TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of its second Africa Tech Female Founder Summit, which will be held virtually on Tuesday 27th October 2020.
Building on the success of its inaugural event in 2019, TLcom has launched a call for applications for female tech founders across Africa to attend this year’s virtual Summit, which features speakers from across Africa’s tech scene including Hilda Moraa of Pezesha, Wambui Kinya of Andela and Fara Ashiru Jituboh of Okra.
Themed “Reset – Survive – Thrive”, the second Female Founder Summit will equip female tech founders to achieve commercial success and scale in the long-term despite the impact of the global pandemic. With a number of panel sessions and workshops scheduled, the event will gather female entrepreneurs from across the continent to experience the power of connecting, learning from and being a resource to each other. There will also be an opportunity for attendees to receive business and fundraising advice directly from investors at TLcom, Aruwa Capital and the IFC (International Finance Corporation), during a newly-launched “Ask Me Anything” Q&A session.
Speaking on the event, Omobola Johnson, Senior Partner at TLcom Capital, says, “For the African entrepreneur, resources and support are limited in comparison to other regions but as a sector, we must address the tough reality that this is even worse for female entrepreneurs on the continent. With this in mind, the second Female Founder Summit is a firm commitment from TLcom that we cannot and will not ignore these discrepancies. We want to play our part in levelling the playing field and through the Summit, we continue to establish a network for Africa’s most thoughtful and innovative female founders to access strategic and operational support as they push to achieve massive value generation.”
TLcom’s inaugural Female Founder Summit was held in October 2019 in Lagos as a closed event with 50+ female tech entrepreneurs and executives in attendance. Key speakers at the event included Funke Opeke of Main One, Odunayo Eweniyi of Piggyvest, Miishe Addy of Jetstream and Isis Nyong’o of Mum’s Village and the event is set to return for its second year with an exclusive focus on female founders within African tech.
Andreata Muforo, Partner at TLcom Capital, adds “We know only too well the benefits of a diverse ecosystem, not only due to the fact that half of our senior team is female, but also through the quality of female entrepreneurs we’ve engaged with over the last years. We recently invested in a female-led startup in Okra and we view the second Female Founder Summit as a robust commitment towards strengthening our pipeline of female founders.”
“Founders who attended last year’s Summit have shared how they have been collaborating after the event as mentors, clients, service providers to each other, and even merging of companies between two of the attendees. Our focus this year will be ensuring the next crop of female entrepreneurs emerge to become even more empowered to execute the next phase of their business strategies.”
TLcom’s TIDE Africa Fund, which is one of the most active funds across Sub-Saharan Africa, secured an additional $31mn investment in February 2020, bringing its total to $71mn. In recent months, the VC firm has reiterated its commitment to investing in African tech despite the impact of COVID-19 and is set to announce new investments in the next few months.
Currently, TLcom manages total commitments of approximately 200mn USD and holds eight African startups in its portfolio including Andela, Ajua, Kobo360, Okra, Shara, Terragon Group, Twiga Foods and uLesson. With an on-the-ground presence in Kenya and Nigeria as well as offices in the UK, the firm invests across all stages of the venture capital cycle and a wide range of industries including agriculture, education, data analytics and logistics.
NCC, NITDA Chiefs, Others Confirm Attendance for CEO Impact Forum
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, and Director General of the National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa Abdullahi will attend the 2020 edition of the Nigeria ICT Impact Forum (NIICF).
These personalities will join other confirmed high-profile speakers for the event which will hold on November 27, 2020, at the Oriental Hotel Lagos.
Dr. Isa Patanmi. Hon. Min. of Communications & Digital Economy
According to a statement from the organiser and signed by Mr Tayo Adewusi, NCC CEO will deliver the keynote while the NITDA DG will present one of the Lead papers.
The annual event themed 5G: the Future is Here will attract government officials, regulatory bodies, industry players, and all the crème de la crème in the country’s tech space.
Prof. Umar Danbatta, EVC, NCC
Other confirmed speakers include the CEO of VDT, Engr. Biodun Omoniyi, the President of Medallion Communication, Engr. Ike Nnamani, the CEO of MTN, Ferdi Moolman, the Managing Director of Inlaks, Africa Operations, Engr. Femi Adeoti.
Others are the Managing Director of Galaxy Backbone Limited, Prof. Muhammed Abubakar while the Minister of Communications and Digital Economy, Dr. Isa Pantami is the Special Guest of Honour at the event while the Lagos State Governor, Mr. Babajide Sanwo-Olu is the Chairman and Chief Host.
Mr Kashifu Inuwa Abdullahi, DG, NITDA
Other dignitaries expected at the event include the Plateau State Governor, Rt. Hon. Simon Lalong who is the co-Chairman and the Governor of Nasarawa State, Engr. Abdullahi Sule is the guest governor. The Editor-in-Chief of ICT Watch Magazine, Adewusi, said the Impact CEO Forum is envisioned as the foremost impactful meeting of top-level executives to assess the impact of ICT on their businesses and make projections into the future.
Tayo Adewusi. Publisher ICT Watch Magazine & Events Convener
“It is a must-attend event for those interested in the deployment of ICT to improve efficiency and productivity. This year’s event in keeping with Covid -19 social distancing protocols, it will strictly by invitation and other guests can join via various social media platforms to be provided”. Adewusi added that the event will hold concurrently with the Africa Digital Awards (ADA), through which the distinguished individuals, government agencies, state governors who have been “using the potent power of ICT” to execute differently ideas would be honoured.
