Tizeti, a Y Combinator-backed internet service provider, has beefed up its risk assessment unit with the appointment of Oluwadamilola Ojomo as vice president of financial risk, compliance, and Audit as it prepares to list on the Nigerian Exchange (NGX).
“We are excited to welcome Oluwadamilola Ojomo to Tizeti,” said Kendall Ananyi, founder and chief executive officer at Tizeti. “Her extensive expertise in financial risk management and compliance will be invaluable as we continue to scale our operations and deliver innovative and affordable broadband solutions across West Africa.”
The solar-based ISP noted that its upcoming Initial Public Offering (IPO) will allow it to raise money from a wider pool of investors. The firm said that its decision to list locally aligns with its operational focus in Nigeria, its largest market, and allows it to raise capital in naira while engaging local investors who understand the region’s unique dynamics.
The firm further stated that its leadership appointment comes on the heels of the launch of its next-generation fiber broadband service in Nigeria and Ghana, which delivers speeds exceeding 1Gbps, above the regional average of 28 Mbps.
“Fiber is the next generation of internet technology, offering unmatched speed and reliability,” Ananyi added. “Our advanced fiber infrastructure delivers speeds 50 times faster than current offerings and 10 times faster than 5G or LEO satellite services. This innovation transforms online experiences, enabling seamless streaming, ultra-fast downloads, and improved digital interactions.”
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp