Its operations span Nigeria, Ghana, Kenya, Uganda, and beyond, offering corporate mobility, travel services, and park solutions that now move over 1.4 million people monthly at the CMS park in Lagos alone.

The company recently made a commendable entry into North America, launching in Brampton, Canada, a region with hundreds of thousands of corporate workers, including employees at Amazon and PetSmart. 

This move comes after three years of strategic planning, board approvals, and partnerships with Canadian stakeholders, including the mayor of Brampton, Patrick Brown, who famously said: “If you can do this in Lagos, you can do this anywhere in the world.”

But the journey has been far from smooth. From surviving COVID-19 shutdowns just six months after launch, while holding loans on 17 brand-new buses they couldn’t use, to restructuring into a self-sustaining business with zero asset ownership and five revenue streams, Treepz has had to learn, adapt, and outlast the challenges that kill most startups.

In this exclusive conversation with Techeconomy, Onyeka Akumah, co-founder and CEO of Treepz, opens up about expansion into Canada, the lessons Lagos taught him, scaling across Africa, and his vision to make Treepz a truly global corporate travel platform.

TE: Treepz recently launched in Canada. Why Brampton as the starting point for your North American expansion?

Onyeka: We first got into Toronto in 2021 during our demo day, and that’s when Brampton’s team showed interest. I met with the mayor, and he was excited about bringing Treepz to Canada from the Brampton region. But we weren’t ready, our priority was still to expand across African markets. 

By late 2024, after a board meeting, we decided the time was right. Brampton made sense because we had their full support since 2021. We also went through accelerator programmes, including the Beehive Programme and the World Trade Centre in Toronto, before securing our first corporate client. Brampton has a huge corporate workforce—Amazon, PetSmart, and others—making it a perfect entry point.

TE: This sounds seamless, but I know market entry is never without challenges. How did you navigate them?

Onyeka: Expanding anywhere means dealing with new people, rules, and systems. In Africa, we entered Ghana, Uganda, and Kenya through acquisitions. That gave us the right people and local knowledge. 

For Canada, my co-founders had been in Toronto for a while, building relationships and meeting stakeholders. The North American market is structured, regulations are clear, and other players have already paved the way. Unlike Nigeria, where we had to work with the government to create the regulatory framework, in Canada we only needed to meet existing requirements and carve out our niche.

TE: There’s a quote linked to this launch — “If you can handle traffic in Lagos, you can handle it anywhere”. What lessons from Lagos shaped your global strategy?

Onyeka: That quote came from Mayor Patrick Brown. He’s been to Lagos, so he knows what it takes to operate there. Lagos was our proving ground—moving from eight people a day to 10,000 took years of patience. The challenges in Nigeria forced us to innovate under tough conditions. If we could build something sustainable there, we could make it succeed in more structured markets like Canada.

TE: Treepz operates in five countries with over 6 million users. What have been your biggest challenges scaling across Africa?

Onyeka: COVID-19 was the first and almost fatal challenge. We were just six months old with 17 brand-new buses and loans to pay, yet we couldn’t move anyone for 10 months. 

The second was finding and retaining the right talent. We expanded into new countries by adopting an “acqui-hire” strategy, acquiring local competitors in countries like Ghana, Uganda, and Kenya to speed entry into new markets, but people challenges followed, as top talent left for higher-paying jobs abroad. 

The third was the funding drought, forcing Treepz to restructure in 2023. We shifted from asset ownership to an aggregation model and reduced dependency on investors. By late 2024, we became self-sustaining—paying salaries and bills from revenue. That gave us the freedom to focus on growth without constant fundraising pressure.

TE: If another pandemic like COVID-19 happens, are you ready?

Onyeka: Yes. In 2019 we were asset-heavy, today we own zero vehicles but operate over 100 in Nigeria alone. We’ve gone from one revenue channel to five, and our geographic spread means if one market suffers, another can support it. We also operate fully remote now, with structures that adapt quickly. If another pandemic comes today, God forbid, we can hedge that risk now, and we’re better positioned as a business.

TE: Why start your Canadian operations with corporate and institutional travel, instead of everyday commuters?

Onyeka: It’s about entry points. Our first Canadian client needed corporate travel, so we began there. Over time, we’ll replicate Nigeria’s daily corporate commute model.

In Nigeria and Kenya, over 5,000 employees use Treepz daily to get to work, and we move over 1.4 million people through CMS Park each month. Canada will follow a similar multi-channel revenue approach.

TE: What does your expansion mean for African startups aiming for regulated markets like Canada?

Onyeka: Build locally first, experiment, and set up proper structures, including corporate governance. Have a board or advisors to challenge your decisions. Get the right team — and if you hire wrong, correct it fast. Dream big, but start small. The world is waiting for African businesses that can deliver at a global standard.

TE: Finally, what’s your long-term vision for Treepz?

Onyeka: To become a world-class corporate travel business serving millions globally. We’ve started in Africa, now North America; next is Europe, the Middle East, and Asia. Treepz turns six in September, but by the time we are 10, I want us moving 100,000 people daily to work and back. I want everyone — our team, investors, and customers — to look back and say, “We built something amazing that started in Lagos and went global.”

The post “Lagos Was Our Proving Ground”: Treepz CEO Onyeka Akumah on Taking African Mobility Global appeared first on Tech | Business | Economy.

With the University of Toronto’s sponsored African Impact Initiative as its first corporate travel client in North America and the warm welcome of Brampton Mayor Patrick Brown, this launch symbolizes more than just expansion—it is a powerful narrative of African innovation meeting global opportunity.

From Lagos to Brampton: A Journey Rooted in Grit and Vision

Treepz began in 2019 as a local transportation startup in Lagos, Nigeria, aiming to organize chaos in urban mobility with a tech-driven, customer-first model.

