Launch Africa Ventures

Chekkit is a technology company that provides an anti-counterfeiting solution powered by a DAG blockchain, specifically designed for the food and drug supply chain. The platform enables producers to protect their brands by offering real-time product authentication and tracking of supply chain activities. Additionally, Chekkit facilitates consumer engagement and collects valuable insights from the last mile of the supply chain. By equipping producers of fast-moving consumer goods (FMCG) and pharmaceuticals with tools to combat counterfeiting, Chekkit helps them regain market share and enhance sales while ensuring the integrity of their products.

Kredi is a neo bank building Africa's one-stop shop for digital financial services. Kredi is a platform that eliminates all the challenges of using multiple applications and allows users to manage all aspects of their financial lives. We are fully licensed by the Central Bank of Nigeria. We provide access to digital financial services such as savings, credit, payment, investments, and insurance to all consumers in Nigeria in one place.

Spleet operates a rental home listing platform focused on delivering affordable and flexible living spaces in Africa. The company offers fully furnished accommodations with various payment and sharing options, catering to the needs of renters seeking convenience and comfort. In addition to housing, Spleet provides essential services such as cleaning and security, enhancing the overall living experience. By making great living spaces more accessible to renters, Spleet aims to facilitate better returns for homeowners while fostering a future of flexible living across the continent. The company envisions a landscape where comfortable living solutions promote freedom, equity, and innovation in Africa.

Edves Limited is a Nigerian company founded in 2016 that specializes in developing school management software. The platform automates various aspects of school operations, including student enrollment, fee collection, result processing, and e-learning. Edves offers tools for online learning, such as e-books, video tutorials, and virtual classrooms, as well as features for generating lesson notes and transcripts. The software also provides analytics to monitor student and school performance, streamlining administrative tasks for educational institutions. Based in Lagos, Edves aims to enhance the efficiency of school management processes through its innovative solutions.

Operator of a tech-enabled bus-sharing company intended to provide professionals in metropolitan cities access to efficient, comfortable, and safe transportation. The company's platform helps to access efficient shared transportation for users to find, book, and share bus rides for commuting to work and back home, enabling customers to experience a simpler and better way to commute.

Semicolon is a technology education company focused on creating employment and economic opportunities by training software engineers and technopreneurs. The organization aims to prepare young people and businesses in Africa for the digital economy through comprehensive support services, including early business assistance, product development, advisory services, and training. By offering these resources, Semicolon helps young entrepreneurs gain the necessary direction and support to expand their ventures. Additionally, the company provides an education marketplace that enables third-party training providers to manage learners and educational content, facilitating skill acquisition that aligns with job market demands. This approach not only empowers individuals to secure meaningful employment but also assists employers in finding skilled workers essential for their success.

Edves Limited is a Nigerian company founded in 2016 that specializes in developing school management software. The platform automates various aspects of school operations, including student enrollment, fee collection, result processing, and e-learning. Edves offers tools for online learning, such as e-books, video tutorials, and virtual classrooms, as well as features for generating lesson notes and transcripts. The software also provides analytics to monitor student and school performance, streamlining administrative tasks for educational institutions. Based in Lagos, Edves aims to enhance the efficiency of school management processes through its innovative solutions.

Omnibiz is a digital platform for small businesses willing to attract new customers.

Chekkit is a technology company that provides an anti-counterfeiting solution powered by a DAG blockchain, specifically designed for the food and drug supply chain. The platform enables producers to protect their brands by offering real-time product authentication and tracking of supply chain activities. Additionally, Chekkit facilitates consumer engagement and collects valuable insights from the last mile of the supply chain. By equipping producers of fast-moving consumer goods (FMCG) and pharmaceuticals with tools to combat counterfeiting, Chekkit helps them regain market share and enhance sales while ensuring the integrity of their products.

MVXchange is a digital maritime logistics platform with an integrated shipbroking solution.

