DELVE INTO AFRICAN WEALTH
DON'T MISS A BEAT
Subscribe now
Skip to content

Zimbabwean social entrepreneur Tsitsi Masiyiwa aims to raise $50 million for African-led ventures

Tsitsi Masiyiwa’s RemitHope seeks $50 million to channel diaspora remittances into African-led projects spanning health, education, and welfare.

Zimbabwean social entrepreneur Tsitsi Masiyiwa aims to raise $50 million for African-led ventures
Tsitsi Masiyiwa, founder of RemitHope, empowering African-led ventures.

Table of Contents

Zimbabwean social entrepreneur Tsitsi Masiyiwa, wife of the country’s richest man Strive Masiyiwa, has launched RemitHope, a fintech-powered social enterprise aiming to raise $50 million to back 1,000 African-led organizations in 13 countries. The initiative is designed to channel diaspora remittances into practical community projects focused on education, health, livelihoods, emergency relief, and family welfare.

Building Africa’s solutions from within

RemitHope links underfunded local organizations with Africans both at home and abroad through a platform that verifies grassroots causes and guarantees secure, transparent giving. The reach of its work became clear in Zimbabwe when a fire tore through the Mount Selinda Children’s Home in Chipinge. In only three weeks, 1,033 donors from ten countries gave $40,519. With help from partners, this amount was later doubled to $81,038.

The quick turnaround shows that when institutions support diaspora giving, it can rapidly deliver real, measurable impact. It also shows that international aid alone can't meet Africa's huge needs; to reach the Sustainable Development Goals, the continent needs more than $1.3 trillion a year. RemitHope is closing critical funding gaps by tapping into remittances — a lifeline for millions of families worldwide. The organization remains firmly committed to transparency and making a real impact.

Expanding through technology and partnerships

RemitHope recently featured at the Institute of Chartered Accountants of Zimbabwe (ICAZ) Winter School & Investment Conference in the UK, where it engaged with diaspora communities and potential partners. The presentation reinforced the appetite for professional, transparent ways to support community-driven initiatives.

Founded by Tsitsi Masiyiwa, who also co-leads the Higherlife Foundation with her husband, telecoms entrepreneur Strive Masiyiwa, RemitHope is rooted in a long tradition of philanthropy. Its mission is to use technology to make giving easier, more reliable, and more impactful, while strengthening the bond between African communities and their diaspora supporters.

Masiyiwa’s vision for African philanthropy

For Masiyiwa, RemitHope is a natural next step in her decades-long work to empower people at the grassroots level. She has always pushed for African-led solutions through groups like the Higherlife Foundation and Delta Philanthropies, as well as her work on global boards like the END Fund and Co-Impact.

With RemitHope, she is changing the way that diaspora remittances, which are usually sent to meet the needs of immediate family, can be used as a structured way to help communities grow over time. Her goal is to grow local projects, fill in funding gaps that keep coming up, and make the whole continent more resilient.

Advert

Latest