Join us as we reflect on Sekofia’s key milestones and achievements in 2024!

Sekofia's Milestone Year: 2024 in Review

2024 was a transformative year for Sekofia, filled with remarkable achievements, valuable lessons, and exciting progress in our mission to revolutionize healthcare access and insurance management in Nigeria, and ultimately, Africa. From clinching prestigious awards to expanding our network, we are proud of the strides we’ve made. As we reflect on this journey, we also look forward to 2025 with renewed purpose and determination.

Key Achievements

  • February 2024: Sekofia proudly clinched the 1st position in the 2024 ALU International Health Entrepreneurship Hackathon, part of the Africa Higher Education Health Collaborative. Competing against over 20 teams from nine African universities, we secured USD 5,000 in seed funding for our innovative healthcare solution.

  • April 2024: Sekofia was selected for the African Impact Initiative Pre-Incubation Program. While we didn’t qualify for the next stage, this experience gave us invaluable insights and mentorship to refine our strategy.

  • May 2024: Sekofia was selected among the Top 30 Teams in the BeChangeMaker Program, an exciting milestone on our entrepreneurial journey.

  • September 2024: Sekofia competed in the BeChangeMaker Top 5 finale in Lyon, France, where we emerged in 1st place, cementing our place on the global stage – winning a cash prize of €2,000.

  • October 2024: Sekofia was chosen as one of six startups in the ALU Entrepreneurship Incubator Program, receiving $4,000 in seed funding to further our growth.

  • November 2024: Sekofia was awarded Startup of the Year by the ALU Center of Entrepreneurship and the Founders' Society during the ALU Entrepreneurship Excellence Awards. Additionally, we partnered with Launch with MK as our Marketing and Brand Growth Agency.

  • December 2024: Sekofia was selected as a semi-finalist in the Social Venture Challenge by Resolution Project, though we didn’t advance to the finals. This experience further strengthened our resolve to improve and grow.

While 2024 was a year of achievements, we also faced challenges that shaped our journey:

Challenges and Lessons Learned

As we step into 2025, these are some of our goals and targets:

Goals for 2025

We extend our heartfelt gratitude to everyone who supported us throughout 2024 — our team, partners, mentors, and stakeholders. Your belief in our mission inspires us to push boundaries and create lasting change in Africa’s healthcare sector. Here’s to a successful and impactful 2025, as we continue to strive for a seamless and transparent healthcare ecosystem.

Together, we’re building bridges to better health insurance. Thank you for being part of our journey!

Closing Note

Introduction

  • Navigating Competitive Programs: Not advancing in programs like the African Impact Initiative and Social Venture Challenge (alongside all the outright rejections we received) taught us the importance of resilience and adapting our strategies for future opportunities.

  • Building Momentum: Balancing resource constraints with scaling efforts was challenging, but it underscored the need for efficient resource allocation and strategic planning.

  • Team Dynamics: As a growing startup, maintaining effective communication and alignment across our team was a learning curve that pushed us to build stronger internal processes. As our core team is also student-led, we had a lot of struggles combining our academic responsibilities while building our solution.

Through these challenges, we learned to embrace feedback, refine our approach, and continuously innovate to stay true to our mission.

  • Expand Our Team: Bring on board more talents and professionals who share our vision and can help drive our growth and product development.

  • Launch Our MVP: Deliver a Minimum Viable Product (MVP) by end of middle of Q2 and refine our solution and continue from there.

  • Conduct Community and Awareness Programs: Engage with local communities to raise awareness about healthcare accessibility and insurance solutions.

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Sekofia's Milestone Year: 2024 in Review

Sekofia reflects on Year 2024 and highlights their milestones and achievements, as well as some lessons learned along the way.

2/4/2025