Lori Systems is a logistics platform based in Nairobi, Kenya, that connects transporters with cargo owners across Africa. Founded in 2016, the company also has offices in Mombasa, Uganda, and Lagos. Lori addresses a significant challenge in the African logistics sector, where up to 75% of product costs can be attributed to logistics, compared to only 6% in the United States. The platform provides a tech-enabled and operations-driven marketplace that enhances transparency, flexibility, reliability, and cost efficiency, achieving savings of over 18% for users. It offers real-time tracking of cargo, automated documentation, and streamlined payment processes, facilitating smoother goods transportation across the continent. Since its product launch in May 2017, Lori has experienced rapid growth, with a compounded monthly increase of 30%. The demand for its services continues to rise, supported by recent investments from prominent institutional and strategic investors. The company has also received recognition, including winning Techcrunch Battlefield Africa.
STEM Cafe is a non-linear learning center where kids and young adults (5-18 years) can learn about the great world of STEM (Science, Technology, Engineering, and Mathematics) through exciting interactive activities.
Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.
Moove is a mobility fintech company focused on providing revenue-based vehicle financing to entrepreneurs in the mobility sector across Africa. By utilizing embedded alternative credit-scoring technology within ride-hailing, logistics, and delivery platforms, Moove aims to democratize vehicle ownership and improve access to financial services for those previously excluded. The company's innovative approach leverages proprietary performance and revenue analytics to assess and underwrite loans, enabling mobility entrepreneurs to secure the financing needed to grow their businesses. Through this model, Moove addresses the financial barriers faced by individuals in the mobility industry, promoting economic empowerment and expanding opportunities for entrepreneurship.
Filmmakers Mart is Africa's pioneering film and entertainment marketplace, tailored for filmmakers and creatives seeking verified services to enhance their video productions. The platform simplifies the production process by offering curated filming locations, streamlined logistics, and an efficient permit acquisition system. By unifying fragmented markets within the industry, Filmmakers Mart facilitates access to a range of essential services, from location scouting to talent sourcing. This innovative approach not only supports established businesses but also democratizes entry into the film and entertainment sector for emerging creatives, fostering a more inclusive environment for the next generation of filmmakers.
Itana is Nigeria's first Digital Free Zone, designed to facilitate the operation of global technology-driven companies, including startups, e-commerce firms, and service providers, without the necessity of physical presence in the country. This innovative platform offers an optimal online jurisdiction for businesses seeking to expand across Africa. Itana is committed to supporting companies through various operational services, including business incorporation, banking, licensing, and immigration. Additionally, Itana aims to create a favorable environment for African technology talent by providing essential infrastructure and amenities, such as coworking spaces and outdoor facilities, to foster innovation and enhance the digital economy.
Balad is an open banking platform serving migrants abroad and their family members at home. Balad provides services that include cross-border remittances, mobile banking apps, prepaid debit cards, and other financial services.
We are leveraging blockchain and modern geospatial capabilities to build a modern digital land and property registry that enables owners and other third parties to access, verify and value properties effortlessly.
At Smile ID they believe anyone should be able to prove their identity easily, anywhere in the world. Their team is made up of American and African engineers and financial services professionals with experience across global markets in highly regulated environments. They have built encryption, authentication and security solutions. They have developed image processing technology from the chip level up. They have been part of security investigations and have pursued fraudsters. Having worked with, or for, telecoms, lenders, banks and startups, they know the challenges of building world class technology and they understand the needs of the African consumer and enterprise customer. They are backed by leading Silicon Valley & African investors and they have pan-African reach, with representation in the United States, South Africa, Nigeria, Kenya, Ghana and Rwanda.
Uncover is a beauty company that provides skincare products for consumers. The company's mission is to inspire, support, educate, and empower women to take control of health and well-being and become the most trusted skin-care brand. Uncover was founded in 2020 and is based in Kenya.
