Mall for Africa, an international e-commerce payments platform, in line with its drive to support tech start-ups, growth and innovation across countries in Africa, has lent its support to the Geeks-On-A Plane initiative, powered by 500 start-ups.
With operations in Nigeria, Kenya, Ghana, the UK and the US, Mall for Africa’s commitment to Africa’s business growth, job and wealth creation and tech innovation stems from a passion to provide ease and safety of transactions across the continent. 500 Start-ups, one of the top global business accelerators based in the U.S, berthed in Nigeria amidst wide applause and excitement from among the Nigerian business and investment communities.
Noted across the world for its core investments in innovative Entrepreneurs with bias for financial services and technology for economic growth, the brand is also setting foot on African soil for the first time. Speaking at an interactive dinner to welcome the American organisation and attended by both local and foreign investors, and both govt representatives, one of its local partners in Nigeria, Tope the Co-Founder and Chief Executive Officer, Mall for Africa, Folayan, noted that the visit was long overdue as everyone had long since realised the potential of the Nigerian market. “This is Silicon Valley meeting us (Nigeria) in an expansive, new way; 500 Start-ups’ Geeks On A Plane (GOAP) Africa tour goes about the globe seeking entrepreneurs to invest in, especially those sure to succeed in the e-commerce space.” Folayan went on to advise the relevant national regulators of the need to provide a conducive environment for effective business growth. He appealed to the government to redouble efforts by providing excellent support infrastructure, friendly regulations and ease of obtaining permits, provision of power and other affiliated support systems. Mall For Africa believes in African youths and their entrepreneurial ability to leverage on technology to transform industries. The 14-day African tour began in Lagos, through Accra to Johannesburg and Cape-town, in South Africa. It is targeted at technology companies that are getting started between 2-5 personnel, and 500 Start-ups figures to splash $1million on not less than 37 start-ups within the year, says the CEO Dave McClure.
30th March 2017