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The Flip

The Flip

Uitgebracht: 2026-04-01
© 2023 The Flip
The Flip - QR Code
98 afleveringen
Audio
Luister in Apple Podcasts
98 afleveringen
Audio
Luister in Apple Podcasts
Uitgebracht: 2026-04-01
© 2023 The Flip
Meest recente aflevering
I Went to Nigeria to Explore How Global Trade Really Works

I Went to Nigeria to Explore How Global Trade Really Works

In Lagos' Computer Village, Nigeria's largest electronics market, everything is imported from China. But how merchants access dollars and pay their suppliers is a challenge. Nigeria imports $20 billion from China every year, yet dollar access problems
Tijd: 15:08
In Lagos' Computer Village, Nigeria's largest electronics market, everything is imported from China. But how merchants access dollars and pay their suppliers is a challenge.
Nigeria imports $20 billion from China every year, yet dollar access problems and legacy banking systems create friction for those doing global trade. 
So how do countries like Nigeria and China trade with each other?
In this episode, we head to Lagos, Nigeria, to see it firsthand - how money moves, and how new technologies like stablecoins are facilitating global trade.
In this episode of Money Trails, presented by Stellar Development Foundation.
Watch the full episode on YouTube.
00:00 - Inside Computer Village01:22 - Everything is imported from China02:32 - The Nigerian Economy03:56 - Importing phones with WeChat and Alipay05:18 - No one uses the banks for FX06:17 - Naira volatility, explained09:10 - Informal and parallel economies09:38 OTC Traders Fill the Gap11:21 - Are stablecoins the future of global trade?14:43 - Next stop: Syria
Our Links -🎥 YouTube - https://youtube.com/@thefliphq🐦 Twitter - https://twitter.com/thefliphq👥 LinkedIn - https://www.linkedin.com/company/thefliphq/📸 Instagram - https://instagram.com/thefliphq💻 Website - https://theflip.africa
Aflevering-ID: 1000758679811
GUID: bd1441d7-cb92-44bc-b86d-5fc0eb97af6b
Releasedatum: 1-4-2026 17:58:34

Beschrijving

The Flip is an editorial-style podcast exploring contextually relevant insights from entrepreneurs and investors changing the status quo in Africa. The name The Flip comes from the opportunity to flip the script – question some of the pervasive narratives on entrepreneurship, challenge the ubiquity of Silicon Valley thought leadership, and champion the entrepreneurs building a future inspired by Africa. Produced and hosted by Johannesburg-based entrepreneur and American expat Justin Norman. Sayo Folawiyo is the executive producer and b-mic.

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