Emmanuel Adegboye

Check out the topics we've lined up for the rest of the year and join us as we support African entrepreneurs. #Shujaacapital #PaschalOffordum #Africanstartups

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🌍 South Africa’s VC Sector on a Positive Trajectory: What It Means for Africa 🚀 📊 A new survey shows that South Africa’s Venture Capital (VC) sector is defying global trends, attracting over $164 million in 2023! 💼 Key sectors such as Fintech, Edtech, and eCommerce are booming, with Flutterwave and Kuda leading the charge in Africa’s growing tech ecosystem. Here are some key insights: The ICT sector accounts for 87.6% of VC deals, highlighting the region’s shift towards digital innovation. 💻 Co-investment activities between local and international investors are fueling startup growth and creating transformative solutions. 🌍 At Bilow Capital, we are excited to see these trends driving sustainable growth across the continent. Africa’s tech landscape is set for unprecedented expansion! 🌟 🔗 Read more about the VC boom in South Africa: Forbes Africa Article https://lnkd.in/dZXNwXrW #VentureCapital #AfricaRising #TechInnovation #Fintech #BilowCapital #InvestmentNews #SouthAfrica #Startups

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Are you an early-stage founder or tech enthusiast struggling to turn your ideas into reality? We get it—learning and turning ideas into reality with limited resources, finding the right team, and navigating the complexity of tech. But what if there was a way to simplify this journey? At Nocode Africa, we’re breaking down the barriers to success. Get access to learning no-code tools, expert guidance, and a community of entrepreneurs who are building, learning, and growing together. As we approach the end of the year, it's time to make change. You have everything you need to build your startup or become a no-code expert right here—get premium access to free learning and a thriving community of like-minded learners and entrepreneurs who are all building together. We’re not just building businesses—we’re building a community. A place where you can connect, collaborate, and grow with people who understand the challenges you’re facing. This is your opportunity to be part of something bigger. Join us and be part of this movement: Telegram: https://lnkd.in/d3AX79-9 WhatsApp: https://lnkd.in/euwyT6k4 #StartupFounders #TechForEntrepreneurs #NoCodeAfrica #BuildWithoutLimits #EntrepreneurshipMadeEasy #NoCodeTools

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Our #Tech4pride Team is coming to #Moonshot by Techcabal in Lagos nigeria, this week.Tomiwa Aladekomo and Tech cabal have built a value machine with the event and below I explain our philosophy to engaging in one of the Largest Tech Conference in Africa. We have pioneered Technology access for marginalized people over the past 2 years at the Tech4pride, However, barriers for entry still exist for our community based on a number of factors; but mostly because we have worked in isolation and it’s time to show the Ecosystem what a Queer collective can do. Furthermore, the next revolution of Technology (AI et all) is more B2B and P2P than B2C and events are one of the best ways to lock in! As social media and paid social promotions continue to wade into superficialism (based on ad targeting and the ever-evolving policies), Real-life events are more cost-effective and effective, the scale might be intangible but they give quality>>quantity. We are always thinking of how to improve our initiative and create value for a thriving queer reality and we will continue to iterate and seek new frontiers until we achieve this goal. While I’m in Lagos, I am open to speaking with impact investors, founders and anybody who is interested in helping us actualize our goals. I am also open to being connected to anyone you think is a good fit! See you at the moonshot🚀🚀 (fun fact: This is my first time returning to Lagos after 5 years. Make sure to say “Welcome to Lagos when you see me”😃)

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Summary: TLcom Capital, an African VC firm, has closed its second fund at $154 million, making it the largest investor in early-stage African startups. Key takeaways: TLcom has closed their second fund at $154 million, attracting over 20 limited partners, including the European Investment Bank and Visa Foundation. The firm maintains a consistent strategy of investing in early-stage opportunities, but also considers opportunities at growth and later stages. TLcom has expanded its portfolio to include companies in Egypt and South Africa and has a focus on traditional sectors such as fintech, mobility, and healthcare. Counter arguments: The firm's emphasis on early-stage opportunities may result in lower returns as these companies carry more risk. As more VC firms focus on the African market, the competition for high-quality startups may increase, making it difficult for funds to generate significant returns. #venturecapital #vc #startups