Laborhack is a digital platform that connects construction businesses with a network of skilled workers, including certified carpenters, plumbers, electricians, masons, and welders. The platform serves as a marketplace where businesses can access a pool of trained and vetted artisans on demand for various projects. By providing a streamlined way for companies to find and hire qualified professionals, Laborhack helps ensure that projects are completed efficiently and on schedule. The platform not only facilitates job connections but also offers certifications and services to support artisans in their careers.
Nexford University is an online higher education institution founded in 2017 and based in Washington, D.C. It offers degree programs and courses designed to meet the demands of various industries, including technology, business, and healthcare. The university focuses on providing quality, affordable education that aligns with the needs of global employers, utilizing a curriculum informed by the skills most sought after in the job market. Nexford caters to students in multiple countries, such as the United States, the Philippines, Nigeria, and Egypt, and emphasizes flexible learning options to accommodate diverse learners. By leveraging artificial intelligence, the institution enhances its educational offerings to prepare students for success in a global workplace.
Steward is a financial platform dedicated to empowering schools by providing loans for their operational expenses and asset acquisitions. The focus of the organization is to unlock growth opportunities for passionate and ambitious small schools, enabling them to deliver high-quality education to their students.
Tripesa provides payment solutions tailored for Africa's travel and tourism sector. The company develops travel technology that facilitates the creation of digital systems aimed at enhancing the scalability of tourism operations. Tripesa's offerings include secure, template-based custom websites, web applications, and marketplaces. These tools are equipped with a comprehensive dashboard that enables businesses to manage inventory, handle bookings and payments, and oversee events management. By streamlining these processes, Tripesa aims to support the growth and efficiency of tourism-related enterprises across the continent.
Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
Hohm Energy is an online marketplace that connects customers with accredited solar providers, product suppliers, and financiers. It provides clients with an evolving solar purchasing experience by utilizing scalable technology that manages their entire solar transition journey from scoping for the solution, installation, ongoing operations, and maintenance. The company was founded in 2021 and is headquartered in Gauteng, South Africa.
Novek builds IOT technology to completely eliminate single use plastic from FMCG Supply chains.
Kibo School is an online university based in New York, established in 2021, that offers affordable, high-quality degree programs. The institution focuses on computer science and aims to equip students with essential skills and professional networks. By combining self-directed learning with an engaging community of tutors, peers, and industry mentors, Kibo School fosters an environment that enhances knowledge acquisition, motivation, and accountability. This model allows students to learn at their own pace while benefiting from the support and insights of a collaborative educational network.
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022. The company focuses on streamlining B2B construction material purchases and financing, facilitating transactions between manufacturers and retailers. Jumba's platform enables businesses to order a variety of construction materials, including cement, steel, paint, tiles, plumbing supplies, electrical components, glass, and kitchen and bathroom finishes, with the option to pay later. By connecting small hardware stores with medium-sized retailers in their vicinity, Jumba helps enhance inventory management and negotiates pricing to simplify the supply chain for construction materials across Africa.
Capsa Technology operates a fintech platform designed to assist small and medium-sized businesses in Africa by facilitating the trading of invoices. This platform aims to alleviate financial concerns for these businesses by converting unpaid invoices into working capital, thereby helping them avoid the detrimental effects of bad debt. Through its online service, Capsa enables companies to buy and sell invoices securely and efficiently. Since its inception, the business has successfully traded over $26 million worth of invoices and processed more than $80 million in payments within a span of 20 months. By unlocking liquidity for small businesses, Capsa is creating a new asset class for fund managers while enhancing financial flexibility for its clients.
Norebase is a provider of intellectual property services focused on facilitating business growth in Africa. Recognizing the complexities of the African market, the company leverages technology to streamline the process of establishing and scaling businesses across the continent. Norebase offers services that include the setup and registration of trademarks, enabling clients to upload necessary documents and secure a registered company along with a tax identification number efficiently. This approach allows businesses to operate in Africa with reduced hassle and minimal risk, ultimately supporting their expansion into global markets.
Codepym is a Software company that is focused primarily on education. Since its inception in 2016, Codepym has continued to take giants strides in reinventing learning and inspiring people to make lifelong positive impact. With more than 100 institutions, (primary, secondary, tertiary, and learning centres), with over 50 staff, everything we do has our clients at the epicentre.
