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Reçu aujourd’hui — 24 avril 2026
  • ✇TechCabal
  • Quick Fire 🔥 with Kolawole Bekes
    Kolawole Bekes is a Database Administrator, Database Reliability Engineer, and DevOps Engineer with over a decade of experience spanning multiple industries. He holds a Bachelor’s degree in Mathematics from the University of Abuja. Following his relocation to the United States in 2015 and subsequently to Canada in 2017, he has built a career working with organisations such as Microsoft, AppDirect, WorkJam, Sunwing Airlines, Agio, and Big Fish Games.  He is also
     

Quick Fire 🔥 with Kolawole Bekes

24 avril 2026 à 06:12

Kolawole Bekes is a Database Administrator, Database Reliability Engineer, and DevOps Engineer with over a decade of experience spanning multiple industries. He holds a Bachelor’s degree in Mathematics from the University of Abuja. Following his relocation to the United States in 2015 and subsequently to Canada in 2017, he has built a career working with organisations such as Microsoft, AppDirect, WorkJam, Sunwing Airlines, Agio, and Big Fish Games. 

He is also the founder and chief executive officer of WakaMi, an on-demand errand service platform focused on delivering reliable and efficient errand solutions to Nigerians both locally and in the diaspora.

  • Explain what you do to a 5-year-old.

Once upon a time, there was a big fruit garden where fruits kept falling everywhere—apples here, bananas there, and oranges rolling all over the ground. Nobody could find what they wanted.

So I became the helper of the garden. I picked up all the fruits and put them into the right baskets; apples in one basket, bananas in another, and oranges in their own place.

I also made sure the fruits stayed fresh and safe. Whenever someone came looking for a fruit, I could quickly say, “I know exactly where it is,” and give it to them right away.

My job is to keep everything neat, safe, and easy to find, just like the fruit baskets in the garden.

  • How did you become a Database Administrator?

I became a Database Administrator as part of a deliberate effort to improve my earning potential and build a more reliable career path. I joined a community of IT professionals in North America, where I was exposed to new ideas and opportunities. 

Through that network, I discovered and enrolled in a bootcamp, completed several training sessions, and gained hands-on experience. I then applied to multiple roles, and eventually secured an opportunity that marked the beginning of my career as a Database Administrator.

  • What is the easiest and most difficult part about your job?

The easiest part of my job is when systems are well-structured and everything is running smoothly. Tasks like monitoring, backups, and routine maintenance become very straightforward.

The most difficult part is handling unexpected issues, like performance bottlenecks or outages, especially under time pressure. But that’s also the most rewarding part, because it challenges me to think critically, troubleshoot quickly, and ensure systems are restored with minimal impact.

  • If your job had a warning label, what would it say?

Warning: Unexpected issues may occur at any time. Requires patience, quick thinking, and a strong relationship with coffee.

  • What’s one real-world incident where your database decisions directly saved (or cost) a company big time?

Early in my career, I was involved in a deployment where a change was made directly in production without a proper rollback plan. Unfortunately, it caused a temporary disruption to a critical service.

Although we resolved it quickly, it highlighted the importance of change management. From that point on, I enforced stricter deployment processes introducing staging validation, rollback strategies, and better communication.

It significantly reduced risk for us in future deployments, critical because it now shapes how I approach database changes today.

  • As a first-time founder living abroad, what is the hardest part about building a startup for a market where you’re not physically present? How do you deal with this?

One of the hardest parts of building a startup remotely while living in Canada and operating in Nigeria is maintaining strong team alignment and accountability when you are not physically present day to day.

Early on, I experienced challenges with staff management, particularly around consistency, ownership, and productivity. Some team members struggled with structure, and it became clear that the issue was not just about effort. It was about clarity, expectations, and systems.

To address this, I shifted my approach in a few ways. First, I implemented clear performance metrics and deliverables so everyone understands exactly what success looks like. Second, I introduced regular check-ins and reporting structures to improve visibility. Third, I focused more on hiring for accountability and cultural fit, not just technical skills.

I also make it a point to spend time in Nigeria periodically, which helps reinforce relationships, build trust, and reset expectations with the team.

Overall, the experience taught me that managing a remote team, especially across different environments, requires intentional structure, strong communication, and the right people in place. Once those are aligned, performance improves significantly.

  • What’s the vision behind WakaMi and why do you think a marketplace for managed services can scale in Nigeria?

The vision behind WakaMi came from a personal experience. While living in Canada, I needed someone to handle an errand for me in Nigeria. I tried finding help online, but unfortunately, I had a bad experience where I lost money.

That led me to dig deeper, and I realised this was not just my problem. Many people, especially those in the diaspora, face the same challenge. There is no reliable, structured way to get trusted services done remotely in Nigeria.

WakaMi was built to solve that. It is an on-demand managed services marketplace that connects people who need errands or services done with verified service providers. It also provides oversight by tracking progress and only releasing payment once the task is completed and confirmed.

I believe it can scale in Nigeria because it addresses a real and growing problem. As more Nigerians live and work abroad, and as urban life becomes busier locally, the demand for trusted on-demand services will continue to increase.

What makes it scalable is the combination of trust, structure, and technology, bringing accountability into an otherwise informal market. Once you solve trust at scale in a service marketplace, growth becomes a natural outcome.

