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Nigeria’s CashMadam Wins 2018 Tony Elumelu Foundation Pitch Competition

Tech Gist Africa by Tech Gist Africa
10/26/2018
in Africa News
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Nigeria’s CashMadam Wins 2018 Tony Elumelu Foundation Pitch Competition
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Nigerian based start-up, Cashmadam wins pitch competition at the Tony Elumelu Foundation (TEF) conference.

Mahassin Quadri @cashmadamNG is the winner of the #TEF pitching competition.#TEFforum2018 pic.twitter.com/2Rnw8WiWvC

— The Tony Elumelu Foundation (@TonyElumeluFDN) October 25, 2018

Cashmadam was announced winner after pitching its idea to over 5,000 guests alongside with Cure (Tunisia), Exportunity (Republic of Benin), Ecoprune (Nigeria), and Nomad Life (Madagascar).

#HappeningNow #TEF Entrepreneurs Pitching Competition.@vsounouvou of Exportunity 🇧🇯, Mahassin Quadri (Nigeria 🇳🇬 ) of @cashmadamNG , Mohamed Dhaouafi (Tunisia 🇹🇳) of Cure, Sandra Onwuekwe (Nigeria 🇳🇬) of @Ecoprune & Jessica Rakotoarisa (Madagascar 🇲🇬) Nomad Life. #TEFForum2018 pic.twitter.com/0vymZ0Qu6z

— The Tony Elumelu Foundation (@TonyElumeluFDN) October 25, 2018

Founded by Mahassin Quadri in 2016, CashMadam helps small and growing businesses to automate their operations to increase profit and grow. The start-up is an app that records relevant business information and converts this information using basic triggers to prompt the user to take the right actions and decisions.

The joy that comes with winning!
Meet #TEF Pitching Competition Winner – Mahassin Quadri 🇳🇬, 2015 @TonyOElumelu entrepreneur and Founder @cashmadamNG. #TEFForum2018

Well done to @vsounouvou of Exportunity 🇧🇯, Mohamed Dhaouafi 🇹🇳, Sandra Onwuekwe 🇳🇬 and Jessica Rakotoarisa 🇲🇬 pic.twitter.com/czzkTkVcKl

— The Tony Elumelu Foundation (@TonyElumeluFDN) October 25, 2018

The Tony Elumelu Foundation Entrepreneurship Programme was launched in 2015, it is the largest African philanthropic initiative devoted to entrepreneurship to identify and empower 10,000 African entrepreneurs, create a million jobs, and add $10 billion in revenues to Africa’s economy.

The joy that comes with winning!
Meet #TEF Pitching Competition Winner – Mahassin Quadri 🇳🇬, 2015 @TonyOElumelu entrepreneur and Founder @cashmadamNG. #TEFForum2018

Well done to @vsounouvou of Exportunity 🇧🇯, Mohamed Dhaouafi 🇹🇳, Sandra Onwuekwe 🇳🇬 and Jessica Rakotoarisa 🇲🇬 pic.twitter.com/czzkTkVcKl

— The Tony Elumelu Foundation (@TonyElumeluFDN) October 25, 2018

Also, at the conference, TEFConnect, a platform dedicated to African entrepreneurs and the African entrepreneurship ecosystem was launched.

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