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The Meb Faber Show - Better Investing

Africa Startup Series – Dr. Abasi Ene-Obong, 54gene - There Really Hasn’t Been Human Genomics Infrastructure In Africa | #345

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7938 Ratings

🗓️ 30 August 2021

⏱️ 42 minutes

🧾️ Download transcript

Summary

In episode 345, we welcome our guest, Dr. Abasi Ene-Obong guest is the founder of 54gene, a company pioneering the inclusion of the African genome in research. In today’s episode, we’re talking about genetics. Less than 3% of genomic data represented in research is from African populations and Abasi is changing that. He walks us through the origin story of the company and the ins and outs of what it’s like to both gather and analyze genetic data. Then Abasi shares the process of partnering with pharmaceutical companies and what the long-term prospects of the company are. Please enjoy this episode with 54gene’s Abasi Ene-Obong. ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Join today and get access to quarterly CAPE ratios, an excel quant backtester and the entire research library. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Mebb Faver Show, where the focus is on helping you grow and preserve your wealth.

0:11.0

Join us as we discuss the craft of investing and

0:13.5

uncover new and profitable ideas all to help you grow wealthier and wiser.

0:17.2

Better investing starts here.

0:18.8

Met Faber is the co-founder and chief investment officer at Cambria Investment Management.

0:23.3

Did it industry regulations, he will not discuss any of Cambry's funds on this podcast.

0:27.2

All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion

0:31.1

of Cambria Investment Management or its affiliates.

0:33.4

For more information, visit Cambria Investments.com.

0:35.6

Today we have an episode in our Africa startup series.

0:42.2

If you look out the horizon in the next few decades

0:44.3

arguably no place in the world has more tailwinds in Africa and right now these startup

0:48.5

scene in Africa is on fire with amazing companies being founded fundraising records records being set, and M&A heating up.

0:55.2

We've already featured some of the top companies from Africa, like Rocketship Unicorn Chipper Cash and

1:00.3

smile identity, but in addition to these world-changing startups will also talk to those that are boots

1:05.0

on the ground investing and allocating across the continent to learn firsthand about why Africa

1:09.8

presents such a unique opportunity today.

1:16.5

American farmland is disappearing at an alarming rate. According to the USDA, the US has lost four acres of farmland per minute since 2000.

1:22.1

That's a landmass larger than the state of Florida,

1:24.7

lost a real estate development and soil burnout. All the while the demand for food,

1:29.5

especially healthy organic food, continues to rise as much as 13% annually in recent years.

1:36.0

Farmland LP is one of the largest investment funds in the US focused on the organic market,

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