Eight Nigerian start-ups are amongst 20 of the most promising African digital start-ups that will take part in the XL Africa residency, the flagship initiative of the business accelerator launched last April by the World Bank Group’s infoDev program. XL Africa is funded by the governments of Finland, Norway, and Sweden, and administered by the World Bank Group with implementation support from IMC Worldwide, VC4A, and Koltai & Co.
The programme, which ends on November 17 in Cape Town, South Africa, will allow the entrepreneurs the opportunity to learn from their mentors and peers, increase their regional visibility, and get access to potential corporate partners and investors.
The eight selected Nigerian start-ups that will participate in the event include Electronic Settlement Limited (FinTech, Nigeria), MAX (Transport, Nigeria), ogaVenue (Venue Platform, Nigeria), Prepclass (EdTech, Nigeria), Printivo (Printing, Nigeria), Rensource (Energy, Nigeria), TalentBase (HR, Nigeria), and Tizeti Network Ltd. (Connectivity, Nigeria).Other participating African digital start-ups include Aerobotics (Data, South Africa), Asoko Insight (Data, Kenya, Ethiopia, Ghana, United Kingdom, and Nigeria), Coin Afrique (Marketplace, Senegal and Benin), Edgepoint Digital (Jamii), (FinTech – Insurance, Tanzania),and Lynk Jobs Ltd. (HR, Kenya).
Others are Ongair (SME Services, Kenya), Pesabazaar.com (FinTech, Kenya), Rasello Company Ltd. (SME Services, Tanzania), Sendy Ltd. (Delivery, Kenya), Snapplify (Publishing, South Africa and Kenya), Sokowatch (Delivery, Kenya), and Timbuktu (Travel, South Africa).
The 20 successful African start-ups were selected from a pool of over 900 applicants, specialising in digital solutions for the African market, including Financial Technology (Fin-Tech), transportation, health care, education, human resources, and Business to Business (B2B).