Are you looking to invest in Africa? Are you looking for the best African startups? There is no need to look any further! This blog post will give you an overview of the top 20 African startups from 2018 to the present. We'll look at the most innovative and successful startups, what they're working on, and how they got there. We will also give you an overview of the African startup landscape and the challenges that African entrepreneurs face. So, let's get this party started!
Jumia: Jumia is a Nigerian e-commerce company. Sacha Poignonnec and Jeremy Hodara founded it in 2012. We value the company at $1.1 billion.
Flutterwave: Flutterwave is a payment platform that enables African businesses to receive payments from customers all over the world. Iyinoluwa Aboyeji founded the company in 2016 and it has a $1 billion net worth.
Andela: Andela is a talent accelerator that connects African developers with top tech companies around the world. Jeremy Johnson, Christina Sass, and Ian Carnevale founded the company in 2014. They estimated the net worth of Andela to be around $700 million.
Paystack: Paystack is a payment platform that allows Nigerian businesses to accept payments online. Shola Akinlade founded the company in 2015, and it has a net worth of $200 million.
Carbon: Carbon, formerly Paylater, is a digital financial services company in Nigeria that offers loans, investments, and payment solutions to individuals and small businesses. Chijioke Dozie founded the company in 2016 and has a net worth of $100 million.
Kobo360: Kobo360 is a logistics platform that connects truck drivers with businesses that require the transportation of goods across Africa. Obi Ozor and Ife Oyedele II founded the company in 2017 and have a net worth of $70 million.
Twiga Foods: Twiga Foods is a Kenyan B2B platform that connects farmers and retailers. Grant Brooke and Peter Njonjo founded the company in 2014, and it has a net worth of $50 million.
SafeBoda: SafeBoda is a ride-hailing platform in Uganda and Kenya that provides safe and dependable transportation services. Ricky Rapa Thompson and Maxime Dieudonne founded the company in 2015, and it has a net worth of $40 million.
Lori Systems: Lori Systems is an East African logistics platform that connects cargo owners with truck drivers. Josh Sandler founded the company in 2016 and has a net worth of $30 million.
M-Kopa Solar: M-Kopa Solar provides affordable solar-powered energy solutions to East African households. Nick Hughes founded the company in 2011 and has a net worth of $20 million.
Cellulant: Cellulant is a Kenyan fintech firm that offers mobile payments and digital content services. Ken Njoroge and Bolaji Akinboro founded it in 2004 and it has a net worth of $100 million.
Farmcrowdy: Farmcrowdy is a Nigerian agricultural technology company that connects small-scale farmers with investors who fund their farming operations. Onyeka Akumah founded the company in 2016 and has a net worth of $9 million.
PiggyVest: PiggyVest is a Nigerian fintech company that assists individuals in saving and investing their money. Odunayo Eweniyi, Joshua Chibueze, and Somto Ifezue founded the company in 2016 and have a net worth of $20 million.
LifeBank: LifeBank is a Nigerian healthtech firm that supplies medical supplies to hospitals and clinics. Temie Giwa-Tubosun founded the company in 2016 and has a net worth of $30 million.
SweepSouth: SweepSouth is an on-demand cleaning services platform in South Africa that connects cleaners with clients. Aisha Pandor and Alen Ribic founded the company in 2014, and it has a net worth of $10 million.
Sokowatch: Sokowatch is a Kenyan B2B platform that connects small retailers with consumer goods suppliers. Daniel Yu founded the company in 2016 and has a net worth of $4 million. Keller Rinaudo founded the company in 2014, and it has a net worth of $1.2 billion.
Sendy: Sendy is a Kenyan delivery platform that connects businesses with dependable delivery drivers. Meshack Alloys and Evanson Biwott founded the company in 2014, and it has a net worth of $10 million.
Copia Global: Copia Global is a Kenyan e-commerce platform that allows customers to order goods and have them delivered to their door. Tim Steel founded the company in 2013 and has a net worth of $5 million.
Tizeti: Tizeti is a Nigerian internet service provider that offers low-cost, dependable internet access to homes and businesses. Kendall Ananyi founded the company in 2012, and it has a net worth of $3 million.
You can reach out to any of these startups through their websites or social media pages. Many of these startups also have customer service teams that phone or email can contact. If you want to invest in any of these companies, you can contact their investor relations teams.
Finally, there are many promising African startups that are having a positive impact on the continent. The African startup sector has seen tremendous growth and development in the last two years, from FinTech solutions to e-commerce and other innovative solutions. The startups listed above are just a few of the many that have made and continue to make significant contributions to the African economy. These startups, with the right resources and support, have the potential to bring ongoing innovation and opportunities to the African continent.
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