The 20 Startups Competing for 10 slots in ASIP Accelerator Introduced

The Africa Startup Initiative Program (ASIP) Accelerator Program powered by Startupbootcamp AfriTech has chosen 20 of essentially the most disruptive African tech startups who’re contenders for the third installment of their prolific Accelerator program. After narrowing the pool from 2000 functions, the highest 20 founders will participate in a remaining choice course of which can happen in Dakar Senegal on the 18th and nineteenth of January 2023. 

 2022 was a tricky yr for the worldwide startup ecosystem. Layoffs, firm closures, and fundraising troubles have plagued founders. Regardless of this, African startups are doing effectively, having raised an estimated US$5 billion in 2022. The a number of antagonistic implications of the downturn can’t be overstated or ignored, and in unsure instances, a world-class accelerator companion is of utmost worth to assist founders navigate their companies. 

“All issues thought-about, the African startup house is rising,” says ASIP Program Director Henry Ojuor. “We’ve seen functions come from 56 nations together with nations not usually well-liked as startup locations. As anticipated, we’ve got additionally had mature functions from the key ecosystems. As we gear up for the FSD (Remaining Choice Days), I really feel proud and assured that these startups chosen from a pool of just about 2000 candidates, would all be a shining gentle to the way forward for the African Tech ecosystem.”

Based by Telecel Group, The ASIP Accelerator has proved to be an efficient medium to help founders. Backed by companions that embrace the Senegalese authorities (DER/FJ), the Dutch Entrepreneurial Development Bank (FMO), AWS, Google and Firstbase, this system is powered by main pan-African tech accelerator Startupbootcamp (SBC) AfriTech. The purpose is to assist the following technology of early-stage African tech startups disrupting key business verticals that embrace FinTech, InsureTech, AgriTech, Local weather-tech, eCommerce, Digital Well being, and CleanTech, Mobility, Micro-leasing, and digitizing the casual economic system. 

Eleanor Azar, ASIP Director and Govt Deputy of Telecel stated: “The scouting was very intense for this third cohort of Telecel Group ASIP; we stay up for seeing the highest 20 in Dakar and I wish to inform them, that it’s by no imply a small feat to have been chosen out of over 2000 functions. Good luck to all and will the most effective startups win”.  

Over the span of two Remaining Choice Days, the startups in attendance may have the chance to current their pitches to high-profile company sponsors, buyers, thought leaders, and business specialists and may have the possibility to take a seat down with mentors and sponsors alike. Finally, 10 startups will be part of cohort 3 of the ASIP Accelerator and showcase their progress at a Demo Day, which occurs on Africa Day in Dakar.

Individuals will obtain an intensive three-month teaching and assist program to speed up their progress and advantages value US$750 000. This system will happen in Dakar, Senegal and startups will probably be hosted by DER/FJ on the D-hub, – an area commissioned by the Common Delegation for the Speedy Entrepreneurship of Girls and Youth (DER/FJ) and established by the President of the Republic of Senegal, His Excellency Macky Sall. 

The scouting for this cohort noticed the staff go to cities that embrace Addis Ababa, Casablanca, Nairobi, Abidjan, Lagos, Kampala, and Accra. The FastTracks garnered over 500 attendees made up of founders, business specialists and ecosystem supporters.

“Whereas scouting, we met and added worth to founders from all phases,” says Ojour. “65% of the startups within the startup stage had a 40% feminine founder make-up. This make-up is the rationale why the High 20 that we’re saying as we speak is so spectacular “

These are the 20 startups that will probably be collaborating in Remaining Choice Days:

Kyanda Africa is a revolutionary fintech platform that gives companies and people with handy and dependable cash switch options. The startup has a community of brokers, API gateway, and varied entry channels comparable to USSD, Cell App & Whatsapp Chatbots making the companies customizable depending on the customers’ wants 

PharmaServ is a SaaS product, which automates the method of gross sales orders, monitoring gross sales staff efficiency, and reconciling incoming buy orders, funds, and invoices for well being manufacturers. This can be a labor-intensive course of that’s nonetheless predominantly guide for many native firms in rising markets.

