100SMEs

19/09/2022

Elon Musk
CEO, Tesla
$273.2B Net Worth
• Elon Musk cofounded six companies including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company.
• He owns about 25% of Tesla between stock and options, but has pledged more than half his stock as collateral for loans.
• SpaceX, founded in 2002, is worth $127 billion after a funding round in May 2022; it quadrupled its value in three years.
• Boring Company, which aims to defeat traffic, raised $675 million in April 2022 at a $5.7 billion valuation.
• Twitter's board agreed to sell the company to Musk for $44 billion in April 2022, after he disclosed a 9.1% stake and threatened a hostile takeover.

Forbes 2022

14/09/2022

Meet Rachel Kumwenda Kaunda, a drone pilot and Earth Scientist. The founder and CEO of Drone Link from Lilongwe.

Drone Link is a technology business that uses drones to map areas relevant to water and sanitation, agriculture, mining, construction, land surveying, disaster management, among other fields. Their goal is to use technology to address a range of societal concerns.
Drone Link provides aerial photography, mapping surveys, event drone marketing videos, and drone aerial photography. In addition to 3D modeling, they also provide space education.

Prior to this year, Drone Link had the opportunity to speak with Malawi's Ministry of Trade and Ministry of Youth and Sports on how drone technology is transforming many industries in this country.

For more information contact:
Call: 0888321355
Email: [email protected]
https://web.facebook.com/profile.php?id=100071808143052

12/09/2022

Jeff Bezos
Chairman And Founder, Amazon
$157.4BReal Time Net Worth

• Jeff Bezos founded e-commerce giant Amazon in 1994 out of his garage in Seattle. He stepped down as CEO to become executive chairman in July 2021.
• Bezos sold $8.8 billion worth of his Amazon stock in 2021 and also gave some shares away; he now owns a bit less than 10% of the company.
• Bezos owns The Washington Post and Blue Origin, an aerospace company developing rockets; he briefly flew to space in one in July 2021.
Forbes 2022

07/09/2022

SATA Technologies Limited is the company behind the software called The Shopkeeper. The Shopkeeper is easy to use Point of Sale (POS) software and hardware system which was designed to suit Malawian market and it is configured for MRA fiscal printers. The software features Scan and Search items, Stock and Inventory Management and Business analysis tools. The software can be used in Bars, Restaurants, Pharmacies Shops and Supermarkets.
For more information contact:
+265 881 405 498
[email protected]
https://web.facebook.com/satatechmw

31/08/2022

“Get professional ICT solution with Team Networks”
Team Networks is a Malawian full-service information and communications technology (ICT) Solutions Company that focuses on building, managing and maintaining network infrastructure and professional IT support services.

Service offer:
• Network design, setup and installation
• Microsoft Windows server installation and support
• Data backup and recovery
• Printer management
• Hardware and software repair
• Sales of IT Hardware and Software
• POS support
• CCTV installation
• Mac and windows support
Team Networks was founded in January 2011, since then the company has been offering quality service to personal, small and big companies across Malawi. The company has good reputation with clients like Illovo, ADMAC etc.

For more information contact:
Now in Lilongwe, Area 4, Next to Cash Building opposite MHC
Cell: 0999 62 28 10
http://www.teamnetworksmw.info/
[email protected]

23/08/2022

17/08/2022

“Young Entrepreneur, CEO at the age of 26, who is achieving great heights”

Meet Yusuf Chimole the Chief Executive Officer (CEO) as well as the Founder of Lync Systems. Lync Systems is a technology company that develops high-tech and Internet of Things (IoT) based solutions. The mission of the company is to develop systems that are efficient and effective to improve service delivery. Since its inception, the firm has been committed to providing the highest quality, needs-based business interventions to its clients. The business serves several Micro, Small, and Medium Enterprise (MSME) clients from various sectors within Malawi.

In 2021, Lync Systems partnered with IPAS and sponsor Creatives Competition for Gender Justice & Girl Empowerment worth MK 1,000,000

Meanwhile, the firm has a team of young, passionate and energetic professionals who render high quality professional services by providing their independent opinion on the subject matter at hand.

They are also thriving on adding value to clients’ business operations by improving productivity and reducing costs.
In meantime, the firm is providing several services which includes; educational Systems including Lync Academy, STEM program, and Advocacy, System Development including Software Development & System Analysts, Networking services, Smart Data Collection & Field Survey, and Corporate Training and Consultancy.

