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Amanda Etuk: The Nigerian Entrepreneur Turning Heads in Nigeria’s Logistics Industry

Amanda Etuk: The Nigerian Entrepreneur Turning Heads in Nigeria's Logistics Industry

Amanda Etuk is a prominent Nigerian entrepreneur and co-founder of Messenger.ng, a logistics and supply chain company.

She holds a Bachelor of Pharmacy degree from the University of Lagos and a Master’s degree in Global Supply Chain and Logistics Management from the University of Sussex.

Amanda’s career spans various sectors, including healthcare and fast-moving consumer goods (FMCG).

She transitioned into logistics after working in health insurance, where she helped pilot a nationwide delivery of chronic medications.

Her significant roles include serving as General Manager at Zippy Logistics, now Loft Africa, where she handled modern trade distribution for popular household brands.

Messenger.ng, co-founded with her brother in 2018, started with last-mile deliveries and has grown to become a major logistics partner for companies like Jumia and DHL Express.

The company has expanded its services to include order fulfilment, warehousing, and cold chain solutions, aiming to capture a significant portion of the $5 billion market in Nigeria.

Amanda’s leadership and innovative strategies have earned her recognition, including being named one of the top 50 finalists in the 2022 Africa’s Business Heroes competition by the Jack Ma Foundation.

She emphasizes persistence and leveraging strengths in her entrepreneurial journey, aiming to transform Messenger.ng into a globally recognized logistics company​.

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Akintola Adesanmi​

Akintola Adesanmi is the Co-Founder and CEO of Spleet, a proptech startup dedicated to revolutionizing housing solutions in Nigeria and beyond.

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Oasis Capital Ghana Announces First Close of $100 Million Fund for West African SMEs

New Investments

Oasis Capital Ghana Announces First Close of $100 Million Fund for West African SMEs

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West Africa-focused fund manager Oasis Capital Ghana has secured $33.3 million in initial commitments for its new $100 million Oasis Africa Fund II (OAF II).

The fund aims to raise the remaining capital by June 2025.

OAF II builds on the success of Oasis Capital’s previous ventures.

The firm’s first fund, the $11 million Ebankese Venture Fund (EVF), supported SMEs in Ghana.

Their subsequent fund, Oasis Africa Fund I (OAF I), raised $50.5 million and invested across Ghana and Côte d’Ivoire.

Both EVF and OAF I have fully deployed their capital to 21 businesses in various sectors.

Legacy Girls College, Everpure Ghana Water, SINEL Specialist Hospital, and Metropolitan Health are among the Ghanaian businesses that have benefited from Oasis Capital’s investments.

In Côte d’Ivoire, MANSA Bank and PISAM Hospital have also received their support.

“Oasis Capital integrates environmental, social, and governance (ESG) considerations into our investment decisions,” stated Matthew Boadu Adjei, CEO of Oasis Capital Ghana.

OAF II aligns its investments with the United Nations’ Sustainable Development Goals (SDGs), including poverty reduction, improved health and well-being, quality education, gender equality, clean water and sanitation, and sustainable land use.

According to Michael Mensah-Baah, Development Bank Ghana’s deputy managing director, this focus on sustainability was a key factor for investors.

The investor base for OAF II includes prominent names like Development Bank Ghana, Venture Capital Trust Fund, GCB Capital, Stanbic Investment Management Services, and Oasis Capital Ghana itself.

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Sanari Capital Invests $4.4 Million in EduLife Group to Fuel Education Expansion Across South Africa

New Investments

Sanari Capital Invests $4.4 Million in EduLife Group to Fuel Education Expansion Across South Africa

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Sanari Capital, a private equity firm focused on African growth companies, announced an R80 million (approximately $4.4 million) follow-on investment in EduLife Group, a network of independent schools in South Africa.

This investment aims to fuel EduLife’s expansion plans across the country.

The funds will be used to solidify the company’s presence in its existing regions – Free State, Eastern Cape, and Western Cape – with the potential to enter Gauteng province as well.

Additionally, part of the funding will go towards increasing capacity at EduLife’s existing schools due to rising demand for affordable quality education.