👨🏿‍🚀TechCabal Daily – Ethiopia is Awash with shares

24 avril 2026 à 06:11

TGIF. ☀

Put a finger down if you experienced poor service with Nigerian telecom operators between November 2025 and January 2026.

The Nigerian Communications Commission (NCC), the country’s telecoms regulator, has said that subscribers will receive airtime refunds as compensation for poor service experienced within the said time.

In other news, Nigeria’s elections have a retention problem. A new Zikoko Citizen report predicts what participation in the 2027 election might look like, drawing on trends from previous cycles, and explores what could bring about a massive turnaround.

Read the full report here.

— Yemi

today's edition image

FEATURES

Quick Fire 🔥 with Kolawole Bekes

Kolawole Bekes, Database Administrator founder/CEO, WakaMi.

Kolawole Bekes is a Database Administrator, Database Reliability Engineer, and DevOps Engineer with over a decade of experience spanning multiple industries. He holds a Bachelor’s degree in Mathematics from the University of Abuja. Following his relocation to the United States in 2015 and subsequently to Canada in 2017, he has built a career working with organisations such as Microsoft, AppDirect, WorkJam, Sunwing Airlines, Agio, and Big Fish Games. 

He is also the founder and chief executive officer of WakaMi, an on-demand errand service platform focused on delivering reliable and efficient errand solutions to Nigerians both locally and in the diaspora.

  • Explain what you do to a 5-year-old.

Once upon a time, there was a big fruit garden where fruits kept falling everywhere—apples here, bananas there, and oranges rolling all over the ground. Nobody could find what they wanted.

So I became the helper of the garden. I picked up all the fruits and put them into the right baskets; apples in one basket, bananas in another, and oranges in their own place. My job is to keep everything neat, safe, and easy to find, just like the fruit baskets in the garden.

  • How did you become a Database Administrator?

I became a Database Administrator as part of a deliberate effort to improve my earning potential and build a more reliable career path. I joined a community of IT professionals in North America, where I was exposed to new ideas and opportunities. 

Through that network, I discovered and enrolled in a bootcamp, completed several training sessions, and gained hands-on experience. I then applied to multiple roles, and eventually secured an opportunity that marked the beginning of my career as a Database Administrator.

  • If your job had a warning label, what would it say?

Warning: Unexpected issues may occur at any time. Requires patience, quick thinking, and a strong relationship with coffee.

  • What’s the vision behind WakaMi and why do you think a marketplace for managed services can scale in Nigeria?

The vision behind WakaMi came from a personal experience. While living in Canada, I needed someone to handle an errand for me in Nigeria. I tried finding help online, but unfortunately, I had a bad experience where I lost money.

That led me to dig deeper, and I realised this was not just my problem. Many people, especially those in the diaspora, face the same challenge. There is no reliable, structured way to get trusted services done remotely in Nigeria.

I believe it can scale in Nigeria because it addresses a real and growing problem. As more Nigerians live and work abroad, and as urban life becomes busier locally, the demand for trusted on-demand services will continue to increase.

20+ Markets. One API.

Fincra connects your business to Africa’s payment rails without building market by market. For collection, payout, FX, and settlement through a single integration. See what this means for your business.

BANKING

Ethiopia’s second-largest commercial bank has listed on the country’s stock market

Image Source: Tenor

Awash Bank, Ethiopia’s second-largest commercial bank by assets—and largest privately-owned lender—has listed on the Ethiopian Stock Exchange (ESX), the country’s stock exchange. Launched in 2025, the ESX brought the total number of stock exchanges in Africa to 30 at the time. Awash’s listing is only the third since that launch.

State of play: Awash Bank listed 37.9 million shares by introduction, out of the 54 million which it previously registered with the Ethiopian Capital Market Authority (ECMA), the country’s capital markets regulator, in March.

The listing allows Awash to provide liquidity for its existing shareholders, while diversifying its shareholder base. The listing by introduction method is typically used by companies that have listed on other stock exchanges or have recently raised capital.

In Awash’s case, the bank previously raised its paid-up capital in 2022 to ETB 55 billion (about $1 billion), a few months after Ethiopia opened up its banking sector to foreign investors.

Why this matters: Awash Bank serves over 15 million customers, runs nearly 1,000 branches, and reported a record profit of ETB 25.67 billion ($163.9 million) last year. When a company of that size goes public, investors now have a heavyweight stock to trade. It also signals confidence. If a market leader is willing to show up, others are more likely to follow.

What happens next: Awash is only the third listing on the ESX, but it likely won’t be alone for long. Other major banks are already lining up to join, with more listings expected before mid-2026. 

Apply to Africa’s Business Heroes

Africa’s Business Heroes is calling Africa’s boldest entrepreneurs, shaping the future today. If you’re building a high-impact business, this is your moment. Apply for a chance to win a share of the $1.5M prize pool, plus mentorship and access to a powerful pan-African network. Applications close April 28. Start your journey now.

GOVERNMENT

South Africa plans a 3-year reset for its troubled State IT Agency

Image source: TechCentral

South Africa’s Department of Communications & Digital Technologies, the government agency that regulates broadcasting and communications services, has put down a three-year plan to fix the State Information Technology Agency (SITA), the state-owned IT company responsible for managing IT resources for the government. 

Why does it need a reset? If SITA were graded for its performance, it was doing very badly. In the 2024/2025 fiscal year, in its audit, the communications regulator found that the IT agency failed to deliver R12. 1 billion ($729 million) worth of projects. The operator was struggling to function properly; a lack of staff and leadership gaps stalled multiple projects.

