Fundraising Fox

Tizeti

YC W17

Lagos, NG Β· Founded 2015 Β· 186 employees on LinkedIn Β· 11 known investors

Tizeti Network Africa is an internet service provider offering affordable unlimited internet across Africa through a network of owned and operated solar-powered towers. The company targets African markets with low-cost connectivity infrastructure.

Also known as Tizeti (Wifi.com.ng) Β· Wifi.com.ng Β· Tizeti Inc Β· Tizeti Network Africa Β· Tizeti Network Limited

Founders & leadershipΒ· Y Combinator alumni (W17)

Tizeti was founded in 2015 by Kendall Ananyi, Ifeanyi Okonkwo, and NG Kendall Ananyi.

KAKendall Ananyi
Kendall Ananyiin𝕏Co-founder Β· CEOKendall Ananyi holds a master's degree in electrical and computer engineering from the University of Victoria and has over 20 years of experience in software, technology, and telecommunications. He previously worked at ExxonMobil, Microsoft, and PricewaterhouseCoopers before founding Tizeti.
IOIfeanyi Okonkwo
Ifeanyi Okonkwoin𝕏Founder/Co & Chief Operating OfficerYC W17 co-founder and COO who has run Tizeti operations alongside Ananyi.
NK
NG Kendall AnanyiFounder

Board

WB
Walter BaddooBoard director

Investors Β· 11

Also in the syndicate Β· 2

Gabriel HammondMichael Seibel

Reported raises Β· per SEC filings

Form D private placements

$5.2M disclosed across 1 of 3 rounds Β· 2017–2018

β–Ά$5.2MraisedAug 2018 Β· 54 investors Β· Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kendall AnanyiExecutive Officer, Director
  • Walter BaddooDirector
  • Ifeanyi OkonkwoExecutive Officer, Director
Offering amount
$5.2M
Amount sold
$5.2M
First sale
Jul 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR β†—

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Tizeti is a West African internet service provider that builds and operates its own solar-powered wireless base stations to deliver uncapped, fixed-price broadband to homes, businesses, events and conferences, and also deploys public Wi-Fi hotspots. The company combines the wireless capacity of Wi-Fi with low-cost solar panels to keep both capital and operating expenditure low, and passes the resulting savings on through flat-rate unlimited plans. It has operated a consumer-facing brand, Wifi.com.ng, in Nigeria, and runs support operations for Nigeria, Ghana and an Express Wi-Fi service line [0][1][6].

Beyond fixed wireless Wi-Fi, Tizeti has extended its network into 4G LTE β€” launching its first 4G-capable tower in Port Harcourt in 2019 β€” and has added adjacent services including the WifiCall.ng voice-over-internet calling product launched in April 2019. Later company announcements describe a free fiber service across Nigeria and Ghana with unlimited 1 Gbps speeds, AI-supported customer experience tooling, and ad-supported internet access in West Africa [2][5]. Network infrastructure has been upgraded over time, including a core network capacity upgrade to 100 Gbps in 2020 and equipment partnerships with Nokia for LTE fixed wireless access and Cambium Networks for wireless technology [2].

The company was described in 2019 as operating primarily in Lagos with 1.1 million unique users, and it has since announced expansion into additional Nigerian states, Ghana and collaboration work targeting CΓ΄te d'Ivoire [2][3][5].

Founding story

Tizeti was founded in 2015 by Kendall Ananyi and Ifeanyi Okonkwo, who went through Y Combinator's Winter 2017 batch. The founders set out to address poor internet connectivity in Africa by building a cost-effective, end-to-end network for reliable, uncapped access; Ananyi holds a master's in computer engineering from the University of Victoria with prior roles at ExxonMobil, Microsoft Canada and PricewaterhouseCoopers, and Okonkwo holds a master's in quality management from the University of Salford with prior experience at BlackBerry (Research In Motion) and Eircom [0][4][6].

Business model

Tizeti owns and operates its transmission infrastructure β€” solar-powered Wi-Fi towers, LTE sites and a delivery network carrying capacity from submarine cables to customers β€” rather than reselling wholesale capacity from incumbent telcos, which the company states allows it to price aggressively. It has licensed spectrum from the Nigerian government and signed an IRU contract with a submarine cable provider [0][6].

