Sector :Tech
Entrepreneur :Kalifa FAAL
Creation date : 2017
In portfolio since :2019
Xoom Wireless is a Gambia-based internet service provider.

A company lead by Kalifa FAAL

Kalifa FAAL is a computer science graduate from Florida State University. He has more than 10 years of experience in internet and web technologies. He worked for 8 years in the United States as a sales and marketing manager. He is the founder and CEO of KMF Technology, a computer hardware and tool supply company based in The Gambia.

Partnership with Teranga Capital

Teranga Capital’s investment in Xoom aims to :

  • Support the reflection on the first phase of deployment and future extensions of the activity
  • Strengthen managerial, technical and administrative management capacities by supporting the development of management methods and tools.
  • To enable the project to benefit from Teranga Capital’s network, to put it in touch with partner companies in Senegal and abroad.

Exptected impacts

Teranga Capital’s investment in Xoom aims to :

  • Management of energy consumption (electricity, water and diesel)
  • Formalization of human resources, recruitment of qualified personnel
  • Support for the implementation of financial and administrative management tools