Startups Profile

Founded in 2018, Ukheshe is enabling companies in the African fintech ecosystem to deliver embedded finance that aims to close the financial inclusion gap. It serves over 100 customers across different sectors, including banks, fintech, mobile network operators, and other small and medium-sized businesses. Ukheshe Technologies is a global, digital-first financial services enabler and an […]

Asaak, which started operations in Soroti Uganda in 2016, pivoted to motorcycle financing in 2019 after a period of lending to farmers and then SMEs.  The startup has so far financed the purchase of 5,000 motorcycles and has also started providing smartphones and fuel financing to the operators. Asaak is redefining asset financing, starting in

Founded in 2016 by Douglas Baguma and David Tusubira, Innovex has developed “Remot”, a cloud-based Internet of Things (IoT) solution that transforms the distribution of off-grid solar energy systems and equipment using digital tools by enabling solar companies, EPC, and distributors to remotely monitor and manage their energy systems. The two co-founders realized that solar

Founded by Rose Goslinga and Thomas Njeru in 2015, Pula delivers agricultural insurance and digital products to help smallholder farmers navigate climate risks, improve their farming practices and bolster their incomes over time. Agriculture insurance has traditionally relied on farm business. In the U.S. or Europe with typically large farms, an average insurance premium is

The founders of Altech Group, Iongwa and Washikala were forced to flee their home village of Baraka in South Kivu during the Congolese civil war. They grew up in a Tanzanian refugee camp, which only cemented their friendship from early childhood. As they grew older, their entrepreneurial spirit was evident to DAFI, a UNHCR program

Founded in 2016 by Shola Akinlade and Ezra Olubi, Paystack builds technology to help Africa’s best businesses grow from new startups to market leaders launching new business models. Paystack makes it easy for businesses to accept secure payments from multiple local and global payment channels, and then they also provide tools to help you retain

Founded in 2016 and officially launched in 2017, swiftVEE is a livestock trading platform that connects online buyers to livestock auctions for real-time purchases in low-latency areas such as farmlands. So far, the startup has done over 150 auctions, and it has 125,000 farmers in its network. SwiftVEE uses artificial intelligence (AI) to match buyers

Aronu Ugochukwu and Abafor Chima founded the startup Xend Finance, which in 2019 took part in the Google Launchpad Africa accelerator and the Binance Incubation Programme has developed a platform that gives everyone access to the global money market so members can save and invest in stable currencies.  Xend Finance, popular and widely used in

The Student Hub increases access to vocational education for large numbers of students, whilst reducing the costs of delivery of education and training, by partnering with government-accredited Technical and Vocational Education and Training colleges to help them deliver their courses online.  The Student Hub increases access to vocational education for large numbers of students while

Since 2010 local African small-scale farmers and producers have enjoyed the sourcing support of Black Mamba which manufactures a range of chili sauces, pesto, pickles, chutneys, and jams, all of which are made from natural, fresh ingredients without artificial flavors or preservatives.  Black Mamba not only creates world-class food products, but also market access and