After 3 startup shutdowns, this founder built Africaβs biggest Web3 incubation programme
Techpoint Africa | Bolu Abiodun - Jan 21, 2026

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- Eric Annan bought Bitcoin at $350 and made significant profits, leading to his interest in blockchain technology.
- Annan founded Aya HQ, Africa's largest Web3 incubation program, to support African founders in the blockchain space.
- His first entrepreneurial venture in VoIP collapsed due to regulatory issues, prompting his shift to cryptocurrency.
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Eric Annan's journey highlights the critical need for a collaborative ecosystem in Africa's tech landscape. By focusing on education and support for founders, Aya HQ is paving the way for a new generation of innovators who can leverage blockchain technology to address local challenges. This approach could significantly transform the African startup scene, but it requires sustained investment and commitment from both local and international stakeholders.
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