Revenue comes from subscriptions to unlimited internet plans sold to residential and SME customers, plus service to events and conferences and public hotspot deployments. A monthly unlimited plan was priced at 9,500 Nigerian Naira (about $26-$30) in company and press accounts, described as roughly 30% cheaper than, or 30-50% of, comparable mobile data plans. Adjacent revenue lines include the WifiCall.ng calling service and, per later announcements, ad-supported access [0][2][5][6].

Traction

TechCrunch reported 1.1 million unique users in November 2019. At the 2017 seed round the company was building out 35 owned and operated towers and planned 3,000 new public hotspots in Lagos. The company announced its first dividend of 2.00 NGN for the year ended December 2021 and, in May 2024, a fifth consecutive year of profitability for Tizeti Nigeria [2][3][5][6].

Latest developments

Recent company announcements include the launch of ad-supported internet access in West Africa (March 2026), an AI-powered customer experience launch (September 2025), the appointment of Oluwadamilola Ojomo as Vice President for Financial Risk, Compliance and Audit (January 2025), and a free fiber service across Nigeria and Ghana promising unlimited 1 Gbps (December 2024) [2].

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Tizeti describes itself as West Africa's pioneer solar-based internet service provider and has been characterised as a "Comcast for Africa"; it won an ISP of the Year award in 2022. It is a Y Combinator (Winter 2017 batch) alumnus and has been covered as a notable Nigerian connectivity startup [2][3][5][6].

Ownership of the full delivery chain β€” spectrum, submarine cable capacity via IRU, and self-built solar-powered towers β€” removes dependence on wholesale capacity purchased from large telcos and lowers operating costs by avoiding diesel generation, enabling flat-rate unlimited plans priced well below typical mobile data offerings [0][5][6].

Technology

Wi-Fi-based solar-powered base stations forming a low-CAPEX/OPEX tower network, 4G LTE fixed wireless access using Nokia equipment, Cambium Networks wireless gear, a core network upgraded to 100 Gbps capacity, satellite broadband via a collaboration with Eutelsat, and fiber service offering up to 1 Gbps. Basic advertised Wi-Fi service speed at seed stage was 10 Mbps. Solar power reduces reliance on generators and diesel commonly used for African tower sites [0][2][6].

Go-to-market

Direct subscription sales through a consumer brand and call centre/sales lines in Nigeria and Ghana, complemented by carrier and platform partnerships (MainOne, Facebook Express Wi-Fi, Microsoft's Airband initiative, Eutelsat/Konnect), state-by-state geographic rollouts, mass recruitment for expansion, and the company's own NeXTGEN technology conference [0][2][3][5].

Residential subscribers, small and medium businesses, and organisers of events and conferences in West African cities, together with users of public Wi-Fi hotspots; the company emphasises underserved populations with limited existing broadband access [0][3][5].

Geography

Headquartered in Lagos, Nigeria (offices listed at Cherub Mall, Lagos; the company is also listed at Lekki, Lagos State), with operations across Nigeria including Port Harcourt, Edo and Oyo and expansion announced to 10 additional Nigerian states, plus Ghana (including Accra) and collaboration aimed at CΓ΄te d'Ivoire. A US telephone contact is also listed [0][3][4][5].

History

After graduating from Y Combinator, Tizeti licensed spectrum from the Nigerian government and signed an IRU contract with a submarine cable provider, then closed a $2.1 million seed round in June 2017 and a $3 million Series A in 2018. It partnered with MainOne and Facebook's Express Wi-Fi, launched WifiCall.ng in April 2019, entered Ghana in 2019 and launched its first 4G LTE network in Port Harcourt in November 2019. In 2020 it selected Nokia LTE fixed wireless access and Cambium Networks equipment and upgraded its core network to 100 Gbps; the same year an independent special investigation committee appointed on June 7, 2020 concluded its work and CEO Kendall Ananyi was reinstated. Subsequent milestones include Microsoft Airband collaboration (2022), a first dividend (2022), a new chairman and expanded leadership team (2022), a Eutelsat satellite broadband collaboration (2022), expansion to 10 more Nigerian states (2023), NIDF support for nationwide broadband expansion (2023), free fiber service in Nigeria and Ghana (2024) and further product launches in 2025 and 2026 [2][3][5][6].

Risks & controversies

In 2020 Tizeti appointed an independent special investigation committee on June 7; the committee's conclusions and recommendations were published and CEO Kendall Ananyi was reinstated in July 2020 [2].

