On 12th May 2005 when Alex Bram, Ernest Apenteng and Leslie Gyimah set out right after college on the mission of making Short Messaging System (SMS) a business communication tool under the auspices of SMSGH, least did they know that in 2025 they would be celebrating their 20th anniversary as Hubtel – an e-commerce platform …
“I am not African because I was born in Africa but because Africa was born in me.” Among other philosophies, these timeless words from Kwame Nkrumah, Africa’s independence revolutionary and the first president of Ghana, underpin the growing drive by Caribbeans, Black Americans, Afro Latinos and other members of the diaspora to rediscover their African …
Business Growth Between Africa and the Diaspora: An Emerging Revolution Read More »
Ecobank Transnational Incorporated (ETI), better known as Ecobank is a multinational African enterprise in the banking sector started in Lome, Togo with current operations in 36 African countries and representative offices in London, Paris, Beijing and Dubai. Shares of the pan-African banking conglomerate are traded on the Ghana Stock Exchange (GSE), Nigeria Stock Exchange (NSE) …
On January 29, 2025, Nigerian remittance fintech LemFi announced the acquisition of Irish currency exchange platform Buttercrane in a strategic move to expand its services across Europe. The deal, approved by the Central Bank of Ireland, grants LemFi an Irish license, allowing it to operate in the European Economic Area (EEA). This is not LemFi’s first foray …
On 10th January 2025, Star Assurance, a great example of a multi-generational family business, launched its 40th anniversary celebration. The company was founded in 1985 by Dr. Kwabena Duffuor, who handed it over to his son, Kofi Duffuor, who, after running the company for several years, handed it over to the current CEO, Panin Boatemaa …
General Electric, Coca Cola, Colgate-Palmolive and other industry leaders have been around for more than a century and remain competitive in their respective markets. Today, we investigate why such entrepreneurial feat is rare in Africa and why less than one percent of businesses founded on the continent outlive their founding generations. First, African entrepreneurs seldom …
Building Multi-Generational Multi-National African Tech Corporations Read More »
Chanzo is a Swahili word for “early stage” or “beginning,” a brand chosen by the firm to highlight our unique ability to help founders with smart new ventures into commercially viable businesses. So it came to pass that in the beginning, Angel Fair Africa (AFA) was a precursor to Chanzo Capital (CC). After a successful …
Chanzo Capital @ 10: Conviction, Execution Risk and Leap of Faith Read More »
Nairobi, Kenya – 30th October 2024: Thomas Festerling, CEO of Greentec Capital, Germany, Achumboro Ataande, Angel Investor and CEO of Attaande and Advisors, USA, Mia von Koschitzky–Kimani, Managing Partner of Future Africa, Nigeria and Rodrique Msechu, CEO of Serengeti Angels, Tanzania would consititute the Angel Investors Panel moderated by Abigail Komu of Nairobi Business Angel Network (NaiBAN), Kenya on …
Investors, Entrepreneurs and Transitions Panels @11th Angel Fair Africa Read More »
Nairobi, Kenya – 24th October 2024 – Roselyn Spencer, Former Chief Investment Officer of the $3B Baltimore City Employees & Elected Official’s Retirement Pension Fund will be the second keynote for the highly anticipated 11th Angel Fair Africa from 7th to 8th of November 2024. During her tenure, she successfully diversified the fund’s porSolio across …
Roselyn Spencer is second keynote for 11th Angel Fair Africa Read More »