MON, AUGUST 14 2023-theGBJournal |VC4A, the leading startup platform in emerging markets have selected four growth stage startups from Nigeria to participate in the 2023 VC4A Venture Showcase Africa.
They are among the 12 growth stage startups selected to showcase Africa at the annual flagship program which brings together the best and brightest startups from across the continent, giving them the opportunity to pitch their ideas to investors and industry experts with the objective of raising their Seed or Series A funding rounds.
The four Nigerian growth stage startup are namely- Vendy, which helps businesses accept payments from customers without internet access, Treepz, a car-sharing platform for Africa that aims to reduce CO2 emissions, Winich Farms, an application that connects food producers to informal food processors and retailers in Africa and OmniRetail, a B2B e-commerce platform offering supplier & retail software, to connect the informal retail ecosystem across Africa.
The list also include three startups from Egypt, three from Kenya and one each from Uganda and Senegal.
The three ventures from Egypt are Rology, an AI-assisted tele-radiology platform that helps deliver accurate radiology reports on time; FreshSource, a B2B agri-supply chain platform that uses data and technology to connect producers to businesses, guarantee fair prices, and minimize food loss; and Pharmacy Marts, a B2B marketplace for pharmacies that provides a one-stop shop for products, financing, and logistics.
The three startups from Kenya are Duhqa, a digital supply chain platform that uses AI and automation to help SMEs and manufacturers grow their businesses; MPost which is a digital platform that turns mobile phone numbers into formal postal addresses, and SympliFi , a blockchain-powered credit-as-a-service platform that provides affordable credit to MSMEs in Africa.
To close the top 12 list, one startup each from Uganda and Senegal; Emata is a digital lending platform on a mission to provide loans to millions of farmers in East Africa and Maad, is an e-commerce marketplace connecting manufacturers and retailers in Francophone Africa.
These high-growth ventures were chosen from a pool of hundreds of applicants, and represent a diverse range of industries and sectors in the Seed and Series A tracks. Each startup will receive mentorship, technical assistance and will have the opportunity to showcase their companies to an audience of investors and industry leaders in the VC4A Deal Room.
“We are thrilled to unveil these exceptional startups for our upcoming VC4A Venture Showcase Africa 2023 program. Each is a beacon of innovation and entrepreneurship. These visionary teams have demonstrated remarkable potential and we eagerly anticipate the transformative journey ahead as we accelerate their growth and shape the future together,” said an excited Abu Cassim, Lead of the Acceleration Team at VC4A.
The organizers thanked the 2023 Africa sponsors, the African European Digital Innovation Bridge Network AEDIB|NET and Work in Progress! Alliance, for their commitment to strengthening Africa’s startup ecosystem.
Their support was essential to the success of this cohort selection process.
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