Podcast

Welcome to the Full Scale Podcast, a podcast dedicated to having conversations around the startup ecosystem in the African continent.

The aim of the podcast is to inform, empower, and equip various stakeholders within the ecosystem, including founders, investors, advisors, and regulators, by providing valuable insights and understanding of the unique circumstances and opportunities for African startups.

The podcast is hosted by Timothy Mukiti (Founding and Managing Partner, Mukiti Advocates LLP), and Adrian Ntwatwa (Legal Consultant) both corporate lawyers with extensive experience in advising startups and investors in Africa. It offers perspectives and practical guidance tailored to the needs of the African startup community.

52 minutes
Episode 19 | Guest Episode: Sonia Kabra – Co-Founder and Director at BuuPass

Sonia Kabra is the Co-Founder and Director of BuuPass, a business that offers hassle-free booking solutions for buses, trains, and flights across East Africa. 

Under the leadership of Sonia and her Co-Founder (Wyclife Omondi), BuuPass secured $1 million in funding through the Hult Prize award supported by President Bill Clinton, as well as funding from world-renowned venture capitalist, Tim Draper.

Join in the conversation to hear more about BuuPass and Sonia’s journey as a founder, from the initial idea, to pivoting, surviving Covid-19, fundraising and scaling, and much more. 

1h 7m
Episode 18 | Guest Episode: Kevin Kamau - Founder and Managing Director of Tukalime

In this episode, Kevin Kamau, the Founder and Managing Director of Tukalime shares his entrepreneurship journey in agribusiness.

Tukalime is an agribusiness company that offers farm management services to individuals, groups and other agri-based processors/companies. Tukalime handles the whole value chain, from production to market.  Their mission is to create wealth through agriculture, one individual at a time.

From the inception of the idea, to fundraising, scaling, navigating business challenges and the opportunities for growth. Tune in for more.

57 minutes
Episode 17 | Corporate Governance: Part II - Practical Implementation

In this episode, Timothy Mukiti and Adrian Ntwatwa discuss practical ways of implementing corporate governance in your business. This includes adopting the right incorporation structure, building a strong board, enhancing financial transparency, and having a clear decision-making structure, among others.

 

56 minutes
Episode 16 | Corporate Governance: Part I

What is corporate governance, and why is it important? In this episode, Timothy Mukiti and Adrian Ntwatwa discuss corporate governance, what it is, the pillars and principles of corporate governance, benefits of corporate governance, and some examples of bad corporate governance practices.

57 minutes
Episode 15 | Guest Episode: Collins Muriuki Co-Founder and CEO of Terra

Collins Muriuki, the Co-Founder and CEO of Terra, a business that empowers companies with digital solutions that accelerate their growth.

In 2023, Collins was ranked among the top 40 Kenyans under the age of forty, and in 2024, he was selected as one of the Top 50 entrepreneurs in Africa by the Africa Business Heroes.

In this episode, Collins shares his journey building a fintech business in Africa. From the inception of the idea, to taking the first step, navigating challenges, pivoting, resilience and much more.

59 minutes
Episode 14 | Deconstructing the Deal: Nala's US$ 40M Series A Funding Round

In this episode, Timothy Mukiti and Adrian Ntwatwa deconstruct Nala’s US$ 40 million Series A funding round, which was led by the San Francisco-based Acrew Capital. The fundraising round was one of the one of the largest Series A transactions in Africa.

In highlighting the deal, Timothy and Adrian trace Nala’s journey, its founder, it’s previous funding rounds, and its business ambitions, among others.

38 minutes
Episode 13 | Recap of Startup Investment Activity in 2024 So Far

The funding activity in the African continent for the first half of 2024 was considered relatively muted. Despite this, African startups surpassed the US$1 billion mark of the funds raised by July, buoyed by an encouraging combined US$ 420 million raised in July.

Join Timothy Mukiti and Adrian Ntwatwa as they review the investment activity in the African startups in the first half of 2024, the sectors that took the lion’s share of the funds, and what it means for the startup ecosystem in the continent.

1h 19m
Episode 12 | Legal Due Diligence Reviews

More often than not, your business will encounter legal due diligence reviews as you scale, undertake a merger, or seek capital from investors. So, what are legal due diligence reviews and what do they mean?

Join Timothy Mukiti and Adrian Ntwatwa as they take you through the nuts and bolts of legal due diligence reviews, including preparing for reviews, conducting reviews, reporting, mitigating risks, and much more.

