440
<v Speaker 5>And so what they're doing is they're like sometimes they're

0:31:51.440 --> 0:31:54.160
<v Speaker 5>Greece in the pockets certain politicians and then politicians are

0:31:54.160 --> 0:31:54.960
<v Speaker 5>signing things.

0:31:54.720 --> 0:31:57.760
<v Speaker 3>Off and and that's it. So then you have a.

0:31:57.760 --> 0:32:00.440
<v Speaker 5>Road, you have a bridge, you have a something like that,

0:32:00.600 --> 0:32:04.840
<v Speaker 5>just a railroad built by Chinese hospital hospital. And then

0:32:05.640 --> 0:32:08.840
<v Speaker 5>you know then after that they have ownership or they

0:32:08.840 --> 0:32:11.520
<v Speaker 5>could have ownership. What they might do is they may

0:32:12.120 --> 0:32:15.080
<v Speaker 5>do something where they they offered, they built it, they

0:32:15.120 --> 0:32:17.360
<v Speaker 5>offered the financing, and they do it at like maybe

0:32:17.400 --> 0:32:20.240
<v Speaker 5>a user's interest rate to the point where the country

0:32:20.240 --> 0:32:22.280
<v Speaker 5>can't pay it and then they're stuck with it. So

0:32:22.400 --> 0:32:24.520
<v Speaker 5>you know, there's a story in Kenya that I could

0:32:24.520 --> 0:32:27.640
<v Speaker 5>go into if you want. Yeah, yeah, so Kenya recently,

0:32:27.680 --> 0:32:30.840
<v Speaker 5>you know there's a port that is in their uh

0:32:31.120 --> 0:32:34.200
<v Speaker 5>their Mambasa which is a huge port city. And in

0:32:34.320 --> 0:32:37.520
<v Speaker 5>Kenya where it was a port that was rebuilt shipping

0:32:37.520 --> 0:32:40.040
<v Speaker 5>port that was rebuilt by the Chinese and and and

0:32:40.200 --> 0:32:44.320
<v Speaker 5>part as part of the deal. Somehow they built it,

0:32:44.760 --> 0:32:48.600
<v Speaker 5>but they lent Kenyon's money to pay them for building it,

0:32:49.040 --> 0:32:52.240
<v Speaker 5>and then Kenyans cannot keep up with the interest rates

0:32:53.240 --> 0:32:57.640
<v Speaker 5>and they took the port over. But the what was

0:32:57.680 --> 0:33:01.080
<v Speaker 5>said is that it's it's temporary, but you know, you

0:33:01.120 --> 0:33:02.240
<v Speaker 5>know things are not always not.

0:33:02.480 --> 0:33:04.160
<v Speaker 2>But they did in Jamaica to this, so they built

0:33:04.400 --> 0:33:07.880
<v Speaker 2>the airplane. They bailed the airport out, like the second

0:33:07.960 --> 0:33:10.600
<v Speaker 2>largest airport in Jamaica, and it's like on a twenty

0:33:10.680 --> 0:33:12.959
<v Speaker 2>year lead, like they own it for twenty years, but

0:33:13.000 --> 0:33:16.040
<v Speaker 2>then they can buy it back at the twenty year mark.

0:33:17.120 --> 0:33:19.920
<v Speaker 2>But probably something tough me toughing them to buy it back.

0:33:20.080 --> 0:33:21.600
<v Speaker 2>So they probably just own the airport now, right.

0:33:21.640 --> 0:33:23.840
<v Speaker 5>But in their defense, I mean, Africa has been the

0:33:23.920 --> 0:33:29.080
<v Speaker 5>victim of like usurus financial transactions for a long time

0:33:29.240 --> 0:33:32.000
<v Speaker 5>because you know, most of Africa got independent in like

0:33:32.080 --> 0:33:36.920
<v Speaker 5>the sixties into the seventies. There have been multiple dictatorships

0:33:36.920 --> 0:33:39.320
<v Speaker 5>and all types of stuff and when they had when

0:33:39.320 --> 0:33:42.760
<v Speaker 5>they got independent, these European powers that were involved just

0:33:42.800 --> 0:33:46.400
<v Speaker 5>pulled out, didn't care. They left the countries in bad

0:33:46.440 --> 0:33:51.120
<v Speaker 5>shape and the World Bank IMF came in and a

0:33:51.160 --> 0:33:54.200
<v Speaker 5>lot of those loans were with caviast that were not

0:33:54.240 --> 0:33:58.200
<v Speaker 5>great for the countries. And so China's doing this kind

0:33:58.240 --> 0:34:00.200
<v Speaker 5>of just kind of just stepping into that role bit

0:34:00.800 --> 0:34:02.400
<v Speaker 5>and to the country, they're like, at least these people

0:34:02.440 --> 0:34:05.520
<v Speaker 5>are building us stuff. So like there's positive and negatives

0:34:05.560 --> 0:34:05.880
<v Speaker 5>to it.

0:34:06.080 --> 0:34:07.600
<v Speaker 3>Like all things in life.

