"Brother-in-law is too good, the Wakanda Fund, he can figure it out. ”

Wang Yiduo couldn't hold back her laughter, leaned over, and whispered in Zhao Erya's ear.

"I think it's good, Africa dreams of a Wakanda."

Zhao Erya knew that this was Zhang Yida's bad taste again, but she still quibbled for her boyfriend.

Onu covered his head and confirmed: "Is it the Wakanda in the Marvel movie Black Panther?"

Zhang Yida nodded, "Yes, Wakanda is the richest and most powerful country in the world, and I believe that African brothers will be able to realize this wish one day."

The Wakanda Fund invests in technology companies in Africa with the aim of helping Africans rise and become rich. ”

Onu nodded, saying this, I feel that the name of this fund is quite high, and at the same time, it will have a lot of popularity once it is established.

Is this not infringing?

Onu expressed his doubts.

Zhang Yida waved his hand, "It's all a small problem, we can go to Marvel to discuss it and get their authorization."

I'm sure they'll be happy to do it, and maybe they won't take the money, and it's a good opportunity to help them make a name for themselves. ”

Onu nodded, no longer bothering about the name of the fund, and began to care about the size of the fund.

"The first phase, tentatively $100 million"

Zhang Yida waved his hand, and the small target went out.

"This"

Onu stuttered a little, because he was too happy.

Zhang Yida thought that the other party was not very satisfied, and added: "Minister Onu, 100 million US dollars is not a lot, too much, and from the perspective of the African technology startup market, I can't afford it."

I invested 1.8 billion yuan to come in, which is not called venture capital, but mergers and acquisitions.

This is not the final number, and we will be able to add it as appropriate. ”

Aonu realized that he was a little out of shape, picked up the Moutai on the table with a smile on his face, filled it for himself, picked up the wine glass and said: "Come, Mr. Zhang, I would like to toast you and thank you for your long-lasting contribution to the friendship between China and Nepal." ”

Zhang Yida picked up his glass, clinked glasses with Onu, took a sip, and said with a smile: "If Nigeria can put more effort into its Internet infrastructure, I believe it will be able to attract more capital to come." ”

Onu nodded, this thing is easy to say, but it costs a lot of money to do, he has put forward bills many times in cabinet meetings, but he just has no money, which makes him very sad.

"By the way, Mr. Zhang, where do you plan to invest in the headquarters of the Wakanda Venture Capital Fund for the whole of Africa?"

Zhang Yida knew what Onu meant, and replied with a smile: "The investment is for the entire African market, but we plan to put the headquarters in Lagos.

Of course, branches will be established in South Africa, Kenya, Egypt and other countries. ”

As soon as they heard that the headquarters was located in Lagos, not only Onu, but even the governor next to him, Babajidesang Ulu, couldn't help but come over, saying that as long as the Wakanda fund landed in Lagos, they would definitely give the greatest support such as security and tax incentives.

Commerce Minister Idris Waziri also spoke, again with all kinds of support.

After a meal was eaten, the things that should be discussed were also discussed, and several Nepalese officials left happily.

Mr. Zhang had a private conversation with the two consuls in a hotel tea room.

"Mr. Zhang, you come to Africa to invest, I am personally very happy and supportive as the consul of Lagos, the country has not always called on private enterprises to go out of the brilliant achievements that Ruixiang has made in the ball, we are also obvious to all. ”

Chu Maoming, Consul General in Lagos, said, "However, we must strengthen the security of enterprises, especially Chinese employees." ”

Then, Consul Chu told Zhang Yida about the political situation and security environment on the African continent, especially Nigeria.

Vice Consul Guan Zhongqi gave a detailed introduction to Nigeria's business environment.

Zhang Yida felt that the two consuls were still very conscientious, although he had read all these situations through the information and letters collected by Chuanrui, but they were still willing to accompany you to talk about these things at night, and they had to admit this feeling.

"If you encounter any problems, you must let the staff come to the consulate, and the country is your most solid backing. ”

Before leaving, Chu Maoming told again.

Zhang Yida smiled and said: "Definitely, thank you for your concern." ”

After sending the two consuls away, Zhang Yida talked about things with Shen Beipeng and Xu Xiaoming in a lounge of the hotel.

"We still have to be cautious about investing in Africa"

Xu Xiaoming said with a smile, "This is not that I am afraid of any security risks with my old arms and legs, but that I am withdrawing." ”

After speaking, he looked at Shen Beipeng.

"Juia is known as Africa's Ahri Baba and is also Africa's first unicorn.

It was listed on the New York Stock Exchange in April, with a market capitalization of up to $4 billion.

However, last month, the company issued a short-selling report by the Tsara, accused of financial fraud, and its market value plummeted. ”

Shen Beipeng picked up the cup, took a sip of wine, and continued: "I don't know if you have seen the financial report, Juia's losses are very serious, and while the losses are expanding, the revenue growth is slowing down, which is a very bad signal." ”

Zhang Yida nodded in agreement.

As the first African technology company to go public in the United States, Juia is very typical and worthy of serious analysis.

Through the analysis of JUIA, many problems in the African tech startup market can be observed.

"Deutsche Rocket is a shareholder of Juia, and those brothers are very opportunistic. ”

Zhang Yida has dealt with Rocket Network and knows the style of the other party.

"Oh, I remember, when I came to Zaanda, didn't you join forces with them and put Ahri together. ”

Zhang Yida looked at Xu Xiaoming, shook his head, and said with a smile: "I didn't cheat anyone, they wanted to buy it themselves." ”

Shen Beipeng pinched his chin and said, "Juia's current situation does have a lot to do with the business style of Rocket Network.

Those guys like to follow the trend and make quick money, and they are all famous in the world.

However, putting aside the impact of Rocket Network on Juia, there are also many problems with the business ideas and direction of this company.

Their businesses include Juia Food, an online food delivery service, Juia Fights, a travel booking service, and Juia Deas, an advertising classified, as well as Juia Services, an e-commerce logistics infrastructure service consisting of a payment system and delivery services.

At present, they have entered 14 African countries, and the spread is very large. ”

Zhang Yida nodded, "This is true, the steps are too big, and it is normal for the eggs to be ripped off."

However, logistics and payment must be done, and if you don't do it, there is no way to support the development of e-commerce business. ”

Shen Beipeng smiled and said: "Then this kind of problem comes, in the final analysis, the infrastructure is too backward, and all wheels need to be built by themselves, which will cause huge pressure on the expansion of enterprises." ”

"Wait"

Zhang Yida said, "At present, the supporting start-ups are still developing too slowly, with an average financing of one or two million US dollars, and you want them to go to JUIA, which is already a unicorn and has entered 14 countries, is beyond its control." ”

Shen Beipeng sighed, "Yes, I just express a point of view, if you are determined to do this market, you must be patient."

The Internet foundation in Southeast Asia is stronger than that in Africa, and even so, the Internet companies in Southeast Asia are not profitable, let alone Africa.

These emerging markets may have to go through a bubble before they calm down.

You can't just cast the bait blindly, but you also have to be patient enough to catch a big fish in the end. ”

Zhang Yida smiled and nodded, worthy of being the king of venture capital, always so calm and rational.