What are the top ten startups in Africa? What services do they provide despite the economic and business challenges? Here is the list!
Best 10 startups in Africa
Although most people think Africa is not suitable for starting and running a business, this is a concept because some countries, such as South Africa, Nigeria, Egypt, Kenya, Morocco, Senegal, Ghana, and Cameroon, have top-performing startup companies. Today’s article will list the top ten startups in Africa.
Meerkat is a fintech startup in South Africa. It operates in debt collection, insurance, and financial services. Meerkat claims to work to improve its customers’ lives through financial wellbeing services. The company offers comprehensive insurance policies that users can easily purchase from their cell phones.
StokFella is another African fintech startup. It operates in the financial services sector and deserves attention in 2022. The company aims to enable all Africans to achieve financial freedom through StokBell. In addition, the company allows users to manage their StokBell Clubbook digitally.
3. Lipa Payments
Contactless payments are a growing payment method chosen by many shoppers for their speed and ease of use. Lipa Payments enables businesses to accept contactless payments without needing additional hardware. Lipa Payments is a startup company to watch in 2022.
Instabug provides application developers with tools to detect software defects. Customers include PayPal, Yahoo, Soundcloud, Souq, etc. Moataz Soliman and Omar Gabr met while studying at Cairo University and shared an enthusiasm for software development. Today, the company has raised more than 17 million dollars in funding.
Homzmart is an e-commerce platform selling home interiors, home furnishings, and home lighting through a visualized community Founded by Ibrahim Mohammed and Mahmood Ibrahim at the end of 2019. Currently, the platform offers over 55,000 products from thousands of brands and sellers in Egypt.
Trella is a digital platform connecting truckers and freight forwarders. Over the past few years, Trella has solidified its position as Egypt’s most prominent trucking market. Founded in 2018 by four friends, Ali El Atrash, Omar Hagrass, Pierre Saad, Mohammad El Gharem, and Trella now has Maersk, Coca-Cola, Inc., Henkel, Orascom, and more than 15,000 carrier partners, and 370 shipper partners.
Flextock was founded in September 2020 by Enas Siam and Mohamed Mossaad. The company enables online businesses of all sizes to outsource their logistics needs, including warehousing, shipping, distribution, and pickup.
Maviance is a technology consultancy and digital financial services provider that provides value-added services and industry-specific mobile and web solutions to utilities, telecom operators, corporations, financial institutions, and government agencies. It has raised millions of dollars in funding due to its premium-quality services.
Ejara is a platform that allows people in French-speaking Africa and its diaspora to access various available investment offers, including fractional shares, cryptocurrencies, etc. Ejara is a platform that helps people in Africa and its diaspora access various investment offers, including cryptocurrencies, fractional shares, etc.
10. Infiuss Health
Infiuss Health offers remote access to patients and clinical trial participants across Africa. The company provides a web-based technology platform that makes it easy to contact patients directly and recruit suitable participants for a research study.
While Africa experiences challenges in streamlining the business environment, many companies have made substantial efforts to optimize the processes and provide state-of-the-art services throughout the continent. Until Next Time!
- Article based on personal opinion, experience and research.
- Photos from Unsplash & canva.