The Business Angels Network of Côte d’Ivoire (CIBAN), one of the leading angel investment networks in Côte d’Ivoire, is proud to announce its recent investment in Twende, a revolutionary startup transforming transport solutions for employees in Côte d’Ivoire. CIBAN has invested €30,000 in Twende, recognizing the immense potential of their innovative marketplace.
Twende addresses the urgent need for reliable and efficient transportation options for regular commuters who rely on informal or public transportation. With a mission to eliminate the hassle of daily commutes, Twende offers a reliable, direct, and affordable transportation solution for employees in need. By leveraging existing minibusses, Twende ensures that employees have access to a safe and convenient mode of transportation, significantly improving their daily journeys.
“We are excited to invest in Twende and support their mission to transform employee transportation in Côte d’Ivoire,” said Fayelle Ouane, spokesperson for CIBAN. “Twende’s innovative marketplace addresses a critical need in the market, and we believe their solution has the potential to make a significant impact. We are confident that our investment will help Twende expand its operations and bring positive change to the lives of many employees. As a gender-focused angel investment network, we couldn’t be prouder that our very first investment is in a company co-founded by an extraordinary woman.”
Twende is poised to revolutionize the transportation sector in Côte d’Ivoire and beyond. By providing reliable and affordable transportation options for employees, Twende aims to enhance productivity, reduce commuting stress, and contribute to a more sustainable and efficient workforce.
The Business Angels Network of Côte d’Ivoire (CIBAN) is a leading angel investment network in Côte d’Ivoire. CIBAN aims to support and empower early-stage startups and SMEs by providing financial resources, mentoring, and networking opportunities to entrepreneurs. With a strong focus on promoting innovation and entrepreneurship, CIBAN plays a vital role in stimulating economic growth and job creation in the country. CIBAN is the first gender-focused angel investment network in Côte d’Ivoire, focusing on attracting women investors and investing in women-led startups and SMEs.
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CIBAN has been a member of the African Business Angel Network (ABAN) since 2023.
Twende transport Twende transport
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard