TECH STARS

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With years of combined professional and entrepreneurship experience in Africa’s fintech sector, Dare is committed to facilitating cross-border transactions. 

Beninese fintech entrepreneur Dare Okoudjou (photo) is the founder and CEO of MFS Africa, Africa’s largest digital payment gateway.  Through his startup, he interconnects close to 320 million mobile money wallets offering service providers the opportunity to reach more people with their products targeting unbanked and underbanked populations. 

Dare founded MFS Africa in 2009 to help Africans make payments worldwide. The startup’s main goal is to make transactions as easy as ABC. Its mission is to develop solutions so that the only thing needed for payment anywhere in the world will be a mobile money wallet.  

With an MSc in Telecom Engineering from Telecom Paris (in 1999), MFS Africa’s founder started his professional career as a telecom consultant for PricewaterhouseCoopers (PwC) in 1999. Some years later, he joined MTN Group first as a Senior Manager before his promotion to the position of Head of Mobile Money international development.  In 2017, his startup was recognized by the U.S business magazine as one of the ten most innovative companies in the world. In 2020, the global community of impact entrepreneurs Endeavour selected him as one of the most impactful entrepreneurs in the world. The following year, he took part in MIT’s Foundry Fellowship along with 12 African innovators. 

A few days ago, Dare Okoudjou made it to the list of Rof World’s 100 global tech changemakers. His ambition is to make borders meaningless in payment transactions. For that purpose, last year, he secured US$100 million during a Series C debt and equity financing round co-led by AfricInvest FIVE and several investors. 

Melchior Koba

Posted On lundi, 30 mai 2022 13:25 Written by

The serial entrepreneur has over ten years of professional experience in IT consulting and business development. Thanks to Dreamcash, he will be among the founders to be celebrated during the first edition of the AfricaTech Awards 

Cyril Owona (photo) is a Cameroonian entrepreneur, co-founder, and CEO of Dreamcash, a fintech startup developing innovative and mobile solutions to help users manage their finances. 

 Based in Yaoundé, Cameroon, the fintech startup was founded in 2020, with Fabrice Atangana as its co-founder. It created MiQo, a neobank allowing unbanked individuals access to all the conventional banking services, including microloans. The startup is among the 45 finalists to be celebrated at the AfricaTech Awards,  which will be held on the sidelines of the VivaTech summit (June 15-18, 2022) in Paris, France. 

The selection “greatly motivates a young team that has, for years now, dedicated itself to developing tech solutions to effectively boost financial inclusion in emerging markets despite the hard work and sacrifice endured,” Cyril Owona wrote on his Linkedin page. 

The latter’s entrepreneurship career began in 2016, in Canada, when he created Innova Services-Conseil International Inc (ISCI), a consulting firm specializing in IT business development and marketing consulting.  The following year, he founded CPAI Inc to boost digital transformation in Africa.  He is, since February 2021, the CEO of Sewelo Africa Digital Training, an online learning platform.  

Before going into the entrepreneurial world, Cyril acquired extensive professional experience. He started in 2006, as a project manager for Alpha Fund before his promotion to an Alpha Fund branch Manager. In 2009, he joined consulting firm ANEO as an IT recruiter. After brief stints in Logica and Umanis, he became the director of IT consultant Odesia. 

Melchior Koba

Posted On vendredi, 27 mai 2022 15:22 Written by

The digital solution is the result of one of Hybrid Designs' co-founders’ personal experience. Created to address security and affordability problems, it already claims over 100,000 users. 

Samrawit Fikru (photo) is an Ethiopian software developer, co-founder, and CEO of Hybrid Designs, a software development firm. In December 2014, her startup (founded in 2011) launched Ride, a ride-hailing solution.   

RIDE was created to address several problems including security and affordability.  “I used to constantly find myself at the office late at night and challenged by transport hurdles while heading to my home. [...]  I used to feel unsafe while taking a taxi…the driver also asks you to pay more than two times the price they charge in a day,” Samrawit recounted in 2019.

The co-founder graduated from MicroLink Information Technology College in 2004 with a diploma in software engineering and started her professional career in 2005 as a software engineer at Revots PLC. In 2006, while working at Revots, she graduated with a BSc in Computer Science from the HiLCoE School of Computer Science and Technology.

In 2007, she joined CNET Software Technology PLC as a programmer, and, the following year, she was recruited as a software developer by Cybersoft software Company. Two years later, she flew to Cameroon where she worked at  4Afri Mobile Technology Company as a senior application engineer. In 2011, she returned to Ethiopia and joined DH MicroHard Solutions as a product line manager.

