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12 African Ventures to Showcase Investment Opportunities at Africa Tech Summit London

Waya Pay is among the 12 African Tech Ventures to showcase investment opportunities at the 2023 African Tech Summit London. IMAGE: Waya

Waya Pay is among the 12 African Tech Ventures to showcase investment opportunities at the 2023 African Tech Summit London. IMAGE: Waya

Africa Tech Summit (ATS) London has today announced 12 African tech ventures that will showcase investment opportunities to investors, and corporates — and gain insights from industry experts at the forthcoming Africa Tech Summit London at the London Stock Exchange on June 23, 2023.

The Africa Tech Summit London Investment Showcase will feature innovative ventures from Egypt, Kenya, Nigeria, South Africa, Tanzania, and Zambia. The ventures are seeking to raise between USD$1 million to USD$15 million in funding across a range of sectors from investors and will feature;

Andrew Fassnidge, Managing Director of Africa Tech Summit in a press statement said, “Tech funding has slowed dramatically this year across the African tech ecosystem, so we are delighted to connect and showcase these leading ventures to international investors through this year’s investment showcase at London Stock Exchange.”

The 12 ventures selected out of the hundreds of submissions met the criteria — which (1) had to be African; have at least one African co-founder & be headquartered in Africa, (2), had to have a product/service available in the market generating revenue or an MVP with existing traction, and (3) had a product/service that is innovative and designed for scale.

The ventures are:

  1. Astravest (Nigeria): is an investment platform that gives people access to investments in commodities, fixed income, real estate, and the information they need to trade. They help users grow stable incomes with less volatility.
  2. Famasi Africa (Nigeria): is a digital health platform that helps people access their medications, schedule doorstep deliveries, automate monthly refills, and connect with healthcare specialists. Famasi ensures a continuous supply of medication for people with chronic illnesses.
  3. Safiri App (Tanzania): is revolutionizing the transportation industry by automating operational activities for bus operators to increase their revenues.
  4. Knabu (United Kingdom): is securing transaction settlements for African fintech and banks, enabling efficient trade and transactions.
  5. Creditchek (Nigeria): is helping lenders mitigate credit risks by verifying the creditworthiness of potential African consumers.
  6. Waya (Kenya): is digitizing banking for underserved and unbanked Africans and immigrants in the USA by bridging the gaps present in conventional banks.
  7. PremierCredit (Zambia): is a micro-lending platform that connects investors to borrowers, creating affordable financial options for Micro, Small, and Medium Sized Enterprises (MSMEs) in Africa.
  8. Pivo Technology Inc. (Nigeria): is building financial solutions designed to meet the needs of SMEs in Africa’s supply chain and logistics sectors.
  9. eBiashara Africa (Kenya): is a technology solution provider that helps businesses design, develop, and deploy innovative products across fields.
  10. Zeal (Egypt): is a mobile payment and loyalty startup leveraging Artificial Intelligence (AI) to provide merchants with data, analytics, and tools to predict consumer behavior.
  11. Profitshare Partners (South Africa): is disrupting traditional finance models by creating access to finance for SMEs without credit history or track record.
  12. Quantum Analytics Limited (Nigeria): is a training platform that helps Africans and people of color up-skill and transition into tech careers and explore global opportunities.

Africa Tech Summit London is the 15th live summit from the Africa Tech Summit (ATS) and brings together tech leaders, mobile network operators (MNOs), banks, international investors, entrepreneurs, governments, trade bodies, media, and leading ventures to drive investment and business in African tech.

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