Many founders believe a failed virtual assistant hire means delegation does not work. In this article, Daniella Bown explains why the real issue is often hiring the wrong type of support. As African businesses scale, founders need strategic executive assistance that can manage complexity, reduce bottlenecks, and create the operational capacity needed for sustainable growth.
Tag: African founders
Innovate Africa Fund Proves ‘Founder-First’ Model: Inaugural Portfolio Unlocks 5x Follow-on Capital at Concept Stage
Innovate Africa Fund’s inaugural Year in Review demonstrates how a founder-first, product-led investment model can unlock outsized results at the concept stage. Launched with a US$2.5M rollout, the early-stage fund selected just three portfolio companies from more than 5,600 applicants, backing founders solving Africa’s most complex challenges. Within months, flagship investments TNKR and Oikus secured 5x follow-on angel capital, validating the Fund’s disciplined approach to structured experimentation, early pivots, and hands-on support. The report highlights how patient capital, rigorous founder selection, and product-first validation are reshaping early-stage venture building in Africa.
TLcom Expands TAPSI Pre-Seed Portfolio with Investment in TurnStay
TLcom Capital expands its TAPSI pre-seed fund with TurnStay, deploying 50% of its $5M to back Africa’s early-stage startups and drive digital innovation.
Madica Welcomes New Startups to its Investment Program, Expands North African Footprint
Madica, a pre-seed investment program for African startups, has expanded its North African presence by welcoming new startups into its investment program.