Today, it operates across 25 cities in five countries, including Nigeria, Ghana, Kenya, Uganda, and now Canada, having served over 6 million customers in just five years.

This latest milestone, the North American launch, proves that African startups can not only solve local problems but also scale globally to meet international standards.

Treepz’s CEO, Onyeka Akumah, reflected on this incredible journey during the launch ceremony at City Hall in Brampton, Ontario, saying:

“The launch of Treepz Canada is a strong positive statement of intent for not just our company but how we represent all African startups. We can truly build globally acceptable and reputable brands right from the streets of Lagos… It’s still day one, and we have approached this launch like the first day we launched on the 16th of September, 2019, with humility, hunger, and drive to get more done for our customers.”

Why Canada? A Vision Years in the Making

Treepz’s expansion into Canada is not sudden, it began in 2021 when the company participated in the Techstars Toronto accelerator program.

During that time, Akumah had virtual meetings with Mayor Patrick Brown to explore future collaborations.

Since then, Treepz has attracted several Canadian investors and strengthened ties with key institutions like the World Trade Center’s TAP program by the Black Entrepreneurship Alliance and the Brampton Entrepreneurs program.

The interest in Canada also stems from real-world opportunity. With over 16.5 million Canadians commuting daily and nearly 39 million outbound trips recorded in 2024, the demand for reliable, efficient corporate travel solutions is booming, and Treepz is ready to meet that demand.

A Strategic Launch with a Prestigious Client

The launch was made even more momentous with the announcement of Treepz’s first corporate travel client in Canada: a two-year partnership with the African Impact Initiative, supported by the University of Toronto. Through this partnership, Treepz will coordinate comprehensive travel logistics, including flights, accommodation, local transportation, and experiences, for delegations traveling to South Africa, Kenya, Ghana, and Rwanda annually.

This partnership is more than a business win, it’s a validation of Treepz’s reputation, scalability, and operational excellence.

A Warm Welcome from Brampton

Mayor Patrick Brown, a consistent supporter of Treepz since 2021, hosted the company’s founders at Brampton’s City Hall and delivered a stirring endorsement:

“Treepz has brilliant founders. Six million users in its first five years across multiple countries? It’s purely impressive. Corporate mobility is part of the global logistics conversation, and they are at the heart of it. If you can handle traffic in Lagos, you can handle it anywhere in the world. Treepz, welcome to Brampton. Welcome home.”

Also in attendance was Erica Henry-Jackman, Brampton’s manager for Investment Attraction and International Relations, who noted:

“Treepz was our first Nigerian company when we launched the BHive program. So this feels like a homecoming moment.”

A New Chapter for African Tech

Treepz’s success is not just a company milestone, it is a powerful symbol of what African startups can achieve on the global stage. Supported by a visionary team and committed investors, Treepz is paving the way for homegrown African solutions to address global mobility and corporate travel needs.

As Akumah concluded:

“We are now a global brand directly serving customers on two continents. But this is still only the beginning. We’re inviting more corporations to join us, to choose Treepz as their trusted corporate travel partner.”

Thank you to the Mayor of Brampton, Patrick Brown, and his team, including Erica Henry-Jackman, Uche Okugo, Garnett Manning, and Alison Theodore, who have supported us since 2021, leading up to this day. We are also grateful to the likes of Efosa and Osas Obano, who ensured we could secure our first contract with the University of Toronto’s sponsored African Impact Initiative. It’s been almost one year of work, but we are now live, and from here on, we invite more corporations to choose Treepz as their corporate travel partner. The evidence of 6 million customers we’ve served for more than 5 years is proof that we are ready to serve you as well.”

With Treepz planting its flag in Canada, a new page has turned in the global startup story, one where innovation from Africa is not just participating in the future, but shaping it.

The post Treepz, Africa’s Corporate Travel Startup, Launches in Canada appeared first on Tech | Business | Economy.

Techstars is a global investment business that provides access to capital, one-on-one mentorship, and custom programming for early-stage entrepreneurs.

Since 2006, Techstars has invested in more than 2,900 companies and today has a market cap of $29 Billion.

Thus, Akumah’s achievement is particularly remarkable considering fewer than five All-Star Mentors from Africa within the entire 4,000+ Techstars Mentor Network globally.

Over the past three years, he has actively provided mentorship for more than 60 startups and founders, demonstrating his unwavering commitment to nurturing the next generation of entrepreneurial leaders.

Techstars, which is the largest pre-seed investor in the world as of 2023 according to PitchBook, is a renowned global platform for investment and innovation and selects only a handful of outstanding mentors each year from its extensive network of entrepreneurs, investors, and industry leaders. These individuals are chosen for their exceptional expertise, leadership, and commitment to supporting the next generation of startup founders.

Commenting on his recognition, Akumah expressed his gratitude and excitement, stating, “I am deeply honoured to be named a Techstars Global All-Star Mentor for 2023. I am committed to leveraging this platform to empower the next generation of entrepreneurs and foster innovation that drives positive change across Africa and beyond.”

Akumah’s appointment as a Techstars Global All-Star Mentor is a testament to his notable achievements and contributions to the startup ecosystem. As the CEO and Co-founder of Treepz, Onyeka Akumah has demonstrated a profound dedication to driving innovation and empowering mobility solutions that improve daily commutes for individuals and businesses across the African continent with close to 5 million customers served.

Through his mentorship, Akumah has shared his invaluable insights and experiences, guiding startups to overcome challenges, scale their businesses, and create meaningful impact. His passion for empowering entrepreneurs aligns with Techstars’ mission to support and invest in the world’s most promising startups.