0:34:07.840 --> 0:34:09.799
<v Speaker 2>So and then also, like you said, I mean, it's

0:34:09.840 --> 0:34:11.879
<v Speaker 2>the politicians are the ones that actually have to sign

0:34:11.920 --> 0:34:14.200
<v Speaker 2>off on it. They're not putting a gun at anybody's

0:34:14.200 --> 0:34:17.759
<v Speaker 2>head and taking the land over. So ultimately, if they

0:34:17.800 --> 0:34:23.640
<v Speaker 2>are taking over Africa, it's the politician's fault, right you can't.

0:34:23.760 --> 0:34:26.160
<v Speaker 2>I mean, you know, they're going to do what's best

0:34:26.160 --> 0:34:30.000
<v Speaker 2>for their country, right like any country would do. America

0:34:30.040 --> 0:34:33.879
<v Speaker 2>has done that for generations. Every country would do that.

0:34:34.280 --> 0:34:37.759
<v Speaker 2>But it's up to the country to say no, all

0:34:37.760 --> 0:34:39.040
<v Speaker 2>money is not good money.

0:34:38.880 --> 0:34:41.399
<v Speaker 5>Right right, right, you got that country has to think

0:34:41.480 --> 0:34:43.480
<v Speaker 5>long term and the leaders have think long term, and

0:34:43.480 --> 0:34:46.759
<v Speaker 5>that's not always the case. And another reason why they

0:34:46.800 --> 0:34:51.840
<v Speaker 5>love Africa is because they've been building so much in

0:34:51.840 --> 0:34:55.160
<v Speaker 5>in China. They need materials for that, and there's materials

0:34:55.160 --> 0:34:59.719
<v Speaker 5>in Africa, every material so you know, you can't do

0:35:00.080 --> 0:35:01.680
<v Speaker 5>They realize you can't do what they did in the

0:35:01.719 --> 0:35:05.400
<v Speaker 5>eighteen hundreds nineteen hundred, come with guns and whatever, like let's.

0:35:05.320 --> 0:35:06.239
<v Speaker 3>Let's let me do a deal with you.

0:35:06.280 --> 0:35:08.520
<v Speaker 5>I'm gonna go and build this school for this hospital,

0:35:08.640 --> 0:35:11.719
<v Speaker 5>give you buses, do whatever. And by the way, like

0:35:12.880 --> 0:35:16.279
<v Speaker 5>that mining over there, like yo, like I see can

0:35:16.320 --> 0:35:17.040
<v Speaker 5>we get see I.

0:35:16.960 --> 0:35:18.600
<v Speaker 3>See Belgians doing some stuff there.

0:35:18.600 --> 0:35:20.440
<v Speaker 5>I see some British Like, why don't you just like

0:35:20.719 --> 0:35:23.160
<v Speaker 5>let us hold that ourselves because we are We're really

0:35:23.160 --> 0:35:23.560
<v Speaker 5>your friend.

0:35:24.080 --> 0:35:24.960
<v Speaker 3>So yeah, that's that.

0:35:25.160 --> 0:35:28.600
<v Speaker 5>You know, they're they're they're definitely being strategic about it.

0:35:28.760 --> 0:35:30.440
<v Speaker 4>It's a gold continent for a reason, you know what

0:35:30.440 --> 0:35:34.200
<v Speaker 4>I mean. So in terms of like Americans of African descent,

0:35:34.360 --> 0:35:36.640
<v Speaker 4>what do you think long term as far as investments

0:35:36.640 --> 0:35:37.280
<v Speaker 4>in the continent.

0:35:37.480 --> 0:35:40.239
<v Speaker 5>Yeah, I think it's very very important for us to

0:35:40.280 --> 0:35:43.920
<v Speaker 5>be involved. I think there's a lot of opportunity. Like

0:35:44.000 --> 0:35:47.200
<v Speaker 5>we said on the side earlier, I think over fifty

0:35:47.239 --> 0:35:50.480
<v Speaker 5>percent of the population in Africa is.

0:35:49.840 --> 0:35:52.000
<v Speaker 3>Is under the age of twenty five.

0:35:52.840 --> 0:35:56.360
<v Speaker 5>I think that's I believe that's a stat that Africa

0:35:56.480 --> 0:35:58.799
<v Speaker 5>is one of the Africa in Asia all the only

0:35:58.840 --> 0:36:03.080
<v Speaker 5>two continents where the POB is growing, like the US, Europe, Japan,

0:36:03.160 --> 0:36:05.080
<v Speaker 5>Like these are places where people are having less or

0:36:05.120 --> 0:36:08.319
<v Speaker 5>less children, so there's less and less people, whereas in

0:36:08.400 --> 0:36:11.800
<v Speaker 5>Africa is growing. So therefore obviously you have more talent

0:36:11.880 --> 0:36:15.760
<v Speaker 5>and also more consumption. Obviously this is a place where

0:36:15.920 --> 0:36:19.239
<v Speaker 5>people of African set, whoever whoever they are, is it's

0:36:19.239 --> 0:36:19.800
<v Speaker 5>more of as.

0:36:19.760 --> 0:36:20.720
<v Speaker 3>Looked upon an asset.

