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TLcom 4th Africa Tech Female Founder Summit to Focus on Scaling Tech Businesses

TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of its fourth annual Africa Tech Female Founder Summit, which will be held on Wednesday 9th November 2022 in Nairobi, Kenya.
The headline session will feature a fireside chat with Meg Whitman, US Ambassador to Kenya and former CEO of eBay and Hewlett-Packard, who will discuss her global experience scaling technology businesses.
Themed “Dare to Do: The Scale Mindset”, the 2022 Africa Tech Female Founder Summit will deliver expert insights on navigating the journey to scaling tech businesses, strengthening TLcom’s existing work in establishing a vibrant community of female tech founders in Africa who can learn from and support one another.
For the event’s keynote address, Odunayo Eweniyi, Co-Founder and COO of Piggyvest, will share her scale journey of building Africa’s largest wealthtech company, which will be followed by a panel discussion on leveraging operations, people and finance to scale sustainably.
Rose Goslinga of insurtech leader, Pula, will also deliver a masterclass on OKRs. The Summit will also feature female C-suite executives and founders from Africa’s leading tech companies including Adia Sowho of MTN Nigeria, Radhika Bachu of Ndovu and Tebogo Mokwena of Akiba Digital
With the Summit’s format this year back to in-person, TLcom has now opened up applications for female tech entrepreneurs across Africa and the Diaspora to attend.
Speaking on the event, Omobola Johnson, Senior Partner at TLcom Capital, says, “This year’s Summit will tackle head-on some of the challenges female founders face, while moving the conversation on to actionable strategies for scaling their businesses.
“The prospect of scaling for women entrepreneurs can often prove daunting due to the obstacles that arise, severely limiting their business growth. We are actively challenging our attendees to be bolder and even more ambitious, in a bid to combat this.”
“Considering the growing number of female-led, tech-enabled businesses on the continent with potential for huge economic upside, it’s time to break this cycle. With the right strategic support, we firmly believe this emerging class of female-run startups can ultimately challenge the status quo in becoming Africa’s next generation of unicorns.”
Over 150 female tech entrepreneurs have attended previous editions of the Summit with last year’s event held virtually, featuring a keynote session from Julia Gillard, former Prime Minister of Australia and Chair of Andela. The 2022 conference will also be complemented by a networking cocktail event with investors, corporates and other tech ecosystem players.
Andreata Muforo, Partner at TLcom Capital, adds “As the Female Founder Summit enters its fourth year, we’ve been privileged to experience the growth of founders within our community and as their companies continue to evolve, it’s vital we rally support to fully leverage this next stage of their journeys.”
“For many of these entrepreneurs, they are entering into a critical growth phase for the first time and our goal is to equip them with a playbook from each other and seasoned business leaders who have travelled this journey before so they can become the next crop of African founders achieving massive value generation for the continent.”
TLcom’s $150mn TIDE Africa Fund II, which is one of the most active funds across Africa, boasts a leadership team which is 60% female following its recent appointment of Eloho Omame as a Partner in June 2022.
The firm has actively supported female founders not only through its annual summit, but notably through its track record of investing in some of Africa’s top female-led startups such as Okra and Pula.
Earlier this year, TLcom also doubled down on its drive to address the severe funding gap for Africa’s female tech entrepreneurs with a $2mn co-investment commitment to support the launch of FirstCheck Africa’s debut $10mn fund.
Currently, TLcom manages total commitments of approximately $350mn and holds fourteen African startups in its portfolio including Andela, Ajua, Autochek, Ilara Health, Kobo360, Okra, Pastel, Pula, Seamless HR, Shara, Terragon Group, Twiga Foods, uLesson and Vendease. 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.
TLcom also invests across a wide range of industries including agriculture, education, fintech, data analytics and logistics targeting high-growth, tech-enabled startups across Africa.
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Anambra Shines in 2025 E-Governance Rankings, Setting National Standards

Anambra State has once again demonstrated its leadership in digital transformation, emerging as one of Nigeria’s top three states in the 2025 e-Governance Report published by the Panorama CIAPS Governance Performance Index (CGPI).
According to the report — a collaborative effort between Nigerian Panorama and the Commonwealth Institute of Advanced Professional Studies (CIAPS) — Anambra ranks alongside Lagos and Enugu as the leading states in adopting and implementing e-governance practices that foster accountability, transparency, and improved service delivery.
In his remarks, Professor Anthony Kila, Director of CIAPS, emphasized the importance of e-governance in shaping how governments interact with citizens. “The centrality of e-governance allows us to assess the performance of state governments in the country. How the government treats the digital world says a lot about them,” he said.
The report evaluated states based on a comprehensive set of criteria, including website security, up-to-date content, public engagement, availability of online services, policy updates, and user accessibility. Anambra’s performance reflects the state’s deliberate investment in digital infrastructure and its commitment to leveraging technology as a tool for inclusive governance.
Reacting to the recognition, the Managing Director/CEO of the Anambra State ICT Agency, Chukwuemeka Fred Agbata, CFA, described the report as a welcome validation of the efforts being made under the leadership of Prof. Charles Chukwuma Soludo, CFR, to reposition Anambra as a liveable and prosperous smart mega-city.
“This is not just about being tech-savvy,” Agbata said. “It’s about using digital tools to create real impact — making the government more accessible, responsive, and transparent. Anambra is building a digital future that works for everyone.”
The CGPI Report recommended that all states intensify efforts to train public servants, maintain digital platforms effectively, and build user-friendly systems that keep citizens informed and empowered. For Anambra, this recognition serves both as a milestone and a motivation to scale new heights.
As the journey continues, Anambra remains focused on setting the pace for e-governance in Nigeria in line with the Governor’s mantra of Everything Technology & Technology Everywhere.
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SERAP Urges National Assembly to Reject Tinubu’s $24Bn Loan Request Over Debt Concerns

Socio-Economic Rights and Accountability Project (SERAP) has urged the National Assembly to reject the Tinubu administration’s request to borrow $24 billion, warning that the move would significantly deepen Nigeria’s debt crisis.
In a statement posted on its official X account, the advocacy group warned that the proposed borrowing would raise Nigeria’s total debt stock to an estimated ₦183 trillion—an amount it described as “clearly not sustainable and not in the public interest.”
“The National Assembly must immediately refuse to approve the Tinubu administration’s request to borrow $24 billion,” the group said. “The growing national debt is not sustainable and not in the public interest.”
SERAP expressed concern over the heavy burden of debt servicing, which it said is already consuming a substantial portion of government revenue, leaving little room for critical public investment.
Nigeria’s total public debt is projected to surpass ₦180 trillion following the president’s latest loan request. The borrowing plan includes a proposal for over $21.5 billion in external loans, which equates to ₦33.39 trillion at the official exchange rate of ₦1,590 per dollar. The administration is also seeking approval for a domestic bond issuance worth ₦757.9 billion to settle outstanding pension liabilities.
President Tinubu said the 2025–2026 borrowing plan targets key sectors such as infrastructure, healthcare, education, water supply, security, and employment generation. He noted that the plan is also intended to cushion the economic impact of fuel subsidy removal.
The total loan request comprises $21.5 billion, €2.19 billion, and 15 billion Japanese Yen, alongside a €65 million grant. Tinubu assured lawmakers that the funds would be directed toward development projects across all 36 states and the Federal Capital Territory, with emphasis on rail networks, healthcare infrastructure, and poverty alleviation programs.
On pension-related borrowing, the president explained that the proposed bond issuance is aimed at clearing backlogs under the Contributory Pension Scheme. The measure, he added, has already received approval from the Federal Executive Council and is expected to improve retirees’ welfare, restore trust in the pension system, and inject liquidity into the economy.
Nigeria’s public debt has surged in recent years, rising by 48.6% in 2024 to ₦144.66 trillion—up from ₦97.34 trillion in 2023. The Federal Government accounts for 95% of that total.
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