Hello people. It’s that time of the month again. We are back with another episode of Afritech Verified! On this month’s episode, our host, Towsyn Omowole takes us on a journey to Lagos, Nigeria, where she speaks to Tunde Kara, CEO of one of Africa’s fastest-growing Agritech startups, Vendease, which has been coined the “Amazon Prime” for restaurants.
Vendease Africa is a platform that makes procurement easier and more transparent for hotels and restaurants in Africa. On the Vendease platform, food businesses can order anything they want at competitive prices. This is done by connecting food businesses directly to farms and food manufacturers. Although the company serves hotels and restaurants, they are also providing an opportunity for smallholder farmers to increase their income.
Residents of Nigeria’s most popular and most populous city, Lagos, may have heard of the famous EatDrinkFestival that happens every December but they may not know the trailblazers behind it.
At a time where eating out at fancy restaurants was becoming a norm in Lagos, Nosa Oyegun and Folayemi Agusto or Nosa and Folly as they’re fondly called, created the popular Eat.Drink.Lagos (EDL) blog to visit, review and rate Lagos-based restaurants. The platform quickly became the go-to platform for Lagos foodies to find out about the good, the bad and the ugly of the city’s food scene. Now, EDL isn’t just a blog, it is a high tech platform where visitors and residents alike can search for places to eat in Lagos, based on different search parameters.
White Founder Privilege in Africa, Nigeria Shuts Down Twitter, Malawi’s World First 3-D Printed School | The Round-up
Hello and welcome to another monthly news roundup of the most exciting developments shaping the African tech startup space. As usual, we have lined up some exciting news from the continent, to keep you up to date with current affairs in the African business and technology ecosystem. This month we explore the business cost of media censorship in Nigeria, the persistence of investors favouring White founders as well as news from Airtel, Bolt, and Helium Health, amongst others. Here’s the roundup.
We’re back with another unmissable episode of Afritech Verified! On this month’s episode, our host, Towsyn Omowole spoke to chartered accountant turned African tech investor, Joe Kinvi. Joe co-founded African tech investment firm, HoaQ, alongside his partner, Nubi Kay who he met whilst working at global payments company, Stripe.
HoaQ club is a community of creators and operators backing entrepreneurs in building scalable businesses for Africa and the diaspora. HoaQ club boasts over 300 community members and have investors across 14 different countries. The company is focused on early stage startups serving Africa and the diaspora.
Joe is of Togolese heritage, however he grew up in Dublin, Ireland. After studying Accounting and Finance at Dublin Institute of Technology, he began his career at one of the world's big four accounting firms, Ernst and Young. After leaving EY, he joined State Street to build the internal auditing department. This was where he got the initial startup bug. From there he joined other startups including Touchtech Payments, which eventually got acquired by Stripe, where he still works to date.
During our chat, he takes us through his successful career growth, the experiences that inspired the creation of his company HoaQ, as well as what it’s like having a world-class co-founder.
Finally, he gives us his thoughts on Africa’s fintech revolution, the continent’s new unicorns and the potential for Africa’s tech ecosystem.
Joe believes that “if you missed out on investing in bitcoin in 2011, don’t miss out on investing in Africa in 2021”. This is what his company, HoaQ, is enabling - the African tech revolution.
You can connect with Joe Kinvi via LinkedIn or Twitter.