HoaQ

HoaQ is a community of creators and operators backing entrepreneurs in building scalable businesses for Africa and its Diaspora. Get updates and stay in touch. Sign up for our newsletter and learn more here - hoaq.co 🚀 #HoaQ #Community #Investors #Founders #Startups #Africa

We’re excited to share that we’ll be at this year’s Africa Tech Festival in Cape Town, where Joe K., will be on a panel discussing the critical role of cross-border payments within Africa—a shift that could unlock up to $1 trillion in additional GDP for the continent. 📅 Date: 12th November 🕒 Time: 2:45 - 3:45 PM Joe will join Darren Franks, Precious Baidoo, Nkiru Uwaje and Christian K. to explore: Policy Solutions: How governments can accelerate intercountry payment systems to boost intracontinental trade. Inflation & Currency Devaluation: The impact of economic shifts on cross-border payments and ways to address them. Distribution Networks: How businesses can work with distribution networks to streamline costs and enhance payment infrastructure. A huge thank you to Wimbart for including us in this critical conversation! Will you be at the Africa Tech Festival? Let’s connect! Get your tickets: https://lnkd.in/eTFavGyh

Profitability doesn’t have to come at the cost of sustainability, see how conscious choices can drive growth and impact. Watch the full video here- https://lnkd.in/dqfu9Gsk #HoaQAMA

#NewsWeLove 🌍 Congratulations to the Rayda team and their founders Ogochukwu Francis Osifo & Dan- Duggan for getting into Techstars! We’re thrilled to see Rayda take this exciting step in their mission to simplify device equipment, management, and retrieval for companies across emerging markets. With their acceptance into Techstars, Rayda will continue breaking down barriers that hold businesses back from equipping remote teams worldwide. Learn more: http://rayda.co/ #HoaQ #Rayda #Portco

🎥 The playback of our October AMA session with Yewande Odumosu and Labake Ajiboye-Richard is now live on YouTube! Explore their insights on sustainable business models for African markets. Watch the full video here: https://lnkd.in/da3YcBqz #HoaQAMA #AfricanMarkets #Entrepreneurship

💰 Operating a local distribution or manufacturing business is hard and capital intensive. I know this because I have tried it before. These businesses have heavy-document workflows. Their suppliers and customers send them purchase orders or sales orders via multiple channels like Email, WhatsApp, SMS, Phone calls, Voicemails, paper etc. Their teams of data-entry clerks or sales managers spend countless hours entering this data in their ERP systems so as to process and fulfill the orders. It's very labor intensive, error prone & capital intensive. This is the story I shared last week at the Big Angels Day Africa conference in Dakar with stakeholders. I showcased how the Logistify AI Assistant is helping local distributors and manufacturers automate entry of sales orders and purchase orders into their ERP systems. See how it works: https://lnkd.in/dpugBMvd --- Thanks to Joe K. from HoaQ Ventures for nominating me to pitch. 🙏 Thanks to Marième Diop and her team at Dakar Network Angels (DNA) for sponsoring my trip and organizing a great event. Looking forward to the next one. 👏 #AIAssistant #AIAgents #GenAI #SupplyChain

So what’s going on in the African startup, tech & investment ecosystem? Here are a few announcements, opportunities & resources worth checking out. Week 44 (2024) Post #109 Links in 1st comment - reference emojis👇 SPOTLIGHT 🧐 Nigeria’s Moniepoint Group achieved unicorn status with a $110 million investment, including backing from Google’s Africa Investment Fund, underscoring the strength of Africa’s fintech industry. Gbite Oduneye of ODBA highlights "scalability, market fit, and a strong team as key factors for startup success". Moniepoint plans to use the funds to expand its services, aiming to create a comprehensive platform for businesses across the continent. NEWS & RESOURCES 🤑 Edge Growth, a South African investment firm, secures major funding.. 🇳🇬 Nigerian fintech startup, Traction Apps, acquired in all-stock deal. 💵 Google announce $5.8 million investment in Workforce AI training for Africa. 🇨🇦 Nigeria's Bamboo, a YC-backed investment app, expands into Canada. 💰 Big VC news with Janngo.africa Capital closes $78 million 2nd Fund. 📖 Marie Lora-Mungai discusses creative Infrastructure, DSTV’s & more.  📊 Exploring Africa’s creator Economy Report summarised by Axel Peyriere. 📺 Watch the Sustainable African Business Model Webinar from HoaQ. 👗 The Business of fashion: Blueprint for local value chains in Africa. 👏🏽 Congrats to Babacar Seck on the launch of Askya Investment Partners. PROGRAMMES & OPPORTUNITIES 💡 Askya Investment Partners hiring a Venture Partner/Principal in Cape Town. 🇿🇦 Startup Club ZA SA Startup Awards open with 11 categories this year. 🚀 JICA NINJA Accelerator - Africa: Open Innovation open for apps in SA. EVENTS 📅 Tues 4th-6th : AVPA Conference, Nairobi, Kenya. 📅 Tues 5th-8th: AfriLabs Annual Gathering, Cape Town, South Africa. 📅 Wed 6th: Earth Shot Prize Awards, Cape Town, South Africa. 📅 Wed 6th: Navigating non-tech investment opportunities [Webinar]. 📅 Wed 6th: Future Africa-Europe Summit, Brussels, Belgium. 🇿🇦 Over the next month Cape Town will play host to the Pan-African Tech & Investor Ecosystem for several key events & we put together a live calendar for it. 👉 To find out more about Africa Tech & Investment focused events then check out my annual African Tech Events Watchlist - 2024 Edition. 🔥 Person to Follow #74 – Deepali Nangia is a partner at Speedinvest, helping lead fund activities across Africa. She is also a co-founder of Alma Angels, Europe’s largest women focused Angel community. She is also currently on the selection committee for African Emerging Fund Manager programme, Obuntu Foundation & was awarded Linklater’s ‘2024’s Pioneering Woman of the Year’. 🎙️ @BuiltTough is the podcast hosted by Victor Basta. Each week, he hosts Africa’s leading operators to talk to them about business & starting up in Africa. This episode he talks with Gbenga Ajayi, a partner at QED Investors, to discuss Africa’s evolving fintech landscape. #Startups #Tech #Investment #Africa

We’re thrilled to share that our Portco Kunda Kids was recently featured on CNN African Voices Changemakers! 🎉 For years, African children have turned to Western content for their educational and entertainment needs. However, Kunda Kids, along with fellow creators Jeni & Keni, is transforming this narrative through the power of animation. Their mission? To teach essential life lessons and celebrate African culture, ensuring that children can connect with stories and values that resonate with their own experiences. Watch the full video here -https://lnkd.in/d9vFcK_E Not a member of our community? Visit www.hoaq.co to sign up #HoaQ

Join us for an insightful discussion on 'Sustainable Business Models Tailored to African Markets' with Labake A. Richard and Yewande Odumosu. Africa’s business landscape presents opportunities and challenges for founders and investors alike. In this AMA session, we’ll explore sustainable business models designed specifically to thrive in African markets.

Join us for an insightful discussion on 'Sustainable Business Models Tailored to African Markets' with Labake A. Richard and Yewande Odumosu. Africa’s business landscape presents opportunities and challenges for founders and investors alike. In this AMA session, we’ll explore sustainable business models designed specifically to thrive in African markets.