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 purposes, the highest 20 founders will participate in a closing choice course of which can happen in Dakar Senegal on the 18th and nineteenth of January 2023. 

 2022 was a troublesome 12 months for the worldwide startup ecosystem. Layoffs, firm closures, and fundraising troubles have plagued founders. Regardless of this, African startups are doing nicely, having raised an estimated US$5 billion in 2022. The a number of hostile implications of the downturn can’t be overstated or ignored, and in unsure instances, a world-class accelerator associate is of utmost worth to assist founders navigate their companies. 

“All issues thought of, the African startup area is rising,” says ASIP Program Director Henry Ojuor. “We’ve seen purposes come from 56 international locations together with international locations not usually widespread as startup locations. As anticipated, we have now additionally had mature purposes from the key ecosystems. As we gear up for the FSD (Closing 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 embody the Senegalese authorities (DER/FJ), the Dutch Entrepreneurial Improvement Financial institution (FMO), AWS, Google and Firstbase, this system is powered by main pan-African tech accelerator Startupbootcamp (SBC) AfriTech. The intention is to assist the following era of early-stage African tech startups disrupting key trade verticals that embody FinTech, InsureTech, AgriTech, Local weather-tech, eCommerce, Digital Well being, and CleanTech, Mobility, Micro-leasing, and digitizing the casual financial system. 

Eleanor Azar, ASIP Director and Government Deputy of Telecel mentioned: “The scouting was very intense for this third cohort of Telecel Group ASIP; we sit 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 purposes. Good luck to all and will the perfect startups win”.  

Over the span of two Closing Choice Days, the startups in attendance can have the chance to current their pitches to high-profile company sponsors, buyers, thought leaders, and trade specialists and can have the possibility to take a seat down with mentors and sponsors alike. In the end, 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 development 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 Ladies 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 embody Addis Ababa, Casablanca, Nairobi, Abidjan, Lagos, Kampala, and Accra. The FastTracks garnered over 500 attendees made up of founders, trade 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 explanation why the Prime 20 that we’re saying at the moment is so spectacular “

These are the 20 startups that will probably be taking part in Closing 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 numerous entry channels akin 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. It is a labor-intensive course of that’s nonetheless predominantly handbook for many native corporations in rising markets.

Sodishop is a market, an internet gross sales, and buy platform, current in 4 international locations in West Africa, we ship 1000’s 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 shopper’s wants in Africa. 

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

Limawa goals to sort out the problems of meals conservation and transportation by means of solar-powered cut up air conditioners that may attain -2 °C (designed in CI by our staff). Limawa provides an revolutionary and cost-efficient various to industrial compressors for the chilly chain trade. This answer is appropriate for vans, containers, and trailers. 

Parkwell is an On-line sharing Platform that matches drivers with obtainable, protected parking areas and helps property homeowners listing their parking areas for optimum use. The digital parking platform integrates parking amenities and connects them to cell for a seamless expertise. 

Nelsa is a B2B market that simplifies the way in which companies procure recent produce in Africa. The corporate takes care of all the course of, from planning shopping for orders, ordering merchandise, and expense administration, to logistics. Additionally they use cell know-how to attach retailers with high quality, recent 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 know-how to assist bridge the digital infrastructure hole in rising markets. Their purpose is to combine a distributed structure wherein storage, computing, and networking are built-in right into a single system utilizing Edge gateway. 

Mipango Fintech Restricted helps Tanzania’s grownup mass market make sensible monetary choices and entry pre-qualified loans and monetary merchandise to assist drive monetary inclusion, monetary literacy, and cut back poverty. Their answer 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 sort out 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 numerous phases and industries.

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

Elnexu Consults is a fintech with a significant give attention to software program growth round POS Terminals, Cell Cost Purposes, Net Improvement, and so on. They deploy their POS to cell 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 by means of entry to reasonably priced power and sustainable housing options in rural Uganda. The startup builds net-zero properties utilizing recycled modular roofing tiles built-in with photo voltaic know-how for sustainable housing and clear power provision. 

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

Drivers and transport corporations can simply qualify for brand new automobile loans and automobile repairs by merely working with Moja Experience’s superior digital fare fee and reserving applied sciences. 

SafeTrack know-how permits a 75 % discount in water consumption for irrigation at 20 % of the value of its opponents. Their IoT answer of geolocation and monitoring 100 % cell, easy upkeep, and doesn’t require any IT infrastructure. Composed of revalued smartphones and sensors and different reasonably priced units, and a cloud software program platform developed internally.”

Purs is a point-of-sale installment infrastructure platform that makes use of open monetary information to feed an algorithm that provides shoppers and enterprise homeowners prompt, 3-click various financing.

Buur Logistics is a startup that, due to its certified and aggregated databases, permits logistics, mining, and business corporations to have a truck on time and profit from a personalised follow-up. The shopper locations an order by way of 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 provides a extremely correct algorithm for diagnosing chest X-Ray pathologies. Two-thirds of the world’s inhabitants of over 5 billion individuals with no entry to a radiologist and radiologic diagnostic assist instruments and Chestify’s mission is to aggressively sort out 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 personalised buying expertise. That’s the reason Wndo integrates merchandising, checkout, fee, and publicity into one seamless video expertise, which goals to rework the viewers into an interesting group.

To attend the Closing Choice Days, click on right 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 data 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 solution to the African Continent to assist younger startups whose revolutionary 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 data on the ASIP, go to www.asiprogram.com

About Telecel Group

Telecel Group operates in 4 completely different strains of enterprise all below the telecom trade: (1) Telecel Cell, owns and operates a number of cell operators in Africa and Europe; (2) Telecel World Companies, gives wholesale, enterprise, and digital safety companies to telecom operators and enterprises worldwide; (3) Telecel Play, a digital platform that’s digitizing cell customers; and (4) Africa Startup Initiative Program helps revolutionary startups in Africa and provides them funding and steerage to scale and For extra data on the Telecel Group program, go to http://telecelgroup.com 

 About Der/FJ

Der/FJ is an establishment below the authority of the Presidency of the Republic of Senegal and it was launched by President Macky Sall in 2018 with a view to assist entrepreneurs all through Senegal. This assist is given by means of each monetary and non-financial companies, with an emphasis on sectors that embody know-how 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 Improvement financial institution. As a number one influence investor, FMO helps sustainable non-public sector development in growing international locations and rising markets by investing in bold tasks and entrepreneurs. FMO believes {that a} sturdy non-public sector results in financial and social growth and has a near 50-year confirmed observe document of empowering individuals to make use of their abilities and enhance their high quality of life. FMO focuses on three sectors which have a excessive growth influence: monetary establishments, power, and agribusiness, meals & water. With a dedicated portfolio of EUR 9.3 billion spanning over 85 international locations, FMO is without doubt one of the bigger bilateral non-public sector growth banks globally. For extra data: please go to www.fmo.nl