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Francis Omorojie is Driving Africa’s Tech and Investment Ecosystem

Francis Omorojie is Driving Africa’s Tech and Investment Ecosystem

Francis Omorojie is a Nigerian entrepreneur, investor, and ecosystem builder committed to shaping Africa’s innovation and investment landscape.

With a keen focus on empowering technology-driven ventures, he has played a pivotal role in providing funding, mentorship, and strategic guidance to African entrepreneurs.
 
Born and raised in Nigeria, Francis developed an early interest in problem-solving and business development.

He pursued a bachelor’s degree in Petroleum Engineering at the University of Port Harcourt, graduating in 2013.

His technical background, combined with his passion for entrepreneurship, led him to transition from the energy sector to venture building, finance, and innovation.

Omorojie has built a career at the intersection of venture capital, innovation, and fintech, playing diverse roles that contribute to the growth of Africa’s startup ecosystem.

His journey has been defined by founding and leading multiple ventures, each designed to address key gaps in Africa’s economic and technological development.

Key Ventures and Leadership Roles

Founder & Venture Partner – Ennovate Ventures

In 2018, Francis founded Ennovate Ventures, a venture capital firm and innovation hub supporting underrepresented entrepreneurs in Africa’s tech ecosystem.

Through Ennovate, he has provided early-stage funding, mentorship, and capacity-building programs to founders looking to scale their businesses across the continent.

Key initiatives under Ennovate Ventures include:

  • TheNextFund – A venture capital fund investing in high-potential tech startups in East Africa, offering a hybrid of funding and technical assistance.
  • Startup Accelerator Programs – Providing tailored support, training, and market access to early-stage entrepreneurs.
  • Impact-Driven Investments – Supporting startups that focus on financial inclusion, sustainability, and scalable technology solutions.

Chief Visionary – Get Haba (Fintech)

As the Chief Visionary at Get Haba, Francis is leading a fintech revolution in Africa, focusing on financial inclusion, payments, and digital banking solutions.

Get Haba aims to bridge financial gaps by creating accessible and scalable financial services that cater to businesses and individuals who are traditionally underserved by mainstream financial institutions.

Co-Founder – Serengeti Angels

Francis is also the co-founder of Serengeti Angels, a Tanzanian angel investor network that provides early-stage capital to promising African startups. 

Recognizing the critical funding gap for early-stage businesses, he has worked to mobilize capital, de-risk investments, and facilitate investor-founder connections to drive innovation and economic transformation across Africa.

Venture Lead – Plumar

At Plumar, Francis serves as the Venture Lead, playing a key role in connecting African startups with global talent, resources, and capital.

The platform provides strategic guidance, market expansion opportunities, and operational support for businesses looking to scale beyond their local markets.

Omorojie’s work is deeply rooted in Africa’s long-term economic transformation.

His mission is to democratize access to funding for African startups, particularly those led by underrepresented entrepreneurs.

He also aims to create scalable, impact-driven solutions that foster economic growth and job creation. 

His philosophy is “empower, fund, and build,” a mantra that reflects his commitment to equipping African entrepreneurs with the tools they need to succeed in an increasingly digital world.

Over the years, Francis has secured strategic partnerships, facilitated millions of dollars in funding for startups, and played a key role in Africa’s venture capital space.

His work has earned him recognition as one of the leading voices in African innovation and investment.

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Ivorian Fintech Startup Cauridor Raises $3.5 Million Seed Funding to Expand Payment Network

New Investments

Ivorian Fintech Startup Cauridor Raises $3.5 Million Seed Funding to Expand Payment Network

Ivorian fintech startup Cauridor has secured $3.5 million in seed funding to enhance its payment infrastructure, support expansion efforts, and strengthen its presence in new markets.

The funding round was led by Oui Capital, with participation from Rally Cap, BKR Capital, and several angel investors.

Cauridor operates a hybrid payment system that integrates digital solutions with cash-based networks, enabling seamless financial transactions across multiple West African countries.

The company facilitates payments through a network of over 25,000 agents spanning Guinea, Senegal, Ivory Coast, Sierra Leone, and Liberia.

Its technology supports various payment methods, including cash pickups, bank transfers, and mobile wallets.

According to co-founder Oumar Rafiou Barry, the lack of robust payment infrastructure in Francophone Africa prompted the company to build its payment rails to address fragmentation in the region’s financial ecosystem.

This strategy has significantly contributed to Cauridor’s revenue, with its payment rails division now accounting for more than 90% of its earnings.

In 2024, the company reported a total payment volume (TPV) of $500 million.

The newly secured funding will drive Cauridor’s expansion into additional markets, including Mali and Nigeria.

Additionally, the company is preparing for a Series A funding round and is exploring blockchain integration to optimize settlements and leverage the rising adoption of stablecoins in cross-border payments.

Barry emphasized that these developments will enhance operational efficiency and position Cauridor as a key player in Africa’s evolving fintech landscape.

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