Startups Profile

Formed in late-2018 by Simon Ngigi, who was later joined by Allan Thiga, CashBackApp helps fast-moving consumer goods (FMCG) companies to build loyalty amongst customers by allowing them to earn cashback via M-Pesa on their everyday shopping. They started CashBackApp in 2020 to help middle to lower-income consumers in Africa save on their everyday grocery […]

In 1990, Peter Scott was traveling through Zaire when he witnessed the deforestation caused by charcoal production for household cooking. At that moment, he committed his life to saving forests in Sub-Saharan Africa through the design and manufacture of fuel-efficient cookstoves.  In 2010, after spending 13 years as a cookstove consultant in Central America and

The company was founded in 2015 by Josef Murad & Matias Murad to make healthcare affordable and available to those who need it the most in Africa. BYON8’s app runs 24/7 and you can easily access the app any time you face a problem. The goal was to make high-quality healthcare more accessible, affordable, and

Launched in 2020 as a spinoff of Rensource, an African energy company offering power-as-a-service to customers, Sabi provides merchants and resellers with business tools and services that help them reach new customers, improve cash flow, and streamline logistics.  The startup targeted the over 41 million MSMEs in Nigeria that need efficient platforms that can connect

Founded in 2014 under the name, ‘Divine Mercy,’ CapitalSage provides inclusive solutions to individuals and businesses for continuous value and wealth creation in Africa. They are an integrated digital financial service group that provides people-driven empowerment and inclusive solutions to individuals and businesses for continuous value and wealth creation in Africa. They retail top-notch innovations

Launched in February 2021 by Kelvin Umechukwu and Adetunji Opayele, Bumpa helps merchants move their businesses online without the need for programming skills.  The platform allows them to set up an e-commerce store using their smartphone, accept online and offline payments, manage inventory, handle bookkeeping, fulfill orders, track sales, request dispatch riders, and engage customers.

Chekkit Technologies was founded in 2018 by Dare Odumade with the support of Oluwatosin Adelowo and Samuel Ukhueleigbe as Co-Founders. With its blockchain technology, Chekkit can monitor premium packaged goods and products through the unique tamper-proof ID it gives to individual products. Chekkit is incorporated in Nigeria and the USA, with extensive experience working with

ColdHubs was founded in 2015 in Owerri, in Imo State, Nigeria. The main objective was to provide an option for farmers and merchants who lost income as a result of the spoilage of fresh produce due to a lack of cold storage facilities. Each 3m2 cooling unit can hold three tonnes of food, with customers

Zowasel is an agricultural technology startup developing a sustainable and nature-positive value chain across communities, people, and the planet. It works with over 1.5 million smallholder farmers aggregated across its network in Northern Nigeria, and recently launched operations across Nigeria’s Niger Delta region to support smallholder farmers across the oil palm and cocoa value chains. 

Launched in 2018 by actuaries Alex Thomson, Sumarie Greybe, and Ernest North, Naked Insurance has built an end-to-end digital platform that enables customers to manage their entire insurance experience online from an app.  Its platform offers comprehensive and instant cover for cars, homes, contents, and standalone items, using AI and automation to create a new