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12 African startups to watch out for in H2 2023, according to investors

12 African startups to watch out for in H2 2023, according to investors

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#investments
#funding
African startups have been steadily making their mark in the tech ecosystem, attracting the attention of investors with their innovative solutions and disruptive potential. From fintech to healthtech, these startups have shown immense promise and are becoming increasingly sought after by venture capitalists. With funding pouring into the continent's tech scene, it's no surprise that investors are closely watching the rise of African startups.

The article highlights 12 African startups that investors are closely watching in the second half of 2023. Despite a dip in funding in the first half of the year, these startups have attracted attention for their innovative solutions and disruptive potential. Some of the startups include Brass, which offers affordable premium banking services for SMEs, Rayda, which provides business asset management infrastructure, and Tembo Plus, a digital banking app in Tanzania. Other notable startups include Ando Food disrupting the restaurant model, Terminal Africa for cross-border delivery solutions, and Lami, which revolutionizes insurance with powerful APIs. Earthbond is making waves in climate tech, while Duplo and Akiba Digital focus on B2B payments and alternative credit-scoring infrastructure, respectively. Maad is a B2B e-commerce startup in Senegal offering a one-stop shop for retailers. These startups represent the thriving tech landscape in Africa and hold significant potential for growth and impact in their respective industries.


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