Tech
Linda Rottenberg's visit to Nigeria demonstrates commitment to innovation and entrepreneurship
Endeavour Global CEO, Linda Rottenberg, visited Nigeria from 6th to 9th July 2024 to complete a series of successful events highlighting the country’s vibrant technology ecosystem and entrepreneurial spirit. Organised by Endeavour Nigeria and led by Managing Director and CEO, Ileayomide Oladunjoy, the visit was aimed at fostering partnerships, spurring digital innovation and supporting the next generation of technology leaders.
According to a statement issued by Endeavour Nigeria’s Marketing and Communications Manager, Joy Mabia, the visit began with a meeting between Linda and Olugbenga GB Agboola, CEO of Flutterwave and Director of Endeavour Nigeria, to discuss the fintech sector, its growth and its role within the entrepreneurial ecosystem.
Following this, Linda participated in a press interview with several Nigerian tech journalists including Tage Kene Okafor TechCrunch, Dmilre Dsnm Rest of World, Ganiu Oloruntade TechCabal, Emeka Ajene AfriDigest, David Afolarin TechNext, Dennis Da-ala Mirilla Pulse etc. Linda Rottenberg shared her perspective on Endeavour's mission, track record and future plans in the region.
The interview was followed by a dynamic networking event where Linda interacted with Endeavor Nigeria’s portfolio company founders and pipeline entrepreneurs, providing valuable insights and engagement. Participants included Josh Chibueze PiggyVest), Ngozi Dozie and Chijioke Dozie Carbon, Obi Emetarom Zone, Olugbenga GB Agboola Flutterwave, Mudiaga Mowoe Matta, Emeka Emetarom Qore, Tayo Oviosu Paga, Etop Ikpe Autocheck, Chinedu Azodoh MAX, Peter Bunor Field, Olumide Fayankin Vendease, Anu Adedoyin Adasolum Sabi, Benjamen Oladokun Shekel Mobility, Tomilola Majekodunmi Bankly, and Daumantas Dvilinskas TransferGo.
Day two began with a comprehensive presentation on Nigeria’s digital ecosystem by Bolaji Balogun, Chairman of the Board of Endeavour Nigeria and CEO, Chapel Hill Denham, which highlighted the unique opportunities and challenges in Nigeria’s digital environment. Attendees included Phil Southwell, Partner at Chapel Hill Denham, Akeem Shadare, Managing Director at Chapel Hill Denham Securities, Mojisola Adeniyi, Acting Managing Director at SME.NG, Francis Ajumobi, Head of Retail Strategy at Chapel Hill Denham, Biba Obioha, Chief Human Resources Officer at Chapel Hill Denham, Oli Lewan, Director of Corporate Development at Chapel Hill Denham, Christian Wessels, CEO of Daystar Power, Sari El Khalil, Chief Transformation Officer at Seven Up Bottling Company, Derin Adebayo, Manager of Entrepreneurial Selection at Endeavor Global and Ayobami Olajide, Senior Associate, Entrepreneurial Selection and Growth at Endeavor Nigeria.
Linda Rottenberg and Bolaji Balogun then met virtually with the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. Their discussion focused on the role of government in supporting the technology ecosystem, creating jobs and fostering an environment in which businesses can thrive. The conversation also covered the proposed partnership with Endeavour Nigeria on the 3MTT programme, which aims to develop 3 million tech talent, highlighting the commitment to fostering local talent and promoting digital skills development. Attendees included Mr. Francis Sani, Technical Adviser, Innovation, Entrepreneurship and Capital to the Minister of Communications, Innovation and Digital Economy, and Mr. Chisom Amadi, Chief of Staff, 3MTT Partnerships and Placement.
The day concluded with an event for Nigerian female founders and executives to highlight the importance of diversity and inclusion in the tech industry. The event featured a fireside chat with Linda Rottenberg and Arise TV’s Lolake Akinkugbe Filani, host of Business Week. The event was an opportunity to engage directly with one of the world’s leading entrepreneurial leaders to foster an inclusive environment that supports female entrepreneurs. She highlighted the need to amplify women’s voices at every stage of their careers to ensure a vibrant and inclusive ecosystem. With less than 5% of venture capital attracted by women-led businesses in Africa, the future requires that women entrepreneurs have equal access to capital, resources and leadership opportunities. The event was sponsored by SME.NG and Aliseire Capital.
The final day featured a series of strategy meetings with Endeavor entrepreneurs such as Paga's Tayo Obios and Jay Alabraba, board members such as Daystar Power's Christian Wessels, investors such as Briga's Tosin Faniro Dada, and journalists such as Bloomberg's Anthony Osae Brown and TechCrunch's Tage Kene Okafor. These discussions were pivotal in strengthening relationships, exploring investment opportunities, and advancing Endeavor's mission to support high-impact entrepreneurs who drive economic growth and job creation. Linda Rottenberg's visit to Nigeria reaffirmed Endeavor's commitment to fostering entrepreneurship and nurturing a supportive ecosystem. The series of events highlighted Endeavor's role in driving innovation, supporting entrepreneurs, and contributing to Nigeria's socio-economic development.
About Endeavour
Endeavor is the world's leading community of high-impact entrepreneurs. Founded in 1997, Endeavor is a global organization with a mission to unleash the transformative power of entrepreneurship by selecting, supporting and investing in the world's top founders. Today, the Endeavors network spans 42 markets and supports more than 2,589 entrepreneurs leading 1,585 companies. These companies have combined revenues of more than $42 billion and create more than 3.9 million jobs. Endeavors' unique entrepreneur-first model and network of trust provide a platform for founders to dream big, scale and give back to the next generation of entrepreneurs.
Endeavor opened its Nigeria office in 2018 to select and support the best founders of scale-up and growth stage companies who recognise their responsibility to give back and grow their impact in the Nigerian entrepreneurial ecosystem. In Nigeria, Endeavor aims to select 46 companies per year and currently has 33 Endeavor Nigeria entrepreneurs leading 16 companies in its portfolio.
In 2023, Endeavour companies in Nigeria generated over $573 million in revenue and created over 183,000 jobs.
To learn more about Endeavor in Nigeria, visit nigeria.endeavor.org. To learn more about Endeavor's global network, visit www.endeavor.org.
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