I’ve sat in three seats. At Leadway Assurance I priced the risk, underwriting whether contractors and counterparties would deliver before a guarantee was issued. At Sycamore, which I co-founded, I took the risk, building a regulated financial services group and running its operations and finance for seven years. At Assetrica I record it: an independent, verifiable record of every mandate, so that institutional capital can move into African real assets on evidence rather than on trust alone. Each seat taught me what the next one needed. I also sit on the boards of Sycamore and Bedrock Residencies, and I speak and write for the institutions, builders and diaspora professionals deciding whether Africa is worth their capital and their careers.
Nigeria has leapfrogged before. It happened in telecommunications and in banking, and it’s beginning in energy as new refining capacity comes online. I remember when most Nigerians wouldn’t type their card details into anything online. Today nobody thinks twice, because trust was built into the system, and whole industries grew on top of it. I think the next one is happening in real assets: the housing, power, roads and farms the continent is physically made of, and the capital markets that will finance them. The money exists, at home and in the diaspora. What has been missing is a record that lets it move on evidence, and that is what is being built now.
The frontier market story has been told for twenty years. What’s different is that the infrastructure is finally being built, and it’s being built here. I don’t want Nigerians, Africans or the diaspora to watch it happen from the outside. If you’re working in the West, work hard, learn everything you can, and stay open to the moment when your experience is needed here. That moment is closer than it looks.
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