Telecom
Renda Hits $1M Revenue Pre-Funding, Disrupts Logistics Model in Africa
Renda, a fast-growing logistics and embedded services company, has revealed it crossed the $1 million revenue mark before securing any external funding, a rare milestone for early-stage African startups in the logistics and tech space.
“We had surpassed $1 million in revenue before raising external capital,” said Ope Onaboye, Co-founder and CEO of Renda. “That milestone wasn’t just a financial achievement, it validated our product-market fit, operational model, and the size of the problem we’re solving.”
Renda operates an asset-light, tech-enabled logistics platform serving both enterprises and mobility operators.
Through its Fulfillment and SCALE business lines, the company connects businesses to warehousing, last-mile delivery, vehicle maintenance, and embedded financial services, without owning a single warehouse or truck.
Since its launch, Renda has supported over 700 businesses across Nigeria & Kenya, including major names in e-commerce, retail, agriculture, and manufacturing.
The company’s embedded approach, where logistics and essential services are bundled into a single platform, has made it a preferred partner for businesses seeking efficiency in fragmented markets.
The company’s growth trajectory, achieved pre-funding, reflects strong demand and operational discipline. “We focused on real customer problems, monetized early, and scaled sustainably,” said Onaboye. “Now, we’re investing in technology and talent to replicate this success across more emerging markets.”
As Renda expands its reach beyond Nigeria & Nairobi, its profitable foundation and scalable model are drawing attention from investors, ecosystem stakeholders, and partners seeking to build resilient logistics and mobility infrastructure across Africa and other underserved regions.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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