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Consecutive years of profitability (Tizeti Nigeria)May 20245 years
Core network capacityJul 2020100 Gbps
Dividend declared per shareJul 20222 NGN
EmployeesJan 2026251 to 500
HeadcountAug 2026186
Monthly unlimited plan priceNov 2019$26
Owned and operated towersJun 201735 towers
Total fundingJan 2026$5.1M
Unique usersNov 20191,100,000 users

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 28

launches, deals, and filings
Mar 2026
Launch of ad-supported internet access in West Africa

source β†—

Sep 2025
Launch of AI-powered customer experience

source β†—

Jan 2025
Oluwadamilola Ojomo appointed Vice President for Financial Risk, Compliance and Audit

source β†—

Dec 2024
Free fiber service launched across Nigeria and Ghana with unlimited 1 Gbps

source β†—

Dec 2023
Leadership team expanded ahead of West African expansion

source β†—

Nov 2023
NIDF supports Tizeti in nationwide expansion of broadband network

source β†—

May 2023
Expanded Microsoft collaboration to address broadband underdevelopment in CΓ΄te d'Ivoire

source β†—

Feb 2023
Expansion of internet access to 10 additional Nigerian states with mass recruitment

source β†—

Nov 2022
Tizeti and Eutelsat collaborate on community satellite broadband in Nigeria

source β†—

Jul 2022
Tizeti declares first dividend of 2.00 NGN for year ended December 2021

source β†—

Jun 2022
Emmanuel Ikazoboh named Chairman; new board members appointed

source β†—

Jun 2022
Leadership team expanded with CFO and other executives

Appointments included Amanosi Okhakhu and Omobolaji among new executives.

source β†—

May 2022
Tizeti wins ISP of the Year award

source β†—

Apr 2022
Expansion of unlimited internet to new locations in Ghana

source β†—

Mar 2022
Microsoft Airband collaboration to boost high-speed internet in Nigeria

source β†—

Jan 2022
Launch of low-cost unlimited internet plan in Oyo

source β†—

Aug 2021
NeXTGEN connectivity solutions launch and partnership with $5m fund for African startup ISPs

$5M source β†—

Jan 2021
4G LTE rollout in Edo with N4,000/month broadband service

source β†—

Oct 2020
Tizeti expands internet access with Cambium Networks wireless technology

source β†—

Sep 2020
Tizeti selects Nokia LTE Fixed Wireless Access solution

source β†—

Jul 2020
Core network infrastructure capacity upgraded to 100Gbps

source β†—

Jul 2020
Independent special investigation concludes; Kendall Ananyi reinstated as CEO

Following the appointment of an independent special investigation committee on June 7, 2020, the committee's conclusions and recommendations were published and Kendall Ananyi was reinstated as CEO.

source β†—

Nov 2019
Tizeti launches 4G LTE network in Nigeria

Tizeti built its first 4G-capable tower in Port Harcourt, offering its first 4G and ISP services there, with plans to extend the model to more West African countries.

source β†—

Nov 2019
Tizeti and MainOne partner on unlimited WiFi connectivity in Ghana

source β†—

Apr 2019
Launch of WifiCall.ng IP voice call service

Tizeti launched WifiCall.ng, a personal and business enterprise internet communications service.

source β†—

Feb 2019
Expanded partnership with Facebook and MainOne

source β†—

Jan 2018
Tizeti secures $3 million Series A

$3M source β†—

Jun 2017
Tizeti closes $2.1 million seed round

Tizeti and its consumer brand Wifi.com.ng announced $2.1 million in seed funding from international investors and angels, earmarked for expanding service across Lagos and Nigeria's South-South region and adding 3,000 public hotspots.

$2.1M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Tizeti do?
Nigerian internet service provider delivering unlimited broadband over a network of owned solar-powered Wi-Fi and LTE towers.
Who founded Tizeti?
Tizeti was founded by Kendall Ananyi, Ifeanyi Okonkwo, NG Kendall Ananyi in 2015.
Who are Tizeti's investors?
Tizeti's investors include 4DX Ventures, Emles Venture Partners, Ingressive Capital, MAVA Ventures, PICUS CAPITAL, Ventures Platform, Y Combinator, ACE & Company and 1 more.
How much funding has Tizeti raised?
Tizeti has disclosed $5.2M raised across 1 of its 3 known rounds.
Where is Tizeti headquartered?
Tizeti is headquartered in Lagos, NG.