AI News – Africa

In this episode of the Africans in Tech Podcast, we sit down with Abraham Kromah, Partner at Wayve Capital, live from the Techgiving Summit at Nationals Park.

Abraham shares his incredible journey from growing up in the Liberian community of Staten Island to playing linebacker at Duke University and professionally in the CFL. He breaks down how the “pivot” mindset learned on the football field became his greatest asset in the world of asset management and growth equity.

We dive deep into:

The transition from professional sports to commercial real estate and venture capital.

Why math is the most important transferable skill for any student or entrepreneur.

Wayve Capital’s thesis on AI as “Internet 2.0” and their research trip to Taiwan.

What Abraham looks for in a tech founder before cutting a check.

The importance of proximity and relationships in the investment world.

Follow Abraham Kromah:

Instagram: @Abe.Kromah

LinkedIn: Abraham Kromah

Timestamps
0:00 – Thinking outside the box: The founder’s gap.

1:30 – Welcome to Africans in Tech live at the Techgiving Summit.

2:50 – Abraham’s roots: Liberia to Staten Island.

4:00 – From Duke Football to the Investment Space.

6:25 – Early sports days and moving to Georgia.

8:55 – The “Little Liberia” community in Staten Island.

10:15 – Playing Linebacker at Duke & majoring in Sociology.

12:30 – Growing up with an entrepreneurial grandmother.

14:00 – The mindset of an only child in an African household.

16:45 – Cutting class for MTV’s TRL in Manhattan.

19:40 – Family life and the decision to have two kids.

22:15 – Transitioning from Duke to the CFL and NFL mini-camp.

27:40 – Life after football: Construction, Mortgages, and Real Estate.

31:10 – The role of a supportive partner during career pivots.

34:30 – Meeting his partners and forming Wave Capital.

36:30 – The power of proximity: Hanging out with “Wall Streeters.”

40:30 – Why Math is the ultimate transferable skill.

42:20 – Why athletes make the best engineers and founders.

44:30 – The meaning behind the name “Wayve Capital.”

46:10 – Growth Equity vs. Venture Capital: What’s the difference?

47:35 – 4 Key things tech products need to stand out to investors.

51:20 – Investing in AI Infrastructure and the Taiwan research trip.

53:15 – How to spot a “GPT Wrapper” vs. a real business.

55:45 – Identity: Being more than just your job title.

1:00:25 – The intake process for high-net-worth investors.

1:02:00 – How to connect with Abraham Kroma.

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He walked away from a six-figure investment banking salary to build in Africa. His grandfather was one of the first Africans at Harvard Law in the 1960s, then was assassinated during Eritrea’s civil war. His father fled as a political refugee. Now, Yacob Berhane is building the infrastructure for Africa’s next generation of founders.
We unpack:
• Why good African startups “died on the vine” during the funding winter
• The real reason African founders struggle to raise Series A
• How AI will create millions of jobs in Africa
• Building Quill: an agentic AI note-taker that’s quietly raised $5M+
• Why taste and discernment matter more than technical skills in the AI era
• The 48-month countdown to a “step function change” in AI
• Why builders need to stop being silent while “noise makers” fill the void

📍 YACOB BERHANE
Instagram:https://www.instagram.com/y_berhane?igsh=NTc4MTIwNjQ2YQ%3D%3D&utm_source=qr
Twitter:https://x.com/YacobBerhane
Linkedin:https://ke.linkedin.com/in/yacob-berhane-38981541

Afropolitan
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TIMESTAMPS
0:00 Intro
2:04 What does it take to build in Africa?
5:16 Yacob’s origin story: Harvard Law grandfather, assassination, refugee father
7:13 “Life is very finite” – choosing Africa after loss
8:08 The Flutterwave connection (OluBenga in the first accelerator)
9:26 The 2014 founder vintage and startup cycles
10:07 Why African startups died: macros, currency collapse, AI boom
13:47 Building Parity: solving the asymmetry of knowledge
18:28 Africa’s 8 million job deficit
20:18 The fundraising paradox: pre-revenue vs. in-review
22:19 Default to live explained
25:34 Africa’s AI opportunity: human capital advantage
31:05 Technology won’t wait for Africa
33:25 Creativity and storytelling as leverage
37:11 The return of analog experiences
41:44 Yacob’s AI journey and building Quill
47:07 Taste, discernment, and judgment in the AI era
48:55 The $140K prototype now costs $20
52:12 The layoff reckoning: AI replacing white-collar jobs
55:04 48 months to step-function change
57:29 Robots, solar, and the future of labor
1:02:53 “You have to be an owner of something”
1:14:07 Building quietly: why they haven’t announced the raise
1:19:27 Builders vs. noise makers
1:23:38 Grandmother’s letter: seek wisdom from people who love you
1:29:43 Rapid fire questions
1:30:20 Bible verse: “Arise, shine for your light has come”
1:30:52 Best city for African founders
1:32:03 Book recommendation: The Alchemist
1:33:50 “The universe meets you at your level of faith, not fear”
1:34:03 Who should be in that chair next? Acha Leke