Get updated by following our social media accounts and supporting our ever-growing Youtube Channel.
Digital pension platform for self-employed Africans, Awabah has announced its participation in Techstars London Accelerator programme. The startup would join nine other startups and would gain access to funding, mentorship and access to the Techstars worldwide network.
Awabah, implying “Our Money” in Pidgin English, has its target market as the entire informal sector. This includes traders, transporters, techies, market people, artisans, domestic staff and basically everyone that is not in formal employment. The startup had previously raised a sum of $200,000 through angel early-stage investors like ODBA and Co Ventures and Correlation Capital which had helped the company roll out its services in Lagos and Ibadan.

With its presence in Lagos, Ibadan and soon to be set up in Ghana, Awabah has partnered with 3 Pension Fund Administrators (PFAs) in Nigeria with hopes of increasing it to 5 PFAs before the end of 2021. Awabah already sees itself as the solution to Africa’s wealth redistribution challenge, and would also use the partnerships to further avail millions more access to the AWABAH advantage.
Awabah, launched in 2020 by Tunji Andrews, Tina Oluwabukola, and Gboyega Olatunde seeks to make planning for retirement easier for many Nigerians as it helps its users to seamlessly register under the National Pension Commission, make flexible contributions directly to their retirement account from Awabah, monitor their retirement account as users can opt for frequent updates via email or text message and direct withdrawals from the app in a simple and stress-free manner.
Get updated by following our social media accounts and supporting our ever-growing Youtube Channel.