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How can we prioritise founder wellbeing in Africa’s booming tech ecosystem?  Leading venture capital firm Flourish Ventures has launched the founder wellbeing report titled, “Passion and Perseverance: Voices from the African Founder Journey. It is the first large-scale survey offering an in-depth look at the well-being of African tech founders. With insights from over 160 founders across 13 countries, the report offers a unique look at the challenges and strengths of the entrepreneurial journey in Africa. 🌍 Here are some key findings: 1️⃣. 86% of African founders report significant impacts on their wellbeing, with many experiencing high levels of stress, burnout, and anxiety 2️⃣. Despite the pressures, the passion for entrepreneurship remains strong - 81% of founders say they enjoy the founder journey. 3️⃣. Over 60% of founders use healthy habits like exercise, sleep, and balanced eating to manage stress - demonstrating the importance of self-care. 4️⃣. Nearly two-thirds would prefer to start a new venture rather than take a job if their current startup were to fail. 5️⃣. Top three sources of stress from macroeconomic impacts are:  fundraising (59%), inflation (44%), and other macroeconomic challenges (40%). The report offers actionable recommendations for investors and the broader ecosystem to support African founders' well-being. "Prioritising founder wellbeing boosts both their personal lives and the long-term success of their businesses," says Venture Partner Ameya Upadhyay. More details in this story by TechCabal https://lnkd.in/dwsZ_4TJ #FounderWellbeing #FlourishVentures #AfricanTech #Startup

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Unveiling the Path to Success: A Deep Dive into the Journey of Sudo Africa, the Pioneering Card Issuing Startup in Africa Embarking on the entrepreneurial journey often begins with a spark of inspiration, fuelled by the desire to carve a niche in a field brimming with possibilities. For many aspiring founders, the quest for success is not just about achieving personal milestones but also about unravelling the secrets behind the triumphs of those who have gone before them. In this exploration of the thriving startup landscape in Nigeria, one name stands out amidst the myriads of innovative ventures: Sudo Africa. Renowned as Africa's premier card issuing company, Sudo Africa has not only revolutionized the fintech sector but has also set a precedent for aspiring entrepreneurs to follow. THE Sudo Africa TEAM The founders Aminu Bakori the Chief Executive Officer (CEO) of Sudo Africa I passionate Techie who is strategically creating in solving problems via technological solutions, A graduate of the prestigious Ahmadu Bello University Zaria, with vast experience in Start Up building Kabir 'Bayo Shittu The Chief Operations Officer (COO) of Sudo Africa and former banker whose experience in one of Nigerians top Banks has made tremendous contribution to the growth of Sudo Africa. The partnership between Aminu Bakori as Tech Bro per excellence and Kabir Shittu is one which should be emulated by other Start Up Founders, find a Co- Founder who shares same vision as you do and is professional enough to go on the Journey with you just as Aminu and Kabir are. Other Members of the Team Michael Ojo the Chief Technical Officer (CTO) A season Software engineer with vast experience in Software development who is in the team that developed most of Nigerians famous Fintech solutions, Michael is strategic member of the team at Sudo Africa and experience in making the company thrive. Farida Kabir the Group Head Brand and Growth, MY OGA, as I fondly call her, is a woman of Timber and Caliber, she is one of the movers and shakers in the Nigerian Start Up ecosystem. Being on the team at Sudo Africa she has tremendously helped in the growth and visibility of the organization. What sets Sudo Africa apart from its counterparts are the foundational pillars that underpin its success. Foremost among these is an unwavering passion that permeates every facet of the organization, propelling its members to strive for excellence and transcend conventional boundaries. This passion is complemented by a culture of discipline, where adherence to rigorous standards ensures that each endeavor is executed with precision and purpose. Moreover, Sudo Africa owes much of its success to its experienced team, whose collective wisdom and expertise form the bedrock of its operations.

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365NEXT offers a highly selective programme, choosing only a handful of startups per cycle. If chosen, you’ll embark on a demanding 24-week journey designed to improve your solution and perfect your pitch. The programme concludes in Demo Day, your chance to connect with a network of potential investors, including angels, venture capitalists, and banks. What They Offer: Seed Investment: $8,000 to kickstart your venture. Equity Stake: 6% ownership in exchange for their investment. Comprehensive Support: Access to office space, hosting, marketing, legal, and financial services. Curriculum & Coaching: Tailor-made guidance based on lean startup principles to help you develop a strong business model and build a minimum viable product (MVP). Expert Assistance: Support in finding product-market fit, defining your target audience, and securing initial validation for your business. Investor preparation: guidance on preparing for fundraising and Demo Day. Get more details here: https://lnkd.in/d8TJiZY4