0:36:20.800 --> 0:36:22.560
<v Speaker 5>Like it's it's not as easy for us to just

0:36:22.680 --> 0:36:25.640
<v Speaker 5>drop in Belgium or drop in Malaysia and just open

0:36:25.719 --> 0:36:27.640
<v Speaker 5>up a business. But like I'm not gonna say, I'm

0:36:27.640 --> 0:36:30.320
<v Speaker 5>not saying it's easy in Nigeria or but Tswana, but

0:36:30.360 --> 0:36:35.279
<v Speaker 5>it's easier, right, And I think it's just important, Like

0:36:35.320 --> 0:36:37.680
<v Speaker 5>you know, we've we we we come from that country,

0:36:37.760 --> 0:36:40.920
<v Speaker 5>that continent originally, everybody has a different story about how

0:36:40.920 --> 0:36:44.080
<v Speaker 5>they ended up here, right, and it would be I

0:36:44.120 --> 0:36:46.319
<v Speaker 5>think it's very important for us to like take take

0:36:46.360 --> 0:36:47.600
<v Speaker 5>part in it its resurgence.

0:36:48.239 --> 0:36:50.800
<v Speaker 2>Now for sure, I've seen Akon he said that he

0:36:51.160 --> 0:36:56.560
<v Speaker 2>encouraged all Americans, Black Americans specifically, to go back to

0:36:56.600 --> 0:36:59.799
<v Speaker 2>Africa and taking talent, like whatever talent you have, whether

0:36:59.800 --> 0:37:04.840
<v Speaker 2>it be real estate, whether it be manufacturing, construction, music, whatever,

0:37:05.320 --> 0:37:09.000
<v Speaker 2>and established business there because he was like, you know,

0:37:09.080 --> 0:37:12.000
<v Speaker 2>it's still a learning curve where it's still learning and

0:37:12.320 --> 0:37:15.560
<v Speaker 2>we might have the expertise to help out. And like

0:37:15.600 --> 0:37:18.520
<v Speaker 2>you said, even if you've never been, it's still a

0:37:18.560 --> 0:37:20.719
<v Speaker 2>connection on a certain level. It's got to be a

0:37:20.760 --> 0:37:22.920
<v Speaker 2>connection for sure. So there was there was.

0:37:23.239 --> 0:37:26.080
<v Speaker 4>I was speaking to a gentleman in Atlanta stop and

0:37:26.280 --> 0:37:27.920
<v Speaker 4>he does work in Africa, and he was telling me

0:37:27.920 --> 0:37:29.160
<v Speaker 4>something this might be true or not if you can

0:37:29.200 --> 0:37:31.359
<v Speaker 4>prove like through like your ancestry dot Com or something

0:37:31.400 --> 0:37:34.759
<v Speaker 4>like that, if there's any ties to country in Africa.

0:37:34.480 --> 0:37:37.600
<v Speaker 3>Like you can get a dual citizenship within like six months.

0:37:37.719 --> 0:37:38.400
<v Speaker 3>Is that true or not?

0:37:39.000 --> 0:37:43.480
<v Speaker 2>I think I think Ghana was offering African Americans. I

0:37:43.520 --> 0:37:46.400
<v Speaker 2>think they still are citizenship. It was like part of

0:37:46.440 --> 0:37:49.040
<v Speaker 2>a campaign come home campaign that they were running. I'm

0:37:49.040 --> 0:37:51.040
<v Speaker 2>pretty sure Gana was doing that. I'm not familiar with

0:37:51.040 --> 0:37:54.560
<v Speaker 2>any other country, but I know Gana specifically was offering that,

0:37:54.719 --> 0:37:57.520
<v Speaker 2>and I think they still are offering that. So shout

0:37:57.520 --> 0:37:58.080
<v Speaker 2>out to Ghana.

0:37:58.120 --> 0:38:00.640
<v Speaker 3>For sure. We gotta go back. We said that we

0:38:00.719 --> 0:38:03.440
<v Speaker 3>gotta gom sorry to go.

0:38:03.480 --> 0:38:05.000
<v Speaker 5>Yeah, we gotta go. We gotta do something out there.

0:38:05.239 --> 0:38:08.440
<v Speaker 5>It's a new way I saw on I g New

0:38:08.520 --> 0:38:10.399
<v Speaker 5>Year's like a lot of celebrities, a lot of people

0:38:10.400 --> 0:38:12.600
<v Speaker 5>are going to a crowd to something New Years.

0:38:12.640 --> 0:38:14.520
<v Speaker 3>So, yeah, hear me talking about that all the time.

0:38:14.560 --> 0:38:16.879
<v Speaker 5>He spends like the last two weeks of the year

0:38:16.880 --> 0:38:19.400
<v Speaker 5>in South Africa, right, Yeah, South Africa is beautiful.

0:38:19.600 --> 0:38:21.960
<v Speaker 2>Yeah, I want to go out to Africa period. You know,

0:38:22.000 --> 0:38:25.040
<v Speaker 2>there's so many different places in Africa. So yeah, we

0:38:25.040 --> 0:38:27.319
<v Speaker 2>definitely got touched. Can we talk about the.

