Africa

Senegal Based Teranga Solutions Merges With European HotelOnline

Traveltech startup, Teranga Solutions which has extensive operations in Senegal, announced its merger with HotelOnline recently, in a press release. Teranga which is headquartered in Washington DC is founded by Moustapha Ndoye and his brother Alioune Ndoye. The company was recognized as one of the most innovative startups in the continent in 2013 by Demo Africa. The companies, in their official statement, clarified that individually they …

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Why a new model is needed for investing in African tech startups

BY TOM JACKSON ON NOVEMBER 27, 2018 Traditional models for investing in early-stage businesses do not work in Africa, and investors need to rethink how they do things when backing startups on the continent. That is according to panellists discussing investing in African startups at the recent startup-dedicated AHUB eventheld at the AfricaCom conference in Cape Town, who said …

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African entrepreneurs can lead next “decade of creativity”

BY GABRIELLA MULLIGAN ON NOVEMBER 14, 2018 Entrepreneurs can lead the coming “decade of creativity” in Africa, if the continent learns to own its unique characteristics, and investors step up to support the ecosystem, according to Eric Osiakwan, managing partner at Chanzo Capital. Speaking at the startup-dedicated AHUB event, held at pan-African tech conference AfricaCom in Cape Town, Osiakwan …

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“Move over Asia, it’s Africa’s time now”

Asia has had its time, and the next big destination for investment and innovation is Africa, most specifically in the continent’s tech space. This is according to Eric Osiakwan, managing partner of Chanzo Capital, an early-stage micro-VC firm investing in high-tech startups in Kenya, Ivory Coast, Nigeria, Ghana and South Africa. Osiakwan was speaking during …

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The KINGS of Africa’s Digital Economy

“I wanted to be here because Africa is on the move…young people are harnessing technology,” were the words of president Barack Obama when he opened the 6th Global Entrepreneurship Summit (GES) in Nairobi, Kenya last year. The “Africa Rising” narrative is underpinned by an “Africa Tech Rising,” jumpstarted by pervasive connectivity as a result of …

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How Mobile Is Sparking Creativity in African Business

Chanzo Capital is an early stage micro-VC firm that provides capital and mentorship to high-tech startups in Kenya, the Ivory Coast, Nigeria, Ghana and South Africa (the so-called KINGS of Africa’s digital economy). Eric Osiakwan, managing partner of Chanzo, is a tech entrepreneur and angel investor with 15 years of ICT (information and communications technology) …

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