Since 2013, Samrawit Fikru is a member of the African Women’s Entrepreneurship Program (AWEP), a program providing technical support to its members. Last week, the Ethiopian entrepreneur earned international recognition as one of the Rest of World (RoW)'s 100 Global Tech Changemakers. The recognition celebrates her journey and achievement in the tech world.  

Melchior Koba

Posted On vendredi, 27 mai 2022 14:34 Written by

He is appointed just one year after assuming the position of general secretary of the same agency he will oversee. In his new position, he will have to address several challenges to make the domestic ICT market more attractive to investors and boost digital adoption.  

Inoussa Traore (photo) is, since May 18, the new executive director of Burkina Faso’s Agency for the Promotion of Information and Communication Technologies (ANPTIC).  A research professor in economics, innovation, and ICT, he is the fifth executive director to preside over ANPTIC's destinies since its creation in 2014. 

In May 2021, when he was appointed ANPTIC executive secretary, Inoussa Traore commented that there were significant challenges facing Burkina Faso’s digital transformation plans. He also hoped the ICT promotion agency would be up to par with expectations. Now that he is at the helm, he will have the chance to make his wish come true. 

The new executive director has a doctorate in economic science obtained from Thomas Sankara University (formerly Ouaga II University), in 2019. He began his professional career in 2008 with Yam Pukri Association, an association specialized in training and consulting in the ICT sector.  In 2012, he was appointed the head of the International Institute for Water and Environmental Engineering (2iE) program aimed at building the capacities of rural electrification actors and operators in West Africa. Five years later, he joined the Moving Energy Initiative (MEI 2), as a project coordinator, to improve access to electricity services and products in  Burkina Faso’s Sahel region and refugee camps. 

Since 2014, he is a professor and researcher at Joseph Ki-Zerbo University. He is also a member of the coordination team of the university’s incubator (Incubuo). He is notably in charge of entrepreneurship and management support issues. 

In 2020, Mr. Inoussa initiated the FabLab university project selected among the 92 projects that were to benefit from the €1 million Fund set up by the Francophone University Agency to support member universities amid the coronavirus pandemic.  

Melchior Koba

Posted On jeudi, 26 mai 2022 13:17 Written by

With 27 years of professional experience in Orange S.A., Jérôme Hénique will replace the current CEO appointed in 2018. As the new CEO, he will carry out strategic projects in the markets he oversees. 

Jérôme Hénique (photo) will officially become the new CEO of Orange Middle East and Africa (OMEA) next July 1. His appointment was announced Tuesday (May 24) in a release published on Orange S.A.’s website. The incoming CEO will replace Alioune Ndiaye who will remain OMEA’s non-executive chairman.

Currently, the incoming CEO is OMEA’s chief operating officer and deputy CEO. As the CEO, he will carry on with actions aimed at developing the group’s subsidiaries in OMEA (one in Jordan and seventeen in Africa) that grew by 9% and generated a €6,381 million turnover in 2021. 

Jérôme Hénique joined Orange S.A. (then known as France Telecom)  as a consultant in 1994. Up to early 2009, he was consecutively senior consultant for Expertel Consulting, chief Marketing Officer for Wanadoo Europe, Strategic Marketing Director, and Vice President of Consumer Marketing for France Telecom. In 2009, he was promoted  to the position of France Telecom’s  Senior Vice President of Marketing.  

From 2010 to 2015, the senior executive was Deputy CEO of Orange subsidiary in Senegal (SONATEL). Then, from 2015 to 2018, he was CEO of Jordan Telecom Group (Orange subsidiary in Jordan) before his promotion to COO and deputy CEO for Orange MEA. 

His appointment is in line with Orange Group CEO Christel Heydemann’s ambition to accelerate digital transformation and growth in some key markets and become a multiservice operator. The group has lofty ambitions for most of its markets. It notably wants to boost broadband internet offers and develop the mobile money market.  In the Middle East and Africa region, it is active in segments like health, education, banking, and cybersecurity.  

Muriel Edjo

Posted On jeudi, 26 mai 2022 12:58 Written by

The serial entrepreneur launched several successful projects focused on the African market. Throughout his entrepreneurial career, he has garnered several awards. 

In 2018, Senegalese-born entrepreneur Oumar Basse (photo) co-founded Yobante Express with Badra Badji. A computer scientist by trade, Basse wants to optimize last-mile delivery in emerging markets.

Yobante Express “democratizes last-mile delivery,” and is more affordable, co-founder Basse says. According to the latter, the startup can deliver products from Dakar to other Senegalese regions for as low as XOF1,200.  

From its base in Delaware, USA, his startup operates in Senegal, Ghana, South Africa, and Nigeria. Through its web and mobile platforms, it networks freelance transporters with traders and individuals, creating a trusting environment beneficial to every party. In 2021, it raised US$1.2 million from Grenfell Holdings, Launch Africa Ventures, R-Ventures, Libertad, and a pool of local and international angel investors.  