Now, the regulator wants to make sure SITA has no excuses in the coming fiscal year.

Rebuilding it brick by brick: The restructuring will happen in three phases. First, SITA mustdefine the problem, then diagnose what happened before designing a new framework for its operation. The third phase is a consultation with stakeholders, and then a final draft of the new business model will be presented.

Planning is the easy part: This is not the first attempt to rejig the agency. Those plans were among the institutional reform priorities for the year ended 2025. So this plan is less about what needs to be done (they already know that) and more about whether it can actually be done this time.

TECHCABAL 4.0

In March 2013, TechCabal published its first article. Thousands of stories later, the work continues, and today, it goes deeper.

TechCabal has always been free. That’s not changing.

We’ve opened a new layer. Reporting that goes further, built on sources you won’t find anywhere else, and told in ways we haven’t tried before. You’re among the first to see it.

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Click the button below to see what TechCabal 4.0 looks like and what it means for you.

Insights

Funding Tracker

Image Source: Success Sotonwa, TechCabal Insights

AI Diagnostics, a South African healthtech startup, raised 5.2 million in a funding round led by The Steele Foundation for Hope, with participation from the iFSP Group, Global Innovation Fund, and angel investors. (Apr 17)

Here are the other deals for the week:

  • BFree, a Nigerian fintech startup, raised $3.1 million in debt funding from undisclosed investors. (Apr 21)
  • Sinai.ai, an Egyptian edtech startup, raised $1.5 million in a pre-seed funding round led by KAUST Innovation Ventures and DisrupTech Ventures, with participation from Maza Ventures, YOUXEL Ventures, and several angel investors. (Apr 21)
  • INVIA, an Egyptian fintech startup, raised $1.2 million in seed funding from angel investors and strategic backers. (Apr 21)
  • Swoop, an Eswatini food delivery startup, raised $7.3 million in seed funding from Silicon Valley investors including Long Journey, Variant, Version One, Dune Ventures, Soma Capital, and Zero Knowledge Ventures. (Apr 23)

Follow us on Twitter, Instagram, and LinkedIn for more funding announcements. Before you go, how much did African tech raise at the end of Q1 2026? Find out here.

CRYPTO TRACKER

The World Wide Web3

Source:

CoinMarketCap logo

Coin Name

Current Value

Day

Month

Bitcoin $77,596

– 0.51%

+ 9.08%

Ether $2,304

– 1.96%

+ 6.11%

XRP $1.42

+ 0.60%

+ 0.53%

Solana $85.39

– 0.73%

– 7.58%

* Data as of 06.22 AM WAT, April 24, 2026.

JOB OPENINGS

There are more jobs on TechCabal’s job board. If you have job opportunities to share, please submit them at bit.ly/tcxjobs.

in other news image

Written by: Success Sotonwa, Emmanuel Nwosu and Opeyemi Kareem

Edited by: Emmanuel Nwosu and Ganiu Oloruntade

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P:S If you’re often missing TC Daily in your inbox, check your Promotions folder and move any edition of TC Daily from “Promotions” to your “Main” or “Primary” folder and TC Daily will always come to you.

Email Us
  • ✇TechCabal
  • Kenya’s M-TIBA refunds users after shutting health savings wallet
    M-TIBA, a mobile health platform run by Kenya-based healthtech startup CarePay, is shutting down its My Health Funds (MHF) wallet that lets customers set aside money specifically for healthcare. On April 8, users began receiving refunds directly into their M-PESA wallets without initiating withdrawals, indicating payouts are already underway. Five M-TIBA users confirmed to TechCabal that they had received the funds. The decision marks a shift in M-TIBA’s model, from a co
     

Kenya’s M-TIBA refunds users after shutting health savings wallet

22 avril 2026 à 14:03

M-TIBA, a mobile health platform run by Kenya-based healthtech startup CarePay, is shutting down its My Health Funds (MHF) wallet that lets customers set aside money specifically for healthcare.

On April 8, users began receiving refunds directly into their M-PESA wallets without initiating withdrawals, indicating payouts are already underway. Five M-TIBA users confirmed to TechCabal that they had received the funds.

The decision marks a shift in M-TIBA’s model, from a consumer health savings wallet to an insurance management platform. The move, however, leaves users who depended on the service to set aside small amounts for care without a clear alternative for planning or paying for treatment.

CarePay declined to comment for this story.

M-TIBA first informed users on March 3 via SMS and its website that the MHF wallet would be discontinued, stating that access to insurance benefits on the platform would remain unchanged.

An SMS from M-TIBA notifying users about the discontinuation of the MHF wallet. Source: Screenshot from an M-TIBA user

Users were asked via SMS to withdraw their balances via USSD or receive M-PESA refunds by March 8, 2026. M-TIBA also said it would process refunds using verified details, with any unresolved balances sent to the Unclaimed Financial Assets Authority, the government agency that holds unclaimed funds until owners come forward.

Refunds began on April 8, and users who had not withdrawn their balances by the March 8 deadline received their wallet savings automatically.

On its website, CarePay said withdrawals would be free, and funds would remain safe, but did not fully explain why the savings product is being retired.

“M-TIBA has some exciting updates on how we’re evolving to better serve you and millions of others,” the company said on its website, without providing further detail.