1h 4m
Episode 11 | Due Diligence Reviews - Part I

In this first in a series of two episodes, Timothy Mukiti and Adrian Ntwatwa introduce due diligence reviews to you. From the what, why, when, who, where and how of due diligence reviews, to the opportunities associated with due diligence reviews.

1h 19m
Episode 10 | Reflecting on Season 1 of the Full Scale Podcast

Season 1 of the Full Scale Podcast has come to a successful close! So, how has the experience been, what lessons have we picked along the way, and what is next for the podcast?

Join Timothy Mukiti and Adrian Ntwatwa as they do a recap of season 1 of the podcast, including the good, the great, and the not so good.

1h 17m
Episode 9 | Deconstructing the Deal: Uber’s US$100 million investment in Moove

Moove, a mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, raised $100 million in a Series B funding round, led by Uber, at the beginning of the year 2024.

In this episode, Timothy Mukiti and Adrian Ntwatwa take a deep dive into the journey of Moove, from its humble beginnings to its recent groundbreaking deal with Uber, uncovering the key stages of its growth and map its journey bring to life concepts discussed in episodes 1 through 8 of this podcast.

1h 33m
Episode 8 | Who Funds Startups? A Deep Dive into Different Types of Investors

Curious about who funds startups? Join Timothy Mukiti and Adrian Ntwatwa in this episode of the Full Scale Podcast, as they discuss the people and institutions that provide the much needed capital to startups.

From friends, family and fools, through to angel investors, to institutional investors such as venture capital funds and private equity funds, and much more.

1h 14m
Episode 7 | Incubators, Accelerators and Venture Builders

Incubators, accelerators and venture builders play a critical role in enabling the growth and success of startups. But what are these entities really, and what are the differences in the manner in which they operate?

Join Timothy Mukiti and Adrian Ntwatwa as they discuss these crucial startup enablers, what they do, how they do it, and which of the three would be ideal for your startup.

1h 38m
Episode 6 | Essential Agreements in the Startup Journey

As a startup grows, there are key agreements that form part of its journey and growth. This is especially so depending on whether a startup is fundraising, and whether it is fundraising at pre-seed, seed or at Series A, B, C, etc.

From simple agreements for future equity (SAFEs) to convertible loan agreements, side letters and shareholders agreements, and much more; please join in the conversation for more.

Episode 6 | Essential Agreements in the Startup Journey
1h 10m
Episode 5 | Funding for a Startup: Priced Rounds, SAFEs, and Convertible Notes

As a startup grows, there are key agreements that form part of its journey and growth. This is especially so depending on whether a startup is fundraising, and whether it is fundraising at pre-seed, seed or at Series A, B, C, etc.

From simple agreements for future equity (SAFEs) to convertible loan agreements, side letters and shareholders agreements, and much more; please join in the conversation for more.

1h 13m
Episode 4 | Fundraising For a Startup: From Bootstrapping to Exit

What does the fundraising journey for startup ordinarily look like? Join Timothy Mukiti and Adrian Ntwatwa as they discuss the fundraising journey for startup, from bootstrapping, raising funds from friends, family and fools, angel investors, venture capital funds, and private equity funds, among others.

56m
Episode 3 | Structuring Your Startup for Success: From Idea to Incorporation

What is the best structure for a start up? Is it a limited liability company, a company limited by guarantee, a partnership, or any other incorporation structure?

What about the jurisdiction of incorporation, does it really matter? Join Timothy Mukiti and Adrian Ntwatwa in this episode for more insights.

51 minutes
Episode 2 | What is a start up? Who is a Founder?

Is any entrepreneurial venture a startup, and is every entrepreneur a founder?

Since this podcast shall be dedicated to having conversations around the startup ecosystem in Africa, from incorporation, to fundraising, to regulatory compliance, to scaling up (going full scale) and exits (and everything in between); it is perhaps important to start by addressing what a startup is, and who a founder is.

Join Timothy Mukiti and Adrian Ntwatwa on this episode to find out more.

46 minutes
Episode 1 | Introducing the Full Scale Podcast

Welcome to the Full Scale Podcast. A podcast dedicated to discussing the startup ecosystem in the African continent.

Its aim is to inform, empower, and equip various stakeholders within the ecosystem, including founders, investors, advisors, and regulators, by providing valuable insights and understanding of the unique circumstances and opportunities for African startups.

The Podcast is hosted by two corporate lawyers with extensive experience in advising startups and investors in Africa. Tune in to our inaugural episode to find out more.