2020 has been a crazy year for a lot of people, in spite of all this, the startup world is not slowing down. Here is a list of the top 10 West African startups we think you should watch.
Paystack is a Nigerian based fintech startup founded in 2015. They make payment processing solutions for businesses in West Africa. These include payment processing. Their API is extremely well documented and easy to use. In mid-October, the company was acquired by Stripe for over $200 million dollars.
OnePipe is another Nigerian fintech startup founded in 2018. OnePipe acts as an API aggregator for multiple banks and payment APIs. They announced a raise of $950 million in seed funding on December 17th, 2020.
Flutterwave is a Ghanian startup founded in 2016. They are similar to Paystack, however, they offer more services such as issuing virtual and physical cards. They are very well funded and have a great track record of making innovative products and services.
Oze is a Ghanain app startup also founded in 2016. The app makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. They have over 20,000 users so far and have no plans on slowing down.
6) The VibeKart
The VibeKart is a Ghanain e-commerce startup founded in 2019. They sell products via a mobile app and website. They have a wide selection of products and accept traditional payments as well as bitcoin
Kobo360 is a Nigerian logistics startup founded in 2017. They build a digital logistics platform that aggregates end-to-end haulage operations. It has been claimed that their platform can help cut transportation time in half.
BlueLoop is a Nigerian startup behind the app Flux. Founded in 2019, Flux is a crypto payment platform for cross-border payments with cryptocurrency. They recently raised $77k in seed funding and with the state of crypto in 2021, they are poised to do well this year.
54gene is a Nigerian BioTech startup founded in 2019. They are the first African DNA biobank. They are focusing on building the largest dataset of genomic and phenotypic consented data of Africans. In early 2020 they raised a $15 million Serials A.
Ajuma Technologies is a Ghanaian startup that is building a mobile service marketplace app for West Africa. They have taken the idea of a service marketplace and combined it with digital payments, invoices, and expense tracking. They plan on launching their app to the public in early 2021.