Oumar Basse holds a master's in distributed information systems (DIS) from Cheikh Anta Diop University (2016), Dakar. He started his professional career one year earlier as a sales agent for PCCI Group, a business process outsourcing multinational. In 2017, he co-founded Nano Air, which developed a remote irrigation system (WIDIM POMPE) allowing farmers to manage their crop watering tasks remotely using their cellphones. In 2018, thanks to Nano Air, Oumar Basse won the second special award at the Agri Startup Summit held in France. 

Melchior Koba

Posted On mercredi, 25 mai 2022 15:55 Written by

In the past eleven years or so, the Minister of the Digital Economy has demonstrated her commitment to digital inclusion in Togo. She piloted several public projects that positioned her country on the list of global digital nations. 

Cina Lawson (photo) is a Togolese politician and currently the Minister of Postal Affairs and Digital Economy. She is one of the three Francophone Sub-Saharan tech actors to be on Rest of World’s 2022 list of the 100 Global tech Changemakers. The recognition celebrates her numerous contributions to the development of the digital sector in her country, Togo.  

Indeed, she joined the Togolese government in 2010 as the Minister of Posts and Telecommunications. On September 7, 2013, she was appointed Minister of the Digital Economy. Since then, she has been piloting the country’s e-government project. She also oversaw the introduction of information technology in the education sector, carried out digital inclusion projects profiting the most vulnerable, and enhanced competition in the telecom market by awarding licenses to two new internet service providers (Teolis SA and Vivendi Africa) in June 2017. In June 2018, Miss Lawson also extended the licenses of telecom operators Moov Togo and Togo Cellulaire, adding 4G to their service spectrum. Months later, she oversaw the privatization of incumbent operator Togocom and updated Togo’s ICT regulatory framework. 

The Digital Minister holds a Diploma of Advanced Studies (DEA) from the Paris Institute of Political Studies (1997). She also holds a Master's in History from Paris-Nanterre University (1998), and a Master's in Public Policy from the Harvard Kennedy School  (2001). She began her professional career at the World Bank in 1998. In the Information and Communication Technology Department in Washington DC, she advised governments on telecom policies, regulatory reforms, and privatizations. She also worked as a consultant for Alcatel-Lucent in Paris and, from 2005 to 2010, she was working for France Telecom SA.

She has received several recognitions for her impact on her country’s ICT sector. In 2016, she was named by Tropics Magazine as one of the 55 actors moving Africa forward. In January 2019, Cina Lawson won the Napoleon Innovation Award, awarded by a professional network dedicated to the promotion of “virtuous, ethical innovation that benefits the many.” The following month, she won the Harvard Kennedy School’s Alumni Public Service Award for her commitment and contribution to the development of the ICT sector. She was thus the first African female politician to win the award since its creation in 1997. 

In October 2021, Cina Lawson received the "Woman of the Year Award" from UC Berkeley’s Fisher Center for Business Analytics for Novissi, the social assistance project implemented through a digital platform to support low-income populations during the  Covid-19 crisis. She was praised for her innovative work in leveraging non-traditional data and analytics to target and distribute emergency financial assistance to the most vulnerable. 

Melchior Koba

Posted On mardi, 24 mai 2022 17:24 Written by

With some 15 years of professional experience in the marketing and finance sector, she wants to address the financing problems faced by innovative entrepreneurs in Africa.  

Fatoumata Bâ is a Senegalese tech entrepreneur and venture capital investor. In 2018, she founded Janngo, an investment firm based in Abidjan, Côte d’Ivoire. Her firm supports and invests in pan-African startups that use technology to boost access to crucial services, products, content, markets, finance, jobs, and talents in Africa.  

Speaking on the reasons that prompted her to create Janngo, Fatoumata Bâ explained that she aimed to create Pan-African digital champions with sustainable and economically viable business models and help address important social problems.

Shortly after its creation, in 2018, Janngo unveiled a digital platform (Jexport) that allows local farmers to sell their products to foreign buyers at affordable prices. In December 2021, the investment firm raised XOF7 billion (US$11.4 million) to fund the African private sector. The funds were raised from the African Development Bank (AfDB), the European Union, and the Organisation of African, Caribbean, and Pacific States. 

Janngo’s founder and executive chair holds a Master’s in Management, Strategy, Marketing, and Finance from Toulouse Business School (2009). Her professional career started in 2007 with Index Multimedia where she was an account manager and business developer. Less than twelve months later, she joined France Telecom as a sales advisor and, in September 2008, she obtained a promotion to a business analyst. 