Sodishop is a market, a web-based gross sales, and buy platform, current in 4 nations in West Africa, we ship hundreds of orders monthly throughout Mali, Senegal, Guinea, and Côte d’Ivoire.

Lebalma is a Fintech start-up that lends widespread merchandise to professionals and companies and goals to make gross sales on credit score a enterprise alternative and an applicable technique of assembly the client’s wants in Africa. 

BD Waste is a GreenTech startup that mixes fintech and sustainability to recuperate Plastic waste from communities. Their Digicycle product permits clients to instantly deposit plastic waste into their digital wallets and obtain credit score for it. This credit score can be utilized to buy knowledge packages, airtime, meals objects, stationery, and medical health insurance. 

Limawa goals to deal with the problems of meals conservation and transportation via solar-powered cut up air conditioners that may attain -2 °C (designed in CI by our staff). Limawa gives an progressive and cost-efficient various to industrial compressors for the chilly chain business. This resolution is appropriate for vans, containers, and trailers. 

Parkwell is an On-line sharing Platform that matches drivers with out there, protected parking areas and helps property house owners checklist their parking areas for optimum use. The digital parking platform integrates parking services and connects them to cellular for a seamless expertise. 

Nelsa is a B2B market that simplifies the best way companies procure contemporary produce in Africa. The corporate takes care of the whole course of, from planning shopping for orders, ordering merchandise, and expense administration, to logistics. In addition they use cellular expertise to attach retailers with high quality, contemporary produce direct from farmers and small producers.

Ared Group is an infrastructure-as-a-service firm that’s constructing an AI-powered hyper-converged distributed storage and computing infrastructure utilizing edge expertise to assist bridge the digital infrastructure hole in rising markets. Their aim is to combine a distributed structure during which storage, computing, and networking are built-in right into a single system utilizing Edge gateway. 

Mipango Fintech Limited helps Tanzania’s grownup mass market make good monetary selections and entry pre-qualified loans and monetary merchandise to assist drive monetary inclusion, monetary literacy, and scale back poverty. Their resolution is a private finance, robo advisory app, and credit score scoring app for the unbanked. 

Guanxi Investments develops applied sciences to advertise monetary inclusion and deal with the issue of restricted entry to financing for entrepreneurs in Africa. Guanxi has pioneered a brand new financing mannequin connecting the dots between entrepreneurs and buyers in Africa throughout varied phases and industries.

Jand2Gidi gives ‘Logistics As A Service’ to B2B and B2B2C clients whose customers are engaged in cross-border commerce. They’ve constructed delivery APIs to offer the identical hassle-free, clear, and trackable delivery companies to their B2B retailers to allow them to develop quicker. After almost a decade of constructing sturdy, cutting-edge freight forwarding and last-mile supply companies 

Elnexu Consults is a fintech with a serious concentrate on software program improvement round POS Terminals, Cell Fee Functions, Internet Growth, and many others. They deploy their POS to cellular Brokers who interact in Monetary inclusion companies like withdrawals, transfers, invoice funds, and different value-added companies.

Biha Eco Energies seeks to revolutionize the housing sector in Africa via entry to inexpensive power and sustainable housing options in rural Uganda. The startup builds net-zero properties utilizing recycled modular roofing tiles built-in with photo voltaic expertise for sustainable housing and clear power provision. 

Moja Ride has made its mission to allow higher and cleaner mobility companies to African cities by making financing straightforward and accessible for all transportation professionals. 

Drivers and transport firms can simply qualify for brand spanking new automotive loans and automotive repairs by merely working with Moja Experience’s superior digital fare cost and reserving applied sciences. 

