Ibrahim Sagna - Executive Chairman, Silverbacks Holdings
Ibrahim Sagna - Executive Chairman, Silverbacks Holdings
31 Oct 2024
In a discussion about Africa's potential, Ibrahim Sagna highlights the continent's young and fast-growing population, emphasizing its potential in sports, technology, entertainment, and media. He notes that Africa's narrative has been off, and Silverback Holdings aims to fix this by investing in high-growth companies. The focus is on leveraging technology to overcome national boundaries, allowing African talents to gain global recognition. Sagna mentions the significant role of the private sector in driving growth, as seen in the acquisition of a Nigerian music label by Universal Music Group. Silverbacks supports entrepreneurs by providing capital and amplifying their stories through media partnerships. The firm believes in speeding up the process of change by investing in promising companies. Sagnia also discusses the importance of governments in facilitating growth, though not as primary drivers. He shares success stories like the company Move, which expanded from Nigeria to multiple countries.