As the technology startup scene in Africa continues to flourish, entrepreneurs are developing groundbreaking solutions to tackle the region’s distinct obstacles. Looking towards 2023, numerous African startups warrant close attention, particularly those specializing in fintech, tech-enabled logistics, and innovative payment solutions. This article will showcase the top 10 African business tech startups to keep an eye on.
The African continent has seen a remarkable growth in the technology startup scene over the past few years, with entrepreneurs creating innovative solutions to address the unique challenges facing the region. As we head into 2023, there are several African startups that are worth keeping an eye on. In this article, we will highlight the top 10 business tech startups in Africa to watch in 2023.
- Flutterwave https://flutterwave.com/us/
Flutterwave is a Nigerian-based fintech startup that provides a platform for businesses and individuals to make and receive payments from anywhere in the world. The company has already raised over $230 million in funding and is expanding rapidly across the continent.
- Kobo360 https https://www.kobo360.com/
Kobo360 is a Nigerian logistics startup that provides a platform for businesses to transport goods across Africa. The company has raised over $100 million in funding and is expanding rapidly across the continent.
- Paystack https://paystack.com/za/
Paystack is a Nigerian fintech startup that provides a platform for businesses to accept online payments. The company has already processed over $10 million in transactions and has raised over $15 million in funding.
- Andela https://andela.com/
Andela is a Nigerian-based startup that provides a platform for businesses to hire and manage remote software developers. The company has raised over $181 million in funding and is expanding rapidly across the continent.
- Twiga Foods https://twiga.com/
Twiga Foods is a Kenyan-based startup that provides a platform for farmers to sell their produce directly to retailers. The company has already raised over $40 million in funding and is expanding rapidly across East Africa.
- M-KOPA Solar https://m-kopa.com/
M-KOPA Solar is a Kenyan-based startup that provides solar-powered lighting and charging solutions to households across Africa. The company has already provided solar power to over 1 million homes and has raised over $80 million in funding.
- SweepSouth https https://sweepsouth.com/
SweepSouth is a South African-based startup that provides an on-demand platform for cleaning services. The company has already raised over $5 million in funding and is expanding rapidly across South Africa.
- Lori Systems https://www.lorisystems.com/
Lori Systems is a Kenyan-based logistics startup that provides a platform for businesses to transport goods across Africa. The company has raised over $70 million in funding and is expanding rapidly across the continent.
- Sendy https://www.sendyit.com/
Sendy is a Kenyan-based logistics startup that provides a platform for businesses to transport goods across Africa. The company has already raised over $25 million in funding and is expanding rapidly across the continent.
Yoco is a South African-based fintech startup that provides a platform for businesses to accept card payments. The company has already processed over $1 billion in transactions and has raised over $50 million in funding.
In conclusion, Africa’s startup scene is rapidly growing, and these 10 business tech startups are leading the charge. As we head into 2023, these startups are worth keeping an eye on as they continue to expand and innovate in their respective industries.