SafeTrack expertise permits a 75 % discount in water consumption for irrigation at 20 % of the worth of its opponents. Their IoT resolution of geolocation and monitoring 100 % cellular, easy upkeep, and doesn’t require any IT infrastructure. Composed of revalued smartphones and sensors and different inexpensive gadgets, and a cloud software program platform developed internally.”

Purs is a point-of-sale installment infrastructure platform that makes use of open monetary knowledge to feed an algorithm that offers shoppers and enterprise house owners instantaneous, 3-click various financing.

Buur Logistics is a startup that, due to its certified and aggregated databases, permits logistics, mining, and business firms to have a truck on time and profit from a personalised follow-up. The client locations an order through the Buur Logistics platform, by e-mail or telephone name our operator checks the databases for vans that may do the job, negotiates and assigns the route and the service leaves with a supervisor from the Buur Logistics staff, all inside 45 minutes

 

Chestify AI Labs gives an AI platform that offers a extremely correct algorithm for diagnosing chest X-Ray pathologies. Two-thirds of the world’s inhabitants of over 5 billion folks with no entry to a radiologist and radiologic diagnostic assist instruments and Chestify’s mission is to aggressively deal with the socio-economic and well being misery created by insufficient radiology Infrastructure and the presence of fewer radiologists in Africa.

WNDO is a complete video social commerce platform, providing each sellers and consumers an equally extremely immersive, interactive, and customized procuring expertise. That’s the reason Wndo integrates merchandising, checkout, cost, and publicity into one seamless video expertise, which goals to remodel the viewers into an attractive group.

To attend the Remaining Choice Days, click on here

About Startupbootcamp AfriTech

Startupbootcamp AfriTech was launched in 2017 as the primary multi-corporate-backed pan-African startup accelerator. We run world-class accelerator packages, working with a few of the most disruptive startups on the continent. We offer entry to our world community of company companions, buyers, and mentors. For extra info go to: http://bit.ly/sbcafritech

About Africa Startup Initiative

ASIP is a program based by Moh Damush, Telecel Group CEO as a CSR exercise. ASI Program contributes in a significant method to the African Continent to assist younger startups whose progressive concepts are making a distinction of their communities, exposing them to worldwide organizations, and bridging the information and experience to permit them to draw companions that may add worth to their startups. For extra info on the ASIP, go to www.asiprogram.com

About Telecel Group

Telecel Group operates in 4 completely different traces of enterprise all underneath the telecom business: (1) Telecel Cell, owns and operates a number of cellular operators in Africa and Europe; (2) Telecel International Providers, gives wholesale, enterprise, and digital safety companies to telecom operators and enterprises worldwide; (3) Telecel Play, a digital platform that’s digitizing cellular customers; and (4) Africa Startup Initiative Program helps progressive startups in Africa and gives them funding and steerage to scale and For extra info on the Telecel Group program, go to http://telecelgroup.com 

 About Der/FJ

Der/FJ is an establishment underneath the authority of the Presidency of the Republic of Senegal and it was launched by President Macky Sall in 2018 with a purpose to assist entrepreneurs all through Senegal. This assist is given via each monetary and non-financial companies, with an emphasis on sectors that embrace expertise and innovation, therefore the creation of the D-hub incubator. For extra details about DER/FJ go to https://der.sn/

 

 About FMO

FMO is the Dutch Entrepreneurial Growth financial institution. As a number one impression investor, FMO helps sustainable personal sector progress in creating nations and rising markets by investing in formidable initiatives and entrepreneurs. FMO believes {that a} sturdy personal sector results in financial and social improvement and has a near 50-year confirmed monitor file of empowering folks to make use of their expertise and enhance their high quality of life. FMO focuses on three sectors which have a excessive improvement impression: monetary establishments, power, and agribusiness, meals & water. With a dedicated portfolio of EUR 9.3 billion spanning over 85 nations, FMO is likely one of the bigger bilateral personal sector improvement banks globally. For extra info: please go to www.fmo.nl