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Treepz Wins GSA Award For Best Industrial Tech Company In Africa
Treepz Inc records another major 2022 win for its company. In the just concluded Global Startup Awards which took place in Cape Town, South Africa, Treepz bagged the award for Best Industrial Tech Company in Africa 2022.
A win that had over 7500 companies compete from 54 African countries and they still emerged victorious!
In 2021, the Global Startup Awards expanded into Africa with objectives focused on finding UN sustainable development goal (SDG) aligned tech innovation solutions with 55 countries competing in 12 categories, including Agri Tech, Health Tech, Industrial Tech and Women in Tech.
Speaking on the event, Co-founders of Loudhailer and GIIG, Jo Griffiths and Caitlin Nash had this to say,
“We know that we need to find millions of solutions if we are going to have any dent in solving the climate crisis, and we know that a lot of those solutions sit here on the African continent. We believe that we can unlock Africa’s growth a lot faster and position it as the tech continent of the future with these proof-points over a few multi-year periods.”
This year, some winning startups will get funding for their social, environmental or economic impact on the African continent and Treepz qualified in all 3 areas .
This endorsement will continue to help Treepz to contribute its fair share to the United Nations SDGs making cities more resilient and sustainable.
In the last three months alone, Treepz has effectively saved planet earth 519,792 kg of CO2 emissions across Nigeria, Ghana, and Uganda. This as a result of passengers sharing rides with Treepz-powered vehicles instead of driving their individual cars.
Treepz is one of Africa’s leading shared mobility startups and has established itself with close to 10,000 daily rides completed on its platform.
As the company begins their 60-day countdown to 3 wholesome years, it is important to note that Treepz has achieved remarkable milestones between these years including completing 1.5 million bookings within 30 months of operations and expanding to Ghana and Uganda with the acquisitions of Stabus and Ugabus in both countries respectively.
Today, Treepz has the number one market share in Ghana and Uganda in less than a year in both countries. Treepz was also one of the few startups to receive a government approval for its operations in Lagos while recently closing out state partnerships for its expansion across Africa.
The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
The Ogun Tech Hub in Abeokuta, Nigeria received a significant step towards increasing digital access and empowering young people as US Embassy in Nigeria launched the ‘Window on America’ facility.
The newly opened centre will offer free high-speed internet, computer access, and targeted programs to help young Nigerians build essential skills in technology, entrepreneurship, and leadership.
In a post on X (previously Twitter), the US Embassy described the hub as a modern ICT and resource centre meant to promote digital inclusion and provide youths with skills.
“Hello Abeokuta! We’re thrilled to announce the opening of the Ogun Tech Hub Window on America. This dynamic space offers free high-speed internet, computers, and programs to help young people gain tech, leadership, and entrepreneurial skills,” the Embassy wrote.
The facility was established in collaboration with the Ogun State and GFA Technologies, a software solutions provider for startups and SMEs.
The Embassy said the facility is part of its wider network of 29 American hubs across Nigeria, designed to empower youth and broaden access to global knowledge and opportunities.
Speaking during the launch, Ogun State governor Dapo Abiodun urged young people to use the ICT industry for self-sufficiency and competitiveness globally.
He lauded the program as a public-private cooperation that connects Nigerian youngsters with global innovations.
The governor said: “The Ogun Tech Hub serves as a collaborative space for technologists, startups, and social entrepreneurs to develop tech-driven solutions for societal challenges. The partnership is aimed at positioning Ogun State as a leading tech hub in Africa, supporting creative problem-solving and commercial innovation.”
With the ‘Window on America’ program fully operational, Ogun State is well-positioned to boost youth empowerment and digital literacy.
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