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Boost Your Business: South Africa’s Fastest Pitching Event 🚀 Are you driving innovation and tackling Africa’s unique challenges? Make your mark at Innovation City’s third annual Business Pitching Event on November 7! Showcase your game-changing solutions to investors, VCs, corporates, and venture builders ready to support the next big idea. Why Participate? 🔵 Startups & Scale-ups: Pitch directly to decision-makers—ideal for Pre-Seed, Angel, Seed, and Series A companies seeking funding, partnerships, or acceleration. 🔵 High-Growth Sectors: Connect with industry leaders ready to help you scale, whether you're innovating in impactful, high-demand areas. 🔵 5-Minute Pitches: Engage in a rapid, high-energy format with 1-minute transitions—make every second count to capture interest. How It Works: 🔵 Pitching Rounds: Present your business in a focused 4-minute pitch to top investors, VCs, and industry innovators. 🔵 Post-event Networking: Seal the deal during a casual networking session immediately following the pitches. Event Details: 🗓 Date: November 7, 2024 🕒 Time: 15:00 - 19:00 📍 Location: Innovation City, Cape Town Ready to elevate your business? Register now to join Africa’s brightest startups and leading investors. Limited spaces available. Register: https://lnkd.in/ducyAqem ❗Applications close November 1

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The next Sw7 GTM Masterclass is for AI and Analytics businesses

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Podcast: Backing operator-led startups and unlocking Africa’s tech growth – Maria Rotilu, founder, Openseed VC. 💬 This week’s UKTN Podcast guest is Maria Rotilu, founder and general Partner at OpenseedVC. In this episode, Rotilu discusses the thesis behind backing operator-led startups, and how Africa’s large, youthful population – combined with decreasing barriers to innovation – is positioning the continent as a valuable investment opportunity.   “Our thesis is that businesses are not as digitised as we think,” Rotilu tells the UKTN Podcast. “There’s so many legacy businesses, and also processes within organisations that are still very much stuck.” ➡️ https://lnkd.in/et7fiFs7 🔗 #business #legacy #investment #startups #podcast #UKTNpodcast #innovation #UKtech

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Unlock the Power of Data with C Insights Africa! At C Insights Africa, we're your go-to source for comprehensive insights into the African business landscape. Our mission is to provide organizations with the data and actionable insights they need to thrive in Africa. Our Vision: To be the preferred and trusted data provider about the African business landscape in global boardrooms and institutions. Our Data Products Include: Comprehensive databases and business intelligence reports covering various sectors, industries, and regions across Africa. Sector Analysis: In-depth insights into specific industries, market dynamics, key players, and growth opportunities. Country Assessments: Detailed understanding of the business environment in different African countries, from regulatory frameworks to investment opportunities. Firmographic Data: Valuable for precise targeting, lead generation, and B2B data enrichment. What Sets Us Apart: Inclusive Data Collection Approach: We gather feedback from underserved communities, enhancing the reliability and relevance of our data. Strategic Partnerships and Customized Solutions: Authentic data sources and tailored solutions to meet diverse client needs, all at competitive prices. Join us in unlocking new opportunities and driving success in the African business landscape. Visit www.cinsightsafrica.com to learn more about how we're shaping the future of business in Africa. C Insights Africa... Where Data Meets Vision. #AfricanBusiness #MarketIntelligence #DataDrivenDecisions #BusinessGrowth #CInsightsAfrica

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Check out the latest episode of “The month in VC”, our regular deep-dive into Africa’s investment space. Produced in partnership with Atlantica Ventures VC Fund, each episode wraps up the latest news in African VC, profiles a leading investor, and digs into a key theme or trend in conversation with partner VCs. The latest episode sees us speak to Zachariah George from Launch Africa Ventures, and we’ll also be discussing how we can go about getting more Africa-based investors - be they angels or institutions - backing African tech startups. https://lnkd.in/dGiuKbuq

