1 out of 10 African Startups Selected for the 2020 SeedStars World Global Finals is Blockchain-based

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The Seedstars World Global Competition tour for Africa has ended, and 10 African startups have been selected to join other startups from around the world for the SeedStars Final Summit in April 2020.

A total of 41 startups from over 25 African countries participated and got selected in the regional SeedStars competitions across Only one out of the total 10 startups to qualify is blockchain-based.

Here is the full list of the African startups that won the regional Seedstars and that qualify for the finals in Switzerland in 2020:

  • Exuus – A Rwandan blockchain-based digital savings platform
  • Pezesha – A Kenyan value-chain financial marketplace connecting borrowers and lenders
  • Teheca – A Ugandan e-health startup focused on reduced mortality rates of months and infants in developing countries
  • Oko Finance – A Mali-based crop insurance platform for emerging markets
  • Nvoicia – A Ghanaian-based fintech helping small businesses with unpaid invoices gain access to working capital loans
  • Afrikamart – A Senegalese agritech startup helping farmers tackle challenges around market access and logistics
  • Nadji.Bi – An innovative, sustainable solar solution from the Gambia
  • Vectra – A South-African digital e-Commece platform
  • Crop2Cash – A Nigerian digital services platform for small-scale farmers
  • Roque Online – An online platform from Angola helping informal market vendors and service providers manage themselves as micro-enterprises

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Also Read: 3 Out of 10 Startups Pitching at the SeedStars Global Competition in Nairobi are Blockchain-based

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Exuus, a Rwandan blockchain-based fintech startup, is the only African project leveraging distributed ledger technology to qualify for the finals. The startup empowers traditional savings groups by use of a digital platform that makes it possible for low-income communities to become save and process transactions more efficiently.

Members of savings groups signed up to the service are able to make cashless transactions via USSD, debit, and credit the groups’ digital wallet from their individual wallets seamlessly. The platform also allows ‘village agents’ to create groups, add members, and manage projects, while everything is visible in realtime to all agents.

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