Launched in 2015, M-TIBA built its early momentum on the idea of ringfencing healthcare funds so they cannot be spent elsewhere. The MHF wallet allowed individuals, employers, and donors to allocate money strictly for medical use across a network of providers. It provided an option for users who could not afford insurance but wanted a structured way to save for care.

CarePay said on its website it will focus on “improving health insurance management,” pointing to a model where insurers and partners drive usage rather than individual savings.

“Since we launched the M-TIBA wallet, we’ve helped many people save and access healthcare, and thanks to your trust, we’re growing into something even bigger and better,” CarePay said on its website. “That’s why we aim to focus on improving health insurance management to ensure more people get access to more affordable healthcare and a better experience.”

CarePay has not disclosed how many users are affected, the total value of refunds, or how many accounts may be transferred to the Unclaimed Financial Assets Authority due to failed verification. It has not outlined clear alternatives for users who cannot transition to insurance products. The shutdown follows scrutiny in 2025 after a cyber attack exposed user data, as reported by TechCabal. M-TIBA said it will delete personal data once MHF accounts are closed, in line with its privacy policy. It has yet to disclose whether the decision is linked to security, compliance, or cost pressures.

Reçu avant avant-hier
  • ✇TechTrends Africa
  • Africa’s Business Heroes Announces 10 Finalists for $1.5M 2025 Competition
    The ten finalists for the US$1.5 million 2025 competition have been revealed by Alibaba Philanthropy’s main philanthropic program, Africa’s Business Heroes (ABH). The Jack Ma Foundation’s principal African philanthropy endeavor is Africa’s Business Heroes (ABH). It helps forward-thinking businesspeople in all 54 African nations who are creating sustainable and inclusive economies. ABH will identify 100... The post Africa&ac
     

Africa’s Business Heroes Announces 10 Finalists for $1.5M 2025 Competition

16 septembre 2025 à 13:59

The ten finalists for the US$1.5 million 2025 competition have been revealed by Alibaba Philanthropy’s main philanthropic program, Africa’s Business Heroes (ABH). The Jack Ma Foundation’s principal African philanthropy endeavor is Africa’s Business Heroes (ABH). It helps forward-thinking businesspeople in all 54 African nations who are creating sustainable and inclusive economies. ABH will identify 100...

The post Africa’s Business Heroes Announces 10 Finalists for $1.5M 2025 Competition appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • Reviving Mobility: How Revive Earth Is Driving the Future of Electric Vehicle In Africa
    From tinkering with electric circuits as a child to working on the iconic Lion Ozumba 551 electric vehicle project at the University of Nigeria, Nsukka, Chukwuemeka Eze has always been driven by curiosity and innovation. His journey into electric mobility has now given birth to Revive Earth, a startup that is reimagining how Africa can... The post Reviving Mobility: How Revive Earth Is Driving the Future of Electric Vehicle In Africa appeared first on TechTrends Africa.
     

Reviving Mobility: How Revive Earth Is Driving the Future of Electric Vehicle In Africa

9 septembre 2025 à 13:45

From tinkering with electric circuits as a child to working on the iconic Lion Ozumba 551 electric vehicle project at the University of Nigeria, Nsukka, Chukwuemeka Eze has always been driven by curiosity and innovation. His journey into electric mobility has now given birth to Revive Earth, a startup that is reimagining how Africa can...

The post Reviving Mobility: How Revive Earth Is Driving the Future of Electric Vehicle In Africa appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • How StaffRide Is Easing Corporate Transit and Boosting Productivity in Africa
    For many, the daily commute is a frustrating prelude to the workday. For Efe Richard, it was a breaking point that sparked a revolution. After enduring the immense stress, unpredictable costs, and lost hours of navigating Lagos traffic for his 9-5 job, he recognized a critical disconnect between organizations and their employees’ well-being. This personal... The post How StaffRide Is Easing Corporate Transit and Boosting Productivity in Africa appeared first on TechTrends Afri
     

How StaffRide Is Easing Corporate Transit and Boosting Productivity in Africa

9 septembre 2025 à 12:48

For many, the daily commute is a frustrating prelude to the workday. For Efe Richard, it was a breaking point that sparked a revolution. After enduring the immense stress, unpredictable costs, and lost hours of navigating Lagos traffic for his 9-5 job, he recognized a critical disconnect between organizations and their employees’ well-being. This personal...

The post How StaffRide Is Easing Corporate Transit and Boosting Productivity in Africa appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • How Farmstarck Is Revolutionizing Africa’s Agricultural Value Chain
    Growing up on a family farm after the loss of his father, the founder of Farmstarck learned firsthand the backbreaking work and deep-rooted challenges facing African farmers. For over 15 years, he worked alongside his mother, witnessing the potential of agriculture stifled by limited market access, exploitative middlemen, and a glaring lack of financial inclusion.... The post How Farmstarck Is Revolutionizing Africa’s Agricultural Value Chain appeared first on TechTrends Afric
     

How Farmstarck Is Revolutionizing Africa’s Agricultural Value Chain

8 septembre 2025 à 11:43

Growing up on a family farm after the loss of his father, the founder of Farmstarck learned firsthand the backbreaking work and deep-rooted challenges facing African farmers. For over 15 years, he worked alongside his mother, witnessing the potential of agriculture stifled by limited market access, exploitative middlemen, and a glaring lack of financial inclusion....

