Grace Ashiru
Vendease, a promising food tech startup from Nigeria, has been recognized as a 2023 Technology Pioneer by the World Economic Forum (WEF). This prestigious accolade is bestowed upon companies leading the way in technological innovation and potentially impacting society and business significantly.
The CEO of Vendease, Tunde Kara, expressed gratitude for the honor, stating that it is a testament to their dedication to addressing critical challenges in the African food sector. Kara added that joining the Technology Pioneer community of the World Economic Forum enables them to collaborate with like-minded pioneers, thought leaders, and policymakers who share their vision of creating a more resilient and equitable food ecosystem.
Verena Kuhn, head of innovator communities at the World Economic Forum, shared her enthusiasm about welcoming Vendease to the 2023 cohort of Technology Pioneers. She emphasized that Vendease and its fellow pioneers are at the forefront of innovation and disruption needed to tackle the world’s most pressing issues. Kuhn looks forward to Vendease’s contributions to the Forum’s efforts in bringing together public and private sectors to address global challenges.
The Technology Pioneers community, established in 2000, comprises early-stage companies from around the globe that are involved in developing and deploying new technologies and innovations. These companies are poised to have a significant impact on business and society. As a Technology Pioneer, Vendease and its CEO, Tunde Kara, will have the opportunity to engage with global leaders and contribute to addressing key industry and societal issues.
Vendease, founded in 2020, aims to revolutionize the procurement of supplies and access to financial services and streamline restaurant business operations in Nigeria and across Africa. Leveraging intelligent data, the startup enables restaurants to access working capital, manage cash flow, and facilitate digital payments. Vendease also supports various business operations inventory management, sales analytics, and customer relationship management tools.
The World Economic Forum, committed to improving the state of the world, acts as the International Organization for Public-Private Cooperation. The Forum endeavors to shape global, regional, and industry agendas by engaging political, business, and other societal leaders.
Vendease’s recognition as a Technology Pioneer by the World Economic Forum reaffirms the company’s position as an innovative player in the African tech and startup ecosystem. As Vendease continues to revolutionize the food sector, this prestigious acknowledgment will undoubtedly strengthen its ability to drive positive change in Africa and beyond.
