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Spotlight Review | Latest Releases

Issue 18

Issue 17

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Issue 16

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Issue 15

Issue 14

Issue 13

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Issue 12

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Issue 9

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Issue 6

Issue 3

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Issue 11

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Issue 10

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Issue 8

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Issue 7

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Issue 5

𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬, 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬, 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲, 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬𝐡

Issue 2

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Issue 4

𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬, 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬, 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲, 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬𝐡

Issue 1

Tony Elumelu is one of Africa’s most influential investors and business leaders, widely recognized for championing entrepreneurship as the engine of the continent’s economic transformation. As Chairman of United Bank for Africa (UBA), he helped transform the institution into a pan-African financial powerhouse operating in 24 African countries, as well as the United Kingdom, United States, France, and the UAE. Beyond banking, he is the Founder and Chairman of Heirs Holdings, a family-owned investment company with interests spanning power, oil & gas, financial services, hospitality, healthcare, and real estate—reflecting his belief that strategic private capital can drive long-term African prosperity.
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In 2010, Elumelu institutionalized his philosophy of Africapitalism—the idea that Africa’s private sector must lead the continent’s development—by establishing the Tony Elumelu Foundation (TEF). Through a landmark $100 million commitment, TEF has trained over 2.5 million young Africans via its digital platform, TEFConnect, and directly funded more than 21,000 entrepreneurs across all 54 African countries. These businesses have collectively created over 1.5 million jobs and generated more than $4 billion in revenue, making TEF one of the largest philanthropic entrepreneurship initiatives on the continent. His model goes beyond charity, emphasizing sustainable, profit-driven businesses as tools for poverty reduction and job creation.
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Elumelu’s influence has earned global recognition. He was named to TIME Magazine’s 100 Most Influential People in the World (2020) and has received national honors in Nigeria. Through UBA, Heirs Holdings, and the Tony Elumelu Foundation, Tony Elumelu continues to shape Africa’s economic narrative—demonstrating that long-term investment, entrepreneurial empowerment, and private-sector leadership can redefine the continent’s future.
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👉🏾 ᴄʜᴇᴄᴋ ᴏᴜᴛ ᴍᴏʀᴇ ɪɴsᴘɪʀɪɴɢ ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀs ᴀᴛ ᴛʜᴇ ʟɪɴᴋ ɪɴ ᴏᴜʀ ʙɪᴏ
✅ ʟɪᴋᴇ, sʜᴀʀᴇ & ғᴏʟʟᴏᴡ @spotlightinafrica ғᴏʀ ᴍᴏʀᴇ ᴄᴏɴᴛᴇɴᴛ!
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#africanentrepreneurs #africantech #panafrican #africanbusiness #spotlightinafrica

Tony Elumelu is one of Africa’s most influential investors and business leaders, widely recognized for championing entrepreneurship as the engine of the continent’s economic transformation. As Chairman of United Bank for Africa (UBA), he helped transform the institution into a pan-African financial powerhouse operating in 24 African countries, as well as the United Kingdom, United States, France, and the UAE. Beyond banking, he is the Founder and Chairman of Heirs Holdings, a family-owned investment company with interests spanning power, oil & gas, financial services, hospitality, healthcare, and real estate—reflecting his belief that strategic private capital can drive long-term African prosperity.
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In 2010, Elumelu institutionalized his philosophy of Africapitalism—the idea that Africa’s private sector must lead the continent’s development—by establishing the Tony Elumelu Foundation (TEF). Through a landmark $100 million commitment, TEF has trained over 2.5 million young Africans via its digital platform, TEFConnect, and directly funded more than 21,000 entrepreneurs across all 54 African countries. These businesses have collectively created over 1.5 million jobs and generated more than $4 billion in revenue, making TEF one of the largest philanthropic entrepreneurship initiatives on the continent. His model goes beyond charity, emphasizing sustainable, profit-driven businesses as tools for poverty reduction and job creation.
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Elumelu’s influence has earned global recognition. He was named to TIME Magazine’s 100 Most Influential People in the World (2020) and has received national honors in Nigeria. Through UBA, Heirs Holdings, and the Tony Elumelu Foundation, Tony Elumelu continues to shape Africa’s economic narrative—demonstrating that long-term investment, entrepreneurial empowerment, and private-sector leadership can redefine the continent’s future.
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👉🏾 ᴄʜᴇᴄᴋ ᴏᴜᴛ ᴍᴏʀᴇ ɪɴsᴘɪʀɪɴɢ ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀs ᴀᴛ ᴛʜᴇ ʟɪɴᴋ ɪɴ ᴏᴜʀ ʙɪᴏ
✅ ʟɪᴋᴇ, sʜᴀʀᴇ & ғᴏʟʟᴏᴡ @spotlightinafrica ғᴏʀ ᴍᴏʀᴇ ᴄᴏɴᴛᴇɴᴛ!
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#africanentrepreneurs #africantech #panafrican #africanbusiness #spotlightinafrica

