Five Kenyan start-ups are among the 20 selected from the continent to take part in XL Africa’s first cohort for its scale-up accelerator programme.

The selected start ups are specialised in digital products and solutions encompassing the fields of fin-tech, transportation, healthcare, education, human resources, and B2B.

All the companies provide a technology-intensive or technology-based product or service currently available in one or more African markets and show great potential to scale across the region and globally!

Over the next four months, these selected start-ups will be mentored through a bespoke curriculum to be delivered by global and local experts before attending a two-week Residency in Cape Town, South Africa. At the Residency, start-ups will have the opportunity to interact with and learn from their mentors, peers, and partners before concluding with the XL Africa Venture Showcase.

Here, in association with the African Angel Investor Summit, entrepreneurs will present their business models to a select audience of corporations and investors, with the aim of raising Ksh26 million (US$250) to Ksh155 million (US $1.5 million) in series A capital!

XL Africa, which was launched in April, is backed by the World Bank as well as the Swedish, Finnish and Norwegian governments.

Apart from Kenya, the other firms are from Senegal, Tanzania, South Africa and Nigeria.

Here is the list of the selected 20 start ups:

Lynk (Kenya): Job site catering for the informal sector

Ongair (Kenya): Customer relationship management platform for conversational and social commerce through instant messaging

Pesabazaar (Kenya): Comparison platform for financial products and services

Sokowatch (Kenya): Last-mile ordering and distribution platform for small retail shops in emerging markets

Sendy (Kenya): On-demand delivery platform founded in 2014

Aerobotics (SA): On demand satellite and drone analytics startup launched in 2014

Snapplify (SA): Digital content distribution platform specialising in educational content and ebooks

Timbuktu (SA): Interactive travel platform that enables tourists to design and customise trips to Africa

Asoko Insight (Nigeria): Corporate data and analytics platform

Electronic Settlement Limited (Nigeria): Payment solutions and mobile financial services startup which owns CashEnvoy and Paypad

PrepClass (Nigeria): An elearning platform offering test and exam preparation launched in 2014

Printivo(Nigeria): Online printing company founded in 2013

Max (Nigeria): Mobility platform applying machine learning on on-demand transportation and delivery

Ogavenue (Nigeria): Events booking platform founded in 2015

Rensource (Nigeria): Distributed energy company employing a Power-as-a-Service model where it rents out and maintains solar systems

Talentbase (Nigeria): Human resources platform for small businesses

Tizeti (Nigeria): Wireless network provider using a network of Wi-Fi solar base stations

CoinAfrique (Senegal): Peer-to-peer mobile marketplace launched in 2015

Jamii (Tanzania): Insurtech startup focusing on mobile micro-health insurance, it aims to cut down administration costs and sells health insurance at $1 per month

 

Rasello (Tanzania): Enteprise software company founded in 2011

 

 

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