The post How Farmstarck Is Revolutionizing Africa’s Agricultural Value Chain appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • Bridging the Digital Divide: How Enoch Eholor’s Syntax Is Making Tech Skills Accessible and Engaging
    For many, learning to code is a daunting, solitary journey. But for Enoch Osadebamewn Eholor, a developer who started coding at just 13 years old, that isolation revealed a critical gap in tech education. While studying in university, he began teaching tech skills to his roommates, and a powerful idea took root: What if learning... The post Bridging the Digital Divide: How Enoch Eholor’s Syntax Is Making Tech Skills Accessible and Engaging appeared first on TechTrends Africa.
     

Bridging the Digital Divide: How Enoch Eholor’s Syntax Is Making Tech Skills Accessible and Engaging

6 septembre 2025 à 14:14

For many, learning to code is a daunting, solitary journey. But for Enoch Osadebamewn Eholor, a developer who started coding at just 13 years old, that isolation revealed a critical gap in tech education. While studying in university, he began teaching tech skills to his roommates, and a powerful idea took root: What if learning...

The post Bridging the Digital Divide: How Enoch Eholor’s Syntax Is Making Tech Skills Accessible and Engaging appeared first on TechTrends Africa.

  • ✇WeeTracker
  • Circle Ventures Backs CV VC’s USD 20 M African Blockchain Fund
    Circle Ventures, the investment arm of USDC stablecoin issuer Circle, has invested in the USD 20 M African Blockchain Fund run by CV VC (Crypto Valley Venture Capital), marking a pivotal bet on Africa’s growing stablecoin-driven digital asset ecosystem. The Cayman-Islands–domiciled fund focuses on early-stage African startups using blockchain for fintech, payments, and data infrastructure. This shift towards infrastructure investment follows a wave of cryp
     

Circle Ventures Backs CV VC’s USD 20 M African Blockchain Fund

17 septembre 2025 à 13:10

Circle Ventures, the investment arm of USDC stablecoin issuer Circle, has invested in the USD 20 M African Blockchain Fund run by CV VC (Crypto Valley Venture Capital), marking a pivotal bet on Africa’s growing stablecoin-driven digital asset ecosystem.

The Cayman-Islands–domiciled fund focuses on early-stage African startups using blockchain for fintech, payments, and data infrastructure. This shift towards infrastructure investment follows a wave of crypto exchange shutdowns across the continent, as capital now flows to startups tackling structural issues like currency volatility, cross-border payment friction, and financial exclusion.

Launched in 2022 by CV VC Africa Managing Partner Gideon Greaves, the African Blockchain Fund has previously backed ventures in Nigeria, Kenya, and South Africa. Circle’s participation signals growing confidence from global players that Africa’s digital asset future will be built on stablecoin-powered utility rather than speculative trading.

This comes as stablecoins now account for 43% of all crypto transaction volume in sub-Saharan Africa, according to Chainalysis, with Nigerians receiving UD 24 B in stablecoins in 2024 alone; the second highest globally.

The post Circle Ventures Backs CV VC’s USD 20 M African Blockchain Fund appeared first on WeeTracker.

  • ✇WeeTracker
  • Long-Standing Ghana’s mPharma Founder Steps Down, COO To Take Over
    Gregory Rockson, founder and chief executive of Ghanaian health technology firm mPharma, is stepping down after 11 years, the founder has revealed. He will transition to the role of Chairman of the board, while Chief Operating Officer Kwesi Arhin will be promoted to CEO, effective Sept. 1, 2025. The leadership change at one of Africa’s most prominent healthtech startups follows a period of significant restructuring, including a major round of layoffs and a strategic shift t
     

Long-Standing Ghana’s mPharma Founder Steps Down, COO To Take Over

16 septembre 2025 à 11:17

Gregory Rockson, founder and chief executive of Ghanaian health technology firm mPharma, is stepping down after 11 years, the founder has revealed. He will transition to the role of Chairman of the board, while Chief Operating Officer Kwesi Arhin will be promoted to CEO, effective Sept. 1, 2025.

The leadership change at one of Africa’s most prominent healthtech startups follows a period of significant restructuring, including a major round of layoffs and a strategic shift toward operational efficiency and new markets.

Arhin, who joined mPharma in 2021 and most recently served as COO, will take the helm. His background in finance and global consulting is seen as aligning with the company’s renewed focus on a disciplined growth model.

The move is a common transition for venture-backed startups, where founders move to a strategic board role as the company matures.

The CEO change caps a volatile period for the company. In September 2023, mPharma laid off approximately 150 employees, which Rockson at the time linked to macroeconomic challenges and a severe devaluation of Nigeria’s currency.

Months later, in January 2024, the company secured USD 13.6 M in new funding from investors, including the Sanofi Global Health Unit Impact Fund.

That capital has supported a strategic pivot, including a recent push into Francophone Africa, where the company reported an annualised revenue run rate of USD 1.5 M within seven months.

Founded in 2014, mPharma manages a network of pharmacies and clinics to improve access to affordable medicine. It has raised over USD 65 M to date and operates in several African countries, including Ghana, Nigeria, and Kenya.

The post Long-Standing Ghana’s mPharma Founder Steps Down, COO To Take Over appeared first on WeeTracker.

  • ✇Afrique sur 7
  • Orange Money Group et JUMO pour un microcrédit mobile
    Orange Money Group et JUMO s’apprêtent à révolutionner le système de la microfinance en Afrique. Les deux structures, l’une dans les télécommunications et l’autre dans le numérique, ont décidé de fusionner leur compétence pour le bien-être du continent noir et notamment de leur clientèle.
     