“We’re thrilled to support EduLife Group’s ambitious growth strategy,” said Moushmi Patel, Partner at Sanari Capital.

“Our focus is on sustainable value creation, not just for investors, but for the communities we partner with. EduLife exemplifies this perfectly. Together, we’re providing accessible and relevant education to students of all backgrounds, achieving both growth and positive impact.”

“Our mission is to deliver inclusive, modern, and tailored education that empowers all students to flourish, reach their full potential, and prepare for the future,” said Hansie Engelbrecht, CEO of EduLife.

EduLife Group offers diverse and tailor-made educational programs catering to various economic backgrounds.

The company’s commitment to affordability makes it a valuable resource for families seeking quality education options.

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Vivendi Africa Group Expands High-Speed Internet Access to Uganda

Key Developments

Vivendi Africa Group Expands High-Speed Internet Access to Uganda

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French media giant Vivendi Africa Group (GVA) has set its sights on Uganda, marking its eighth African nation with the launch of its fiber-optic internet service, CanalBox.
 

The official launch, held on Wednesday, July 10th, brings GVA’s high-speed FTTH (fiber-to-the-home) network to Kampala, the 13th African city, to benefit from its services.

GVA has already invested 50 billion Ugandan shillings (approximately $13.5 million) in laying fiber optic cables across Kampala.

This initial infrastructure can connect up to 140,000 homes, and Julius Kayoboke, Managing Director of GVA Uganda, says ambitious plans are in place to expand the network to serve an estimated 500,000 people within the next four years.

CanalBox’s arrival in Uganda is expected to shake up the country’s internet landscape, currently dominated by telecommunication companies.

This increased competition is anticipated to benefit consumers through improved service quality and potentially lower costs.

The launch comes at a crucial time for Uganda, which is experiencing a rapid digital transformation fueled by a growing demand for high-speed internet connectivity.

The Uganda Communications Commission (UCC) reports that the nation has over 27.7 million internet users, with a penetration rate of 61%.

“The internet has revolutionized societies in ways we never imagined before,” remarked Thomas Tayebwa, Deputy Speaker of the Ugandan Parliament, who attended the launch ceremony.

“It has reshaped how we live, work, and connect with each other – impacting communication, information sharing, business transactions, education, and even service delivery.”

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Huawei to Launch Smart Village in Uganda to Boost Rural Digital Transformation

Key Developments

Huawei to Launch Smart Village in Uganda to Boost Rural Digital Transformation

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Uganda and Huawei have embarked on plans to build a smart village in the East African country.
 

Ugandan President Yoweri Kaguta Museveni met with representatives from the global communications technology company to discuss the plans.

The focus of the meeting was a proposal from Huawei to establish a prototype digital village within Uganda.

This model village would serve as a showcase for the potential of digital infrastructure in rural areas.

It would be equipped with a network tower station, a solar power station using Huawei’s innovative digital micro-grid technology, and a suite of smart classroom equipment.

The project aligns perfectly with Uganda’s Parish Development Model (PDM), a community-driven development initiative.

Huawei’s contribution would be at no cost to the Ugandan government and would encompass smart classrooms, remote healthcare facilities, and installations utilizing smart photovoltaic cells for sustainable power generation.

A key component of the initiative would be the establishment of a remote diagnosis system. This system would connect village health centers with regional and national hospitals, significantly improving access to healthcare for rural residents.

Huawei’s vision for this smart village project is to demonstrate the transformative power of digital infrastructure in rural communities.

Through the provision of advanced technology, clear information, and user-friendly tools, they aim to address the challenges faced by villagers and foster development.

Sooma Mukyala Fouziya, Public Relations Manager for Huawei Uganda, emphasized the project’s alignment with the PDM, promoting digital transformation and sustainable growth through Information and Communication Technology (ICT) in Uganda.

This project aligns with Huawei’s continued expansion within the Middle East and Africa (MEA) region, having recently announced a commitment to training an additional 150,000 individuals in sub-Saharan Africa over the next three years.

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