# Ep 7: Ashley Cleveland: Africa Beyond South Africa

Page: https://stenobird.com/podcast/borders-conversations-on-global-south-capital-and-geopolitics-7872364/ep-7-ashley-cleveland-africa-beyond-south-africa
Text version: https://stenobird.com/podcast/borders-conversations-on-global-south-capital-and-geopolitics-7872364/ep-7-ashley-cleveland-africa-beyond-south-africa.md
Podcast: [Borders: Conversations on Global South Capital and Geopolitics](https://stenobird.com/podcast/borders-conversations-on-global-south-capital-and-geopolitics-7872364)
Published: 2026-06-17T14:30:00+00:00
Episode link: https://ad96190b-f614-4ba6-ac31-26ffbdc6d90b.libsyn.com/ashley-cleveland-africa-beyond-south-africa
Audio file: https://traffic.libsyn.com/secure/ad96190b-f614-4ba6-ac31-26ffbdc6d90b/Borders_Podcast_-_Ashley_Cleveland_-_Africa_Beyond_South_Africa_-_Revised.mp3?dest-id=5317560
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JSON: https://stenobird.com/v1/public/podcasts/borders-conversations-on-global-south-capital-and-geopolitics-7872364/episodes/ep-7-ashley-cleveland-africa-beyond-south-africa
Duration seconds: 3353

## Resource

Andrew Henderson sits down with investor and Africa-focused advisor Ashley Cleveland to explore why many investors still view Africa through the lens of South Africa, while some of the continent's most compelling opportunities are increasingly emerging in frontier markets. Ashley explains why long-term capital is shifting toward countries like Tanzania, Zambia, Zimbabwe, and Namibia, and why understanding Africa requires looking beyond familiar narratives. They discuss how Africa's relationship with the West is evolving as governments place greater emphasis on sovereignty, resource ownership, and long-term partnerships over extractive investment. Ashley explains why relationships remain the foundation of doing business across the continent, why Africa should be approached as a decades-long investment story rather than a short-term trade, and how younger leaders are reshaping policy around mining, agriculture, infrastructure, and economic development. Along the way, they explore the rise of BRICS influence, Bitcoin adoption, mobile banking, foreign land ownership, tourism, mining, and why Africa's growing consumer class is attracting increasing global attention. The conversation also examines why investors who focus only on political headlines often miss the structural changes transforming one of the world's youngest and fastest-growing regions. In this episode, Andrew and Ashley discuss: Why many investors stop at South Africa while frontier markets are increasingly attracting long-term capital. How Tanzania is emerging as one of East Africa's fastest-growing investment destinations through agriculture, tourism, manufacturing, and logistics. Why relationships, trust, and local partnerships remain the foundation of successful business across Africa. The shift from aid a…

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