Commenting on Akumah’s contributions, Sarah Wadud, senior manager, TechStars Global Mentor Program remarked,

“Onyeka Akumah’s esteemed recognition is not merely a title but a testament to his exceptional dedication, expertise, and the profound impact he has made within our community. Being chosen for the All-Star Mentor program signifies him standing among the top 1% of our mentor population, highlighting his unparalleled contributions and the significant difference he makes in the lives of those he guides.”

As a TechStars Global All-Star Mentor, Onyeka Akumah will play a pivotal role in guiding and mentoring aspiring entrepreneurs from around the world.

Drawing on his extensive experience and expertise over the last 18 years of his career, he will provide invaluable insights, strategic guidance, and mentorship to help startups navigate the complexities of building and scaling successful businesses.

The post Treepz CEO, Onyeka Akumah Named Techstars Global All-Star Mentor ’23 appeared first on Tech | Business | Economy.

Nigeria has the highest number of tech startups in Africa with over 3,360 as of 2024. That’s more than Egypt and Kenya combined! 

But again, Africa has the highest entrepreneurial rate globally, with 22% of its working-age adults in the space, yet it also holds the crown for the greatest fear of failure among budding entrepreneurs.

Why the paradox? Perhaps it’s the daily duel with inflation, unstable exchange rates, or even the high stakes of being courageous in an unstable market. 

Nevertheless, Africa’s perceived opportunities and credibility are one to commend, creating a system where innovation thrives despite the odds.

Today, we dive into the stories of 10 entrepreneurs to watch in 2025, having gone through challenges, overcame them, and still driving through the rough roads.

These, among many others, are the leaders turning challenges into achievements, from enhancing financial technology to bolstering transport and embracing blockchain as well as cybersecurity innovations. 

These entrepreneurs reiterate the fact that Africa isn’t just watching the world evolve, it’s involved in the processes.

Fintech and Digital Commerce

1. Mitchell Elegbe

Mitchell Elegbe, the founder and group managing director of Interswitch Group, is one with a huge impact on Africa’s financial technology sector. His impact was globally recognised in 2024, when he was appointed to the jury for the Ernst & Young (EY) World Entrepreneur of the Year (WEOY) Awards, held in Monte Carlo, Monaco.

Elegbe was inducted into the 2023 WEOY Hall of Fame becoming the first African entrepreneur to win in both the emerging and master categories of the awards. 

In 2024, his role as a juror further boosted his global profile, placing him as a representative of African innovation. His contributions to digital payments and financial inclusion were further recognised when he was named one of the top fintech CEOs of 2023 by the Financial Technology Report, joining the ranks of leaders from PayPal, Visa, and Mastercard.

Under Elegbe’s leadership, Interswitch has remained at the fore of Africa’s payment efficiency. Having transformed the company into a unicorn in 2019, Interswitch has expanded its footprint across 23 African countries, providing solutions that have made cross-border payments seamless. Its platforms, such as Quickteller and Verve, have become integral to financial transactions across the continent.

Elegbe’s accolades also include receiving the Lifetime Achievement Award at the CIO Awards Africa, recognising his contributions to Nigeria’s technology sector. Through his advocacy for innovation and mentorship of young entrepreneurs, Elegbe is building a new generation of African business leaders. His focus on leveraging technology to drive economic development places him among the top entrepreneurs to watch in 2025.

2. Elsie Godwin

Elsie Godwin is the perfect blend of creativity, strategy, and innovation. As the co-founder and chief operating officer of Cashwise Finance, she recently led the launch of a daring fintech platform that bolsters global remittance. 

With features like Virtual USD Cards and Zelle integration, Cashwise aims to simplify international transactions while maintaining compliance across multiple jurisdictions. The app’s transparent pricing and user-centric ethos make it a game-changer in the fintech space.

Beyond fintech, Elsie Godwin is a seasoned marketing and communications professional and a respected media personality. With a career spanning diverse sectors, she has established herself as a master of strategic impact and innovation. 

She is the founder and lead strategist at Mind-Mastik Media, a dynamic marketing agency through which she has driven success for various brands by leveraging data-driven insights and trend-savvy strategies. Throughout her career, Elsie has been instrumental in shaping go-to-market strategies for brands in both the Web2 and Web3 spaces. 

Her notable achievements include facilitating the institutional partnership between Pan Atlantic University and Emurgo Africa, which played a pivotal role in advancing blockchain adoption across Africa. She was recognised as one of the Top 40 African Women in Blockchain for her contributions to the blockchain ecosystem.  

Her media presence includes features on Nigeria Info, NewsCentral, TV Plus TV Africa, Arise News, R2TV, Lagos Traffic Radio, and Guardian Nigeria. She has also collaborated with top agencies like BHM, Plaqad, HK Strategies, DottsMedia, Alder Consulting, and Anakle to amplify brand stories. As a Google influencer affiliate, she leverages her platform to share impactful narratives. 

Her dedication to meaningful conversations led to organising Africa’s most prominent bloggers’ conference in 2018 and UnwontedConvos in 2019. Currently, she hosts The Smartpreneur Show, where she highlights the journeys of industry leaders and entrepreneurs. She is a co-host at Nigeria’s number one talk radio station, Nigeria Info, and has recently been seen on an advocacy show on NewscentralTV’s ‘A Place At the Table’.

These combined experiences and achievements make her extraordinary in the drive for impact and innovation.

Telecoms Business

3. Kingsley Adonu

Kingsley Adonu, the founder and CEO of S Mobile Group, is one entrepreneur who is changing the role of technology and business in Africa. His initiatives in 2024 make him one of the most daring entrepreneurs to watch in 2025. 

Adonu’s most commendable achievement of the year was his announcement of the S Mobile Tech Hub in Enugu State, a Corporate Social Responsibility (CSR) project aimed at promoting innovation, youth entrepreneurship, and job creation.