MIA Group is a consumer internet company in Francophone Africa. We are on a mission to make commerce easy through a digital ecosystem fulfilling the everyday needs of consumers online and offline. Our businesses include Miaplenou.com: The largest online retail platform operating in Togo, Benin, Mali, Niger, and Burkina Faso. Launched 2012. Kiosk: online reselling App that enables anyone to start a business without investment. Launched 2021. MiaPay: QR code payment and lifestyle services
Veend is a fintech company that simplifies the lending process for financial institutions and merchants by providing a robust credit infrastructure. It enables easy embedding of credit into various ecosystems, allowing lenders to automate their lending processes and connect with borrowers through multiple origination channels, including USSD, web, mobile apps, ATMs, and point-of-sale systems. By streamlining access to credit, Veend offers a solution that is both efficient and profitable for its clients.
Big Cabal Media (BCM) is a digital media company focused on serving African audiences through high-quality media brands and original content with both local and global relevance. It operates two prominent publications: TechCabal, which provides in-depth coverage of the technology sector's impact on Africa, and Zikoko, which captures and amplifies the narratives of Nigeria's youth culture. TechCabal offers valuable insights into startups, innovation, and technology, catering to entrepreneurs, investors, and decision-makers. Its data and intelligence unit, TechCabal Insights, assists development finance institutions, NGOs, and startups in navigating challenges within the digital economy. Meanwhile, Zikoko engages younger audiences through diverse content formats, including written articles, videos, and memes, reflecting the vibrant elements of youth culture. BCM aims to leverage Africa's digital economy as a path to prosperity for the continent.
Simplifyd offers a cloud infrastructure platform designed for modern application deployment, addressing the specific needs of the African market. The platform provides computing, storage, and managed database services that emphasize high throughput and low latency, all billed in local African currencies. This enables businesses to effectively deploy and scale their applications with ease. Additionally, Simplifyd includes user-friendly web and mobile management software tailored for small businesses, featuring streamlined invoicing, customer relationship management, and sales tracking tools.
Spleet is a fintech company that specializes in providing solutions for the rental market. It offers tenant verification and rent collection services for landlords, along with a rent financing option that allows tenants to pay later. Spleet operates a rental home listing platform that focuses on affordable living spaces, featuring fully furnished accommodations with flexible payment and sharing options. In addition to these services, Spleet also provides cleaning and security services, along with other amenities, to facilitate a smooth transition for tenants moving into their new homes while helping homeowners maximize their rental income.
Caantin is focused on enhancing the contribution of restaurants to the global economy by providing a comprehensive platform tailored for the African food industry. Their solution facilitates food supply procurement, short-term credit access, and overall business management for restaurants. By developing vendor management and payments software, Caantin simplifies onboarding and operations, which improves customer satisfaction and business performance. The platform streamlines procurement processes, supplier payments, and inventory financing, while also offering payment reminders and a collection system for accounts receivable. This enables clients to obtain necessary products at competitive prices, ultimately supporting the growth of food businesses across Africa.
Octo is a digital banking platform dedicated to providing financial services to Egyptians who lack access to formal credit. The platform facilitates a range of financial transactions, allowing users to deposit and withdraw funds at multiple locations, make purchases with a card, and transfer payments through its application. Additionally, Octo enables users to manage their finances by offering the ability to pay with credit at any store that accepts card payments, while allowing them to split transactions between cash and credit at competitive rates. This approach aims to enhance financial inclusion and offer greater flexibility in managing personal finances.
Mecho is an on-demand auto repair and maintenance platform that serves individuals and businesses across Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. By leveraging this network, Mecho enables users to access vehicle maintenance, inspection, and repair services efficiently and conveniently. This innovative approach aims to streamline the auto repair process, making it accessible and straightforward for users in the region.
