With a goal to democratize investment in Africa, an innovative entrepreneur has integrated finance and technology to ease access to African markets.

Cameroonian tech entrepreneur Boum III Jr (photo), co-founder and CEO of fintech startup Daba, is on a mission to democratize investment in Africa. A graduate of Southern Polytechnic State University with a bachelor’s degree in computer science, Boum III Jr earned an MBA from HEC Paris and an entrepreneurship-focused MBA from The University of Chicago Booth School of Business in 2021.

Daba, established in 2021 by Boum III Jr and Anthony Miclet, provides a unified investment platform aimed at facilitating high-quality investments in Africa for individuals and companies. With offices in the USA and Côte d’Ivoire, the company offers a more transparent, accessible, and efficient investment process.

In a 2022 interview, Boum III Jr outlined Daba’s ambitions, stating, “In the next five years, I envision Daba being the premier destination for any investor, whether an individual or an institutional investor when they want to start or manage their investments on the African continent.” He expressed a desire for Daba to have a significant presence in key African markets such as Kenya, Nigeria, Ghana, and South Africa, as well as emerging economies like Côte d’Ivoire and Senegal.

In addition to Daba, Boum III Jr founded Mbo’Wam in Atlanta in 2017, a platform offering hotel-style accommodations in apartments and private residences, primarily for business travellers. In 2020, He also co-founded Afrika Startup Lab, a non-profit organization supporting potential entrepreneurs.

Boum III Jr worked as a software engineer at Nasdaq eVestment, a Nasdaq division providing institutional investment data, analysis, and information on public and private markets, from 2015 to 2019. In 2022, he won the AFRICON pitch competition, earning a $10,000 prize.

Melchior Koba