Solution:

Moove’s offering allows gig drivers, or “mobility entrepreneurs” as they call them, to work towards vehicle ownership in an affordable way. Drivers pay weekly fees to cover their drive-to-own, drive-to-earn and flexi rental contracts, and at the end of the term, the vehicle is theirs. This new revenue-based financing model for vehicle ownership – which includes cars, trucks, bikes, and motorcycles – initially launched in Nigeria and has since expanded to millions of drivers in emerging markets across Africa, MENA, and Europe. The mission-driven fintech continues expanding with a clear eye on three goals: support gender equality by helping more women own their own vehicles, use clean energy by offering hybrid and electric vehicle fleets, and enable financial inclusion and entrepreneurship.

Solution:

Releaf uses technology to scale Africa’s agricultural sector and make it more rewarding for farmers, food factories, and consumers. Through a combination of hardware and software, Releaf is making the supply chain more efficient –starting with Nigeria’s oil palm sector. With its proprietary hardware, Kraken, the company helps smallholder farmers in the palm oil industry to produce high-quality vegetable oil at a fraction of the time. The company is on a mission to build climate-adaptive supply chains as Africa’s population increases by 3 billion.

Solution:

Flutterwave builds technology, tools, and infrastructure for businesses and banks that want to provide a more seamless and secure payment experience for their customers. The company is on a mission to build payment infrastructure to connect Africa to the global economy. The company was founded by African finance and technology veterans. Flutterwave exited the Future Africa portfolio in 2021.

Solution:

Jumba is a construction tech company that simplifies the purchase and supply of construction materials with the click of a button. Construction companies and hardware stores now have a simple way to manage inventory, investment, and transparency. Africa’s construction industry is a core economic engine supporting sustainable growth across the continent. CEO Kagure Wamunyu is a civil engineer by training that has worked in the mobility, logistics, and technology industries.

Solution:

Itana by TalentCity rests on the ambition of building the ideal environment for the tech ecosystem in Africa, where the best talents build together. It envisions a connected community with the ideal governance, digital services, and physical infrastructure for builders of the continent to thrive. Itana’s first location is being built in a 72,000 sqm mixed-use district in Alaro City in Lagos, Nigeria, and aims to nurture a community of 3,000 entrepreneurs, creatives, and builders. It will feature a central startup campus and encompass coliving, coworking, and private residential apartments steps away from world-class restaurants, bars, and cafes.

Solution:

Andela helps companies of all sizes – from startups to the world’s largest enterprises – to build remote teams by giving them access to the best technology talent in emerging markets. For tech talent, Andela provides employment opportunities at vetted companies, as well as collaborative learning and resources. For companies, Andela helps source, evaluate and hire the best specialized talent by role, no matter where they are in the world – and do it quickly. Andela started with a cohort of software engineers in Nigeria and has since then expanded to emerging markets around the world.