BEVERLY HILLS, March 29, (THEWILL) – Co-founder of FirstCheck Africa, Eloho Omame, has won an international award in France.
Omame, who is also a Board member at Endeavor Nigeria, an advisory Board member at Utopia Lagos and Chair of the Finance & Capital sub-committee of the Lagos State Employment Trust Fund’s MSME Recovery Fund, won the award for her efforts at promoting the “underleveraged potential” of those she described as Africa’s next generation of female founders.
At an all-digital ceremony held in Paris, March 8, with the French President, Emmanuel Macron, in attendance, Omame was named as not just one of the three English-speaking winners of the African Margaret 2021 Africa Prize, she was also unveiled as one of the three wonderful and innovative African women changing the narrative by taking giant steps in Africa’s technology ecosystem, a sector in which women are still under-represented.
Omame, according to JFD, the award organisers, won the Margaret Intrapreneur Africa prize for piloting a fund with a community of women business angels and investors, focused on women, to make it easier for African women entrepreneurs in the digital world to raise capital. JFD is an initiative of Delphine Remy Boutang created in 2013 to promote women in digital and technology.
The two other English-speaking laureates unveiled at the ceremony were Nneile Nkholise from South Africa and 18-year-old Xaviera Kowo from Cameroon.
Nkholise, who won the Margaret Entrepreneur Africa prize, is the Co-Founder & CEO 3DIMO, which automates the analysis of livestock data to monitor animal health. The in-app generates a universally traceable digital identification of each cow linked to a farmer and will provide the farmer with a tool to record animal vaccinations, movements and inventory control.
Xaviera Kowo, the young Programmer, who won the Margaret Junior Africa prize, developed a waste treatment robot capable of picking up debris on its way to transporting it to a defined area (garbage cans, recycling center…) in record time.
The trio were part of the six winners of the African Margaret 2021 Africa Awards.
For Omame, the award is coming only three months after she and Odunayo Eweniyi launched FirstCheck Africa having realised that “fixing capital access for female tech entrepreneurs in Africa needs an intentional, female-led approach.”
According to the plan, the fund will provide between $15,000 to $25,000 in six women this year in exchange for modest equity even as FirstCheck Africa plans to see each woman or female-led team through the ideation stage to a significant pre-seed round within 12 months.
“We know we can generate solid long-term returns by investing in women, so we’ll write female founders’ first checks and be their earliest believers. We’re not afraid to invest ridiculously early in great women,” Omame and Eweniyi were quoted to have said in a statement.
In 2017, in collaboration with the Lagos State Government, Omame, who described herself as a dedicated and purposeful mentor for high-potential women in tech, taking on their first leadership roles in business and entrepreneurship, conceptualised, built and launched Lagos Innovates, a portfolio of startup support programmes — a first-of-its-kind by a sub-national government in Africa.