Gamp is a consumer electronics-specific device protection and support service. The company arranges pick-ups and drops of the gadgets, giving consumers post-sale assistance without having to go to a service center. The company offers repair services for smartphones, PCs, and numerous other electronic devices belonging to several well-known electronic manufacturers.
Frain is developing a solution that will allow you to track all of your product's third-party dependencies from a single dashboard.
Finclusion is a FinTech accelerating company that provides financial services and credit products using AI-powered and data-driven lending for fraud prevention and credit granting. The company also offers buy-now-pay-later (BNPL) services, salary advance schemes, loan services, and transactional banking to individuals and SMEs across 5 countries—South Africa, Eswatini, Namibia, Kenya, and Tanzania.
Wowzi platform is designed to help brands automate influencer marketing workflows and programs. Wowzi Push brand messages and pull consumer insights from trusted influencers shaping the trends that drive African commerce. Wowzi is an online marketplace that democratizes influence, connecting everyday social media users with big brands, enabling nano and micro creators to earn money by spreading brand messages via social media.
Kuunda provides liquidity management and data insight tools enabling users to fulfill financial needs through a digital platform. Kuunda's liquidity solutions are tools that anyone can use to maintain their standard of living, grow their businesses, and build economic resilience. Kuunda assists clients in increasing network productivity and expanding the usage and distribution of their products, resulting in real, measurable results.
Stitch is a payments infrastructure company that helps businesses seamlessly connect to the financial system, so they can deliver a better user experience and optimize operations. Headquartered in Cape Town, South Africa, Stitch launched in February 2021 and has global staff. Stitch offers all popular online payment methods and operates as a Payments Service Provider. Its platform supports a variety of pay-in methods and solutions; financial and payment management solutions; and Payouts. Learn more at stitch.money.
Kwara GmbH is a Berlin-based company that specializes in providing a digital banking platform specifically designed for savings and credit co-operative societies (SACCOs). Founded in 2018, Kwara's cloud-based platform facilitates loan application servicing and approval for members, along with offering integration services, customer support, real-time financial tracking, and compliance services. The company also features Kwara Pronto, a tool for loans management. With a presence in Nairobi, Kenya, Kwara has successfully transformed over 200 SACCOs into modern digital financial institutions across Kenya, South Africa, and the Philippines, enhancing their operational efficiency and financial inclusion through its advanced core banking system and mobile banking experience.
Eden Life, Inc. is a technology-enabled service provider based in Lagos, Nigeria, that specializes in housekeeping and related services for busy individuals. The company simplifies household management by offering a variety of services, including laundry, meal preparation, cleaning, equipment maintenance, and beauty services. Eden Life operates through an online platform and a mobile application, allowing users to conveniently book and access these services. Additionally, the company creates a diverse marketplace by partnering with various vendors, ensuring that customers can meet their household needs efficiently in both Nigeria and Kenya.
Ndovu is an online financial advisory platform that provides personalized and cost-effective investment solutions for users looking to engage in both local and global financial markets. By offering curated investment funds and tailored investment plans based on individual risk tolerance and financial goals, Ndovu aims to improve access to investment opportunities. The platform focuses on simplifying financial concepts for its customers, utilizing advanced technology alongside knowledgeable financial advisors to enhance the investment experience and facilitate wealth generation.
Edves Limited is a company based in Lagos, Nigeria, that specializes in designing and developing school management software aimed at automating various administrative and educational processes. Founded in 2016, Edves's platform serves over 1,700 K-12 schools across 11 African countries, streamlining enrollment, school fees payment, result processing, and online learning. The software offers features such as e-books, video tutorials, and virtual classrooms, facilitating a comprehensive digital learning environment. Additionally, it provides tools for school owners to manage fee defaulters and set reminders, while educators can generate annual reports to track student performance. By enhancing digital infrastructure for educational institutions, Edves aims to improve learning outcomes and optimize school operations.