In March 2010, she was recruited as a senior consultant for the information technology company Atos Consulting. Three years later, she launched the Ivorian subsidiary of Jumia. Fatoumata Bâ became the Managing director of Jumia Nigeria in 2015 before her appointment as the marketing manager of Jumia group in 2016. She is now a board member for SouthBridge Investment Bank and an investment committee member for evergreen investment firm Creadev.  

In 2016, she was on Forbes’ 30 Under 30 list, which lists the 30 most promising under-30 African entrepreneurs. She is also the winner of the 2019 Aenne Burda Award for Creative Leadership and one of the leaders on Choiseul's 2020 list of the 100 African Economic Leaders for Tomorrow.  She is also one of the 20 Africans to be on the Rest of World’s 2022 Top 100 Global Tech Changemakers. This recognition celebrates her extensive professional background and contributions.  

Melchior Koba

Posted On mardi, 24 mai 2022 17:07 Written by

According to the World Bank, up to 65% of the adult population is unbanked in sub-Saharan Africa. In Nigeria alone, some reports estimate the number of unbanked adults to be 59 million. For those reports, the situation is due to several challenges namely the conservative policies and distance to access points. Babs Ogundeyi wants to address some of the problems with Kuda Bank, a digital-only bank.

Babs Ogundeyi (photo) is a young Nigerian entrepreneur and co-founder of Kuda Bank, a digital-only bank. Founded in 2017, the fintech startup was initially named Kudimoney with Musty Mustafa as its co-founder. It became Kuda Bank in 2019, following the obtention of a central bank license,  in line with its ambition to make banking services more accessible to a larger number of the population in Africa. 

Nowadays, via its mobile app, Kuda Bank allows Nigerians to manage their expenses and make savings online without paying maintenance or hidden fees. For its CEO, Babs Ogundeyi, the startup can even offer instant loans to its users provided their salaries are domiciled with Kuda.  

Its co-founder Ogundeyi graduated from Brunel University London with a BA in Business Studies and Accounting. Right after his graduation, he went into the entrepreneurship world (in 2002) by co-founding MotorTrader Nigeria, a classified car ad magazine. One year later, he sold the magazine to a major Nigerian media. Around the same period, he joined PwC Nigeria as an Engagement Manager. In 2010, he left PwC Nigeria to become a partner at investment company Redbrick Ltd. 

Some months later, he became the Oyo State government’s special advisor on finance. In the five years he spent in that position, he piloted the state’s largest-ever bond issue (NGN55 billion), advised on several fiscal policies, and set public and private partnerships. 

Two years later, he resumed his entrepreneurship career with Kudimoney, which later became Kuda Bank. In 2021, the tech entrepreneur secured US$55 million series B financing to boost his startup’s presence in Nigeria. The Series B round raised the volume of investments attracted by Kuda Bank since 2019 to US$91.6 million and its value to US$500 million. At the time, Babs Ogundeyi said that Nigeria was an important market to be conquered before thinking about any international expansion. 

Melchior Koba

Posted On lundi, 23 mai 2022 16:09 Written by

Currently, Anis Sahbani is an associate professor at the Sorbonne University Pierre and Marie Curie Campus. With his expertise in robotics, he is making his company, Evona Robotics, a pioneer in Africa’s robotics industry.  

Anis Sahbani (photo) is a Tunisian entrepreneur,  Associate-professor, and robotics specialist. In 2014, he founded Enova Robotics, a company that specializes in robot design and manufacturing. 

One of the well-known robots designed by Anis Sahbani is probably PGuard, a fully automated security robot. Initially created for use on industrial sites, airports, and border zones, it is now used by the Tunisian Ministry of Interior to maintain public order. During the coronavirus health crisis, the government used it to enforce lockdown rules.  In 2020, speaking on the use of robotics and artificial intelligence to curb the spread of the coronavirus pandemic, the robotics specialists explained that robots could be intermediaries protecting humans against possible contaminations. 

In a bid to show PGuard’s utility outside the security segment, Sahbani is gradually introducing those robots in the social sector. He also developed Vaesense, a contactless patient monitoring robot. His startup also created MiniLab, an education robot to be used by universities and research labs in teaching robotics. 

Enova Robotics is the result of several years of field experience. In 1998, after his electrical engineering degree at the National Engineering School of Tunis (ENIT),  in Tunis, Anis Sahbani enrolled at the Paul Sabatier Toulouse III University, France, where he got his Ph.D. in robotics in 2003. In 2014, he became an associate professor at the Sorbonne University Pierre and Marie Curie Campus.  The same year, he founded Enova Robotics, which won the pitch fest InvesTech 2021 organized by the US embassy in Jordan in partnership with SelectUSA. This award opened doors to the startup for the SelectUSA virtual summit held in June 2021. 

Melchior Koba

Posted On lundi, 23 mai 2022 16:00 Written by
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