Female investors to back 12 African tech ventures 

Female investors to back 12 African tech ventures 

Hema Vallabh of Five35 Ventures, South Africa, Dr. Ola Brown of Flying Doctors Investment Company, Nigeria, Mariam Abdullahi of Google Africa, Kenya, Aysha Tegally of Future Female Invest, Mauritius and Rasheeda Adam of REinvest Africa, Ghana would constitute the all-female investors panel for the 9th Angel Fair Africa (AFA) on 25th November 2021 followed by the Africa India Entrepreneurship and Investment Summit on 26th of November 2021 at the Hennessey Park Hotel in the Ebene Cyber City, Mauritius.

Chanzo Capital and the entrepreneurial partners have finalized the process of selecting 12 leading African tech ventures to pitch to these female investors and their sixty counterparts who have so far registered for the event. The entrepreneurs would participate in the second Africa Virtual Accelerator (AVA) from the 1st to 20th November 2021 put together by Chanzo Capital in partnership with the Adei Technology Hub. They would then arrive in Ebene Cyber City to participate in the Entrepreneurs Bootcamp from the 22nd to 24th November 2021.

The cohort of African tech ventures are;

…opening up new channels for African creative professionals – Akoobooks (Ama Dadson of Ghana), Casting Africa (Kwasi Bosiako Antwi of Ghana) & Kipepeo (Marie Behrens & Warren Pougnet of Mauritius)

…diversifying access to financing – MyWagePay (Beth Mwangi & Patrick Pere of Kenya), CNG Transfer (Emmanuel Tochi & Ken Omulo of Nigeria & Kenya),  SaveApp (Aziz Omar Masumbuko of Kenya) and Cashback (Inès Assoumou of Cote d’Ivoire);

…navigating last mile mobility with style – DeliverASAP (Oyedayo Oyeniran of Nigeria) including vehicle maintenance for the long haul – Motor Parts Nation (Genera Moore of Ghana);

…adapting technology for all-round virtual assistance – from travelling the continent with Tubayo (Brian Namara of Uganda) home & repair services – Team Assistance Pro (Losseni Bakayoko of Cote d’Ivoire) to even a ‘digital parent’ – Tootree (Jiwo Roland of Cote d’Ivoire)

According to Odomitchi Anikpo, Executive Director of The Adei Institute of Technology, “The diversity of our program offerings supports Africans from all walks of life as they march confidently into a digital world. It’s great to note the many ways this cohort has applied emerging technology to everyday challenges that aren’t always center stage in the tech ecosystem”.

Baljinder Sharma, Founder at Monsoon Capital Investments, notes that, “It has become more and more important for us as a VC firm to take a long-term approach to nurturing the type of African businesses we want to invest in and partnerships across the ecosystem has been instrumental to achieving this goal”.


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