He said the Impact CEO Forum offers an opportunity to expand the business network of “contacts, identify potential partners and share experiences and valuable time”.
NITRA Forum 2020: ATCON, GBB, NITDA, Spire Join Innovation Train
- As Association Releases Speakers Line-up
All is set for the 2020 edition of the annual Innovative Forum being organized by the Nigeria Information Technology Reporters Association (NITRA).
This year’s edition, which will hold as a Webinar due to the effect of the COVID-19 pandemic, is slated for Wednesday, October 14.
A statement from the NITRA Secretariat states that more partners have signed up for the event which will discuss the needs for a fortified ICT sector during and after the COVID-19 period, and the level of preparedness of ICT stakeholders to embrace the challenge of being pivotal to the stability and growth of all other sectors.
With the theme, “Multi-stakeholder Approach To National Recovery Post-Pandemic”, the event will further look at what the ICT industry is doing to cushion the effect of the pandemic and what measures are being put in place to reposition it for post-pandemic challenges.
According to the National Secretary of the Association, Mr. Chidiebere Nwankwo, ‘NITRA Innovative Tech Forum’ is an annual event by NITRA, and a contribution by the ICT media Association to the development of Information and Communication Technology (ICT) innovations and policies in Nigeria.
He said participants are expected to log in to https://events.vmeetsworld.com/registration/26651305 to register and be part of the Webinar dialogue.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami will be the Special Guest at the Webinar, while the Executive Vice chairman/Chief Executive Officer of the Nigerian communications Commission (NCC) Prof. Umar Danbatta will deliver the Keynote Speaker
Other speakers at the Webinar will include Director-General, National Information Technology Development Agency (NITDA), Inuwa Kachifu Abdullahi; Chairman, Association of Licensed Telecommunication Operators of Nigeria (ALTON), Engr. Gbenga Adebayo; President, Medallion communications, Ike Nnamani and Co-founder, Digital Encode, Dr. Obadare Peter Adewale.
Others are President, Association of Telecommunication Companies of Nigeria (ATCON), Olusola Teniola; MD/CEO Galaxy Backbone (GBB) Limited, Professor Muhammad Abubakar; Managing Director, CloudFlex, Aderemi Adejumo and Commercial Director, Spire Solutions, UAE, Sapan Agarwal.
It is expected that NITDA’s Director-General, Dr. Kashifu Inuwa, will, at the session, provide insight into its numerous developmental activities geared towards giving Nigeria a formidable regulation in IT.
NITDA’s role is to develop, regulate and advise on Information technology in the country through regulatory standards, guidelines and policies. Additionally, NITDA is the clearing house for all IT projects and infrastructural development in the country.
ATCON’s participation will bring to the fore, the contributions and challenges of telecom companies who are members of the Association.
Galaxy Backbone’s Managing Director, Prof. Abubakar will also take participants through the various plans company has developed to reposition government Ministries, Departments and Agencies for the digitisation ahead.
Galaxy Backbone is the information technology and shared services provider of the Federal Government of Nigeria. It has n over a decade since its inception, also provided series for the private sector businesses.
Spire Solutions is a trusted IT security solutions distributor and services provider. A leader in Information Security Solutions and Services in the MENA region, Spire holds exclusive distribution rights for the world’s best-known security solutions.
Along with its partner, Vmeets, Spire Solutions has partnered to provide a secured interactive platform for the event.
Nigeria SME Owners Laud MTN’s Revv Initiative
Small business owners participating in the ongoing Revv Programme, an SME capacity development initiative by MTN Nigeria, have commended the ICT company for equipping them with essential skills required to scale their business and position it for growth in a post-COVID environment.
The Revv Programme was created to reach over 10,000 small business owners using a four-pronged approach, which includes masterclasses, access to new markets, productivity tools support and expert advisory. Through the programme, MTN Nigeria aims to help entrepreneurs rethink and retool their businesses in order to mitigate the effects of the COVID-19 pandemic.
The programme was launched on August 18, 2020 and was attended by the Honorable Minister of Communications and Digital Economy, Dr. Isa Patanmi; the honorable Minister of Industry, Trade and Investment, Adeniyi Adebayo; the Chief Executive Officer, MTN Nigeria, Ferdi Moolman; the Chairman, MTN Board of Directors, Ernest Ndukwe; among other dignitaries.
Chief Executive Officer, MTN Nigeria, Ferdi Moolman while speaking at the launch event called on large corporates to join MTN and “position themselves to support SMEs who are essential to economic growth as we go into 2021 and beyond”, adding that, “the Revv Programme is our way of standing with SMEs in their journey to rise through these challenging times.”
Commending the initiative, a fashion entrepreneur Taiwo Amao joined one of the virtual masterclasses from Ibadan. In her comment, she said, “I am very grateful to MTN for this opportunity”. Taiwo’s business helps women build their self-confidence while promoting the African culture. She joined the masterclass to learn how to upscale her business to positively impact the wider society.
Another participant, Grace Akpala, a digital marketing entrepreneur based in Lagos thanked MTN for the opportunity to learn new skills that will increase her business output. In her words, “thanks to MTN for this wonderful opportunity to learn and put into practice for better output in my business.”
A total of nine masterclasses will be delivered by MTN executives and industry experts after which 200 will be selected to join MTN’s Y’ello 200 accelerator programme, giving them exclusive access to a broad range of technology-driven tools and services.
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