Africa’s startup ecosystem rebounded strongly in 2025, raising $3.2 billion (excluding exits)—a 40% increase from 2024 after two difficult years. But the recovery was uneven. Funding is increasingly concentrated at the growth stage, while early- and mid-stage capital remains fragmented and fragile.

The biggest shift wasn’t how many startups raised money—it was how much they raised. Nearly 500 ventures secured at least $100k, in line with recent years, but larger rounds surged. 215 startups raised $1 million or more, 69 exceeded $10 million, and eight crossed $100 million. This reflects a maturing ecosystem, with investors prioritizing scale-ups that demonstrate clear unit economics and credible paths to profitability. Investor engagement remained steady: 554+ investors participated in at least one $100k+ deal, and 31% backed multiple companies—a sign of selective optimism heading into 2026.

Energy and fintech led funding, targeting structural gaps such as electrification and financial inclusion. Equity remained dominant, while debt surpassed $1 billion for the first time in a decade, signaling deeper capital sophistication. Capital sources are also diversifying, with non-Western investors—including Japan and Gulf countries—becoming more active.

Among the “Big Four,” Kenya led with nearly $1 billion raised—the strongest single-market performance since 2022—followed by Egypt ($614m) and South Africa ($600m). Nigeria raised $343m (down year-on-year) but led in the number of ventures securing $100k+. While funding has not returned to peak boom levels, 2025 points to a more disciplined, scale-focused ecosystem built on stronger fundamentals.
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✅ ʟɪᴋᴇ, sʜᴀʀᴇ & ғᴏʟʟᴏᴡ @spotlightinafrica ғᴏʀ ᴍᴏʀᴇ ᴄᴏɴᴛᴇɴᴛ!
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Source: Africa: The Big Deal
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#africanentrepreneurs #africantech #panafrican #africanbusiness #spotlightinafrica

Africa’s startup ecosystem rebounded strongly in 2025, raising $3.2 billion (excluding exits)—a 40% increase from 2024 after two difficult years. But the recovery was uneven. Funding is increasingly concentrated at the growth stage, while early- and mid-stage capital remains fragmented and fragile.

The biggest shift wasn’t how many startups raised money—it was how much they raised. Nearly 500 ventures secured at least $100k, in line with recent years, but larger rounds surged. 215 startups raised $1 million or more, 69 exceeded $10 million, and eight crossed $100 million. This reflects a maturing ecosystem, with investors prioritizing scale-ups that demonstrate clear unit economics and credible paths to profitability. Investor engagement remained steady: 554+ investors participated in at least one $100k+ deal, and 31% backed multiple companies—a sign of selective optimism heading into 2026.

Energy and fintech led funding, targeting structural gaps such as electrification and financial inclusion. Equity remained dominant, while debt surpassed $1 billion for the first time in a decade, signaling deeper capital sophistication. Capital sources are also diversifying, with non-Western investors—including Japan and Gulf countries—becoming more active.

Among the “Big Four,” Kenya led with nearly $1 billion raised—the strongest single-market performance since 2022—followed by Egypt ($614m) and South Africa ($600m). Nigeria raised $343m (down year-on-year) but led in the number of ventures securing $100k+. While funding has not returned to peak boom levels, 2025 points to a more disciplined, scale-focused ecosystem built on stronger fundamentals.
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✅ ʟɪᴋᴇ, sʜᴀʀᴇ & ғᴏʟʟᴏᴡ @spotlightinafrica ғᴏʀ ᴍᴏʀᴇ ᴄᴏɴᴛᴇɴᴛ!
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Source: Africa: The Big Deal
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#africanentrepreneurs #africantech #panafrican #africanbusiness #spotlightinafrica

In our latest feature, Ogutu Okudo breaks down where startups, data, and new business models are creating real leverage in one of the world’s most entrenched industries.

