June 21, 2023
by In the past year, the global Endeavor network has welcomed ten African entrepreneurs from five different startups, granting them access to a range of support services to facilitate their companies’ growth.
Endeavor is an initiative that aims to stimulate long-term economic development by identifying, mentoring, and accelerating exceptional entrepreneurs with high-impact potential worldwide. Over the past few years, Endeavor has been actively incorporating a number of African entrepreneurs into its network.
Field Intelligence, a Nigerian startup, was accepted into the network during the 26th Virtual International Selection Panel (vISP). Since then, eleven panels have taken place, resulting in ten entrepreneurs from five African startups joining the Endeavor network.
As of now, Endeavor supports a total of 2,449 entrepreneurs who lead 1,512 companies across 42 different markets globally.
During the 28th vISP in June 2022, PiggyVest, a Nigerian fintech startup, had the privilege of having Somto Ifezue, Odunayo Eweniyi, and Joshua Chibueze selected to join the network. Ahmed Wadi of Egyptian fintech startup Money Fellows was welcomed during the 34th vISP in February of this year.
In March, the 35th vISP saw the selection of Timothy Nuy and Tonderai Mutesva from South African fintech company Fin, while the 36th edition welcomed Sirak Mussie from Kenyan payment gateway Flocash.
Lastly, in the previous month, the 37th vISP added Obi Emetarom, Emeka Emetarom, and Wale Onawunmi, Nigerian entrepreneurs and founders of Appzone, to the Endeavor network. In November of the preceding year, Appzone had separated its legacy banking-as-a-service business, known as Qore, and its decentralized payments network, called Zone, into two independent companies.
Wale Onawunmi, co-founder and CTO at Zone, expressed his enthusiasm, stating, “We are delighted to become part of this esteemed global community. Entrepreneurship flourishes through collaboration and shared learning, and Endeavor perfectly embodies this spirit. We eagerly anticipate leveraging the exceptional ecosystem of entrepreneurs, partners, and investors, which will drive our technical capabilities to new levels of innovation and efficiency within the payment sector.”
