Flash floods in Texas sweep have killed 70+ Texas, including dozens of children. Families are asking if warnings could have been delivered sooner. And the White House, fresh off a legislative victory, sets a deadline for trade deals.
Episode overview:
Bernard Laurendeau has a mission: to stop African business leaders from asking for "patient capital." The Ethiopian-French management consultant, now operating from Tokyo, believes this standard pitch fundamentally misunderstands how global investment works and fails African markets.
It's a contrarian stance from someone who's spent 15 years advising Fortune 50 clients and building institutions across three continents. After co-founding Arifpay, Ethiopia's first licensed Payment System Operator, and serving as senior advisor to Ethiopia's jobs creation commission, Laurendeau has repositioned himself in Japan's corporate heartland with Laurendeau & Associates and Enkopa Lab.
From his Tokyo base, Laurendeau delivers what he calls "execution horsepower" to both African governments and Japanese corporations seeking African market entry. His client portfolio spans Google and Cisco to UAE's Ministry of Finance, applying strategic frameworks honed at BNP Paribas to emerging market challenges.
Key insights:
- On financial sovereignty: Despite supporting fintech innovation, Laurendeau advocates fiercely for African countries maintaining control over their financial services infrastructure.
- On Japanese business culture: Japanese organisations bring uncompromising quality standards to everything—"there's no such thing as downgrading." Whilst this limits their market share compared to Chinese competitors offering multiple price points, it creates superior knowledge transfer opportunities for African partners.
- On data-driven decisions: Investors don't want to "think long-term"—they want confidence in their decisions. Laurendeau's experience with big data analytics in Silicon Valley informs his approach to providing real-time, actionable intelligence rather than outdated World Bank reports.
- On innovation vs infrastructure: African entrepreneurs risk becoming "lazy" by chasing trendy technologies whilst neglecting "boring" fundamentals
- On institutional building: African countries need people willing to do "Gov-preneurship": embedding with governments to build policies, institutions, and strategic frameworks. Most leaders are "lonely" and welcome diaspora expertise, contrary to corruption narratives.
- On execution over ideology: Management consulting in emerging markets requires output orientation, not retainer relationships. Clients want expert advice immediately, not consultant armies producing fancy acronyms and quadrant analyses.
Notable moments:
1. Why Laurendeau switched from mechanical and aerospace engineering (ENSTA France, Georgia Tech) to management consulting after realising security clearance barriers would limit his US career prospects
2. His observation that at Africa-focused investment conferences in Japan, "people were talking about Africa...with no Africans in the room"
3. Reflections on Arifpay achieving profitability and dividend distribution, proving African fintech could build sustainable, high-performing teams rapidly
4. His frank assessment that young Africans show more "thirst" for knowledge and change than their counterparts in developed economies, despite having fewer resources
The contrarian take:
Laurendeau's most provocative insight challenges the "patient capital" narrative that dominates African investment discourse. Rather than asking investors to adopt longer time horizons, he argues African markets should provide the confidence and data quality that enables rapid decision-making.
Image credit: Enkopa Lab
In the 5th century BC, the Greek world found itself in the middle of one of its greatest wars. This wasn’t one of their existential conflicts against the Persians; this was a war of Greeks against Greeks.
An alliance of city-states led by Athens fought a coalition led by Sparta for control of the Greek world.
Over nearly 30 years, the two city-states fought for supremacy, leaving a lasting impact on the Greek world.
Learn more about the Peloponnesian War, its causes, and its resolution on this episode of Everything Everywhere Daily.
Thanks for making The Daily Signal Podcast your trusted source for the day’s top news. Subscribe on your favorite podcast platform and never miss an episode.
While Israel and Hamas officials discuss a ceasefire via mediators in Qatar, a key meeting will take place at the White House today, when Israel’s prime minister talks to the US president. Why the Chinese Communist Party is removing alcohol from official events. And remembering John Robbins, who spurned his family’s ice-cream business to be a health campaigner.
The editors discuss conservatism’s big wins at the Supreme Court and America’s military and diplomatic ventures in the Middle East. Rusty Reno joins Julia Yost.
Join us on YouTube at pythonbytes.fm/live to be part of the audience. Usually Monday at 10am PT. Older video versions available there too.
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“The uv build backend is now stable, and considered ready for production use. An alternative to setuptools, hatchling, etc. for pure Python projects, with a focus on good defaults, user-friendly error messages, and performance. When used with uv, it's 10-35x faster.”
“(In a future release, we'll make this the default.)”
I believe it’s faster, but I agree with Brett Cannon in asking “What's being benchmarked? I'm not sure what a "backend sync" is referring to other than maybe installing the build back-end?”
Starting from Ruff version 0.11.13, most changes from Airflow 2 to Airflow 3 can be automated using AIR3. (It’s still in preview so a “—-preview” flag is needed)
Today I’m thrilled to announce a new partnership with Genocide Studies International. GSI is one of the preeminent journals in the field of Genocide Studies. Published by the University of Toronto Press and housed in the Zoryan Institute, GSI is dedicated to “to raising knowledge and awareness among scholars, policy makers, and civil society actors by providing a forum for the critical analysis of genocide, human rights, crimes against humanity, and related mass atrocities.”
With this new partnership, I’ll be bringing you interviews with the editors and authors of cutting-edge articles and special editions on the journal. This isn’t new—we’ve done this with several other journals before. But by formalizing our partnership, we hope you’ll have more access to the best recent research and analysis on the causes, course and consequences of mass atrocity violence. It’s a partnership that enriches both organizations.
In a few weeks, you’ll hear from Alex Alvarez, the editor of a new special issue on genocide education. But first I got a chance to talk with Henry Thierault, one of the editors of the journal, and Megan Reid, Deputy Executive Director of the Zoryan Institute. We discuss the editorial vision of the journal, the Zoryan Institute’s role in genocide education and prevention, and the reasons we’re so excited about the partnership. I hope you enjoy our discussion.
Kelly McFall is Professor of History and Director of the Honors Program at Newman University.
With July upon us and bad decision season (mercifully) over, Leah, Kate and Melissa take a step back to recap this year’s SCOTUS term. They highlight some of the overarching themes, break down the biggest opinions, and look back at the moments they’ll remember forever–whether they want to or not.