Baobab Network
The Baobab Network is a prominent start-up accelerator based in Africa, with offices in Nairobi, South Africa, Nigeria, and London. It focuses on supporting early-stage technology ventures across the continent by connecting them with talent and global investors. The organization provides a range of services, including leadership development, entrepreneurship training, strategy design, and resource planning, all aimed at fostering growth and enhancing revenue for participating businesses. In exchange for equity, The Baobab Network offers financial support and a platform for companies to expand their operations and access vital resources, ensuring they receive real-time guidance to navigate the challenges of the entrepreneurial landscape.
Past deals in Zambia
Mangwee
Seed Round in 2020
Mangwee is a mobile money transfer platform focused on enhancing financial inclusion, particularly in rural areas of Zambia and Africa. The company offers a secure and affordable payment solution that aims to facilitate a cash-light economy. Beyond basic money transfers, Mangwee has developed an ecosystem of applications designed to improve the lives of various demographics, including women, farmers, youths, and the economically disadvantaged. Additionally, the platform features an electronic wallet service tailored for university students, which aims to reduce the cost of mobile money transactions and enables users to transfer funds conveniently via their mobile phones at any time and from any location.
Mangwee
Non Equity Assistance in 2019
Mangwee is a mobile money transfer platform focused on enhancing financial inclusion, particularly in rural areas of Zambia and Africa. The company offers a secure and affordable payment solution that aims to facilitate a cash-light economy. Beyond basic money transfers, Mangwee has developed an ecosystem of applications designed to improve the lives of various demographics, including women, farmers, youths, and the economically disadvantaged. Additionally, the platform features an electronic wallet service tailored for university students, which aims to reduce the cost of mobile money transactions and enables users to transfer funds conveniently via their mobile phones at any time and from any location.
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