Movemeback - Comprehensive Analysis Report

Summary

Movemeback is a global organization focused on connecting individuals and organizations to career, business, and partnership opportunities in Africa. Its mission includes facilitating collaboration to accelerate Africa's socio-economic development, measured by GDP growth, job creation, and increased intra-continental trade. Movemeback serves as a conduit between Africa and the global community, connecting leaders, professionals, entrepreneurs, investors, and policymakers across more than 120 countries. The company's vision is to enable talented individuals to shape and accelerate Africa’s social and economic development.

1. Strategic Focus & Objectives

Core Objectives

Connect talent with opportunities in Africa to drive socio-economic development.

Provide a platform for professionals, entrepreneurs, and organizations to access career prospects, investment opportunities, and partnerships.

Empower individuals to contribute to the continent's growth by making African opportunities accessible.

Foster collaboration among members to accelerate Africa's socio-economic development.

Specialization Areas

Connecting top global talent with opportunities in Africa.

Providing a curated platform and community to drive social and economic impact on the continent.

Making African opportunities accessible to a global network of professionals and organizations.

Target Markets

Professionals seeking career opportunities in Africa.

Entrepreneurs looking for investment and partnership opportunities in Africa.

Investors interested in high-potential ventures within Africa.

Policymakers focused on driving socio-economic development in Africa.

African Gen-Z talent.

2. Financial Overview

Funding History

Movemeback has received accelerator/incubator backing.

Google for Startups has invested in Movemeback.

In June 2021, Movemeback completed an accelerator/incubator deal type funding round.

Google selected Movemeback for the $2 million Black Founders Fund to support Black-led Tech Startups in Europe. Fund utilization details not specified.

3. Product Pipeline

Key Products/Services

Career Opportunities:

Description: Connects professionals with career opportunities across Africa.

Development Stage: Active

Target Market: Professionals seeking career advancement in Africa

Key Features and Benefits: Provides access to high-impact career opportunities.

Investment Opportunities:

Description: Links investors with high-potential ventures in Africa.

Development Stage: Active

Target Market: Investors interested in African initiatives

Key Features and Benefits: Facilitates connections with promising investment opportunities.

Entrepreneurship Programs:

Description: Supports entrepreneurs through competitions and mentorship.

Development Stage: Active

Target Market: Aspiring entrepreneurs in Africa

Key Features and Benefits: Provides resources and guidance for entrepreneurs.

4. Technology & Innovation

Technology Stack

A digital platform designed to connect talent with opportunities in Africa.

Platform facilitates networking, collaboration, and resource sharing.

Members of the platform can share knowledge and insights about Africa.

The platform aims to provide access to opportunities, events, and resources, fostering community and collaboration.

5. Leadership & Management

Executive Team

Charles Sekwalor:

Position: Founder and CEO of Movemeback, and Managing Director of COS Ventures.

Professional Background: Drives social and economic change through business principles.

Key contributions: Leads Movemeback's strategic vision and operations.

Oyin Solebo:

Position: Founder of Movemeback.

Professional Background: Background in Goldman Sachs and Roland Berger Strategy Consultants, and education from the London School of Economics.

Key Contributions: Contributes to Movemeback's strategic direction and development.

6. Competitive Analysis

Major Competitors

Gokada.ng:

Overview: A Nigerian ride-hailing and delivery service.

Focus Areas: Transportation and delivery services in Nigeria.

Harambeans:

Overview: An alliance of entrepreneurs focused on building Africa's future.

Focus Areas: Supporting and connecting African entrepreneurs.

7. Market Analysis

Market Overview

Movemeback addresses the challenges of accessing talent and opportunities in Africa.

Aims to rewrite the Africa story and make the continent accessible.

The platform is designed to fuel prosperity by enabling career advancements and partnerships.

It fosters social and economic development and unites a community committed to progress.

8. Strategic Partnerships

Saïd Business School:

Nature of Partnership: Collaboration on an entrepreneurship competition.

Strategic Benefits: Empowers young African entrepreneurs.

Collaborative Achievements: Jointly organized an entrepreneurship competition.

Uber:

Nature of Partnership: Partnered to expand operations across East Africa.

Strategic Benefits: Expansion of Movemeback's reach.

OECD:

Nature of Partnership: Crafted and delivered policy dialogues.

Strategic Benefits: Influencing policy related to African startup value chains.

Collaborative Achievements: Jointly delivered policy dialogues.

Quartz:

Nature of Partnership: Published articles in collaboration.

Strategic Benefits: Sharing insights on African diaspora talent.

Collaborative Achievements: Co-authored articles on African diaspora talent.

9. Operational Insights

Movemeback’s competitive advantage lies in its focus on connecting top global talent with opportunities in Africa.

Leverages a curated platform and community to drive social and economic impact on the continent.

Addressing the challenges of accessing talent and opportunities in Africa.

10. Future Outlook

Strategic Roadmap

Aims to build a world where opportunities are accessible, enabling African talents and organizations to impact the continent's future.

Movemeback is developing The Continent App (TC), described as Africa's LinkedIn, empowering African Gen-Z talent to build professional identities and access job markets.