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Top Tech Startups in Africa
Web3 Content Writer  Mar 5, 2023
Top Tech Startups in Africa


Africa is a continent full of opportunities, and the tech industry is no exception. Over the years, African startups have been making strides in various sectors, from fintech to healthcare, agriculture to logistics. Here are some of the top tech startups in Africa that are revolutionizing their respective industries:


1. Paystack (Nigeria): It’s a fintech startup that provides payment solutions for businesses in Nigeria and other African countries. The company has been growing rapidly since its launch in 2015, and was recently acquired by Stripe, a US-based payment processing company. Paystack has made it easy for businesses to accept online payments, and has been instrumental in promoting e-commerce in Nigeria.


2. Flutterwave (Nigeria): It’s another fintech startup based in Nigeria that has been making waves in the industry. The company provides payment infrastructure that enables businesses to make and receive payments across Africa. Flutterwave has partnered with various banks and payment platforms across the continent, making it easier for businesses to transact. It raised $250M in its single-biggest funding round in 2022 in the history of the company’s existence. The company is now valued at $3B.


3. Andela (Nigeria): It’s a tech talent accelerator that trains and connects African software developers with top companies around the world. The company has created a platform that enables African developers to work remotely with companies in the US, Canada, and Europe. Andela has been instrumental in closing the tech talent gap in Africa and providing opportunities for African developers to work on global projects.


4. ThriveAgric (Nigeria): It’s a technology driven agricultural company. Last year it secured $56.4M in debt funding from commercial banks and institutional investors in March, 2022. Also, it received a $1.75M co-investment grants from West African Trade and Investment which is funded by USAID. 


5. Twiga Foods (Kenya): Twiga Foods is a Kenyan startup that provides a platform for small-scale farmers to sell their produce directly to retailers. The company has created a supply chain system that connects farmers with retailers, eliminating the need for middlemen. Twiga Foods has been instrumental in promoting food security in Kenya and improving the livelihoods of small-scale farmers.


6. M-Kopa Solar (Kenya): It provides solar power solutions to off-grid communities in Kenya and other African countries. The company has created a pay-as-you-go system that enables households to access solar power without having to make large upfront payments. M-Kopa Solar has been instrumental in promoting access to clean energy in Africa and reducing reliance on fossil fuels.


7. Moove (Nigeria): it’s the world’s first mobility fintech, providing vehicles to drivers of ride-hailing apps, logistics and mass transportation services at a weekly rental rate. It secured $181.8M in a funding round in 2022 as its biggest ever. 


8. Zipline (Rwanda): Zipline is a Rwandan startup that provides medical drone delivery   services for blood, vaccines, and other medical supplies. The company has created a network of autonomous drones that can deliver medical supplies to remote and hard-to-reach areas. Zipline has been instrumental in improving healthcare access in Rwanda and other African countries.


9. NFTfi (South Africa): Founded in February 2020 by Stephen Young, NFTfi is a decentralised and peer-to-peer cryptocurrency loan platform where users can list their NFT collateral to get loan offers from other users. 


10. Chipper cash: is the largest mobile cross-border money transfer platform in Africa. Total seed funds is $302.2m


In conclusion, these are just a few examples of the top tech startups in Africa that are making a difference in their respective industries. African startups continue to demonstrate that innovation and entrepreneurship are thriving on the continent, and there is much to look forward to in the future.

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