The hub, which comprises cutting-edge facilities such as robotics labs, high-speed internet, and co-working spaces, reiterates Adonu’s goal to empower young Nigerians. Aligning with the vision of Governor Peter Mbah to revitalise Enugu State’s economy, the hub seeks to create a rich startup ecosystem in the region. 

As the CEO of S Mobile Group, a conglomerate operating across telecommunications, real estate, oil and gas, and more, Adonu’s leadership has placed his company as a key partner of MTN Nigeria. His record-breaking performance in 2024, becoming MTN Nigeria’s top partner in airtime and data distribution, is a milestone for the Southeast region. 

Beyond his business ventures, Adonu’s influence includes academia and philanthropy. He was appointed as a patron of the Students Union Government at the University of Nigeria, Nsukka, strengthening his dedication to youth empowerment and education. In his acceptance speech, Adonu reaffirmed his focus on championing digital skills development among young people, revealing his vision of a brighter, tech-driven future for Nigeria.

Adonu’s recognition at the MTN Nigeria Partners Award and his international presence at telecom conferences have further firmed up his prestige as a leader who blends business acumen with a passion for societal impact. 

Transport | Logistics 

4. Chidi Ajaere

Chidi Ajaere is one of the most interesting young entrepreneurs in Nigeria, leading a diverse and thriving conglomerate with over 5,000 employees. As the chairman of GIG Group, Ajaere has masterminded the expansion of the company into various sectors, including logistics, aviation, real estate, banking, energy, and automobile manufacturing. 

In 2024, President Bola Tinubu appointed him to the newly established Presidential Economic Coordination Council (PECC), a body designed to drive economic growth and policy reform in Nigeria. As one of 31 distinguished members, Ajaere’s inclusion in the council further shows how well he is doing in the entrepreneurial space, placing him as one of the most promising entrepreneurs to watch in 2025.

His innovative mind has led to the creation of subsidiaries such as GIG Logistics, GIG Motors, Stella’s Banking and Finance, Richmondhill Real Estate and Property, Ziuss Energy, Oil & Gas, GIG Aviation, and, most recently, Jet Motors, a pioneering African electric vehicle (EV) manufacturer.

Under Ajaere’s leadership, GIG Logistics has flourished, expanding its reach to the United States, United Kingdom, China, and West Africa, delivering services that range from courier and e-commerce logistics to on-board courier services and packaging solutions. 

The company’s partnerships, such as the one with Aim Higher Africa in 2019, where it launched the “Back-2-School Giveaway” for underprivileged children, show that Ajaere aims big when it comes to social impact. Again, GIG Logistics has innovatively responded to Nigeria’s motorcycle ban by converting motorcycles into dispatch vehicles, creating an additional revenue stream for the business.

One of Ajaere’s crowning achievements came with the launch of Jet Motors, which introduced the JET MOVER, a multipurpose van, and an electric vehicle model that pushes Africa’s transition to eco-friendly transportation. The National Automotive Design and Development Council (NADDC) purchased electric vehicles from Jet Motors, reiterating Ajaere’s focus on reducing carbon emissions in Nigeria.

5. Onyeka Akumah

Onyeka Akumah, the co-founder and CEO of Treepz, is one with an obvious impact felt across the transportation sector in 2024, earning accolades that reflect his leadership. Akumah was named one of Africa’s Under 40 CEOs and received an honorary doctorate from Prowess University, Delaware, USA. His role as a Techstars Global All-Star Mentor further highlights his drive for entrepreneurial talent across Africa.

Treepz’s innovative corporate mobility solutions garnered recognition, with the company winning the Best Startup Pitch in Africa award at the African Union Private Sector High-Level Conference in Lusaka, Zambia. This was accompanied by cash awards from Afreximbank and Google, emphasizing Treepz’s impact on the mobility sector in Nigeria, Ghana, Uganda, and Kenya.

Akumah’s work in real estate through Small Small Technology and in agriculture with Farmcrowdy, Mazia Honey & Tea, and Nyeri Hills Coffee have positively impacted thousands of individuals across the continent. His mentorship of over 60 startups and his contributions as a visiting lecturer at the Rome Business School reiterates his zeal to empower entrepreneurs.

Akumah is a role model for entrepreneurs aiming to scale their ventures while addressing pressing societal needs.

eCommerce | Delivery 

6. Prince Nnamdi Ekeh

Prince Nnamdi Ekeh, CEO of Konga Group, is pioneering innovation in Nigeria’s e-commerce sector. In 2024, he tackled challenges such as logistics inefficiencies, exchange rate instability, and corruption, helping Konga’s efficiency in the industry. 

Under his leadership, Konga introduced solutions like Konga Prime, a subscription-based delivery service offering unlimited free delivery, and KongaPay, a secure digital payment platform enhancing financial inclusion.

Ekeh’s creative approach has transformed Konga into a hybrid e-commerce model that combines online and offline retail. This model has bridged gaps in Nigeria’s diverse market, providing logistical support through Konga Express and expanding product categories to take care of evolving customer needs. Again, Konga has onboarded numerous Nigerian SMEs, supporting local businesses and enabling economic growth.

In 2024, Ekeh led youth empowerment and technology adoption, recognising Africa’s youthful population as key drivers of change. His advocacy for intra-African trade and blockchain technology further accentuates his drive to leverage innovation for economic growth. With his exceptional foresight and leadership, Prince Nnamdi Ekeh is among the top entrepreneurs to watch in 2025.

Cybersecurity

7. Samuel Ubido

Samuel Ubido’s accomplishments have strengthened his standing as a thought leader in cybersecurity and fintech investments. As a Chartered Engineer with the Institution of Engineering and Technology, his expertise spans decades of engineering and cybersecurity merit. In 2024, he joined First Circle Capital as a Venture Partner, focusing on African fintech investments.