Releaf is a Nigerian company founded in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. It focuses on sourcing ingredients for African food factories, including cassava, palm oil, ginger, and maize, among others. Releaf aims to create climate-adaptive supply chains in response to the continent's growing population. The firm provides extension services to smallholder farmers, acting as a buyer and streamlining the conversion of raw materials into factory-grade inputs for vegetable oil production. By leveraging digital technologies such as USSD and open banking, along with proprietary machinery, Releaf collaborates with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food factories. This approach not only enhances operational efficiency for food manufacturers but also supports the economic development of small agricultural startups.
Shara is a mobile application that provides a digital platform designed for consumer goods companies in developing markets. It offers tools for managing business operations, including features for sending receipts and invoices, tracking outstanding payments, and sending scheduled reminders and customized professional statements. Additionally, Shara includes a free and secure wallet, allowing clients to organize their finances effectively. By offering these services at no cost, Shara aims to assist businesses in systematically growing and enhancing their sales capabilities.
Sety is a security platform company, that connects victims to the security or medical emergency, guaranteeing safety and digitalising out solution, allowing businesses and developers access to our core services. We hope to revolutionise how people report incidents globally.
Pngme is a financial data platform that aims to enhance access to finance for unbanked and underserved populations. It simplifies the processes of collecting, analyzing, and utilizing financial data, enabling banks, fintech companies, and credit bureaus to develop innovative financial products. The platform facilitates one-click data sharing and provides real-time insights and credit scoring, which empower financial institutions to scale their lending operations while managing risk effectively. By digitizing the credit scoring and capital procurement processes, Pngme helps these institutions access additional capital and improve their offerings. The company's mission centers on returning data ownership to individuals, thereby promoting equitable financial opportunities and fostering wealth creation for billions globally.
Chaka is a financial technology company focused on facilitating access between African individuals and businesses and global capital markets. It offers a regulatorily compliant digital investment platform that enables users to create trading accounts for transactions in both international and local stock markets. The platform provides access to over 3,000 assets across more than 40 countries, including prominent markets in the United States, China, and the United Kingdom. By allowing users to invest in various financial products such as mutual funds and fixed-income products, Chaka aims to empower clients to manage their wealth and achieve their financial goals efficiently.
Akiba Digital is a data and technology company focused on delivering financial intelligence solutions. It specializes in developing a financial data aggregator application that assists users in managing their savings goals and overall financial management. The application provides on-demand insights and visualizations to help users track their progress, while also offering behavioral coaching as part of a premium rewards program. This enables individuals to access personalized financial guidance, promoting more efficient use of their financial resources. Akiba Digital aims to unlock financial opportunities for consumers, businesses, and society by leveraging alternative data.
MarketForce is a technology company based in the US, Kenya, and Nigeria, focused on creating a comprehensive SuperApp for Africa's merchants. Through its B2B commerce and fintech platform, known as "RejaReja," it enables over 200,000 merchants across Sub-Saharan Africa to digitally source and order inventory, make payments, and access financing. The platform also allows merchants to generate additional income by reselling digital financial services, including airtime and bill payments. Founded in 2018 and supported by Y Combinator, MarketForce operates in five markets and employs an asset-light business model. Additionally, it offers tools for sales and distribution automation, empowering field agents to efficiently record activities and collect data in real-time using mobile devices. This integration enhances the overall efficiency and productivity of businesses in the region.
At Smile ID they believe anyone should be able to prove their identity easily, anywhere in the world. Their team is made up of American and African engineers and financial services professionals with experience across global markets in highly regulated environments. They have built encryption, authentication and security solutions. They have developed image processing technology from the chip level up. They have been part of security investigations and have pursued fraudsters. Having worked with, or for, telecoms, lenders, banks and startups, they know the challenges of building world class technology and they understand the needs of the African consumer and enterprise customer. They are backed by leading Silicon Valley & African investors and they have pan-African reach, with representation in the United States, South Africa, Nigeria, Kenya, Ghana and Rwanda.
Rivy is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, Rivy o helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the Rivy o co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.
MDaaS Global operates tech-enabled diagnostic centers in clinically-underserved communities. MDaaS Global connects low-income and middle-income patients with modern, convenient, and affordable diagnostic services, helping patients to identify health issues earlier, gain access to medical specialists and treatment options, and ultimately, live healthier, happier lives.