0:38:29.239 --> 0:38:34.280
<v Speaker 5>Yeah, yeah, So am pessa is M stands for mobile

0:38:34.480 --> 0:38:38.239
<v Speaker 5>for mobile passa is money in Swahili and basically it's

0:38:38.239 --> 0:38:41.120
<v Speaker 5>mobile money. And so you know, obviously people use mobile

0:38:41.160 --> 0:38:43.920
<v Speaker 5>money all over the globe. In the US, we used

0:38:43.960 --> 0:38:47.440
<v Speaker 5>v we use cash app, but not to an extent

0:38:47.440 --> 0:38:49.920
<v Speaker 5>they use it out there. Like the first real successful

0:38:49.960 --> 0:38:53.360
<v Speaker 5>implementation of mobile money was in It was in Kenya,

0:38:53.680 --> 0:38:58.000
<v Speaker 5>and it's something that everybody uses. It's something that is

0:38:58.640 --> 0:39:01.319
<v Speaker 5>it's actually that's from like two thousand and eight, like

0:39:01.480 --> 0:39:05.360
<v Speaker 5>way back then, people were using money to sex message

0:39:05.400 --> 0:39:08.520
<v Speaker 5>to each other and it's it's still considered the most

0:39:08.520 --> 0:39:12.480
<v Speaker 5>successful implementation of mobile money. Like you, these are people.

0:39:12.640 --> 0:39:16.200
<v Speaker 5>These are you know, we've always had financial instruction infrastructure

0:39:16.200 --> 0:39:19.440
<v Speaker 5>in the US. You had bank accounts, you have credit cards,

0:39:19.440 --> 0:39:21.840
<v Speaker 5>et cetera. These are individuals that didn't even have that,

0:39:22.120 --> 0:39:26.280
<v Speaker 5>but they were able to transact digitally using their phones.

0:39:26.840 --> 0:39:28.640
<v Speaker 2>Yeah, I'm sorry, cut you up, but yeah, I saw

0:39:28.680 --> 0:39:30.680
<v Speaker 2>it in sixteen minutes. It was crazy because they were

0:39:30.719 --> 0:39:34.400
<v Speaker 2>saying that like how successful it was, and they were saying, like,

0:39:34.440 --> 0:39:36.640
<v Speaker 2>you know, especially in a lot of the rural parts,

0:39:37.440 --> 0:39:38.880
<v Speaker 2>they can't get to a bank. Even if there is

0:39:38.920 --> 0:39:41.680
<v Speaker 2>a bank, they can't get to it physically, So like

0:39:41.960 --> 0:39:44.520
<v Speaker 2>I forgot how much. But a large population, large part

0:39:44.520 --> 0:39:46.960
<v Speaker 2>of the population is unbanked and have bank acounts, never

0:39:46.960 --> 0:39:49.360
<v Speaker 2>had bank accounts, so not a mobile thing. But everybody

0:39:49.360 --> 0:39:51.120
<v Speaker 2>has to cell phone, even if it's like a cheap

0:39:51.160 --> 0:39:53.279
<v Speaker 2>cell phone, but they still have a cell phone. So

0:39:53.440 --> 0:39:58.000
<v Speaker 2>it made life tremendously easier when they developed that program

0:39:58.080 --> 0:40:00.799
<v Speaker 2>because not everybody uses that, so easy you don't have

0:40:00.800 --> 0:40:01.800
<v Speaker 2>to use the band. I think the guy is like

0:40:01.840 --> 0:40:03.000
<v Speaker 2>a billionaire who developed that.

0:40:03.239 --> 0:40:06.440
<v Speaker 5>Yeah, yeah, he was part of that, but also it

0:40:07.239 --> 0:40:11.080
<v Speaker 5>came together with a marriage between basically Seth Fari Khan,

0:40:11.160 --> 0:40:14.880
<v Speaker 5>which is like their Verizon, like their major cell phone provider,

0:40:15.200 --> 0:40:17.600
<v Speaker 5>and Equity Bank, which is a major bank. So it

0:40:17.680 --> 0:40:19.200
<v Speaker 5>was as if, you know, if I was to use

0:40:19.200 --> 0:40:21.920
<v Speaker 5>a parallel in the US, It's as if Verizon and

0:40:22.040 --> 0:40:25.560
<v Speaker 5>JP Morgan Chase came together and got along and they

0:40:25.719 --> 0:40:30.040
<v Speaker 5>just they created this huge digital digital thing in a

0:40:30.120 --> 0:40:33.080
<v Speaker 5>way because it's a it was emerging market and had

0:40:33.120 --> 0:40:35.759
<v Speaker 5>less infrastructure. You have fewer players, you had a few

0:40:36.040 --> 0:40:39.680
<v Speaker 5>fewer regulatory hurdles, and it just came together seamlessly and

0:40:39.719 --> 0:40:40.120
<v Speaker 5>took over.

0:40:42.080 --> 0:40:45.560
<v Speaker 2>That's powerful, man. So what's your overall outlook.

0:40:45.120 --> 0:40:46.000
<v Speaker 3>On the content?

