Podcast Episode Details

Episode 206 - Africa Growing Faster Than China: $600M Fund Manager's Thesis | Richard Okello

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Episode 206

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Join host Richard Cunningham as he sits down with Richard Okello, founder and managing partner of Sango Capital, at the 10th Anniversary Lions Den in Dallas, Texas. Richard shares his remarkable journey from a chicken arbitrage business in Uganda at age 12 to becoming a partner at Bridgewater Associates and ultimately founding one of Africa's premier institutional-grade investment firms.

This episode explores the compelling investment thesis for Africa, the evolution of risk perceptions, and why faith-driven investors should seriously consider African markets for both commercial returns and kingdom impact.

Key Investment Topics:

• Africa's growth trajectory now matching China's economic expansion
• Currency stabilization across major African economies for the first time in history
• Private equity opportunities in a market with 35 years of institutional development
• The critical minerals opportunity beyond traditional gold and platinum
• Why African political risk perceptions are 10-15 years outdated

Powerful Quotes: "Africa today provides an opportunity for commercial returns which the faith driven investor is interested in and high level of impact with variety." - Richard Okello

"I think a faith driven investor needs to lock in on what they are called to do with the money that they are entrusted with." - Richard Okello

Richard's story demonstrates how God orchestrates divine appointments—from a scholarship opportunity through a friend's sacrifice, to meeting a dean of admissions in Wales, to joining Bridgewater the only year they recruited three-year graduates. Now managing nearly $600 million in assets, Sango Capital focuses on private equity, venture capital, and private credit across select African markets, delivering institutional-grade returns while driving meaningful economic transformation across the continent.

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Published on 12 hours ago