Nexford University is an online higher education institution founded in 2017 and based in Washington, D.C. It offers degree programs and courses designed to meet the demands of various industries, including technology, business, and healthcare. The university focuses on providing quality, affordable education that aligns with the needs of global employers, utilizing a curriculum informed by the skills most sought after in the job market. Nexford caters to students in multiple countries, such as the United States, the Philippines, Nigeria, and Egypt, and emphasizes flexible learning options to accommodate diverse learners. By leveraging artificial intelligence, the institution enhances its educational offerings to prepare students for success in a global workplace.
Field develops technology aimed at enhancing pharmaceutical supply chains, enabling governments and businesses to deliver healthcare more effectively in rapidly growing regions. The company's platform focuses on digitizing and modernizing supply chain processes, making them easier to use and more scalable. By partnering with communities, Field aims to strengthen and sustain these vital supply chains, ultimately improving access to healthcare for millions of people globally.
Boost Technology provides financial B2B commerce platforms. The company provide services that create a tipping point and services that listen, learn, build, and iterate on a shared platform. Boost assists distributors in the trillion-dollar informal economy. Boost is a single, adaptable platform that allows clients to be served in numerous languages and currencies, with multiple catalogues and prices available across channels.
Bongalow is a mobile-powered home financing marketplace that enables Africans at home and abroad shops for the best home loan to purchase their desired property.
Ongair is an easy to use dashboard that enables businesses to perform great customer care on WhatsApp and soon on WeChat and other popular Instant messaging platforms. Customer service on Instant messaging is 7x faster and more personal allowing brands to close customer queries in realtime where their customers spend the most time... on their phones. With our Zendesk integration you can use Zendesk to manage your team and tickets.
Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
Moneymie is a digital banking and transaction platform that specializes in facilitating USD payments and international wire transfers. It provides a fintech solution designed for businesses, enabling them to make cross-border payments and payouts efficiently. Through its platform and APIs, Moneymie simplifies the payment process for companies looking to operate in multiple countries, ensuring secure and straightforward transactions. Additionally, Moneymie offers mobile app services, enhancing accessibility and convenience for its users.
Afriex is a pioneering platform that allows its users to send and receive money to anybody around the globe. We use stablecoins to offer the fastest and cheapest remittance service to over 30 countries around the world.
Termii is an online platform based in Lagos, Nigeria, that assists African businesses in engaging with their customers through personalized communication via SMS, email, voice, and instant messaging channels. Founded in 2014, Termii offers a comprehensive suite of business applications that cater to various needs including digital branding, sales, marketing, customer relationship management, eCommerce, accounting, inventory, and project management. By providing these tools, Termii aims to enhance customer retention and improve business operations, making it easier for companies to secure repeat customers and foster effective communication.
Sote, Inc. is a technology company specializing in the logistics sector, focusing on digital customs clearing and freight forwarding solutions. Established in 2017 and headquartered in San Francisco, California, with an additional office in Nairobi, Kenya, Sote provides a platform that allows industrial cargo owners to efficiently manage freight clearing and forwarding processes. The platform includes a comprehensive dashboard that tracks shipment status, payment history, and estimated container arrival times, streamlining communication among all parties involved in logistics. Additionally, Sote is dedicated to enhancing trade finance in Africa by leveraging proprietary trade data to enable banks and financial institutions to lend to corporations and SMEs without traditional collateral requirements. By bridging the trade finance gap and offering reliable credit and risk management solutions, Sote aims to empower African businesses and facilitate growth in the continent's trade landscape.
Ndovu is an online financial advisory platform that provides personalized and cost-effective investment solutions for users looking to engage in both local and global financial markets. By offering curated investment funds and tailored investment plans based on individual risk tolerance and financial goals, Ndovu aims to improve access to investment opportunities. The platform focuses on simplifying financial concepts for its customers, utilizing advanced technology alongside knowledgeable financial advisors to enhance the investment experience and facilitate wealth generation.
