Afrigather Ten African startups trying to increase between $500,000 to $15 million will pitch to buyers and business consultants on the Africa Tech Summit in Nairobi on February 14th and fifteenth.
The occasion’s organisers acquired over 250+ entries earlier than making the ultimate lower of 10 startups throughout sectors like fintech, agritech, e-commerce, Web3, and climate-tech. The funding showcase is a artistic manner for the ten startup finalists to get the capital injection wanted for development.
Startup funding on the continent in 2023 slowed in comparison with the record-breaking yr of 2022. Per Africa: The Large Deal, a curated funding database, African startups skilled a 39% drop in funding acquired within the earlier yr—falling to $2.9bn in 2023 from $4.6bn recorded within the earlier yr.
The chosen startups for this yr’s showcase embrace:
Node Bio, a Kenyan climatetech startup using cutting-edge plant science to develop crop therapy that successfully fight the antagonistic results of local weather change. Their progressive resolution, Farmchef, permits crops to face up to drought, excessive warmth, and different water-related stressors.
Valu, a number one Egyptian Purchase Now Pay Later (BNPL) lifestyle-enabling fintech platform in MENA, provides clients and companies handy and complete monetary options.
Bingtellar, a Nigerian crypto startup constructing cost infrastructure for world residents together with freelancers, distant employees, contractors, companies. Their ramp product simplifies the method of shopping for and promoting crypto and facilitates swift cash switch throughout Africa.
a Nigerian startup digitizing funds and bookkeeping options to help small companies throughout Africa to simply accept all digital cost strategies.
FutureLink Technologies, a Ugandan startup is a digital market that’s simplifying monetary entry for people and facilitating funds for monetary cooperatives.
Tausi App, a Kenyan magnificence tech firm that leverages know-how to hyperlink beauticians to potential clients. Tausi has registered over 6000 beauticians to date.
Feegor, a Nigerian B2B e-commerce firm that connects small and medium enterprises (SMEs) to producers and main wholesalers.
Peercarbon, a Kenyan local weather fintech startup that leverages granular emissions knowledge and cutting-edge sustainable finance know-how to empower African SMEs. Peercarbon’s Software program as a Service (SaaS) platform offers real-time insights, making it straightforward for companies to trace their carbon footprint.
Regxta, a Nigerian fintech startup that makes monetary companies accessible to underserved communities and micro-businesses in rural and peri-urban areas throughout Africa, together with internally displaced individuals and refugees.
URBANET, a Kenyan startup that promotes worldwide dialogue on improvement actions worldwide, offering insights on municipal and native governance, sustainable city improvement, and decentralization.
