tiphub is a company first and foremost focused on supporting African and African Diaspora-focused entrepreneurs at the intersection of technology and impact. tiphub started as a platform to highlight some of the best African and African diaspora-focused companies and ran a hybrid accelerator for the last 6 years. tiphub now invests directly in awesome founders who are changing the world.
At the 10,000 ft level, we believe:
You can do well by doing good. Purpose and profit do not have to be at odds and more importantly need to align to unlock the real value in Africa.
Purpose-driven companies need technology to scale their impact and create viable business models and relationships to get the Pan African scale.
Technologies combined with unique solutions create an opportunity to unlock significant value for all stakeholders.
A community of stakeholders, companies, and founders will raise all boats.
In June 1992, at the Earth Summit in Rio de Janeiro, Brazil, more than 178 countries adopted Agenda 21, a comprehensive plan of action to build a global partnership for sustainable development to improve human lives and protect the environment. Later, Member States unanimously adopted the Millennium Declaration at the Millennium Summit in September 2000 at UN Headquarters in New York. The Summit led to the elaboration of eight Millennium Development Goals (MDGs) to reduce extreme poverty by 2015. While there have been major improvements by multilateral institutions and foundations, we haven’t seen the same blossoming of ideas and execution from the private sector.
At tiphub, we believe the biggest growth opportunities lie in sustainable development goals. Each goal has several underlying business challenges that have the opportunity to drive value at scale. While it’s important that sustainable development goals have a systematic approach, we believe sustainable development goals identify some of the biggest business opportunities for the private sector. We believe we can identify, support, and grow companies focused on one or multiple sustainable development goals. We believe we can leverage our experience in building community and technological solutions to help founders build scalable solutions for some of the biggest challenges facing the continent of Africa in a profitable and sustainable way.
Traditionally, impact-focused companies focused on driving impact via product and service innovation. Identifying the marginal service or product innovation is essential but business model innovation became deprioritized. As a result, impact-focused businesses miss the mark on market sizing and addressable markets. Impact-focused companies, unfortunately, started chasing metrics and milestones that led to unsustainable companies. At tiphub, we plan to leverage partnerships, technology, and intervention-based support to help companies identify the best path toward impact and revenue growth.