Evolve Credit Limited operates a platform designed to enhance financial accessibility and transparency for consumers in Africa. Established in 2020 and based in Lagos, Nigeria, the company enables users to compare a variety of loan products, including personal loans and business loans, based on price, interest rates, and terms. Its platform also features expert reviews and personalized recommendations, helping users select the most suitable financial options for their needs. In addition to serving individuals, Evolve Credit provides solutions for small and medium-sized enterprises, addressing a broad spectrum of lending requirements. The company's goal is to streamline the loan application process while promoting inclusivity in financial services.
Indicina Technologies Limited is a Lagos-based company that offers a digitized credit analysis platform aimed at enhancing consumer finance strategies in Africa. The platform serves a variety of financial institutions, including banks, insurers, and consumer finance companies, by providing tools for creating credit rules and models, conducting credit assessments and scoring, managing loan portfolios, and facilitating loan collections. By leveraging analytics-driven insights, Indicina helps these institutions optimize their credit decision-making processes, improve application acceptance rates, and reduce default rates, thereby contributing to the development of a robust credit infrastructure in the region.
Boost Technology provides financial B2B commerce platforms. The company provide services that create a tipping point and services that listen, learn, build, and iterate on a shared platform. Boost assists distributors in the trillion-dollar informal economy. Boost is a single, adaptable platform that allows clients to be served in numerous languages and currencies, with multiple catalogues and prices available across channels.
Releaf is a Nigerian company founded in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. It focuses on sourcing ingredients for African food factories, including cassava, palm oil, ginger, and maize, among others. Releaf aims to create climate-adaptive supply chains in response to the continent's growing population. The firm provides extension services to smallholder farmers, acting as a buyer and streamlining the conversion of raw materials into factory-grade inputs for vegetable oil production. By leveraging digital technologies such as USSD and open banking, along with proprietary machinery, Releaf collaborates with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food factories. This approach not only enhances operational efficiency for food manufacturers but also supports the economic development of small agricultural startups.
Stears is a data and intelligence company headquartered in Lagos, Abuja, and London. Founded in 2017 by a group of individuals who met at prominent institutions in the UK, Stears initially began as a media publication known as Stears Business. It has since transformed into a provider of subscription-based data collection tools and insight services designed for businesses and professionals engaged in Africa. The company aims to become the most trusted source of African data and insights, offering comprehensive coverage of finance, economics, and development. By centralizing data from various local and international sources, Stears enables its audience to access in-depth business news analysis and insights from experts across sectors such as banking, consulting, law, academia, government, and civil society.
Max is a company that offers motorcycle taxi and transport services, focusing on addressing last-mile delivery and online retail challenges in Africa. By utilizing mobile and web platforms, Max connects consumers, retail businesses, and independent drivers in real-time, effectively removing traditional logistics and technology barriers that have hindered retail growth in the region. Additionally, Max provides subscription services for electric and low-emission vehicles aimed at commercial drivers, promoting financial freedom and wealth creation through vehicle ownership. This technology-enabled platform ensures that independent drivers have access to safe, reliable, and sustainable mobility solutions.
Kobo360 is a tech-enabled digital logistics platform that aggregates end-to-end haulage operations to help cargo owners, truck owners, and drivers, and cargo recipients to achieve an efficient supply chain framework. Through an all-in-one robust logistics ecosystem, Kobo uses big data and technology to reduce logistics frictions, empowering rural farmers to earn more by reducing farm wastages and helping manufacturers of all sizes to find new markets. Kobo enables unprecedented efficiency and cost reduction in the supply chain, providing 360-visibility while delivering products of all sizes safely, on time and in full. The Kobo mission is to build the Global Logistics Operating System that will power trade and commerce across Africa and Emerging Markets. The company is also preparing to enter the agro-trading space by creating a marketplace that links farmers with buyers all over the world. The marketplace will effectively eliminate the high cost of middlemen for smallholder farmers and significantly improve profits. Ife Oyedele ll and Obi Ozor founded it in 2017 and is headquartered in Lagos, Nigeria.