The Impact Hub (Lagos) – one of the world’s largest networks building entrepreneurial communities for impact at scale – is excited to welcome the latest cohort of innovative startups to Nigeria, through the Validate.Global program! 🚀During their time in the country, these trailblazing ventures will be exploring new business and impact opportunities while the Hub facilitates engagement with key sector stakeholders and potential partners in order to accelerate their goal of making impact.The startups are: 1. NjordFrey (Kigali, Raanda): Providing sustainable tech-enabled farming solutions to empower smallholders for food and income security.2. MedShr: a secure medical education platform that enables…
Author: Admin
Yesterday, we presented MaaD, (read here), one of the mission-driven founders backed by the Ventures Platform Fund. And there’s more. Here’s a recap of some of of the Fund’s recent investments in companies building the future of Africa, through innovative market-creating solutions: 🇪🇬 Karcel (formerly known as Voom)Founders: Abobakr Elmashtoly, Mohammed KamelOn a mission to digitize used car transactions in Egypt, Karcel offers a secure platform for seamless transactions, advanced technical inspection procedures, a transparent online pricing system and financing options for both users and merchants. The company aims to be the go-to digital automotive platform, empowering individuals and businesses at any phase of their…
A post by Onyekachi Izukanne (Co-Founder, Trade Depot), in memory of Chidi Akubuiro (Managing Director of Operations at Trade Depot): Journey well, brother.With profound sorrow and deep gratitude, we celebrate the life of Chidi Akubuiro—a beloved colleague, a cherished friend, and an unparalleled leader. His legacy is intricately woven with threads of unwavering integrity, boundless warmth, and an unyielding commitment to excellence.Chidi joined TradeDepot in 2020 with a visionary approach, eager to transform and innovate within our industry. He was not merely filling a role; he was answering a deep calling. With a mission to reinvigorate every facet of our…
Jehiel Oliver (Founder & CEO, Hello Tractor) Hello Tractor (an award-winning diversified Agritech company focused on improving food and income security throughout sub-Saharan Africa) has congregated to wish its CEO, Jehiel Oliver, a resounding happy birthday! Yesterday, the company said, in a statement: For 10-years, Jehiel Oliver, our CEO, has been at the forefront of pioneering advancements in AgTech, mechanisation, and climate-smart agriculture.Today, as he celebrates his birthday, all of us at Hello Tractor join his family, friends, and all our partners to wish Jehiel a very Happy Birthday!Here’s to many more years of innovation and success! Hello Tractor facilitates…
Ham Serunjogi (Co-Founder & CEO, Chipper Cash) African payments infrastructure company, Chipper Cash, is pleased to announce an important partnership with Block (formerly known as Square), to expand the power of the tbDEX protocol across Africa. Block, Inc. (formerly Square, Inc.) is a financial technology company that owns Square. Jack Dorsey (former CEO of X (formerly Twitter), is the top individual shareholder, owning 10% of the company 📸 Eva Marie Uzcategui The tbDEX protocol is an open financial protocol that can move value anywhere around the world in a more efficient and cost-effective way than what is possible through traditional methods.…
The Ventures Platform fund is thrilled to announce its lead in the $3.2 million seed round investment in Maad, a tech and logistics platform transforming the retail landscape in Francophone Africa.Launched in 2021, the platform reduces the barriers to access and cost of delivering goods, aligning perfectly with the Fund’s thesis of backing market-creating innovations that solve for non-consumption. Kola AIna (Founding Partner, Ventures Platform Fund) Unsurprisingly, Maad has quickly become a key solution for informal retailers in Senegal, providing a one-stop shop for fast-moving consumer goods (FMCG). Says the Ventures Platform Fund: Their innovative approach connects small retailers directly…
At the 3i Africa Summit (R): Jones Amegbor (Founder & CEO, PayAngel) Multi-award winning high integrity payment service, PayAngel, is well represented at the ongoing 3i Africa Summit, taking place at the Accra International Conference Centre (AICC) in Ghana. The 3i Africa Summit is a platform of opportunity for shaping Africa’s future in FinTech, and stands on three pillars: Innovation, Impact, and Investment —each crucial in sculpting Africa’s future. Led at the Summit by CEO Jones Amegbor, the PayAngel team is demonstrating to visitors the multiple channels through which the company provides solutions for businesses and individuals. PayAngel services enable…
Executive Coach and Angel investor, Andy Ayim MBE (Founder, Open Angel) Andy Ayim MBE (Founder, Open Angel) is thrilled to share the launch of his company’s new product today. For clarity about the origins and working of Open Angel, Anyim says: 🌍 Open Angel is an open-source platform designed to equip aspiring angels with the tools, knowledge, and community they need to embark on their angel investing journey. We also have a Fundraising from Angels course for founders. 😇 We created it because over the last four years, through Angel Investing School, we have trained 600+ new angel investors who have invested…
Clinching the top spot: Deepankar Rustagi (Founder & CEO, OmniRetail) Recognised for its authority, integrity and accuracy, leading business and financial title, the Financial Times (FT) has released its 2024 ranking of 125 of Africa’s Fastest Growing Companies. Source: FinancialTimes In this third iteration of its now expanded, Nigeria, one of the continent’s three biggest economies, holds three of the top 10 spots, with OmniRetail (eCommerce), Moniepoint (Fintech, Financial Services & Insurance), and Afex Commodities Exchange (Nigeria’s first licensed private commodities exchange) in the first, fourth and fifth positions, respectively. Tosin Eniolorunda (Founder, Moniepoint): Moniepoint Inc. is ranked 4th place…
By Development Consultant, Alfred Ukane Agriculture in Nigeria is faced with so many challenges and sometimes it takes sweat, blood and losses to build a brand in the sector. In Agriculture, if you’re not offering value, then nobody will listen to you, not even farmers themselves and In my full time active years in the sector, I have seen alot of women create so much value in the sector.Today, I want to take out time to celebrate them. All the women contributing to food and nutrition security, Livelihood, climate change resilience and the entire Agro-Food Sector – Una Don try.Take…