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Prince Ogbonna

CEO

Moolu Venture Lab

Abuja, Nigeria

1 profile visitBusiness supporting organization

Scaling AI efforts and enabling respoonsible adoption across policy actors.

My organisation

Moolu Venture Lab

Moolu Venture Lab

Incubator / Accelerator

Abuja, Nigeria

Moolu Venture Lab Profile Moolu Venture Lab is a leading innovation hub dedicated to empowering young entrepreneurs, change-makers, and innovators across Nigeria and the broader African continent. Established in 2017 as MOLI Academy and rebranded in 2022, Moolu Venture Lab has made significant strides in fostering entrepreneurship and leadership among youth. Through a dynamic ecosystem, the lab connects young visionaries with mentors, investors, and industry experts to help scale their impact and address critical challenges facing their communities. At Moolu Venture Lab, we believe in the power of impact. We provide a comprehensive range of resources, including business development services, strategic guidance, and leadership training, to ensure young change-makers can thrive and grow. To date, we have supported over 200 youth-led startups, MSMEs, and social enterprises, empowering them to scale their initiatives across various sectors such as technology, agriculture, and social impact. Moolu Venture Lab has also created and led several youth-focused programs that have become integral to the innovation ecosystem. Initiatives such as the Emerald Pitchfest, the E-tech Africa Summit, and the NextechCzar Incubation Program have helped nurture startups with critical leadership skills, innovation tools, and access to investors. These programs have led to numerous impactful partnerships and investment opportunities for selected participants, contributing to the growth of sustainable businesses across the continent. The lab has garnered recognition through key partnerships with organizations such as GIZ, co-founded by the European Union and BMZ, where Moolu Venture Lab plays a crucial role as an Innovation Support Organization (ISO) assisting policy actors in the adoption of AI for public governance. Through our collaboration with Intel Africa, we have also empowered young innovators in deep-tech sectors, fostering solutions that contribute to Africa’s technological advancement. Additionally, our involvement in IIF Deal-making Coaching for Innovators has helped train Nigerian startups in securing impactful investments for their ventures. Moolu Venture Lab remains committed to driving positive change, supporting  innovation, and shaping Africa’s future through entrepreneurship. Testimonial Videos. Traders of Africa https://www.youtube.com/watch?v=9UuMA7Z9fdU&t=29s    PressPayNg https://youtu.be/9UuMA7Z9fdU   Raiz Digital Services (US and Nigeria) https://drive.google.com/file/d/1u3oB6vY-M7MQY2RJmJJBmLpeasSbXPHw/view?usp=drivesdk
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About me

Prince Ogbonna is the CEO of Moolu Venture Lab and Managing Partner at Moolu Venture Capital LP, where he spearheads initiatives accelerating innovation and entrepreneurship across Africa. With over 15 years of experience supporting MSMEs and startups, Prince has established himself as a leader in fostering impactful, scalable businesses. His expertise lies in driving the adoption of Artificial Intelligence (AI) to empower innovators, enhance policy frameworks, and enable sustainable economic growth.

Prince has been instrumental in AI adoption initiatives for African innovators. He served as a reviewer for Meta's LLaMA 3.1 Hackathon for Sub-Saharan Africa, evaluating AI-driven projects aimed at solving real-world challenges. Additionally, under his leadership, Moolu Venture Lab was recognized as a leading Innovation Support Organization (ISO) selected for the GIZ-European Union-funded AI Training of Trainers (ToT) for policy actors in Nigeria. This initiative, co-implemented by Data Science Nigeria, equips policy stakeholders with the knowledge to integrate AI responsibly.

Prince’s work also extends to the Intel Community Programs, where he advocates for deep tech adoption to empower entrepreneurs and policy actors. His dedication to fostering AI implementation aligns with his vision of positioning Africa’s innovators as global leaders in technology, sustainability, and impact-driven solutions.

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Skills

  • Artificial Intelligence Adoption & Implementation
  • Startup Acceleration & Venture Development
  • Policy Innovation for Tech Ecosystems
  • Strategic MSME Growth & Empowerment
  • Investment & Deal Flow Management
  • Innovation Program Design & Execution
  • Sustainable Impact & Climate Tech Advocacy

International markets of interest

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BrazilRussiaIndiaChinaSouth AfricaEgypt Saudi ArabiaUnited Arab EmiratesOther (Non-BRICS+ Country)