His influence extended globally as he led key panels at GITEX AFRICA, Fintech Surge, and Money20/20 Middle East, addressing topics like financial inclusion and cybersecurity. Samuel also launched his YouTube channel, Cyber Monday with Sam, where he shares insights into cybersecurity and innovation.

At Techinnovate Group, Samuel facilitated investor roundtables and strategic partnerships for organisations like NITDA Nigeria, Kigali International Financial Centre, and Wema Bank Plc. The company plans to launch a Cybersecurity Conference and Training Programs to develop talent and protect critical assets in 2025, collaborate with the University of Oxford to offer an Offline Education System, providing global access to quality education and strengthen trade links between the Middle East and Africa, providing African startups and SMEs with mentorship and funding.

Samuel’s ability to merge technical expertise with investment vision has placed him among the top entrepreneurs to watch in 2025. 

Aviation 

8. Chukwuerika Achum

As the CEO of Nigerian business aviation firm Vivajets, Chukwuerika Achum is driving integration and connectivity across Africa. In 2024, Vivajets showcased its innovative edge by attending the Africa CEO Forum in Kigali, Rwanda, where Achum highlighted the role of business aviation in overcoming Africa’s logistical and geographical challenges. The firm’s digital platforms, CharterXE and FlyPJX, have boosted private aviation by making it more accessible and affordable.

Vivajets also made a move into the fashion industry during the 2024 Lagos Fashion Week, debuting exclusive cabin crew attire designed by Ivorian designer Loza Maléombho. Inspired by the African Kinkeliba tree, the uniforms seamlessly blended cultural heritage with luxury, cementing Vivajets as a symbol of African elegance and innovation.

Achum also took part in the Invest in Africa Conference (AFSIC) in London and announced Vivajets’ sponsorship of the Africa Financial Summit (AFIS) 2024 in Casablanca, Morocco. Under his leadership, Vivajets has expanded its fleet, grown its global routes, and strengthened its place in the $1.09 billion African business aviation market, projected to reach $2.14 billion by 2030.

Digital Assets

9. Chuta Chimezie

Chuta Chimezie is a force in Africa’s blockchain and tech innovation sectors. He is the founder of the Blockchain Nigeria User Group (BNUG) and CEO of BlockSpace Technology Innovation Hub, who has built communities focused on blockchain exploration and development. In 2024, BNUG hosted Nigeria’s largest blockchain and cryptocurrency events, promoting education and collaboration within the industry.

Chimezie also had academic achievements, completing a pre-MSc program in Blockchain and Digital Currency at the University of Nicosia, Cyprus, and continuing an MSc in Cryptocurrency. His book, Seizing Opportunities in Blockchain & Digital Currency Revolution, is a definitive guide for enthusiasts walking through the complex blockchain industry.

As an advocate for open-source technologies, Chimezie has spent nearly a decade training individuals in Drupal and other open-source platforms. His upcoming book, Building Blocks of Blockchain StartUP Entrepreneurs, focuses on empowering the next generation of tech leaders. 

Interestingly, his expertise includes 3D printing, robotics, and drone technologies, making him a multifaceted innovator to watch in 2025.

Communications | PR

10. Ayeni Adekunle

Ayeni Adekunle, founder and CEO of BlackHouse Media (BHM), showed his ability to lead the communications sector to new levels in 2024.

Under his stewardship, BHM was listed by Financial Times among the fastest-growing companies in Africa for the second consecutive year. 

The FT ranking, which evaluates the compound annual growth rate (CAGR) of independent African companies, affirmed BHM’s solid revenue growth and strategic market expansion.

Ayeni’s vision to create a global communications services company rooted in Africa is gaining traction, bolstered by BHM’s innovative initiatives such as the continent’s first PR & Communications Report and the World PR Day celebrated annually on July 16. His company’s data-driven approach and resilience in the African business industry have placed him among the top entrepreneurs to watch in 2025.

Not just BHM, Ayeni’s contributions to the broader marketing and entertainment sectors through platforms like TheNETng and the Nigeria Entertainment Conference (NEC Live) have also been recognized. With his longstanding track record, Ayeni is one of the innovators building Africa’s communications and media industries.

The post 10 Entrepreneurs to Watch in 2025 appeared first on Tech | Business | Economy.

Through its partnerships with leading companies including, Parallex Bank and KingMakers, owners of Betkings, Treepz has continued to expand its services by providing transportation solutions for over 50,000 employees monthly.

This collaboration highlights Treepz’s growing influence and its ability to meet the evolving needs of corporate clients.

Beyond this remarkable achievement, the corporate mobility startup also made history as the first mobility startup in Africa to successfully complete an international cross-border rental trip between two African countries.

This historic journey which covered nearly 1400 kilometers, featured a fleet of 2 well-maintained coaster buses and 3 Toyota Hiace buses.

It took place from August 7, 2024, to August 11, 2024, transporting 96 passengers from Lagos, Nigeria, to Cotonou, Benin Republic, and back.

Commenting on the 5-year milestone achieved, Johnny Enagwolor, Treepz COO & Cofounder, said the anniversary is not more than a journey celebration.

He noted:

“It marks a giant leap forward in solving the mobility challenges faced by many African countries. From the beginning, our goal has always been to redefine how people and businesses move across the continent, and we are committed to empowering 1 million daily commuters with options to move better in Africa.”

In light of these milestones, Treepz is set to launch a highly enhanced, all-in-one version of its mobility application for corporate firms and individual users across the continent.

Scheduled to go live first in Lagos, Nigeria on October 1, 2024, the revamped app is designed to address the real transportation challenges faced by its diverse users.

By integrating Treepz’s core services – Business Treepz, Rental Treepz, and others into one single intuitive platform, the app offers a more streamlined, efficient, and reliable transportation experience.

