I am an entrepreneur, strategic advisor, and investor with 8+ years of experience in the African startup ecosystem. As the Founder and CEO of TIMO, I lead a company transforming the travel and mobility sector, focused on delivering impactful solutions for both tourists and corporate clients. My expertise spans financial modeling, market strategy, and securing investment, enabling businesses to scale sustainably.My journey is rooted in a strong accounting foundation, shaped by top academic achievements in Advanced Level Accounting. This expertise has enabled me to optimize operational efficiency, assess investment opportunities, and build sustainable business models, providing a solid financial backbone for the ventures I lead.I graduated summa cum laude from the University of KwaZulu-Natal with 20 distinctions in Business, Economics, and Industrial Psychology. I also completed McKinsey & Company’s Forward Program, which provided valuable insights into scaling businesses in emerging markets.In addition to leading TIMO, I actively contribute to the startup ecosystem. I mentor and advise entrepreneurs through organizations like the Tony Elumelu Foundation, UNIDO GCIP-SA, and Global Startup Awards. I also serve as a Program Coach Consultant with the 54 Collective and work with Women Entrepreneurship for Africa (WE4A) and the African Impact Challenge (AIC) 2024, empowering entrepreneurs to scale their ventures.Key achievements include:Winner of the UNDP-AUC Youth in Trade Innovation Challenge (2022)Completed the UNDP & African Union Youth in Trade Masterclass (2022)Sustainable and Resilient Enterprise Training by the ILOBusiness Management Certificate from the Tony Elumelu Foundation (TEF)United People Global (Switzerland): Biashiri Entrepreneur Certification (2022)Google Hustle Academy Bootcamp graduate, specializing in AI, digital marketing, and business efficiencyI recently joined CatalyzU Cohort 6, a venture capital fellowship, which is enhancing my knowledge of investment strategies and business scaling. This fellowship is equipping me with the tools to secure funding and build high-growth, impactful ventures.I’m passionate about supporting startups creating lasting social and economic value across Africa. As I grow in the venture capital space, I am eager to collaborate with investors and entrepreneurs to accelerate the growth of high-impact startups.Let’s connect and explore how we can collaborate to drive innovation and growth across Africa.
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FounderTimoDurban, Kzn, Za -
Chief Executive OfficerTimo Aug 2022 - PresentSouth AfricaAs the Founder and CEO of Timo Rides, I am committed to transforming the travel experience for both tourists and corporate clients in the mobility sector. At Timo Rides, we prioritize customer satisfaction and innovation, offering seamless transportation solutions that cater to the diverse needs of our clients.Under my leadership, Timo Rides has focused on leveraging technology to enhance operational efficiency and create a user-friendly platform. We aim to provide reliable, safe, and affordable travel options while contributing to sustainable practices within the industry.I am passionate about fostering a culture of excellence within our team, encouraging collaboration and creativity to drive continuous improvement. Our goal is to set new standards in the mobility sector and empower our customers to explore their destinations with ease. -
Explore Program Coach Consultant54 Collective Sep 2024 - PresentSouth AfricaAs a Program Coach at 54 Collective, I am dedicated to supporting aspiring entrepreneurs in our Explore program, designed to refine business ideas into investable concepts. My role involves evaluating projects, ensuring practical application of learned concepts, and assessing market readiness.I provide personalized guidance by offering constructive feedback and facilitating in-person and online workshops. Engaging with participants through office hours, community discussions, and study groups fosters a collaborative learning environment, empowering entrepreneurs to overcome challenges and achieve their goals.With over 7 years of experience in market research, business modeling, and entrepreneurship, I leverage human-centered design and lean startup principles to help participants succeed. I am passionate about driving inclusive growth across Africa and committed to enhancing the entrepreneurial ecosystem. -
Start Up EvaluatorAfrican Impact Initiative Aug 2024 - PresentSouth AfricaAs a Startup Evaluator with the African Impact Initiative, I assess innovative business proposals from emerging entrepreneurs across the continent. My role involves evaluating the viability, impact, and scalability of startups, providing constructive feedback to help them refine their business models and strategies.I collaborate with a diverse team of experts to ensure that we identify and support high-potential ventures that align with our mission of driving sustainable growth and social impact in Africa. Through detailed analysis and evaluations, I contribute to nurturing the entrepreneurial ecosystem and empowering the next generation of innovators.My passion for entrepreneurship, combined with a strong understanding of market dynamics, allows me to effectively support startups in their journey to create meaningful change. -
Real Estate SalesRemax Advance Sl Mar 2023 - PresentSouth AfricaAs a Real Estate Sales Associate at RE/MAX, I am committed to helping clients navigate the dynamic real estate market with confidence. I specialize in connecting buyers and sellers, providing personalized service that prioritizes their unique needs and goals.My role involves conducting market research, analyzing property values, and developing effective marketing strategies to showcase listings. I leverage the extensive RE/MAX network and resources to ensure maximum visibility for properties and to deliver exceptional results for my clients.With a passion for real estate and a strong focus on building lasting relationships, I strive to create a seamless and enjoyable experience for all my clients. Whether you’re looking to buy your dream home or sell a property, I am dedicated to guiding you every step of the way. -
Iyba-We4A Business MentorThe Tony Elumelu Foundation Jul 2024 - PresentAs a Business Mentor with the IYBA-WE4A program, I am dedicated to empowering women entrepreneurs across Africa by providing guidance, support, and resources to help them navigate the challenges of building and scaling their businesses. My role involves working closely with mentees to refine their business strategies, enhance their skills, and develop sustainable growth plans.I leverage my experience in entrepreneurship and business development to offer personalized advice tailored to each entrepreneur's unique needs and aspirations. By fostering a supportive and collaborative environment, I aim to inspire confidence and resilience in my mentees, equipping them with the tools they need to succeed. -
Judge And Business MentorThe Tony Elumelu Foundation Aug 2021 - Sep 2024In my role as a Judge and Business Mentor with the Tony Elumelu Foundation, I have the privilege of evaluating and mentoring some of Africa's most promising entrepreneurs. I assess business plans and innovative ideas, providing constructive feedback to help entrepreneurs refine their strategies and enhance their potential for success.As a mentor, I am dedicated to fostering a supportive environment where aspiring business leaders can thrive. I share my insights and experience in entrepreneurship, guiding participants through the challenges of starting and growing their ventures. By connecting them with valuable resources and networks, I aim to empower them to turn their visions into reality. -
Gcip MentorUnido Global Cleantech Innovation Programme (Gcip) Aug 2022 - Dec 2023South Africa -
Grassroots Innovation Program Business MentorTechnology Innovation Agency Jan 2022 - Dec 2023 -
Regional Jury MemberGlobal Startup Awards Africa Oct 2021 - Dec 2023Africa -
Postgraduate Teaching AssistantUniversity Of Kwazulu-Natal Feb 2014 - Nov 2015Durban Area, South Africa
Eddison Shumba Education Details
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Business/Commerce, General -
Business/Commerce, General
Frequently Asked Questions about Eddison Shumba
What company does Eddison Shumba work for?
Eddison Shumba works for Timo
What is Eddison Shumba's role at the current company?
Eddison Shumba's current role is Founder.
What schools did Eddison Shumba attend?
Eddison Shumba attended University Of Kwazulu-Natal, University Of Kwazulu-Natal.
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