Meet HealthCap Africa’s External (IC) Members

A few months back, HealthCap Africa achieved a significant milestone by appointing its initial external Investment Committee (IC) member, Rebecca Enonchong, FREng. She is the Founder and CEO of AppsTech. Subsequent to this achievement, Lola Aworanti-Ekugo, Chief Digital Officer at FBNQuest, joined as our second external IC member.

In many financial and investment-related institutions, having external members on the Investment Committee (IC) is a customary practice. An investment committee is responsible for making crucial investment choices for institutions, funds, or organizations. External IC members, not employed by the organization, are invited to contribute their expertise and insights, aiding the formulation of investment strategies and decisions.

Aligned with our commitment to support scalable pre-Series A companies through venture capital investments, we have welcomed our two new external IC members in pursuit of this objective.

Rebecca Enonchong is a distinguished advocate for technological innovation and ventures in Africa. She holds the position of Chair at ActivSpaces in Cameroon and is the Chair Emeritus at Afrilabs, offering invaluable support to over a million entrepreneurs across 52 African nations. Moreover, she co-founded the Cameroon Angels Network and the African Business Angels Network.

As the Founder and CEO of AppsTech, an enterprise software company, and co-founder of I/O Spaces, an inclusive co-working hub in the Washington DC area, Ms. Enonchong has exhibited her dedication to promoting technological advancements.

Additionally, she occupies notable positions on boards such as the International Chamber of Commerce, VC4Africa, Imagine Worldwide, the US Exim Bank Advisory Council on Advancing Women, and the UN ECA Center for Digital Excellence. Her exceptional accomplishments led to her election as an International Fellow of the esteemed UK Royal Academy of Engineering in 2022, granting her the prestigious FREng designation.

Conversely, Lola Aworanti-Ekugo is a seasoned expert in Digital Innovation, accumulating more than 17 years of experience. Her focus has been on offering innovative solutions to real-world challenges within the private sector and strengthening the startup ecosystem through partnerships and impactful programs. She currently holds the position of Chief Digital Officer at FBNQuest, a subsidiary of FBN Holdings Plc. Prior to this, she held similar roles across Europe and Africa in companies including Dresdner Kleinwort, Commerzbank, BNP Paribas, Union Bank, and First Bank Nigeria.

Lola holds a BSc in Business Information Systems with First Class Honors from Middlesex University, London, alongside a scholarship for exceptional academic achievements. She also earned an MBA from Imperial College Business School, London. Her accolades include the Special Recognition: Women in ICT Award of the Year at the Women Tech Network Global Awards 2022, recognition as one of the Top 30 women in Fintech by Fintech Africa in 2019, acknowledgment as one of the 60 African female fintech experts building a professional identity for women in fintech by African Shapers in 2021, and a spot among the Top 40 CEOs under 40 in Africa by the Young Entrepreneurs Summit in 2022.

Lola is actively involved on the boards of Southwest Innovation and Technology (SWIT), a subsidiary of Odu’a Investment Company Limited, and Trade Mark Africa (TMA), an Aid-for-Trade organization present in fourteen countries and headquartered in Kenya. She’s also the author of the fiction novel titled “Lagos to London” and holds the position of Lady Squash Captain at Ikoyi Club Lagos, Nigeria.

Taking on the roles of external IC members on our investment committee, Ms. Enonchong and Ms. Ekugo are set to provide invaluable insights and expertise that will shape our investment strategy and decision-making process. Their extensive knowledge in healthtech and fintech sectors will be particularly advantageous for our team

HealthCap Africa, is a venture capital firm that focuses on early-stage investments in healthtech and fintech startups across Africa. 

We have invested in over 20 companies that currently have operations across 12 countries, serving nearly one million customers and patients, and creating over 1000 jobs. Lean more about us here

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