0:40:46.040 --> 0:40:48.040
<v Speaker 2>I know you've been there a lot and your family

0:40:48.040 --> 0:40:50.840
<v Speaker 2>half your wife is from Kenyon as well, and you

0:40:50.920 --> 0:40:53.640
<v Speaker 2>worked in the NBA and stuff like that on on Africa.

0:40:53.719 --> 0:40:58.960
<v Speaker 5>What's your You're optimistic. I'm optimistic. I think similar to

0:40:59.040 --> 0:41:02.520
<v Speaker 5>like crypto, like you know, tread carefully. Like for instance,

0:41:02.760 --> 0:41:07.200
<v Speaker 5>if the people like from when I initially landed worked

0:41:07.200 --> 0:41:09.640
<v Speaker 5>in Africa to now, a lot of those currencies are

0:41:09.680 --> 0:41:14.000
<v Speaker 5>down like fifty percent, right, so they've they've you know,

0:41:14.040 --> 0:41:17.120
<v Speaker 5>there was a time and I would say the you know,

0:41:17.360 --> 0:41:20.320
<v Speaker 5>early twenty ten, so like to on ten to twenty fourteen,

0:41:20.360 --> 0:41:23.960
<v Speaker 5>where all those currencies were booming, there was so much

0:41:24.000 --> 0:41:26.839
<v Speaker 5>investment happening. But there's a there's been a lot of

0:41:26.880 --> 0:41:30.799
<v Speaker 5>like political unrest. The economies have not taken off to

0:41:30.880 --> 0:41:33.959
<v Speaker 5>the level that they that people thought, and so there's

0:41:33.960 --> 0:41:35.680
<v Speaker 5>been a lot of uh, there's been a bit of

0:41:35.680 --> 0:41:39.000
<v Speaker 5>a pullback. That being said, that's good opportunity to put

0:41:39.000 --> 0:41:40.960
<v Speaker 5>money in. I just want to put all my money in.

0:41:41.239 --> 0:41:43.040
<v Speaker 5>And also I would make sure that I think it's

0:41:43.120 --> 0:41:45.960
<v Speaker 5>very important for you to understand the local market, right,

0:41:46.000 --> 0:41:48.440
<v Speaker 5>So like, for instance, like you build an app out

0:41:48.440 --> 0:41:51.120
<v Speaker 5>here in the US, I'm building iPhone first be gets

0:41:51.280 --> 0:41:53.960
<v Speaker 5>over there, Android is king, right, you got to know

0:41:54.000 --> 0:41:55.719
<v Speaker 5>what people are going through. You have to know that

0:41:56.040 --> 0:41:57.839
<v Speaker 5>you know, one trouble we had, it's like all right,

0:41:57.840 --> 0:42:00.000
<v Speaker 5>well people, we want people to streaming movies or watch

0:42:00.040 --> 0:42:03.239
<v Speaker 5>schemes on their cell phone. In the US, my team

0:42:03.280 --> 0:42:07.040
<v Speaker 5>mobile data plan is unlimited. Over there, people are prepaid

0:42:07.480 --> 0:42:10.440
<v Speaker 5>and the infrastructure is not even that strong. So like

0:42:11.000 --> 0:42:14.719
<v Speaker 5>streaming those megabytes and to even watch a game like

0:42:14.800 --> 0:42:18.200
<v Speaker 5>you could kill somebody's whole monthly allotment of Watch one game,

0:42:18.360 --> 0:42:19.640
<v Speaker 5>all right, so.

0:42:19.600 --> 0:42:21.920
<v Speaker 3>They're more likely to wait until they could get to Wi.

0:42:21.719 --> 0:42:24.799
<v Speaker 5>Fi to download something, whereas we here don't care, right,

0:42:24.840 --> 0:42:26.160
<v Speaker 5>so you have to make sure if you would have

0:42:26.160 --> 0:42:29.239
<v Speaker 5>built a product for them, you have to take those

0:42:29.360 --> 0:42:30.640
<v Speaker 5>things to account.

0:42:31.200 --> 0:42:31.680
<v Speaker 3>That's dope.

0:42:31.760 --> 0:42:34.320
<v Speaker 2>That's yeah, man, thank you for that information.

0:42:34.400 --> 0:42:34.560
<v Speaker 3>Man.

0:42:34.560 --> 0:42:36.600
<v Speaker 2>We appreciate it, and we're gonna try This is actually

0:42:36.600 --> 0:42:40.279
<v Speaker 2>something that we want to try to do, uh, for

0:42:40.400 --> 0:42:42.759
<v Speaker 2>every every continent, so we all have like this was

0:42:42.760 --> 0:42:46.560
<v Speaker 2>an Africa addition, We'll have a Europe edition, We'll have

0:42:46.640 --> 0:42:48.080
<v Speaker 2>a South America.

0:42:48.040 --> 0:42:50.360
<v Speaker 3>Different countries, Caribbean edition. Yeah, yeah, different countries.

0:42:50.360 --> 0:42:54.320
<v Speaker 2>Because I feel like it's important a to acknowledge that

0:42:54.239 --> 0:42:56.920
<v Speaker 2>the people all over the world, and it's also important

0:42:57.080 --> 0:43:01.560
<v Speaker 2>once again for Americans investment. Majority of our listeners are Americans.