For the moment, Lync System has achieved a lot in a short time with recognition from various local, and international organizations international, here are some of the awards:
• Dubai Expo 2020 - Best pavilion design,
• National Youth Council of Malawi - Best ICT Innovator, 2019,
• Malawi Design & Innovation Competition - Use of local resources Award,
• Next Einstein Forum - Best Energy Management Project,
• TEF Alumni 2019 - Among Best 1000 Startups in Africa,
• UNLEASH Global Talent 2019 - Shenzhen, China,
• ICTAM 2018 - Best Overall Winner,
• Malawi Institute of Engineers - Best Engineering Project.

Lync Systems contacts:
+256 998 842 444
+265 994 298 711
[email protected]
www.lyncsystems.tech

15/08/2022

Jack Ma
Founder And Executive Chairman, Alibaba Group

• $23.7B Real Time Net Worth
• A former English teacher, Jack Ma cofounded Alibaba Group, one of the world's largest e-commerce businesses.
• On Nov. 3, 2020 regulators halted a planned IPO of fintech giant Ant Group-where Ma is the largest individual shareholder-in Hong Kong and Shanghai.
• In September 2019, Jack Ma stepped down as Alibaba's executive chairman and was succeeded by CEO Yong Zhang, also known as Daniel Zhang.
• Ma's investments beyond Alibaba include a stake in Chinese media and entertainment company Huayi Brothers.
• Alibaba's 2014 IPO in New York set a record as the world's biggest public stock offering, raising $25 billion.

12/08/2022

You are welcome Mr. Chembe Kachala. Our aim is to tell local business stories.

10/08/2022

“The man who donated 6000 trees”
Meet Chembe Kachala, an accountant by profession but he has a passion for Horticulture and Silviculture. He is the man behind Link Nurseries located at Dowa turn off.
Link Nurseries produce and sell fruit tree seedlings and indigenous tree seedlings as well. The nursery has Grafted Hass Avocado, Grafted Mangoes, Hybrid Pawpaws, Grafted Tangerines, Grafted Oranges, Hybrid Guava, Grafted lemons and Coultured Banana Suckers. And all kinds of indigenous tree seedings including Mthethe, Mtangatanga, Msambafumu, M'bawa, Pine etc.
Earlier this year Link Nurseries donated 6000 trees worth MK 1,000,000.00 to Creative Solution for the Environment, an organization that helps rural communities to fight against deforestation. In the current year he has already pledged to donate 500 fruit tree seedlings to another not for profit organisation based in Zomba which has a Green Project that is centered on educating the community about the value of planting trees to help reduce the effects of global warming and malnutrition.

His favourite quote is "the best time to plant a tree was 20 years ago, but the next best time is now".

08/08/2022

Aliko Dangote
CEO, Dangote Group
Real Time Net Worth$13.2B

Aliko Dangote, Africa's richest person, founded and chairs Dangote Cement, the continent's largest cement producer.

He owns 85% of publicly-traded Dangote Cement through a holding company.
Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa.

After many years in development, Dangote's fertilizer plant in Nigeria began operations in mid-2021.

Dangote Refinery has been under construction since 2016 and is expected to be one of the world's largest oil refineries once complete.

03/08/2022

Meet McDonald Tony Chimzere, from Blantyre, He is a Co-Founder & Chief Coder at Sygen. Sygen is a technology company which focuses on all kinds of mobile apps and software development. The company has projects with Air Cargo Malawi, Amaryllis Hotel Blantyre, Rainbow Paints, and they have also in house projects like SALES 265 a sales management system, TSOGOLO LATHU An online learning system and SCHOOL GUIDE an app to simplify the search for schools in Malawi.
McDonald he is also a man behind the charity organization called Tony Elite Foundation (TEF) Currently, the foundation has now 70 members in total, thus members from Malawi, Turkey and Poland. Together, the aim of the organization is to assist in the education sector in Malawi.
.chimzere

01/08/2022

100SMEs YouTube Channel coming soon!

01/08/2022

Monday Inspirational

Strive Masiyiwa

He has a Net Wealth of $1.6 Billion

He overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998.

He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group.
Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa.

His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa.

He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho.