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AWS Women's Demo Day: Empowering Female Founders in the Tech Ecosystem

Oluwadamilola Elizabeth

A certified content writer and social media manager. I help companies, brands and business owners create engaging Content for their target audience. Content writer at Wazoplus  Nov 17, 2023
AWS Women's Demo Day: Empowering Female Founders in the Tech Ecosystem

In a compelling Fireside Chat during the AWS Women's Demo Day in Lagos, AWS Startups Leader, Napa Onwusah, engaged in a conversation with Eunice Ajim, CEO/Founder of Ajim Capital to shed light on the importance of empowering female founders in the tech ecosystem. Napa, a Nigerian at the helm of AWS startups in Africa for the past year, introduced herself and outlined AWS's pivotal role in cloud computing. With a strategic focus on startups, Napa emphasized her commitment to a five-point agenda, with a significant dedication to enabling female founders and fostering diversity within the tech ecosystem.


During the Fireside chat, Napa unveiled the inspiration driving AWS's commitment to supporting female founders, citing the enhanced performance, transparency, and traction associated with women-led startups. According to her “women led startups usually perform better, they have better transparency, better traction”. She underscored the positive impact of diversity on board performance and outlined AWS's strategic use of its global presence to empower female entrepreneurs and thereby creating opportunities for their success. 


The event's primary objectives included fostering connections between female founders and venture capitalists, providing visibility to startups through pitching, and ultimately enhancing diversity in the startup landscape.


The conversation delved into the valuable support AWS offers to startups, particularly through the Activate program and AWS credits. Napa stressed the importance of deploying capital intelligently, and AWS credit will allow startups to grow without heavy initial investments in infrastructure. AWS not only provides credits but also facilitates access to a range of resources, including tech lead accelerators, connections to VCs, and partnerships.


Looking ahead, Napa expressed her vision for the Women's Demo Day, aspiring to see double-digit investments in the future and a thriving global initiative. The goal is to make female founders feel supported and ensure they don't face insurmountable challenges in securing funding. The intention is to foster success stories that can contribute valuable expertise back to the startup ecosystem.


Strategies for encouraging female founders to step forward were also highlighted. Intentionally reaching out to female founders and being proactive in inviting them to events emerged as a crucial step. Napa stressed the significance of VCs actively seeking out female founders, encouraging more representation within VC firms, and setting aggressive targets to move the needle towards gender diversity.


The conversation concluded with insights into the technical support available from AWS. Napa introduced the AWS Startup Loft, where founders can book sessions with solution architects and other professionals without incurring costs. Additionally, she mentioned the importance of data-driven decision-making to ensure accountability in supporting female founders.


An additional point that surfaced during the discussion is the focus on bias recognition in pitching. Napa shared information about an upcoming program by AWS called the LB program, designed to help founders, especially female founders, recognize biases during pitching. The program aims to address challenging questions that founders often face during pitch sessions and provides strategies on how to respond effectively.


In essence, the Fireside Chat between Napa Onwusah and Eunice Ajim at the AWS Women's Demo Day provided valuable insights into the significance of empowering female founders. AWS's commitment to fostering diversity and supporting startups was evident throughout the conversation, underscoring the importance of creating a more inclusive and successful startup ecosystem.

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3. AgriPredict 

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4. Apollo Agriculture 

This is a startup from Nairobi, Kenya, that wants to help small farmers in rural Africa succeed. They offer a package of services to farmers to help them improve their farms and make more money. This package includes things like getting loans, getting seeds and fertilizers, getting advice tailored to their farm, getting insurance, and finding markets to sell their crops.

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5. Aerobotics

This a startup from Cape Town, South Africa, is making a big impact on agriculture and forestry in Africa. They use high-tech methods like aerial imagery and data analysis to make farming and forestry better. By using drones and smart computer programs, Aerobotics helps farmers and foresters take care of their plants more effectively.

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6. Livestock Wealth

This a startup from Johannesburg, South Africa, is changing how the livestock industry works. They're introducing a new idea called crowd-farming, which lets people invest in livestock without actually owning or managing the animals themselves.

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7. Nambu 

This is a startup from Grahamstown that's using innovative methods for eco-friendly animal feed. They use Black Soldier Fly larvae, also known as BSFL, to turn food waste into nutritious feed for animals like pigs, fish, and chickens. Here's how it works: They feed food and organic waste to the BSFL larvae. Once the larvae are separated from their food, Nambu can sell them directly to local farmers. They also have the option to process the larvae into dried form or meals for the wider feed industry.

By using food waste for insect rearing, Nambu is promoting nutrient recycling and reducing the environmental impact of waste. This helps support regenerative farming practices and creates a more sustainable food system. Nambu's goal is to increase the production of insect protein to make our food system more resilient and sustainable.


8. Thrive Agric

This is a startup from Nigeria that's all about helping farmers connect with finance, top-notch markets, and data. They use technology and business savvy to make sure everyone can play a part in farming and ensure there's enough food for everyone.

Here's how it works: Thrive Agric gets money from big investors, and then they use that money to help farmers. They provide farmers with good-quality materials, expert advice, automated processes, and machinery to help them grow crops better. At the end of each farming cycle, both the investors and the farmers get decent returns on their investment. Thrive Agric offers investment opportunities that not only make a profit but also have a big impact on farming. Their vision is to make Africa a leader in feeding both itself and the world, one farmer at a time. They aim to achieve this by giving African farmers easier access to money and financial services, so they can thrive in their work.


9. Hello Tractor

This is a startup from Nairobi, Kenya, that's making it easier for smallholder farmers in Africa to access farming machinery, especially tractors. They connect farmers who need tractors with owners who are willing to lease out their equipment. Access to tractors is a big challenge for many small farmers in Africa, but Hello Tractor is helping them solve this problem. Their app works like Uber but for tractors, matching farmers who need tractors with owners who have them available for lease.

Here's how it works: Hello Tractor has a digital marketplace where tractor owners can list their equipment for lease, and farmers can search for tractors they need. Farmers can register on the platform, make pre-payments, and request a tractor lease for a specific date in advance. By providing access to industry experts and infrastructure, Hello Tractor helps farmers simplify their operations, improve productivity, and grow their businesses. They're empowering farmers to diversify and scale up their operations by giving them access to the machinery they need


10. Complete Farmer

This is a startup from Ghana that acts as a crowd-farming platform, allowing people to invest in sustainable farms across Africa. Customers can become "crowd farmers" by investing in these farms and monitor their progress remotely.

They also provide valuable data and information on how to achieve healthy yields and the best farming practices, using a data-driven approach to improve farming scientifically. The startup aims to be a comprehensive platform for everyone involved in the agricultural value chain, including food growers, buyers, and enthusiasts. Their vision is to create a world where everyone can come together to eat by collaborating and working together.


11. iProcure

This is a startup from Kenya focused on improving the agricultural supply chain in Africa. They have developed a digital infrastructure that offers business intelligence and data-driven stock management for small-scale farmers. This helps farmers access markets more easily and avoid losses after harvesting due to supply chain problems.

Farmers can purchase all the supplies they need through mobile vouchers on the platform. Additionally, the platform allows users to manage their inventory and point-of-sale activities. iProcure ensures complete visibility throughout the supply chain, offering alternative distribution channels to ensure products reach consumers without any issues. They provide value to both manufacturers and consumers by offering real-time business intelligence and alternative distribution channels. Their strategically located storage facilities ensure wide access to rural consumers, and predictive algorithms prevent shortages of essential commodities.


12. BioBuu

This a startup from the Coast Region of Tanzania, is dedicated to helping farmers grow healthier and safer crops while reducing waste and dependence on harmful chemicals. They offer organic-based alternatives that are safe, affordable, and sustainable for farmers.

One of BioBuu's innovative practices is a recycling system that uses black soldier flies to transform food and organic waste into high-protein feeds for fish and chickens, as well as compost for plants. They then distribute these products to farmers across the country, promoting sustainable agriculture by turning organic waste into inputs for producing healthier crops. In addition to improving crop health, BioBuu also addresses organic waste management issues and indirectly contributes to reducing methane emissions, making a positive impact on the environment.


13. Victory Farms

This is a startup from Kenya, is transforming white meat production in East Africa. As one of the largest fish farms in the region, the company is using technology to accelerate its growth while delivering top-quality products to customers.

Victory Farms runs a fully-integrated platform that manages every step of the production process, from farming to processing, sales, and distribution. They also have an efficient cold-chain system in place to ensure that their products reach customers and off-takers in perfect condition.

14. Agriprotein

This is a startup from South Africa that deals with organic waste in a smart way. Every day, they take 100 tonnes of organic waste that would normally go to landfills and turn it into something useful. They produce over 2,000 tonnes of a product called MagMeal every year.

Here's how they do it: They use insects and technology to change the organic waste into valuable stuff. This includes alternative protein for animal feed, natural oil for more animal feed, and a soil enhancer. First, they collect the waste from landfills and process it into a paste. Then, they put black soldier flies in special cages where they can lay eggs on the paste. When the eggs hatch, the larvae eat the organic waste and grow. As they get bigger, they turn the waste into protein. After some final processing, they get MagMeal, which is a natural animal feed with 55% protein. This feed is sold to fish farms to help them raise healthy fish.


Conclusion 

The agriculture industry is evolving into the next high-tech sector, and agritech solutions will be essential in addressing the challenges posed by climate change. As demonstrated by the diverse range of agritech startups highlighted above, from sustainable animal health food production to vertical farming and automation, there is immense potential for innovation in this field.

With the growing importance of addressing environmental concerns and improving food production efficiency, we anticipate a significant inflow of venture capital into the agritech industry in the coming years. This investment will drive further innovation and propel the sector forward, ultimately contributing to a more sustainable and technologically advanced agricultural landscape.


Stay tuned for more insights on the ecosystem by following me here on Wazoplus and also on LinkedIn via this link

https://www.linkedin.com/in/favour-rukeme-seven-b53b93293


Favour Rukeme Seven

Mar 24, 2024
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