0:43:01.719 --> 0:43:05.160
<v Speaker 2>But you got to expand your mind. You got to

0:43:05.200 --> 0:43:06.600
<v Speaker 2>see the world for what it is. You got to

0:43:06.600 --> 0:43:08.640
<v Speaker 2>see bigger than just your neighborhood and your city. It's

0:43:08.680 --> 0:43:10.319
<v Speaker 2>tough a lot of times we get so bogged down

0:43:10.360 --> 0:43:12.640
<v Speaker 2>in our day to day life that we don't see

0:43:12.680 --> 0:43:16.400
<v Speaker 2>past our ten mile radius or even two mile radius,

0:43:16.440 --> 0:43:19.400
<v Speaker 2>Like we just worry about where we're at but the

0:43:19.440 --> 0:43:23.520
<v Speaker 2>world moves quick and you know, business is done all

0:43:23.560 --> 0:43:26.160
<v Speaker 2>over the world and just people. You know, it's good

0:43:26.200 --> 0:43:28.720
<v Speaker 2>to experience different cultures and know what's going on outside

0:43:28.719 --> 0:43:30.640
<v Speaker 2>of it's just your neighborhood. So we could be that

0:43:30.719 --> 0:43:35.160
<v Speaker 2>window of the world and bring people that are knowledgeable about,

0:43:35.280 --> 0:43:37.520
<v Speaker 2>you know, different areas in the world and actually travel

0:43:37.600 --> 0:43:40.040
<v Speaker 2>to those places as well. That's one thing we're going

0:43:40.120 --> 0:43:42.520
<v Speaker 2>to do. We're on toll right now hitting different cities

0:43:42.520 --> 0:43:45.440
<v Speaker 2>in America, but we're gonna eventually we're gonna go overseas

0:43:45.480 --> 0:43:47.600
<v Speaker 2>as well. We're going to go to these places and

0:43:47.640 --> 0:43:50.160
<v Speaker 2>actually talk to people in those actual countries as well.

0:43:50.239 --> 0:43:52.400
<v Speaker 3>Hopefully we can bring some alumni with us. Yeah, now

0:43:52.840 --> 0:43:53.719
<v Speaker 3>your alumni.

0:43:53.480 --> 0:43:56.960
<v Speaker 2>Now show up for sure. So once again, if you

0:43:57.040 --> 0:44:00.080
<v Speaker 2>got any opportunities speaking and gagings and feel free to

0:44:00.160 --> 0:44:02.800
<v Speaker 2>hit us up. Email us is the best, but email

0:44:02.880 --> 0:44:06.960
<v Speaker 2>dm us. We open it to traveling domestically and internationally.

0:44:06.960 --> 0:44:08.480
<v Speaker 2>We're going to be on a college tourist for We're

0:44:08.480 --> 0:44:10.759
<v Speaker 2>gonna hit a couple of colleges. We've been announcing that

0:44:10.800 --> 0:44:13.520
<v Speaker 2>pretty soon. So yeah, we're going to try to spread

0:44:13.520 --> 0:44:16.359
<v Speaker 2>the word of financial literacy and education all over the world,

0:44:16.520 --> 0:44:19.560
<v Speaker 2>every language, every population. As I said, it's not something

0:44:19.640 --> 0:44:23.880
<v Speaker 2>that's just limited to one communities, but every every community

0:44:24.000 --> 0:44:26.640
<v Speaker 2>world man con that's that's the kind of vision that

0:44:26.960 --> 0:44:30.200
<v Speaker 2>we're looking at all over the world. So once again,

0:44:30.239 --> 0:44:32.839
<v Speaker 2>thank you. Can you tell the people your information how

0:44:32.880 --> 0:44:33.640
<v Speaker 2>to how to reach you?

0:44:33.760 --> 0:44:35.960
<v Speaker 5>Yeah, no, thank you for having me. This was fun.

0:44:36.680 --> 0:44:40.160
<v Speaker 5>I uh, you find me on Twitter as well as

0:44:40.680 --> 0:44:43.920
<v Speaker 5>I G It's Fritz Chain so f R d z

0:44:44.120 --> 0:44:48.080
<v Speaker 5>c h A I N. My name Fitz Charles. On

0:44:48.120 --> 0:44:50.840
<v Speaker 5>LinkedIn you can add me and that's it.

0:44:51.040 --> 0:44:51.239
<v Speaker 3>Yeah.

0:44:51.360 --> 0:44:54.840
<v Speaker 5>I'm always you know, my dam is open. I'm always

0:44:55.000 --> 0:44:57.160
<v Speaker 5>willing to chat with people, learn from people.

0:44:57.239 --> 0:44:59.120
<v Speaker 3>And what's your podcast too, It's.

0:44:58.920 --> 0:45:02.800
<v Speaker 5>Called coin Gamma. Yeah, we talked about crypto blockchain forty

0:45:02.800 --> 0:45:05.919
<v Speaker 5>eight episodes then yeah, yeah, exactly, thank you. So, yeah,

0:45:05.920 --> 0:45:09.000
<v Speaker 5>we talk about crypto blockchain. We needed some of the

0:45:09.000 --> 0:45:12.080
<v Speaker 5>biggest leaders in the space. Just talking about the different trends.