Speaking about the app, Onyeka Akumah, Treepz CEO & Founder noted that the new app considers the specific transportation needs of different corporate firms and individual users.

Onyeka said:

“Our innovative mobility app, the first in Africa, is designed to meet different users’ needs. Businesses and schools can manage transportation with Business Treepz, while individuals can rent vehicles through Rental Treepz for airport transfers, executive travel, group trips, or special events like conferences and weddings.”

“With our upcoming app launch in the next few weeks, we invite all businesses, enterprises, non-profit organizations, private and public institutions, and non-profit organizations in Lagos to come to experience a better way to move,” he added.

Since its inception in 2019, Treepz has worked closely with numerous clients across different sectors in Africa, including banks, travel agencies, and event planners in Africa to provide them with customized for their mobility needs.

Treepz has also completed over 5 million customer journeys and built a community of over 2000 registered drivers and 600 vetted drivers across Nigeria, Ghana, Kenya, and Uganda. Additionally,  Treepz has also helped cut down over 50,000 kg of C02 emissions through its advanced technologies.

As Treepz continues to innovate and expand its services, the startup remains the leader in Africa’s corporate mobility landscape.

The post Treepz Marks 5th Anniversary with Upgraded Mobility App for Firms, Individuals appeared first on Tech | Business | Economy.

This historic journey, which took place from August 7, 2024, to August 11, 2024, successfully transported 96 passengers from Lagos, Nigeria, to Cotonou, Benin Republic, and back.

The successful execution of this international cross-border trip is a huge one for Treepz, adding a new dimension to its service offerings and showcasing the company’s capability to meet the growing demand for reliable transportation solutions across Africa.

Onyeka Akumah, founder and CEO of Treepz, highlighted that Treepz being the first corporate mobility startup to accomplish this milestone is a proud moment for the organisation. “Every day at Treepz, we are motivated by the opportunity to win after building systems for effective transportation in Africa. This is exemplified by Treepz being the pacesetter for similar companies to learn what is possible, emulate our journey and build better transportation for Africans.

“Over the past five years, Treepz has consistently been at the forefront of innovative mobility solutions in Africa. Through our cutting-edge rental marketplace,  we have completed the transportation of over 5 million passengers within the cities of the countries we operate, specifically Nigeria, Ghana, Kenya and Uganda. Interestingly, this is the first time Rental Treepz has moved people across international borders and this milestone has further reinforced us as a leader in the African mobility industry” Onyeka added.

Johnny Enagwalor, COO and co-founder of Treepz, also commented, “Completing this cross-border rental trip is not just a testament to our operational excellence; it’s a bold step forward in redefining mobility across Africa. This achievement opens the door for us to innovate further, creating new pathways for cross-border travel that were previously unavailable.”

“We are genuinely excited to have facilitated a safe and seamless travel experience for the 96 passengers on this journey. This trip exemplifies our commitment to helping millions of people move better across the continent, and we look forward to expanding these services to meet the needs of more customers and partners,” Johnny remarked.

Sharing their experiences from the trip, Jennifer, a passenger on this historical journey, expressed, “The entire journey was exceptionally smooth. The Treepz buses were not only comfortable but also equipped with amenities that made the long ride enjoyable. The professionalism of the drivers gave me peace of mind, and I truly felt valued as a passenger.”

Benard, another traveller, said that Traveling with Treepz from Ikeja City Mall, Lagos to Cotonou was an unforgettable experience for him. “The meticulous planning and attention to detail were evident throughout the trip. I wholeheartedly recommend Treepz’s services to anyone seeking reliable and efficient cross-border transportation in Africa.”

The round trip, which covered nearly 1400 kilometres, featured a fleet of 2 well-maintained coaster buses and 3 Toyota Hiace buses. Each vehicle was operated by professional drivers and included full insurance coverage, real-time tracking, and efficient communication throughout the journey, enhancing the overall travel experience.

Meanwhile, earlier last month, the mobility startup announced its partnership with two top firms in Africa to provide over 14,000 employees’ monthly commutes through its innovative staff bus service. They partnered with KingMakers, owners of BetKing and Parallex Bank, a premium financial institution to exclusively offer affordable, convenient and reliable employee transportation services for their staff members.

“Furthermore, Treepz will leverage its cutting-edge technology and high-quality vehicles to provide tailored commuting solutions that cater to the unique needs of KingMakers and Parallex Bank’s workforce. This will address common commuting challenges such as traffic congestion and unreliable public transport. Today, we are looking forward to partnering with more reputable brands like KingMakers and Parallex Bank in the future”, Onyeka Akumah said, while commenting on the dual partnerships. 

Onyeka Akumah added that in 2023 alone, Treepz completed over 50,000 trips for Parallex Bank, which helped to reduce lateness by 35% and boost employee productivity. 

Treepz is focused on making life better for millions of people with solutions to move better. Currently, the company operates in 16  cities and has served over 5 million passengers across Nigeria, Kenya, Ghana and Uganda.

Its other range of on-demand mobility services includes guest transportation, school bus shuttling, and airport transfers. 

The post Treepz Becomes First African Mobility Startup to Complete International Cross-Border Rental Trip appeared first on Tech | Business | Economy.

The esteemed Africa’s Under 40 CEO’s Awards & Summit held recently on Saturday, April 13th, 2024 serves as a prestigious platform to celebrate young and influential African business leaders under the age of 40.

Organized annually by c, the award aims to honour visionary leaders who are driving economic growth and transformational impact across the continent through their exceptional leadership.

Recipients of the prestigious Africa’s Under 40 CEOs Awards 2024 were also conferred an Honorary Doctorate Degree (PhD) from Prowess University Delaware USA, as well as Fellows of the Global Institute of Leadership & Governance South Africa.

