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Cape Town, July 12, 2018 – Startupbootcamp (SBC) AfriTech announced today the Top 10 African Innovators selected to participate in the internationally recognized multi-enterprise accelerator program for 2018.
Poster an intensive 3-month global scout The SBC AfriTech team has received 1,004 applications from 73 countries in total, attracting twice the applications of its inaugural launch in 2017.
Applications were shortlisted among the 22 first start-up teams that have been deployed to present their activities over a two-day period to some of the most progressive leaders in Africa's innovation sector, including sponsors, mentors and investors.
The SBC AfriTech program (formerly SBC Africa) reached a record high in 2017 with 32 pilot business agreements and proofs of concepts signed by the closing of the accelerator.
"Our inaugural year was great, it was daring," commented Zachariah George, co-founder and Chief Investment Officer of SBC AfriTech. "Our phenomenal success of last year has made us the only truly global accelerator for technology companies in partnership with dynamic companies on the African continent – we are accelerating the next wave of innovation in Africa." [19659002] The 10 best African innovators selected are:
Akiba Digital, South Africa: A financial savings platform and a personal AI coach, machine learning and gamification to democratize wealth in Africa [19659002] Bankly Technologies, Nigeria: A goal-based savings product that scans money and enables national peer-to-peer transfer services through vouchers available throughout the country.
Brandbook Analytics, South Africa: A mobile application offering users free gift card coupons for completed purchases with the ability to harvest large amounts of consumer-enhancing data from the forecast and the badysis.
CredPal, Nigeria: An innovative, in-depth solution that provides individuals with instant access to point-of-credit credit for various online and offline merchants.
Digitech Group, Ivory Coast: Provides insurance companies with an omni-channel and cloud-based digital platform for selling insurance products via mobile and the web.
Inclusive Financial Technologies, Ghana: The FT Inclusive API helps digital financial services reach most remote clients across Africa by allowing them to ship, check and monitor them via digital channels.
Kudimoney Bank, Nigeria: An online, comprehensive and toll-free bank, making banking services more affordable and accessible by offering a free-of-charge expense account, a savings account with discounted rates, and more. Interest above average and access to instant loans at low interest rates.
Lüla, South Africa: Mobility Platform as a service that connects stakeholders to improve mobility by providing a convenient, accessible and secure means of transportation for operators, cities and pbadengers to easily access to transport.
MPost, Kenya: A patented solution providing legally recognized physical addresses to the 95% of the African population who do not have a mailing address.
Prospa, South Africa: A micro-savings solution for low-income African countries, allowing users to buy savings bonds at merchants that allow the user to earn a certain amount of savings that is deposited in a mobi-savings account.
The 10 selected technology startups have a month to prepare for the 3-month accelerator The kickoff will take place on August 13th in Cape Town and end with the demonstration day on November 8th. [10] At the top 10, Philip Kiracofe says, "You are here because your solution is ready for the market and the sponsors want to work with you from today on." The next 3 months are going to be absolutely exhilarating, we will be here side by side, shoulder to shoulder, pushing, cuddling, encouraging, feeding, coaching and helping you to grow 12 to 18 months over a period of three months. from the demo, you will not believe that 3 months ago you were where you are today Congratulations and good luck. "
SBC AfriTech is anchored and approved by corporate heavyweight sponsors RCS, BNP Paribas Personal Finance, Old Mutual, Nedbank and PwC. The program also includes local service partners such as Brevity Law, Cloudworx, Inner City Ideas Cartel and The Loudhailer. It is supported by Google Cloud, Cisco and Amazon Web Services.
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