0:45:12.239 --> 0:45:14.920
<v Speaker 5>It's always something new going on. Right now it's about Facebook,

0:45:15.000 --> 0:45:17.200
<v Speaker 5>so next week about it will be about something different.

0:45:17.200 --> 0:45:18.760
<v Speaker 3>You're talking about Libra yeah, Libra.

0:45:18.920 --> 0:45:22.520
<v Speaker 5>Yeah, so yeah, check me out and definitely appreciate your

0:45:22.560 --> 0:45:23.480
<v Speaker 5>time for support that.

0:45:23.960 --> 0:45:27.600
<v Speaker 3>Thank you for coming Troy. Yeah, pet you on community. Yeah,

0:45:27.680 --> 0:45:30.160
<v Speaker 3>I'll patreon community. It always grows. So thank you to

0:45:30.160 --> 0:45:31.520
<v Speaker 3>everybody that's supporting. You know.

0:45:31.640 --> 0:45:34.799
<v Speaker 4>That's our proud to pay program again, rest in peace

0:45:34.800 --> 0:45:37.359
<v Speaker 4>to it. I want to give a big shout out

0:45:37.360 --> 0:45:41.560
<v Speaker 4>to Brenda. She's one of our patrons from California. She's

0:45:41.600 --> 0:45:43.080
<v Speaker 4>trying to link the dots so we can come out

0:45:43.080 --> 0:45:46.280
<v Speaker 4>to Oakland. So shout out to Brenda and everybody that's joined.

0:45:46.280 --> 0:45:48.080
<v Speaker 4>Like I said, you can join at any tier. There's

0:45:48.080 --> 0:45:50.960
<v Speaker 4>about this five of them. But the more you support that,

0:45:51.000 --> 0:45:52.600
<v Speaker 4>the more we're gonna be able to do things like

0:45:52.680 --> 0:45:54.800
<v Speaker 4>travel internationally and domestically.

0:45:54.840 --> 0:45:57.120
<v Speaker 3>So continue to support that. We got some new merch.

0:45:57.719 --> 0:46:00.440
<v Speaker 4>If you was on Instagram, you saw the eyl Versity

0:46:01.719 --> 0:46:03.880
<v Speaker 4>that's coming soon, so be on the look out for

0:46:03.920 --> 0:46:05.960
<v Speaker 4>that and some more some more other things that we got.

0:46:06.000 --> 0:46:07.640
<v Speaker 3>We're gonna put on that on the website as well.

0:46:08.120 --> 0:46:09.200
<v Speaker 3>The website. We about the redesign.

0:46:09.280 --> 0:46:11.360
<v Speaker 2>Yeah about the redesign the website Digital brands with a

0:46:11.400 --> 0:46:14.920
<v Speaker 2>Z shout out to them, Yeah, for sure. And the merch, Yes,

0:46:15.000 --> 0:46:17.279
<v Speaker 2>don't forget the merch. The merger is another way to

0:46:17.280 --> 0:46:20.040
<v Speaker 2>support the podcast. So we have merch up right now

0:46:20.080 --> 0:46:21.960
<v Speaker 2>or your Legia dot com and putting new merch up,

0:46:22.400 --> 0:46:24.719
<v Speaker 2>and we make we make statements with our clothes, and

0:46:24.719 --> 0:46:27.480
<v Speaker 2>we complain a lot about designers that you know are

0:46:27.520 --> 0:46:31.080
<v Speaker 2>openly racist, and you know, we still.

0:46:30.920 --> 0:46:31.640
<v Speaker 3>Wear the clothes.

0:46:31.760 --> 0:46:35.000
<v Speaker 2>So it's like you why not wear something that you

0:46:35.040 --> 0:46:38.839
<v Speaker 2>know is a it says something like all of our

0:46:38.880 --> 0:46:42.680
<v Speaker 2>clothes say something that you know is financially related and

0:46:42.760 --> 0:46:45.520
<v Speaker 2>also you know it's from the culture. So that's a

0:46:45.520 --> 0:46:48.040
<v Speaker 2>way to support. And then we're on tour. As I

0:46:48.080 --> 0:46:51.320
<v Speaker 2>mentioned previously, we we hit La was the first stop

0:46:51.360 --> 0:46:53.640
<v Speaker 2>we're doing like these network meeting greets. La was the

0:46:53.640 --> 0:46:56.560
<v Speaker 2>first stop, was crazy, and then we did Brooklyn. Brooklyn

0:46:56.680 --> 0:47:00.000
<v Speaker 2>was really crazy, and then Atlanta and Atlanta was even more.

0:47:00.760 --> 0:47:03.200
<v Speaker 2>So we're just going to keep the momentum going. I

0:47:03.200 --> 0:47:05.200
<v Speaker 2>think the next stop that we're going to do is Houston.

