VC Law: Episode 29: Venture Capital in Africa with Davidson Oturu

43 Min Listen By: ABA Business Law Section

Host Gary J. Ross talks with Davidson Oturu, Fintech attorney and Managing Partner at Nubia Capital, a VC firm focused on tech startups in Africa. Davidson starts by discussing his experience drafting the Nigeria Startup Act. Gary and Davidson then talk about the use of Delaware C-corps by African startups, including conducting the “Delaware flip” and dealing with laws requiring local shareholders. Davidson covers exit options for African companies, and some of the differences he sees between VC in Africa and VC in the U.S. Davidson closes the episode by giving his thoughts on impact investing and the overall African market for investors.


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