Saturday, January 29, 2022

Applications open for TLcom’s exclusive summit for African Female Tech Founders

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, addsWe 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.  


Leave a Reply

Dickson Otieno
I love reading emails when bored. I am joking. But do send them to

More to read:

How Much Does Website SEO Cost?

SEO (search engine optimization) has become a critical component of digital marketing.  However, some small enterprises still overlook it

Cybersecurity firm Acronis opens Cloud Data Centre in South Africa

Swiss Cybersecurity firm, Acronis, has announced the launch of a new cloud data centre in Johannesburg, South Africa.

Zamara is partnering with Boda Boda association to drive financial inclusion

Zamara Group, a financial service provider in the Kenyan market, has announced partnership with the United Boda Boda association.

TLcom secures $70M for its $150M Africa Tech Fund

TLcom has announced the first close worth $70 Million for its $150 million Africa-focused tech fund with second close expected later in 2022

Severus launches limited edition “African Hero” NFT collection

The NFT collection depicts the North African, Septimius Severus(AD145 - AD211)  during his reign as the Roman emperor from AD193 to AD211

ByBit launches NFT Market place

The NFT Marketplace, ByBit promises, is set to become a one-stop shop that will bring together artists, creators and collectors.