This is essential reading for investors, business leaders, and policymakers seeking to understand how energy can become a catalyst for sovereignty, growth, and resilience—rather than another missed opportunity.

Don’t miss out! Click the link in bio for more 👆🏾
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#spotlightinafrica #africanbusiness #africanentrepreneurs #africantech #africanyouth

In our latest feature, Ogutu Okudo breaks down where startups, data, and new business models are creating real leverage in one of the world’s most entrenched industries.

This is essential reading for investors, business leaders, and policymakers seeking to understand how energy can become a catalyst for sovereignty, growth, and resilience—rather than another missed opportunity.

Don’t miss out! Click the link in bio for more 👆🏾
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#spotlightinafrica #africanbusiness #africanentrepreneurs #africantech #africanyouth

📢 It’s finally here! The latest edition is now available featuring Ogutu Okudo @ogutuokudo , a prominent energy strategist reshaping how Africa thinks about power, value, and control in a rapidly shifting global energy landscape.

As the founder and CEO of Guuru Energy—and a former board member of the National Oil Corporation of Kenya—Ogutu operates at the intersection of policy, capital, and execution, advising governments, investors, and communities on how to turn oil, gas, and renewables into long-term economic advantage rather than short-term exports. Her work has earned international recognition, including being named to Forbes Africa’s 30 Under 30.

In our conversation, Ogutu cuts through the noise surrounding Africa’s energy transition. She argues that the real question is not fossil fuels versus renewables, but how African countries design deals, manage revenues, and build institutions capable of capturing value across the energy chain—on Africa’s own terms.

This edition also spotlights Kanessa Muluneh @kanessamuluneh , a serial entrepreneur across Africa, Asia, and Europe and founder of @mfe.lab, who breaks down what truly makes businesses scalable, profitable, and acquirable.

Plus, stay informed with trailblazing initiatives @charissolutionsrw , @altechgrouprdc , economic news, radiant eats & retreats - and much more!

Click the link in bio for more 👆🏾
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#spotlightinafrica #africanbusiness #africaneconomy #africanentrepreneurs #africaninvestors

📢 It’s finally here! The latest edition is now available featuring Ogutu Okudo @ogutuokudo , a prominent energy strategist reshaping how Africa thinks about power, value, and control in a rapidly shifting global energy landscape.

As the founder and CEO of Guuru Energy—and a former board member of the National Oil Corporation of Kenya—Ogutu operates at the intersection of policy, capital, and execution, advising governments, investors, and communities on how to turn oil, gas, and renewables into long-term economic advantage rather than short-term exports. Her work has earned international recognition, including being named to Forbes Africa’s 30 Under 30.

In our conversation, Ogutu cuts through the noise surrounding Africa’s energy transition. She argues that the real question is not fossil fuels versus renewables, but how African countries design deals, manage revenues, and build institutions capable of capturing value across the energy chain—on Africa’s own terms.

This edition also spotlights Kanessa Muluneh @kanessamuluneh , a serial entrepreneur across Africa, Asia, and Europe and founder of @mfe.lab, who breaks down what truly makes businesses scalable, profitable, and acquirable.

Plus, stay informed with trailblazing initiatives @charissolutionsrw , @altechgrouprdc , economic news, radiant eats & retreats - and much more!

Click the link in bio for more 👆🏾
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#spotlightinafrica #africanbusiness #africaneconomy #africanentrepreneurs #africaninvestors

The 18th edition of Spotlight in Africa Publication is officially out, with Ogutu Okudo❗️

In this issue, we spotlight @ogutuokudo, a prominent energy strategist reshaping how Africa thinks about power, value, and control in a rapidly shifting global energy landscape.

As the founder and CEO of Guuru Energy—and a former board member of the National Oil Corporation of Kenya—Ogutu operates at the intersection of policy, capital, and execution, advising governments, investors, and communities on how to turn oil, gas, and renewables into long-term economic advantage rather than short-term exports.

Ogutu cuts through the noise surrounding Africa’s energy transition and how the continent can truly capture value at home. Her insights are pragmatic and deeply strategic.

Click the link in bio for more👆🏾
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#spotlightinafrica #africanbusiness #africanentrepreneurs #africantech #africanyouth

The 18th edition of Spotlight in Africa Publication is officially out, with Ogutu Okudo❗️

In this issue, we spotlight @ogutuokudo, a prominent energy strategist reshaping how Africa thinks about power, value, and control in a rapidly shifting global energy landscape.

