#8. Reliance Jio - How India's largest company enabled a mobile revolution & how Africa can also have a "Jio Moment"
July 26, 2020
8
00:58:43134.4 MB

#8. Reliance Jio - How India's largest company enabled a mobile revolution & how Africa can also have a "Jio Moment"

Overview: Today we’re going to talk about the potential for a Reliance Jio moment in Africa. We'll start with some context of the Reliance parent group, its telco subsidiary - Reliance Jio (& its digital services subsidiary Jio Platforms) & their impact on India. Then we'll end by discussing ways Africa can also have a Reliance Jio moment. This episode was recorded on July 26, 2020.

Companies discussed: Reliance group, Reliance Jio / Jio Platforms, Dangote Group, Remgro, Transcorp, Naspers, Safaricom / Vodacom, Transsion, América Móvil & MTN

Business concepts discussed: India Tech, vertical integration, Low pricing strategy, import substitution, Industrialization, debt financing & equity fund raising

 

Conversation highlights:

  • (00:33) - Why the Reliance Jio story is important to Africa
  • (02:29) - Background on Reliance parent group - founding & IPO
  • (03:50) - Reliance backward integration & expansion
  • (07:20) - Similarities to African conglomerates
  • (11:04) - Starting Reliance Jio Telecoms
  • (13:17) - Jio impact on competition, Indian economy & consumers
  • (18:55) - Jio 2020 fundraising
  • (24:24) - How can we have a "Jio moment" in Africa?
  • (25:47) - Western Africa candidates to create a Jio moment
  • (28:27) - Southern Africa candidates to create a Jio moment
  • (35:27) - Eastern Africa candidates to create a Jio moment
  • (37:00) - African governments or Non-African candidates to create a Jio moment
  • (42:13) - Bankole’s overall thoughts & outlook
  • (46:26) - Olumide’s overall thoughts & outlook
  • (50:30) - Bankole’s recommendation & small wins
  • (54:18) - Olumide’s recommendation & small wins

 

Olumide’s recommendations & small wins:

 

Bankole’s recommendations & small wins:

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