American-born entrepreneur Daniel Yu’s most up-to-date enterprise is the Africa Jobs Fund, which seeks to spend money on firms that may create jobs at scale for Africans and lift incomes. It focuses on two areas: worldwide labour mobility and export manufacturing.
He beforehand based Wasoko, a multimillion-dollar firm that connects casual retailers in East Africa with suppliers of shopper items. After elevating $145 million and merging Wasoko with Egypt-based MaxAB in 2024, he stepped away from day-to-day involvement within the enterprise final 12 months.
Yu spoke to How we made it in Africa editor-in-chief Jaco Maritz in regards to the enterprise alternatives in serving to Africans discover work overseas and in exporting made-in-Africa merchandise. The dialog additionally touched on how he obtained Wasoko off the bottom, and his recommendation for younger individuals getting into in the present day’s AI-threatened jobs market.