0:47:05.800 --> 0:47:09.040
<v Speaker 2>Shout out to Ashtown, so Acetown man, we need your

0:47:09.040 --> 0:47:11.640
<v Speaker 2>hoy to show your love. We announce that soon.

0:47:11.719 --> 0:47:13.200
<v Speaker 3>We try and make it to the ranch y'all, so

0:47:13.239 --> 0:47:14.600
<v Speaker 3>like y'all got to help us get there.

0:47:14.760 --> 0:47:17.879
<v Speaker 2>Jane Prince, what's up man? A little keykey, what's up,

0:47:17.920 --> 0:47:20.120
<v Speaker 2>don key? That's my guy. We got a lot of

0:47:20.160 --> 0:47:22.799
<v Speaker 2>good people that we connected with in Houston. So I've

0:47:22.880 --> 0:47:24.879
<v Speaker 2>never been to Texas, so I'm looking forward to going

0:47:24.880 --> 0:47:27.560
<v Speaker 2>to Houston for sure, and then we're probably through DMV

0:47:28.920 --> 0:47:31.600
<v Speaker 2>Philly too. But if you want us to come to

0:47:31.600 --> 0:47:33.440
<v Speaker 2>your city, I know Chicago. We're kind of on the

0:47:33.480 --> 0:47:35.040
<v Speaker 2>cusp with that. A lot of people have been hitting

0:47:35.080 --> 0:47:37.000
<v Speaker 2>us about Chicago, but let us know, let us know

0:47:37.239 --> 0:47:38.960
<v Speaker 2>where we need to go. And the purpose of these

0:47:38.960 --> 0:47:41.480
<v Speaker 2>networking events is just to bring people together and to

0:47:42.000 --> 0:47:44.480
<v Speaker 2>meet new people and meet us, meet some of the

0:47:44.719 --> 0:47:47.720
<v Speaker 2>EYO alumni, but more importantly, meet people in your city,

0:47:48.120 --> 0:47:51.799
<v Speaker 2>exchange information, discuss business ideas. You never know who your

0:47:51.800 --> 0:47:53.920
<v Speaker 2>next business partner might be, never know who you can

0:47:53.960 --> 0:47:56.680
<v Speaker 2>make money with by homework, through different things of that nature.

0:47:56.760 --> 0:48:01.080
<v Speaker 2>So relationships are very important. A lot of times we

0:48:01.120 --> 0:48:03.880
<v Speaker 2>don't fully understand that. So that's the whole point of

0:48:03.920 --> 0:48:07.439
<v Speaker 2>these network meeting Greece that we're doing. And my book

0:48:07.480 --> 0:48:10.240
<v Speaker 2>tip of the Week is Howard French is the author

0:48:10.400 --> 0:48:12.840
<v Speaker 2>and the name of the book is China's Second Continent.

0:48:13.320 --> 0:48:18.040
<v Speaker 2>It's about Africa, China's influence in Africa. Fitting since we've

0:48:18.080 --> 0:48:21.920
<v Speaker 2>talked about that, so that's a good book, highly suggested,

0:48:22.160 --> 0:48:25.520
<v Speaker 2>recommend it. So yes, thank you guys for rocking with us,

0:48:25.560 --> 0:48:26.640
<v Speaker 2>and we will see you next week.

0:48:26.680 --> 0:48:27.880
<v Speaker 3>Peace. Peace, Peace.

0:48:28.360 --> 0:48:32.000
<v Speaker 6>An illegal alien from Guatemala charged with raping a child

0:48:32.080 --> 0:48:35.880
<v Speaker 6>in Massachusetts. An MS thirteen gang member from El Salvador

0:48:36.120 --> 0:48:40.239
<v Speaker 6>accused of murdering a Texas man of Venezuelan charged with

0:48:40.320 --> 0:48:44.239
<v Speaker 6>filming and selling child pornography in Michigan. These are just

0:48:44.320 --> 0:48:48.080
<v Speaker 6>some of the heinous migrant criminals caught because of President

0:48:48.120 --> 0:48:51.640
<v Speaker 6>Donald J. Trump's leadership. I'm Christine Noman, the United States

0:48:51.719 --> 0:48:56.520
<v Speaker 6>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:48:56.520 --> 0:49:00.359
<v Speaker 6>crossings are at the lowest levels ever recorded, where one

0:49:00.440 --> 0:49:03.600
<v Speaker 6>hundred thousand illegal aliens have been arrested. If you are

0:49:03.680 --> 0:49:07.600
<v Speaker 6>here illegally, your next you will be fine nearly one

0:49:07.640 --> 0:49:12.200
<v Speaker 6>thousand dollars a day. Imprisoned and deported, you will never return.

0:49:12.520 --> 0:49:15.520
<v Speaker 6>But if you register using our CBP home app and

0:49:15.640 --> 0:49:18.960
<v Speaker 6>leave now, you could be allowed to return legally. Do

0:49:19.080 --> 0:49:24.200
<v Speaker 6>what's right. Leave now. Under President Trump, America's laws, border

0:49:24.400 --> 0:49:26.240
<v Speaker 6>and families will be protected.

0:49:26.320 --> 0:49:28.480
<v Speaker 3>Sponsored by the United States Department of Homeland Security,