Orange Money Group et JUMO pour un microcrédit mobile

28 juillet 2025 à 18:39
Orange Money

Orange Money Group et JUMO s’apprêtent à révolutionner le système de la microfinance en Afrique. Les deux structures, l’une dans les télécommunications et l’autre dans le numérique, ont décidé de fusionner leur compétence pour le bien-être du continent noir et notamment de leur clientèle. À cet effet, un accord a eu lieu pour la création d’un microcrédit en ligne.

Orange Money Group et JUMO unis pour une inclusion financière

Orange Money et JUMO ont signé un partenariat pour la création d’un microcrédit mobile. Une idée qui émane de la volonté de la société de télécommunications à étendre l’inclusion financière dans les zones qui n’ont pas accès à la banque mais qui ont besoin de l’argent pour diverses raisons. La mise en œuvre de cette idée appelle sans nul doute à des compétences dans le domaine du numérique. D’où l’entrée en jeu de la fintech JUMO pour son expertise technologique en termes d’intelligence artificielle.

A lire aussi : Côte d’Ivoire : Comment Orange Money va fermer Wave

Ainsi, finissent les tractations et les procédures sans fin dans les banques. Le concept est simple, rapide et fiable. Bientôt, avec votre réseau Orange Money, le service sera disponible. Ainsi, qui que vous soyez et où que vous soyez, vous avez l’opportunité de faire la demande. Une fois cela effectué, JUMO à travers son intelligence artificielle analysera votre demande en vérifiant certains de vos données. Dès que vous êtes éligible, vous recevrez dans les minutes à suivre le montant demandé. Cela peut servir également en cas d’urgence. Les termes du remboursement seront convenus avant la validation du prêt.

6475c0a5f37a6917f07bb005 orange money
Orange Money Group et JUMO pour un microcrédit mobile 12

L’association de JUMO avec Orange Money Group n’est pas le fruit du hasard. Ce dernier s’est forgé une réputation en Afrique avec plus de 110 millions d’abonnés dans 17 pays pour un chiffre d’affaires de 160 milliards d’euros de transactions en 2024. L’accès à ce microcrédit est certes pour toute l’Afrique, mais la priorité est donnée à l’Afrique francophone.

c2048x11520132 1 fjpg
Orange Money Group et JUMO pour un microcrédit mobile 13
  • ✇WeeTracker
  • Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding
    Swyft, a Cameroon-based logistics tech startup, has received a pre-seed investment from the University of Michigan International Investment Fund (IIF) to scale its B2B and B2C delivery services across Africa. Founded in 2019, the IIF backs SMEs in emerging markets. Swyft, which specializes in first-to-last mile logistics, will use the funding to expand operations and enhance its tech platform. “This partnership validates our mission to
     

Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding

28 juillet 2025 à 16:31

Swyft, a Cameroon-based logistics tech startup, has received a pre-seed investment from the University of Michigan International Investment Fund (IIF) to scale its B2B and B2C delivery services across Africa.

Founded in 2019, the IIF backs SMEs in emerging markets. Swyft, which specializes in first-to-last mile logistics, will use the funding to expand operations and enhance its tech platform.

“This partnership validates our mission to modernize African logistics,” said Franck Batchadji, Swyft’s CEO. The IIF praised Swyft’s potential to transform delivery services in Cameroon and beyond.

The post Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding appeared first on WeeTracker.

  • ✇WeeTracker
  • HAVAÍC Announces 2nd Close Of Its USD 50 M African Tech Fund
    Cape Town venture capital firm HAVAÍC has secured USD 25 M toward its USD 50 M African Innovation Fund 3, with major backing from financial services group Sanlam Multi-Manager. The fund targets 15 early-stage African tech startups with global potential, focusing on fintech, agritech and other high-growth sectors. The investment marks Sanlam’s first significant move into South Africa’s VC space, joining existing backers Fireball Capital and the
     

HAVAÍC Announces 2nd Close Of Its USD 50 M African Tech Fund

28 juillet 2025 à 16:11

Cape Town venture capital firm HAVAÍC has secured USD 25 M toward its USD 50 M African Innovation Fund 3, with major backing from financial services group Sanlam Multi-Manager. The fund targets 15 early-stage African tech startups with global potential, focusing on fintech, agritech and other high-growth sectors.

The investment marks Sanlam’s first significant move into South Africa’s VC space, joining existing backers Fireball Capital and the SA SME Fund. HAVAÍC has already deployed capital from the fund, including USD 1 M investments in SAPay (digitising taxi payments) and sports analytics platform Sportable. These join earlier 2025 investments in pan-African payments platform NjiaPay and livestock trading platform SwiftVEE.

The announcement follows several successful exits from HAVAÍC’s portfolio, most notably emergency response tech firm RapidDeploy’s acquisition by Motorola Solutions; one of South Africa’s largest tech exits. Another portfolio company, hearX Group, recently merged with hearing tech firm Eargo in a USD 100 M deal.

With its current portfolio already serving 22 million customers across 183 countries, HAVAÍC is positioning itself as a key player in Africa’s growing VC landscape. The firm plans to continue identifying and supporting African tech entrepreneurs building scalable solutions, with particular interest in businesses that can expand across multiple African markets and beyond. The remaining USD 25 M of the fund is expected to be raised in the coming months.

