Africa’s tech ecosystem is valued at an estimated $480 billion based on recent reports.
Already, the continent boasts nine startups that have hit the $1 billion valuation mark and beyond, a proof of concept of the capital raised and the confidence investors have in Africa’s startups.
Yet behind the applause for CEOs and co-founders, the true engine of every business lies in its operational structures.
Chief Operating Officers (COOs), or leaders performing equivalent operational roles, are the unsung architects of growth. They ensure that the vision set by founders translates into efficient execution, creating systems and processes that allow businesses to scale rapidly without collapsing under their own weight. In Africa’s fast-evolving markets, where challenges range from regulatory hurdles to infrastructure gaps, these leaders keep the organizational machine running smoothly.
That said, not all the African unicorn has a COO currently. Andela has no COO; Flutterwave’s COO resigned in 2024 with no replacement yet. Chipper Cash’s COO was laid off, and at MNT Halan, the head of operations role transitioned to head of account management. These gaps show just how dynamic and sometimes volatile the operational side of Africa’s tech unicorns can be.
As Africa continues to produce unicorns, it is these operational leaders who turn ambition into reality. They are the silent drivers of growth, efficiency, and scalability, ensuring that billion-dollar companies not only survive but thrive in dynamic and challenging markets.
As Chief Operating Officer (COO) of Moniepoint Inc., Pawel Swiatek oversees the company’s global operations, driving its strategy, efficiency, and market expansion across Africa, Europe, and North America. Since joining Moniepoint in February 2023, he has played a central role in strengthening Moniepoint’s business structure and scaling its reach among small and medium-sized enterprises.
Swiatek’s leadership was instrumental in Moniepoint’s $110 million Series C funding round in October 2024, led by Development Partners International (DPI) with participation from Google’s Africa Investment Fund, QED Investors, and Verod Capital. The round pushed Moniepoint’s valuation passed $1 billion, cementing its place among Africa’s elite fintech unicorns.
Before Moniepoint, Swiatek held senior roles in global finance. He served as managing vice president at Capital One, leading key growth and innovation projects, and spent a decade at Bridgewater Associates, where he advised the management committee and helped establish the firm’s first overseas office in Beijing.
A Harvard Business School alumnus, Swiatek also advises several startups and venture firms, including Pedago LLC, Theorem LP, and NextGen Venture Partners.