Expressing his gratitude, Onyeka Akumah remarked,

“I am humbled and honoured to receive this prestigious award as one of Africa’s Under 40 CEO’s. This recognition is a testament to the hard work and dedication put together by the Treepz team, to revolutionize the transportation industry.”

“I am proud to be part of a generation of African leaders who are driving innovation and progress on the continent. This award serves as a reminder that our efforts are making a positive impact, and I look forward to continuing to push boundaries and shape the future of transportation in Africa.”

Onyeka Akumah is a renowned technology serial entrepreneur with a remarkable track record. Prior to founding Treepz in 2019, he has been instrumental in the development of key sectors of the African economy with the impact of his businesses in real estate where Small Small Technology has served 12,000 homeowners or tenants, his work in the agriculture sector with Farmcrowdy in Nigeria, Mazia Honey & Tea in Ghana and Nyeri Hills Coffee in Kenya. More recently, Onyeka has invested in over 10 promising startups.

Akumah was also recently celebrated as one of the Top All-Star Mentors from Africa by Techstars – A Global early-stage investor and was very recently a visiting lecturer in Entrepreneurship and Marketing at the Rome Business School.

The post Onyeka Akumah, Treepz CEO wins Africa’s 40 Under 40 CEO’s Awards in Uganda appeared first on Tech | Business | Economy.

Ajoke brings a wealth of 13 years of expertise in Sales and Customer Success across diverse industries including Telecoms, Tech, Agriculture, Hospitality, and Entertainment.

Ajoke Yusuf, a seasoned professional, has demonstrated her proficiency in managing over 100 strategic enterprise accounts and sales pipelines, leading teams, and engaging diverse stakeholders.

Her focus on Sales, Business Development, and Communication has significantly contributed to the growth and profitability of prominent companies within the African ecosystem.

Before joining Treepz, Ajoke’s career journey included successful stints at 9mobile, PlatinumPlus TV, Farm Crowdy, Crowdyvest, and Eden.

Her excellence in customer care management, service delivery, customer retention, and new business development has left an indelible mark on each organization she has been part of.

In her new role as Country Manager for Treepz Nigeria, Ajoke Yusuf is poised to bring her wealth of experience to further strengthen Treepz’s position in the Nigerian market. Her strategic vision aligns with Treepz’s commitment to providing innovative car rental and sharing solutions across the continent.

Sani Chanchangi as new Business Development & Sales Coordinator for Treepz Nigeria 

In a similar development, Treepz has welcomed Sani Chanchangi as the Business Development Manager and Sales Coordinator for Nigeria.

With over 6 years of experience in the Hospitality and Real Estate sectors, coupled with a strong background in marketing and sales, Sani brings a multifaceted skill set to the team.

Sani Chanchangi’s additional background in the transportation business aligns perfectly with Treepz’s mission to revolutionize the car rental and sharing industry.\

His expertise positions him as an asset to drive business development initiatives and coordinate strategic efforts for Treepz in Nigeria.

Commenting on the dual appointments, Onyeka Akumah stated, “We are thrilled to welcome Ajoke Yusuf and Sani Chanchangi to our leadership team. Their wealth of experience and diverse skill sets align perfectly with Treepz’s commitment to innovation and growth. These appointments underscore our dedication to strengthening our leadership team for sustained success and expansion in the Nigerian market.”

“As Treepz looks ahead to 2024, the focus is crystal clear centred on the customer and the bottom line.\

“The year will witness us sharing brand stories better through customer experiences, with milestones set for Treepz’s 5th year in business by Q4 2024.

“Ajoke Yusuf and Sani Chanchangi’s appointments align with this forward-looking vision, contributing to Treepz’s commitment to innovation, customer satisfaction, and continued success”, Onyeka Akumah said.

The post Treepz Appoints Ajoke Yusuf as Country Manager for Nigeria appeared first on Tech | Business | Economy.

• A total of 1,2960,611 passenger trips were facilitated and completed in 2023, seamlessly connecting people across cities.
• In 2023 alone, the company added 6 new cities to the platform, increasing Treepz’s footprints to 16 cities, across 3 regions worldwide.
• 668 vehicles were onboarded on the Treepz marketplace within 8 months, to offer wide transportation options for its diverse user base.
• Customers across the continent have used Treepz technology to commute better over 4 million times since launch.

Reports from Treepz, Africa’s leading shared mobility platform, shows the company had a stellar performance in 2023.

Techeconomy takes a look at Treepz’s resilience as demonstrated in the ‘2023 Year in Review Report’, showcasing its growth and transformative impact.

A Resilient Year in Review:

Now doubt, the past year posed significant challenges in the transportation industry, particularly in Africa, with frequent petrol price hikes, high cost of vehicle maintenance, with the hyperinflation, especially in Nigeria, these impacted the movement of people.

“However, despite these challenges, we navigated through the complexities and emerged at the end of the calendar year as a stronger industry player than ever before”, Onyeka Akumah, the CEO and co-founder, Treepz, said during a meet and greet session with the media recently.

Treepz platform is meeting the diverse needs of users

What began as a simple vision to solve the transportation challenges in Lagos, Nigeria with technology, Treepz has evolved into a global phenomenon.

Today, the platform is providing better transportation solutions for more than four million customers across six countries and three continents.

Akumah speaks:

“Our expansion beyond Nigeria is a testament to the scalability and effectiveness of the Treepz platform in meeting the diverse needs of users globally.

“Earlier in the year, we expanded our footprints to East Africa with the launch of Treepz in Kenya. This strategic expansion marked a significant stride in expanding the company’s presence in East Africa, enhancing accessibility and tailoring transportation solutions to diverse commitments.

Corporate Governance

Treepz’s growth can be traced to its corporate governance culture (CGC) built on a system of rules and practices that determines how it operates and how it aligns with the interest of all its stakeholders.