The post HAVAÍC Announces 2nd Close Of Its USD 50 M African Tech Fund appeared first on WeeTracker.

  • ✇WeeTracker
  • Egypt’s Elmenus Appoints Walid El-Saadany As CEO, Founder Amir Allam Steps Aside
    Egypt’s Elmenus, an online food discovery platform, has appointed Walid El-Saadany as its new chief executive officer, replacing founder Amir Allam after more than a decade leading the company. The announcement marks a leadership handover at a time when the food-tech platform is planning to expand across more cities and invest in new digital infrastructure. El-Saadany, who will also join the board of directors, is expected to guide the company through a new phase focuse
     

Egypt’s Elmenus Appoints Walid El-Saadany As CEO, Founder Amir Allam Steps Aside

28 juillet 2025 à 11:40

Egypt’s Elmenus, an online food discovery platform, has appointed Walid El-Saadany as its new chief executive officer, replacing founder Amir Allam after more than a decade leading the company.

The announcement marks a leadership handover at a time when the food-tech platform is planning to expand across more cities and invest in new digital infrastructure.

El-Saadany, who will also join the board of directors, is expected to guide the company through a new phase focused on scaling operations, integrating artificial intelligence, and building closer relationships with restaurant partners.

He takes over from Amir Allam, who founded Elmenus in 2011 with USD 5 K and a small team, and built it into one of the country’s best-known platforms for food discovery and delivery. Allam will remain on the board and stay involved in the company’s strategic direction.

Allam, reflecting on the transition, said he felt the timing was right to step back from day-to-day leadership. “What began with a laptop and two people has become a household brand that has impacted millions of users, created jobs for tens of thousands,” he said. “It is now the right time to pass the baton as the company enters a new phase.”

The company says Elmenus now reaches over 8.5 million users annually and works with more than 12,000 restaurants across four cities, with 1,000 of those currently offering online ordering. It has raised USD 30 M in funding from regional and global investors, including Careem and Global Ventures.

El-Saadany enters the role with nearly two decades of experience in tech, logistics, and venture-backed startups. He previously led Otlob through two key acquisitions, first by Foodpanda and later by Delivery Hero, which eventually rebranded the platform as Talabat. His background is seen as a key asset as Elmenus looks to strengthen its operational structure and broaden its market reach.

At Elmenus, he is expected to focus on expanding the platform’s presence beyond Cairo, Alexandria, and Giza into underserved cities and towns, where Elmenus plans to onboard more than 4,000 new restaurants in the coming period.

As part of the strategy, Elmenus plans to roll out AI-driven features aimed at improving restaurant discovery, delivery times, and offering more personalised recommendations to users. These changes are aimed at increasing efficiency while helping restaurant partners manage operations, pricing, and customer engagement more effectively.

Part of the company’s roadmap also includes investment in local talent development and workforce training, with initiatives that include upskilling riders and developers, as well as supporting small restaurant operators and women-led kitchens.

The leadership shift comes as Egypt’s food delivery and digital payments markets continue to grow, driven by rising smartphone adoption, fintech expansion, and increased demand for convenience and local service. Elmenus is positioning itself to benefit from those trends by enhancing both its consumer experience and its back-end tools for restaurants.

El-Saadany is expected to focus on execution and scale, with an eye toward long-term stability in a competitive and fast-moving market.

The post Egypt’s Elmenus Appoints Walid El-Saadany As CEO, Founder Amir Allam Steps Aside appeared first on WeeTracker.

  • ✇WeeTracker
  • Senegal’s Eyone Medical Raises USD 3 M To Digitise West Africa’s Health Records
    Dakar-based healthtech startup Eyone Medical has raised USD 3 M from Oyass Capital, a new Senegalese government-backed private equity fund focused on scaling high-impact SMEs. The deal was announced at Oyass’s launch event, marking one of its first investments. Founded in 2015 by Henri Ousmane Gueye and John Diatta, Eyone provides interoperable digital health systems, including its flagship Shared Patient Record platform, which enables clinics and hospitals to securely shar
     

Senegal’s Eyone Medical Raises USD 3 M To Digitise West Africa’s Health Records

25 juillet 2025 à 11:56

Dakar-based healthtech startup Eyone Medical has raised USD 3 M from Oyass Capital, a new Senegalese government-backed private equity fund focused on scaling high-impact SMEs. The deal was announced at Oyass’s launch event, marking one of its first investments.

Founded in 2015 by Henri Ousmane Gueye and John Diatta, Eyone provides interoperable digital health systems, including its flagship Shared Patient Record platform, which enables clinics and hospitals to securely share and manage patient data.

The platform is used in over 60 healthcare institutions across Senegal, Mali, Côte d’Ivoire, Cameroon, Gabon, and France.

The new funding will help Eyone, which previously raised USD 1 M and secured another USD 300 K in prize money, integrate AI into its systems, enhance infrastructure, and expand across Francophone West Africa, where fragmented health records and inefficiencies remain major challenges.

The deal also reflects a growing trend of public-private co-investment in strategic sectors like healthtech, with governments like Senegal’s taking a more active role in startup funding.

The post Senegal’s Eyone Medical Raises USD 3 M To Digitise West Africa’s Health Records appeared first on WeeTracker.