As the founder and CEO of Guuru Energy—and a former board member of the National Oil Corporation of Kenya—Ogutu operates at the intersection of policy, capital, and execution, advising governments, investors, and communities on how to turn oil, gas, and renewables into long-term economic advantage rather than short-term exports.

Ogutu cuts through the noise surrounding Africa’s energy transition and how the continent can truly capture value at home. Her insights are pragmatic and deeply strategic.

Click the link in bio for more👆🏾
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#spotlightinafrica #africanbusiness #africanentrepreneurs #africantech #africanyouth

eFiche is a Rwanda-based health-tech company modernising how patient information flows through the healthcare system. Founded by David Kamugundu, the platform was built to eliminate fragmented, paper-based medical records and replace them with secure, interoperable digital workflows. eFiche digitises the entire patient journey, enabling paperless and cashless processes from registration through consultation and reporting—helping health facilities operate more efficiently while improving continuity of care.
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What sets eFiche apart is its deep integration with Rwanda’s national digital health infrastructure. The platform is fully integrated with the country’s Health Management Information System (HMIS) and Health Information Exchange (HIE), ensuring seamless data flow across facilities and levels of care. eFiche also contributes live data to the National Health Intelligence Centre, supporting real-time public health monitoring, planning, and evidence-based decision-making. This positions the company not just as a hospital software provider, but as a critical data backbone within Rwanda’s national health ecosystem.
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eFiche’s impact is reflected in its scale: the platform has processed over 1.4 million consultations and manages 700,000+ patient records across 130+ healthcare facilities nationwide. Its adoption by public and private health providers underscores trust in its reliability, security, and interoperability. Widely recognised within Rwanda’s digital health landscape, eFiche stands as a leading example of how locally built technology can support national health goals—demonstrating how data-driven systems can transform healthcare delivery at scale.
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👉🏾 ᴄʜᴇᴄᴋ ᴏᴜᴛ ᴍᴏʀᴇ ɪɴsᴘɪʀɪɴɢ ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀs ᴀᴛ ᴛʜᴇ ʟɪɴᴋ ɪɴ ᴏᴜʀ ʙɪᴏ
✅ ʟɪᴋᴇ, sʜᴀʀᴇ & ғᴏʟʟᴏᴡ @spotlightinafrica ғᴏʀ ᴍᴏʀᴇ ᴄᴏɴᴛᴇɴᴛ!
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#africanentrepreneurs #africantech #panafrican #africanbusiness #spotlightinafrica

eFiche is a Rwanda-based health-tech company modernising how patient information flows through the healthcare system. Founded by David Kamugundu, the platform was built to eliminate fragmented, paper-based medical records and replace them with secure, interoperable digital workflows. eFiche digitises the entire patient journey, enabling paperless and cashless processes from registration through consultation and reporting—helping health facilities operate more efficiently while improving continuity of care.
-
What sets eFiche apart is its deep integration with Rwanda’s national digital health infrastructure. The platform is fully integrated with the country’s Health Management Information System (HMIS) and Health Information Exchange (HIE), ensuring seamless data flow across facilities and levels of care. eFiche also contributes live data to the National Health Intelligence Centre, supporting real-time public health monitoring, planning, and evidence-based decision-making. This positions the company not just as a hospital software provider, but as a critical data backbone within Rwanda’s national health ecosystem.
-
eFiche’s impact is reflected in its scale: the platform has processed over 1.4 million consultations and manages 700,000+ patient records across 130+ healthcare facilities nationwide. Its adoption by public and private health providers underscores trust in its reliability, security, and interoperability. Widely recognised within Rwanda’s digital health landscape, eFiche stands as a leading example of how locally built technology can support national health goals—demonstrating how data-driven systems can transform healthcare delivery at scale.
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👉🏾 ᴄʜᴇᴄᴋ ᴏᴜᴛ ᴍᴏʀᴇ ɪɴsᴘɪʀɪɴɢ ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀs ᴀᴛ ᴛʜᴇ ʟɪɴᴋ ɪɴ ᴏᴜʀ ʙɪᴏ
✅ ʟɪᴋᴇ, sʜᴀʀᴇ & ғᴏʟʟᴏᴡ @spotlightinafrica ғᴏʀ ᴍᴏʀᴇ ᴄᴏɴᴛᴇɴᴛ!
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#africanentrepreneurs #africantech #panafrican #africanbusiness #spotlightinafrica

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