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Ten African Startups Announced for 6th Africa Tech Summit Nairobi

Ten African Startups Announced for 6th Africa Tech Summit Nairobi

The Africa Tech Summit Nairobi has announced the ten African technology companies that will present their solutions to an audience of industry experts, investors and fellow innovators.

This is a leading African technology event that provides insight and networking into the African technology ecosystem, bringing together technology leaders, banks, international investors, entrepreneurs, governments, trade bodies, media and leading companies to boost investment and business in African technology.

The sixth edition will take place in February, connecting more than a thousand African and international industry leaders, investors and startups from across the African tech ecosystem.

The annual Investment Showcase is a cornerstone of the Africa Tech Summit, allowing selected ventures to present their products and services to a diverse audience of local and international investors and tech leaders.

According to the Disrupt Africa portal, more than 250 applications were received from various countries on the continent, and ten start-ups were selected, covering fintech, agri-tech, e-commerce, Web3 and climate technology. All of them are seeking funding of between 500,000 dollars (31.6 million meticais) and 15 million dollars (948 million meticais).

Nigeria is represented by Bingtellar, which is building payment infrastructures for global citizens, including freelancers, remote workers, contractors and businesses; Dukka, which is digitising payments and accounting solutions to help small businesses; Feegor, a B2B e-commerce company that connects SMEs with manufacturers and major wholesalers; and Regxta, which is making financial services accessible to underprivileged communities and micro-enterprises in rural and peri-urban areas across Africa.

The four Kenyan companies selected are A Node Bio, which is using advanced plant science to create crop treatments that can deal with the negative effects of climate change. Its new solution, Farmchef, helps plants survive drought, extreme heat and other water-related challenges. Peercarbon is a climate fintech start-up that uses granular emissions data and cutting-edge sustainable finance technology to empower African SMEs. Peercarbon’s Software As A Service (SaaS) platform offers real-time insights, making it easier for companies to monitor their carbon footprint. Tausi App is a beauty technology company that uses technology to connect beauticians with potential clients. URBANET, which promotes international dialogue on development activities around the world, provides information on municipal and local governance, sustainable urban development and decentralisation.

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The other two startups selected are Valu from Egypt, the leading lifestyle fintech platform Buy Now Pay Later (BNPL), and FutureLink Technologies from Uganda, a digital marketplace that is simplifying financial access for individuals and facilitating payments for financial co-operatives.

“In the context of the challenging scenario of reduced funding for African startups in 2023, the resilient spirit of entrepreneurship continues to thrive across the continent, and we are delighted to present these ten pioneering ventures for this edition of the Investment Showcase. Our main aim is to highlight and promote connections for these companies with local and global investors. We look forward to welcoming over a thousand delegates to the summit to catalyse collaborative efforts and drive investment, in order to further fuel innovation and growth across the continent,” said Africa Tech Summit’s Ecosystem and Sales Manager, Henry Umunnakwe.

To guarantee your participation in the Africa Tech Summit Nairobi, register here, from 14 to 15 February.

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