Nine African startups have been selected to be part of the first-ever Startup Wise Guys SaaS Africa accelerator programme.
The programme features hands-on learning in business development, fundraising, product development, pitching, and even access to the digital marketing expertise of Aleph. Also, there is a 65K EUR cash injection, with a potential for up to 250K EUR in additional funding, and access to regional and international investors.
The program is specifically designed for early-stage digital startups from Zambia, Kenya, Uganda, Nigeria, and Ghana, who’ve already got some traction and a solid team. The nine startups were selected across the following fields: Fintech, Agritech, Edtech, Cleantech, HealthTech, and RetailTech.
The startups include:
T40 (Nigeria) – T40 helps intercity transport and logistics businesses manage their online and offline sales, payments, operations, fleet, and customers all in one place.
Zofi Cash (Uganda) – Making everyday payday through real-time payroll processing and flexible salary advance.
KIOTAPAY (Kenya) – A cloud-based property management and services platform that automates tasks and processes for property owners and creates access to goods and services for tenants.
Nigenius (Nigeria) – A smart website that provides teachers with free quality lesson plans and online teaching resources.
Dukapepe (Kenya) – Empowering small shop owners for Stronger Communities
Cylon Accounting (Namibia) – An accounting software to help small businesses in Southern Africa to manage their money like a BOSS!
FloodGates (Ghana) – Digital Identity Solutions for Africa.
FxKUDI (Ghana) – FXKudi is solving the problem of offline cross-border money transfers in West Africa by offering instant and reliable no-fee money transfers using distributed agent networks and in-app self-service transfers.
Scrapays (Nigeria) – On-demand disposal of recyclable wastes for independent businesses.
Eliud Mungai, Program Managing Director said, “It is a great privilege for me to be working closely with these multi-talented 8 teams from across Africa and in different verticals. All entrepreneurs deserve to have an accountability partner and someone that can give an independent opinion and critique their business strategy, which will be my main role”
Eliud added that he’s eager to get to know the selected teams better and help them to connect with mentors, partners, and investors from all over the world.
“I spent many years travelling to Nigeria and a number of other African countries. There was always a sense of excitement in the startup scene, and at Startup Wise Guys we have felt the growth of the African ecosystem in our European programs, with an increased number of applicants from across the continent,” said Startup Wise Guys’ Global CEO Cristobal Alonso.
SWG wants to help founders become entrepreneurs and to help them to build great international, sustainable companies. In addition, it wants to create a strong, long-lasting impact with a long-term vision and this covers also becoming a considerable player on the African continent.
