Nigerian-born UK serial entrepreneur, Dozy Mmobuosi might be known to many as the CEO of Tingo International Holdings Incorporation, an investment company focused on identifying and making targeted acquisitions in the technology sector, but he is much more than that. The tech entrepreneur is the founder and CEO of Tingo Inc., Africa’s Agri-Fintech company; Tingo Remit, a financial services holding company; and NWASSA, a platform dedicated to African farmers. Recently, it was reported that Mmobuosi was close to completing a £90 million takeover of English football club Sheffield United, but perhaps, his greatest achievement yet is proving his roots with the groundbreaking of his multi-million Tingo Food Factory right in his hometown, Onicha-Ugbo in Aniocha North Local Government Area of Delta State.
Tingo Food Factory from Tingo Foods, a subsidiary of Tingo International Holdings Incorporation. The project which costs 1. 6 billion USD will also save Africa from paying foreign exchange to import finished food products.
Additionally it will aid the export of made in Africa foods to the world enhance inter Africa trade via the Africa Continental Free Trade Agreement and sell high quality and nutritious food products in Nigeria.
Here some things you need to know about the super serial entrepreneur:
According to Wikipedia, the Bachelor of Science in Political Science graduate from Ambrose Alli University in Ekpoma, Edo State, also had his Master of Science degree in Economics from the same university.
However, for his doctorate, he did Rural Advancement from Universiti Putra Malaysia. He went further to complete the Advanced Management and Leadership Programme at Saïd Business School, University of Oxford in 2022.
As part of his foray into tech, Mmobuosi in 2001 founded Tingo Mobile to bring mobile technology and Fintech solutions to rural communities in Nigeria. Two years later, he founded Najafans, a social media connectivity platform in Nigeria.
In January 2019, he launched Nwassa, a digital Agri-Marketplace that is Africa’s first agricultural technology and digital platform where it utilises technology to provide farmers with accurate weather forecasts, payment systems, live information on market prices and access to other service providers for lending and pension solutions.
Reports also had it that in 2022, Tingo, Inc. executed an agreement to merge and consolidate its operations with MICT, Inc, to enable the combined technology stack of both Tingo and MICT to create one of the world’s leading fully integrated fintech platforms given that Tingo, Inc. already had over 9.3 million subscribers for its Agri-Fintech services.
Mmobuosi’s tech firm Tingo has been valued at around £7billion.
With the aim of developing African leaders’ skills to help them transform their private and public sector services, in December 2022, Mmobuosi unveiled the Dozy Mmobuosi Leadership Centre (DMLC), in Oxford, United Kingdom.
Through Tingo Mobile, he has also awarded the first of a series of grants from a dedicated fund, totaling approximately $6m, which aim to empower female smallholder farmers in Nigeria as part of the company’s wider ambitions to tackle inequality in Africa.
Mmobuosi might be set to conquer the world but his roots to Nigeria, as well as Africa, always bring him home to chart workable and sustainable solutions to the continent’s wide range challenges, either in tech, agriculture or even leadership.
He designed and launched Nigeria’s first SMS Banking Solution called ‘Flashmecash’, which was later sold to the First City Monument Bank, according to Examinerlive?
From 2013 Dozy Led a team of 123 Chinese and Nigerian engineers to setup 2 mobile phone assembly facilities in Nigeria (Lakowe and Lugbe). These facilities have produced over 20 million mobile devices which have been distributed across Nigeria. Dozy is currently co-sponsoring a special purpose acquisition company, or SPAC (Africa Acquisition Corp, Inc), targeted at acquiring a natural resources company in Africa.
In December 2021, the African billionaire launched the Dozy Mmobuosi Foundation, aiming to support Africans across multiple sectors including education, healthcare, and technology. The foundation had been at the forefront of the awareness for Prostate Cancer among men.
In 2022, the Nigerian Football League received a big boost with the announcement of the Dozy Mmobuosi Super Cup Football Competition.
This unique competition which has the approval and backing of the Nigerian Professional Football League (NPFL) is planned to take place before the commencement of the regular professional football league season. The tournament which is an annual event in the NPFL calendar is sponsored by the Dozy Mmobuosi Foundation and packaged by Tingo media in collaboration with the NPFL.
Enyimba, Shooting Stars, Bendel Insurance and Rangers Int’l Football Club played at the maiden edition and the winner of the tournament, Shooting Stars FC of Ibadan went home with the princely sum of N100 million star prize. The Super Cup will become one of the major domestic trophies winnable by the elite clubs in the NPFL each soccer season.
Mr. Mmobuosi received a BSc in Political Science in 2001 and an MSc Economics in 2003 from Ambrose Alli University Ekpoma, Edo State (Nigeria). In 2007, he received a PhD in Rural Advancement from UPM Malaysia.