  • ✇TechTrends Africa
  • Africa’s Business Heroes Names Top 50 Finalists in $1.5M 2025 Prize Competition
    A record-breaking year for participation and regional representation, Alibaba Philanthropy’s flagship philanthropic initiative, Africa’s Business Heroes (ABH), has revealed the top 50 finalists for its US$1.5 million 2025 competition. The Jack Ma Foundation’s principal African philanthropy endeavor is Africa’s Business Heroes (ABH). It helps forward-thinking businesspeople in all 54 African nations who are creating sustaina
     

Africa’s Business Heroes Names Top 50 Finalists in $1.5M 2025 Prize Competition

25 juillet 2025 à 09:27

A record-breaking year for participation and regional representation, Alibaba Philanthropy’s flagship philanthropic initiative, Africa’s Business Heroes (ABH), has revealed the top 50 finalists for its US$1.5 million 2025 competition. The Jack Ma Foundation’s principal African philanthropy endeavor is Africa’s Business Heroes (ABH). It helps forward-thinking businesspeople in all 54 African nations who are creating sustainable...

The post Africa’s Business Heroes Names Top 50 Finalists in $1.5M 2025 Prize Competition appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • Apply Now: Joint Innovation Facility Offers Up to €250K for African-Led Innovations
    Applications for catalytic funding ranging from €100,000 to €250,000 are being accepted by African-led innovation consortia under the Joint Innovation Facility’s (JIF) Expression of Interest Call. Through funding, coaching, assistance with investment preparation, and awareness, the JIF promotes initiatives in cutting-edge fields like Blue Tech, Energy, Smart Mobility, and Smart Cities. Eligibility Criteria: To be... The post Apply Now: Joint I
     

Apply Now: Joint Innovation Facility Offers Up to €250K for African-Led Innovations

23 juillet 2025 à 10:29

Applications for catalytic funding ranging from €100,000 to €250,000 are being accepted by African-led innovation consortia under the Joint Innovation Facility’s (JIF) Expression of Interest Call. Through funding, coaching, assistance with investment preparation, and awareness, the JIF promotes initiatives in cutting-edge fields like Blue Tech, Energy, Smart Mobility, and Smart Cities. Eligibility Criteria: To be...

The post Apply Now: Joint Innovation Facility Offers Up to €250K for African-Led Innovations appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • MEST Opens 2026 AI Program for West African Startups; $100K Pre-seed Funding Available
    Are you an aspiring business owner or software engineer from West Africa prepared to establish a significant AI startup? Applications for the MEST AI Startup Program 2026 are currently being accepted! A chosen group of innovators will graduate from this 12-month, completely immersive program with the technical know-how, commercial acumen, and mentoring required to launch... The post MEST Opens 2026 AI Program for West African Startups; $100K Pre-seed Funding Available appeared first on TechTren
     

MEST Opens 2026 AI Program for West African Startups; $100K Pre-seed Funding Available

17 juillet 2025 à 19:42

Are you an aspiring business owner or software engineer from West Africa prepared to establish a significant AI startup? Applications for the MEST AI Startup Program 2026 are currently being accepted! A chosen group of innovators will graduate from this 12-month, completely immersive program with the technical know-how, commercial acumen, and mentoring required to launch...

The post MEST Opens 2026 AI Program for West African Startups; $100K Pre-seed Funding Available appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • African Startups Can Now Apply for the TractionBoost Early-Stage Accelerator
    The globally oriented TractionBoost Accelerator, which helps early-stage firms prepare for pre-seed fundraising, is open to African startups. For early-stage entrepreneurs, the TractionBoost Accelerator is a two-month intense program that focuses on client acquisition and product testing. Its objective is to provide founders the momentum they need to obtain pre-seed capital. Through a structured accelerator... The post African Startups Can Now Apply for the TractionBoost Early-Stage Accelerator
     

African Startups Can Now Apply for the TractionBoost Early-Stage Accelerator

17 juillet 2025 à 10:43

The globally oriented TractionBoost Accelerator, which helps early-stage firms prepare for pre-seed fundraising, is open to African startups. For early-stage entrepreneurs, the TractionBoost Accelerator is a two-month intense program that focuses on client acquisition and product testing. Its objective is to provide founders the momentum they need to obtain pre-seed capital. Through a structured accelerator...

The post African Startups Can Now Apply for the TractionBoost Early-Stage Accelerator appeared first on TechTrends Africa.

  • ✇TechTrends Africa
  • Applications Now Open: 5th Visa Africa Fintech Accelerator
    Applications are now being accepted for the fifth iteration of Visa’s biennial Africa Fintech Accelerator, which gives businesses access to resources, industry contacts, and mentorship to help them develop their creative solutions. Visa is a global payment card network. The Africa Fintech Accelerator, which started in 2023 in accordance with Visa’s commitment to invest US$1... The post Applications Now Open: 5th Visa Africa Fintech Accelerator appeared first
     

Applications Now Open: 5th Visa Africa Fintech Accelerator

16 juillet 2025 à 12:22

Applications are now being accepted for the fifth iteration of Visa’s biennial Africa Fintech Accelerator, which gives businesses access to resources, industry contacts, and mentorship to help them develop their creative solutions. Visa is a global payment card network. The Africa Fintech Accelerator, which started in 2023 in accordance with Visa’s commitment to invest US$1...

The post Applications Now Open: 5th Visa Africa Fintech Accelerator appeared first on TechTrends Africa.

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