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Answering FAQs about Moonshot - What is Moonshot By TechCabal? Moonshot is TechCabal’s flagship conference that convenes the most audacious players; founders, business leaders, startups, enterprise companies & more building Africa’s dynamic tech scene to network, collaborate, share ideas/insights, and celebrate innovation on the continent. - When is Moonshot happening? Moonshot by TechCabal is happening in Lagos, Nigeria on October 9th and 10th. We also have other exciting off-conference activities and side mixers that’ll happen during the week of the conference - What’s new about this edition? This time around, we’re dialing up the excitement to eleven! More content tracks, more speakers, a brand-new stage, and a bigger party! We will also be exploring 9 content tracks and other side events and off-conference activities to ensure the fun never stops. - Who can attend Moonshot 2024? Anyone can attend the conference, especially if you’re curious about the future of tech in Africa! This year, we’re particularly open to startups and innovators in commerce Web3 and metaverse, AI &ML, Content and gaming, Talent, Inclusion & Diversity, Venture Capital, Startup Clinic, Telco & Enterprise. - How can I prepare for the conference? The very first thing to do is to save your seat by getting your ticket. Once your seat is secured, keep an eye out on our social pages and website as we’ll be putting out content and information as the event approaches to help you prepare adequately. Save your seat with this link: https://lnkd.in/dqEndNq4 

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Insights from Iyinoluwa Aboyeji highlight critical points about the startup ecosystem in Africa: *Pre-seed and seed investors such as Future Africa are uniquely positioned to capitalize on the funding boom at later stages (Series A-D). *The need for a world-class accelerator program in Africa, such as Accelerate Africa. *The importance of investors/founders who understand context, especially in times of crises, such as the recent funding contraction #FutureAfrica #AccelarateAfrica #VentureCapital

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I will be at Startup Ibadan and I am excited to be speaking on this panel with other industry leaders. Stop by and lets chat on how to drive innovation and growth in the Ibadan Startup Ecosystem!

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This African investor pioneered the mobile tower leasing business in Africa. Built the largest Africa-focused private investment firm. And manages $4+ billion in assets. Meet, Helios Investment Partners. The Prototype Helios is the investor behind some of Africa’s biggest deals. Connecting capital to African talent and businesses. Started in 2004.  When Tope Lawani and Babatunde Soyoye left TPG.  To venture out on their own. Helios had a mountain to climb🏔️ To prove they could invest in Africa successfully. Before raising a fund. They had to show they could make waves in Africa.   Sure, they’d nailed investing in America, Europe, and Asia.  But Africa? Nothing but crickets 🦗 Their 1st challenge?  Fixing up the Modern Africa Fund.  A $110 million fund in trouble, started in 1997.  Funded by the U.S. International Development Finance Corporation This fund had fingers in 8 companies. Some deep in hot water. Helios swooped in like Superman 🦸‍♂️.  Rescued the fund and cashed out big time. Afsat Communications, a satellite company, scored a sweet 115% return.  While Flamingo Holdings, a flower exporter, brought home a 40% gain. Come 2005.  Helios was hunting for game-changers in Africa 🔍. They stumbled onto the mobile telephony scene.  And thought, “Hey, let’s grab a mobile license in Nigeria!”.  Spoiler: They lost out to MTN Nigeria and Econet Group.  But hey, they spotted a juicy opportunity🍑 . Building mobile towers and renting them out to telecom(telcos) bigwigs 📡. Why? Back then, telcos spent 50% of their cash building mobile towers. Landline penetration in Nigeria was at 1% 📞.  Someone had to build a whole new telephony system from scratch! They tried buying towers from MTN. But MTN said “No way José” 🚫.  So, they rolled up their sleeves and built their own towers💪.  And bam, HTN Towers Nigeria was born. Simple model:  Buy land, throw up a tower, plug it into the ⚡ grid, get a generator, and slap on some security.  Kinda like real estate 🏢. They took notes from big shots in the U.S. like Crown Castle & American Tower. Dropping $12 million to dot Nigeria with mobile infrastructure 📶. HTN Towers pioneered the model in Africa. Allowing telcos to focus on their core business.  Freeing up cash for investments in network growth and customer service improvement. Helios cashed out big-time in 2016. Selling HTN Towers to IHS Towers —Africa, Middle East, and Latin America’s mobile tower big boss. And today, Helios is the biggest African investor. With  💰Investments of $3.8+ billion in African businesses.  💼Exits of $4+ billion to investors in their firm. 💵 Revenues of $9+ billion through its portfolio companies. What are your thoughts on Helios’ story? Let me know in the comments. 👇 Today in my newsletter, I’ll dive deep into Helios' meteoric rise. Grab it in your inbox here 💌  https://lnkd.in/d-mDKYRT PS- Helios' investing playbook on Africa is the best I've ever seen.

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Follow Intelligent CIO Africa for the latest African #ict trends, news, features

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