PayHippo is a financial technology company focused on providing financing solutions for small and medium-sized enterprises (SMEs) in Nigeria. It offers automated underwriting and credit assessment tools that facilitate the flow of capital to approximately 40 million small businesses in the region. Through its API integration, PayHippo enables partners to effectively monitor the SMEs utilizing its financing services. The company specializes in providing various financial products, including working capital loans, asset financing, and inventory financing, which help businesses acquire necessary equipment and access clean energy solutions. By bridging the financing gap for SMEs, PayHippo contributes to the growth and sustainability of small businesses in Africa.

BFree is a developer of a credit management platform that aims to enhance the credit collection process while prioritizing consumers' financial health. The company utilizes artificial intelligence to create ethical credit management tools, making the collection processes more scalable, efficient, and user-friendly. By focusing on sustainability, BFree empowers customers, particularly in emerging markets, to take control of their finances. The platform allows users to self-administer their loan repayments and gain essential knowledge in personal budgeting and financial management, ultimately leading them out of debt.

Alpha Direct is a Botswana-HQ, Africa-focused risk carrying Insurtech that is focused on using cloud, big data and AI to deliver compelling insurance products for Africa’s growing consumer market. The insurance sector in Africa is underpenetrated vs most of the World. Given affordability, accessibility and inflexibility, insurance is seen as being a product “that is only available to the rich”. The company has become the fifth largest short-term insurance underwriter in their home market in under 5 years, and is now focused on regional and continental expansion across Africa as well as entering the long-term insurance market. The company has a strong stable of intellectual property including software, trademarks and patents. The company recently won The African Insurance Award for Innovation of the Year, for their insurance in a box product sold through retail outlets (with a cloud-based activation and policy management platform) where they have acquired thousands of customers and are scaling up rapidly. Over the next 5 years Alpha Direct plans to expand its product offering to include long-term insurance products as well to expand its footprint to include South Africa, Kenya, Egypt and Nigeria. Alpha Direct plans to license its products and technology in 10 African countries outside those where it has a physical presence.

Pricepally operates an e-commerce platform focused on food and grocery shopping, founded in 2019 and based in Lagos, Nigeria. The platform aims to provide access to affordable, nutritious, and secure food items in urban areas across Africa. Pricepally functions as a digital food cooperative, allowing consumers to connect directly with local farmers, wholesalers, and producers. It enables users to buy food in bulk or share bulk purchases with others, leveraging collective bargaining power to reduce costs. The online store offers a wide range of products, including groceries, baby products, packaged food, and various ingredients, ensuring that customers have access to fresh and high-quality food items.

Semicolon is a technology education company focused on creating employment and economic opportunities by training software engineers and technopreneurs. The organization aims to prepare young people and businesses in Africa for the digital economy through comprehensive support services, including early business assistance, product development, advisory services, and training. By offering these resources, Semicolon helps young entrepreneurs gain the necessary direction and support to expand their ventures. Additionally, the company provides an education marketplace that enables third-party training providers to manage learners and educational content, facilitating skill acquisition that aligns with job market demands. This approach not only empowers individuals to secure meaningful employment but also assists employers in finding skilled workers essential for their success.

Pricepally operates an e-commerce platform focused on food and grocery shopping, founded in 2019 and based in Lagos, Nigeria. The platform aims to provide access to affordable, nutritious, and secure food items in urban areas across Africa. Pricepally functions as a digital food cooperative, allowing consumers to connect directly with local farmers, wholesalers, and producers. It enables users to buy food in bulk or share bulk purchases with others, leveraging collective bargaining power to reduce costs. The online store offers a wide range of products, including groceries, baby products, packaged food, and various ingredients, ensuring that customers have access to fresh and high-quality food items.

Kuda Technologies Ltd is a digital banking service provider based in Nigeria, offering a range of financial products including savings accounts, checking accounts, money transfers, and debit cards through its online platform. The company, which was established in 2018 and is headquartered in London with an additional office in Lagos, aims to make banking more affordable and rewarding for its users. Kuda operates as a digital-only bank, providing services without traditional banking fees, and is known for its user-friendly mobile banking application. Originally founded as KudiMoney Ltd, the company rebranded to Kuda Technologies Ltd in June 2019.