One Last Push; Connecting in Cape Town🇿🇦
Noteworthy from Oui Capital
From Olu’s Desk ✍🏽
Hello investors, friends, and co-builders,
As we approach the final stretch of the year, I find myself reflecting on the milestones we’ve achieved and the lessons learned along the way. The entrepreneurial landscape is never without its challenges, but each hurdle presents an opportunity for growth.
This December, I’ll be in Cape Town engaging with founders and fellow investors. These moments reaffirm why we do what we do—not just to deploy capital, but to support the networks, ideas, and collaborations that drive sustainable progress across Africa. If you’ll be in town, I’d love to connect.
As we wind down 2024, I’m also reminded of the value of rest—not just as a pause, but as a necessary reset to recharge and strategize for what’s ahead.
📩 From Oui to You!
📍Catch us at SuperReturn Africa
Olu will be joined by Pamela Mutembei (Director of Investments at HEVA Fund), Arese Ugwu (Author, Producer & CEO of The Smart Money Woman, Azuwa) and Mayenzeke Baza (CEO of BazaCo), as they speak at SuperReturn Africa 2024. Don’t miss out – register now to attend: SuperReturn Africa Registration
🇸🇳 Ecosystem Meetup in Dakar
This month, we had the pleasure of hosting an ecosystem meetup with our friends at Impact Hub in Dakar bringing together founders, operators & key players from Francophone Africa’s tech ecosystem. It was an evening of meaningful connections, light bites, and thought-provoking conversations on building a more inclusive and collaborative tech landscape across Africa.
🚀 Founder’s Feature with Mudiaga Mowoe
For Mudiaga, building Matta wasn’t just about solving supply chain problems — it was about bridging gaps and creating connections where none existed. With over a decade of experience observing the struggles of Africa's trade landscape, he witnessed manufacturers unable to access the materials they needed, while suppliers struggled to reach the businesses that relied on them. Identifying this critical gap led to the creation of Matta
So, how did he get there? How did he turn this idea into Africa’s premier digital marketplace, connecting manufacturers with suppliers of chemicals, raw materials, ingredients, and commodities? In this feature, Mudiaga shares his journey of building Matta and triumphs of navigating life as a founder.
🚀 Portfolio Highlights
The Moniepoint team recently participated in the International Financial Inclusion Conference organized by the Central Bank of Nigeria. Tosin (Founder & CEO, Moniepoint) joined other panelists to discuss the critical role of leveraging data to expand access to finance for women-owned and women-led businesses in Nigeria. Collaborating with partners and regulators, Moniepoint continues to build solutions that make financial services accessible and inclusive for all Africans. At the conference, the Central Bank of Nigeria honored Moniepoint with the Financially Inclusive Fintech of the Year award, recognizing its impact in driving financial inclusion.
Herconomy has been recognized by the Central Bank of Nigeria as a Key Driver of Financial Inclusion. This award celebrates the team’s dedication to equipping individuals with the tools, knowledge, and resources needed to achieve lasting financial freedom. At the event, Ife (Founder & CEO, Herconomy) participated in a panel discussion on Advancing Youth Financial Inclusion in Nigeria, sharing insights on bridging the trust gap, fostering adoption of financial services, and empowering Nigerian youth to sustainably grow their wealth.
Matta’s Founder and CEO, Mudiaga Mowoe, has been recognized as one of Africa’s most disruptive startup leaders by the African Financial Summit (AFIS 2024). This recognition underscores Matta’s commitment to innovation and transformation, from redefining the chemical trade to empowering businesses across the continent and driving progress in Africa’s startup ecosystem.
Pharmacy Marts’ Co-Founder & Head of Sales, Mahmoud Shousha, recently attended the Timbuktoo HealthTechHub hosted by the Timbuktoo Africa Innovation Foundation in partnership with the United Nations Development Programme (UNDP). Pharmacy Marts was selected as one of 40 startups in the first cohort, chosen from approximately 950 applicants. The program provides mentorship, tools, and resources to empower startups to address and overcome healthcare challenges across Africa.
📚Founders Resources
The Sustainable Finance Accelerator by Access Bank is a program designed to foster the growth of early-stage to mature businesses focused on addressing environmental and social challenges. Equip your startup with essential resources and guidance, including market research, business planning, operational support, and access to initial funding opportunities to accelerate your business growth. Apply by 31st December
Africa Tech Summit Nairobi continues to connect start-ups from across Africa with corporates, investors and global opportunities and have a limited number of slots for showcasing investor ready ventures. With an audience of African focused tech investors, you’ll have the opportunity to showcase your venture, network with other entrepreneurs, and learn from industry experts. Submit an application here by 19th December.
👩🏾💻Our Portfolio Companies are Hiring!
Cauridor: Marketing Manager Apply via hello@ouicapital.vc
Akiba Digital: Sales Development Rep (SDR) | Chief Growth Officer | Operations Associate Apply here
Moniepoint: Head of Asset & Liability Management| Head, Credit Risk Analytics| Head of Group Accounts Payable and Finance Operations Apply here
🎉 Events to Watch Out For
Experience a dynamic gathering of Africa's top investors, founders, incubators, and accelerators at the Digital Collective Africa VC Unconference, hosted in the heart of Stellenbosch. This unique event transcends traditional conferences with open discussions, collaborative workshops, and actionable insights tailored to Africa's evolving tech ecosystem. Engage with pioneers driving early-stage investment, fostering innovation, and championing transparency across the continent. Discover strategies to streamline venture practices, access valuable resources, and build networks that transcend borders. Whether you're an investor, a tech entrepreneur, or an ecosystem enabler, this event is your gateway to amplifying Africa's startup revolution. Get Tickets here