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TLcom Hosts Africa Female Founder Summit in Lagos

TLcom Capital, the Africa-focussed venture capital firm, on Tuesday held its inaugural Africa Tech Female Founder Summit.
Launched to build a collaborative network of Africa’s female tech founders, over 50 female founders from across Africa including, Odunayo Eweniyi of Piggyvest, Isis Nyong’o of Mum’s Village, Vivien Nwakah of Medsaf and Miishe Addy of Jet Stream, took to the stage to share insights on achieving massive value generation and scale in Africa. Senior female executives from TLcom’s portfolio companies including Twiga Foods, Kobo360, Terragon, Andela, and Ajua were also in attendance.
The keynote speaker for the Summit was Funke Opeke, founder and CEO of MainOne, who delivered an inspirational talk on her career journey. She stated, “A clear message that should be taken away from the Summit is that the glass ceiling on female leadership can and will be broken.
“For incoming and incumbent women in our sector, today is a powerful display of what is possible throughout Africa’s tech scene. We had entrepreneurs from a variety of fields but what we all shared were common experiences and a shared vision for change.
“However, its critical we take our learnings back into our respective networks and share them with the next generation. It’s only then that we will begin to see real transformation.”
During the event, interactive sessions were held on the ever-changing role of the founder, the fundraising journey and attracting and retaining talent. The Summit also featured an in-depth fireside chat between the company’s Senior Partner, Omobola Johnson and Iris Shoor, serial entrepreneur and CEO of Israeli tech startup, Oribi.
Reflecting on the event, Omobola Johnson, Senior Partner at TLcom said, “While female participation in tech has generally improved, female tech founders are still a rare breed. However, there is a growing number of female trailblazers in African tech and we at TLcom believe this is a critical network to nurture and support.”
Andreata Muforo, Partner at TLcom, also added that “With our senior team currently 50% female, supporting diversity is already part of our DNA and with events such as the Africa Tech Female Founder Summit, our team does and will continue to dedicate resources to mentoring female founders.”
With plans in place to hold the Summit on an annual basis, TLcom also announced their push to encourage more of their portfolio companies to boost female representation in their organisations.
As the most active VC in Africa in 2018 (according to the EMPEA), the event is an additional display of the company’s commitment to being an on-the-ground presence in African tech.
Earlier this year, TLcom was also presented with the “Specialist Investor Award” at the 2019 Private Equity Africa Awards and participated in Kobo360’s recent $30mn Series A fundraise and Twiga’s $30m Series B fundraise – two of the largest in African tech this year.
Launched in 1999, the 20-year old Venture Capital firm manages total commitments of approximately 300 million USD. Based in Kenya, Nigeria and the UK, the company has developed a broad portfolio ranging from agriculture, data analytics and logistics, focussing exclusively on technology-enabled services and innovation for SSA, across all stages of the venture capital cycle.
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Anambra Shines in 2025 E-Governance Rankings, Setting National Standards

Anambra State has once again demonstrated its leadership in digital transformation, emerging as one of Nigeria’s top three states in the 2025 e-Governance Report published by the Panorama CIAPS Governance Performance Index (CGPI).
According to the report — a collaborative effort between Nigerian Panorama and the Commonwealth Institute of Advanced Professional Studies (CIAPS) — Anambra ranks alongside Lagos and Enugu as the leading states in adopting and implementing e-governance practices that foster accountability, transparency, and improved service delivery.
In his remarks, Professor Anthony Kila, Director of CIAPS, emphasized the importance of e-governance in shaping how governments interact with citizens. “The centrality of e-governance allows us to assess the performance of state governments in the country. How the government treats the digital world says a lot about them,” he said.
The report evaluated states based on a comprehensive set of criteria, including website security, up-to-date content, public engagement, availability of online services, policy updates, and user accessibility. Anambra’s performance reflects the state’s deliberate investment in digital infrastructure and its commitment to leveraging technology as a tool for inclusive governance.
Reacting to the recognition, the Managing Director/CEO of the Anambra State ICT Agency, Chukwuemeka Fred Agbata, CFA, described the report as a welcome validation of the efforts being made under the leadership of Prof. Charles Chukwuma Soludo, CFR, to reposition Anambra as a liveable and prosperous smart mega-city.
“This is not just about being tech-savvy,” Agbata said. “It’s about using digital tools to create real impact — making the government more accessible, responsive, and transparent. Anambra is building a digital future that works for everyone.”
The CGPI Report recommended that all states intensify efforts to train public servants, maintain digital platforms effectively, and build user-friendly systems that keep citizens informed and empowered. For Anambra, this recognition serves both as a milestone and a motivation to scale new heights.
As the journey continues, Anambra remains focused on setting the pace for e-governance in Nigeria in line with the Governor’s mantra of Everything Technology & Technology Everywhere.
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SERAP Urges National Assembly to Reject Tinubu’s $24Bn Loan Request Over Debt Concerns

Socio-Economic Rights and Accountability Project (SERAP) has urged the National Assembly to reject the Tinubu administration’s request to borrow $24 billion, warning that the move would significantly deepen Nigeria’s debt crisis.
In a statement posted on its official X account, the advocacy group warned that the proposed borrowing would raise Nigeria’s total debt stock to an estimated ₦183 trillion—an amount it described as “clearly not sustainable and not in the public interest.”
“The National Assembly must immediately refuse to approve the Tinubu administration’s request to borrow $24 billion,” the group said. “The growing national debt is not sustainable and not in the public interest.”
SERAP expressed concern over the heavy burden of debt servicing, which it said is already consuming a substantial portion of government revenue, leaving little room for critical public investment.
Nigeria’s total public debt is projected to surpass ₦180 trillion following the president’s latest loan request. The borrowing plan includes a proposal for over $21.5 billion in external loans, which equates to ₦33.39 trillion at the official exchange rate of ₦1,590 per dollar. The administration is also seeking approval for a domestic bond issuance worth ₦757.9 billion to settle outstanding pension liabilities.
President Tinubu said the 2025–2026 borrowing plan targets key sectors such as infrastructure, healthcare, education, water supply, security, and employment generation. He noted that the plan is also intended to cushion the economic impact of fuel subsidy removal.
The total loan request comprises $21.5 billion, €2.19 billion, and 15 billion Japanese Yen, alongside a €65 million grant. Tinubu assured lawmakers that the funds would be directed toward development projects across all 36 states and the Federal Capital Territory, with emphasis on rail networks, healthcare infrastructure, and poverty alleviation programs.
On pension-related borrowing, the president explained that the proposed bond issuance is aimed at clearing backlogs under the Contributory Pension Scheme. The measure, he added, has already received approval from the Federal Executive Council and is expected to improve retirees’ welfare, restore trust in the pension system, and inject liquidity into the economy.
Nigeria’s public debt has surged in recent years, rising by 48.6% in 2024 to ₦144.66 trillion—up from ₦97.34 trillion in 2023. The Federal Government accounts for 95% of that total.
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