Good corporate governance fosters ethical business practices, which lead to financial viability.

Thus, in 2023, Treepz solidified its foundation for long-term sustained growth and governance by appointing reputable professionals to the board of directors.

They include,

1. Ebenezer Arthur, Managing Partner of Wangara Capital Partners and Managing Director of Wangara Green Ventures, with 18 years of experience in sales, transportation, and technology, focusing on impact investing.
2. Adejare Rasheed Olaoluwa, former CEO of the Bank of Industry in Nigeria, offers strategic management and financial expertise.
3. Laura Venasse, a Partner at LaBarge Weinstein, brings her legal and business acumen to provide governance oversight, and
4. Jane Egerton-Idehen, chair of the Board, an experienced Fortune 500 technology executive with a telecommunications background, promising valuable insights for Treepz’s strategic direction.

Financial Milestones and Self-Sustainability

As Akumah said, one of the Treepz’s pivotal achievements in 2023 was the attainment of financial milestones, with revenues for both Nigeria and Kenya reaching the break-even point.

“This marked a crucial step toward achieving a 100% self-sustaining position for Treepz. The financial stability achieved in 70% of all markets, including our home base in Nigeria and the newly launched Kenya operations, positions Treepz for sustained growth and resilience in the dynamic landscape of shared mobility.

“Moreover, in less than a year since the launch of Treepz’s marketplace in 2023, our platform generated over $1.2 million in earnings for our hosts (vehicle owners), demonstrating our commitment to uplifting and empowering lives and livelihoods across the globe economically.

Usage Statistics

Treepz facilitated and completed a total of 1,2960,611 passenger trips in 2023, seamlessly connecting people across cities.

“In 2023 alone, we also added 6 new cities to our platform, increasing Treepz’s footprints to 16 cities, across 3 regions worldwide.

“668 vehicles were onboarded on the Treepz marketplace within 8 months, to offer wide transportation options for our diverse user base. Customers across the continent have used Treepz technology to commute better over 4 million times since launch”, the co-founder said.

Beyond Transportation

The tale with Treepz doesn’t end with commuting alone. Treepz now extends its reach beyond transportation alone, positively impacting various facets of users’ lives and the environment.

“At the heart of our mission is a steadfast commitment to environmental sustainability, showcased by a remarkable reduction of 922,124 Kg of carbon emissions in 2023. Treepz actively contributes to fostering a greener environment, aligning our efforts with global initiatives to combat climate change and alleviate the ecological impact of transportation.

“Furthermore, Treepz has played a pivotal role in supporting businesses by ensuring the safe daily commutes of 5,127 employees.

“This initiative underscores Treepz’s broader impact in addressing crucial transportation needs and enhancing the efficiency and well-being of employees across diverse organizations”, Akumah said.

Overall, Treepz continues to play a transformative role in the broader spectrum of users’ lives, forging a path towards a sustainable and connected future.

Treepz has started its 2024 journey with the appointment of a new country manager for Nigeria – Read Here.

A message from Onyeka Akumah, CEO/co-Founder of Treepz:

The post Treepz 2023 in Review – Transports 1.2 million Passengers, Adds Six New Cities, 668 Vehicles and More appeared first on Tech | Business | Economy.

This collaboration addresses a crucial aspect of the car rental industry—insurance coverage, which significantly influences travelers’ choices. 

A study by the Insurance Information Institute revealed that 62% of respondents factor in insurance coverage when selecting a car rental service. Treepz Care aims to provide comprehensive coverage, ensuring peace of mind for both guests and hosts within the Treepz community.

Treepz Care offers a range of insurance services tailored for guests and hosts, including:

Guest Protection:

• Coverage for accidents, including death, bodily injuries, and disabilities.
• Benefits encompass death benefits, permanent disability coverage, and medical expenses.

Host Protection:

• Driver accident insurance covering accidents, including death, bodily injuries, and disabilities.
• Benefits include death benefits, permanent disability coverage, and medical expenses.

Comprehensive Insurance:

• Coverage for own vehicle damage, third-party liability, and theft.
• Benefits include repair or replacement in case of an accident and replacement or payment in case of theft.

3rd Party Insurance for Vehicle Owners:

• Coverage for third-party accidents, including death, bodily injuries, and disabilities.
• Benefits encompass funeral expenses, medical expenses, and compensation for the loss of personal belongings.

To simplify the insurance adoption process, Treepz has integrated guest protection coverage seamlessly into the booking process, requiring no additional steps for guests to enjoy its benefits. Hosts can opt-in for various policy covers, including host protection, third-party vehicle insurance, and comprehensive vehicle insurance during their onboarding process or through the Treepz app.

Travel and tourism are vital sectors in countries like Nigeria, Ghana, Uganda, and Kenya. Car rental services play a big role in empowering tourists to explore these diverse regions with confidence. Treepz Care, with its comprehensive insurance offerings, aims to enhance this experience for travelers and hosts alike.

Treepz, as the sole car-sharing marketplace deploying embedded insurance for car rentals at this scale on the continent, remains committed to building the largest car-sharing marketplace in Africa. Treepz Care protrudes this mission, reflecting the company’s dedication to safety and customer satisfaction.

Onyeka Akumah, CEO of Treepz, expressed his excitement about the partnership, emphasizing the importance of safety in the travel and mobility sectors. Gbenro Dara, CEO of Octamile, echoed these sentiments, highlighting their joint mission to ensure safety and peace of mind for Treepz users.

This collaboration is a forward thrust in the travel and mobility industry, catering to the evolving needs and preferences of consumers across Africa. Treepz Care reteirates Treepz and Octamile’s zeal for innovation and customer-centric solutions in the insurance landscape.

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