Three Nigerian Startups Selected for CATAPULT, African Inclusion Program

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Crop2Cash, Abawah and Igugu Global are three Nigerian startups that have been selected to participate in the 3rd edition of the 2021 Inclusion Africa Programme.

Nine other startups from other African countries with two others from other continents were also chosen to participate in the programme.

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The event targets companies in the financial inclusion space in Africa that are looking to build bridges between Africa and Europe.

The programme is funded by the LHoFT Foundation – a public-private sector initiative that drives technology innovation for Luxembourg’s financial services industry, connecting the domestic and international Fintech community.

Abawah (Nigeria) – Providing access to retirement savings for Africa’s unbanked and underbanked population. We are improving the customer experience when interacting with pensions by merging financial literacy with easy to use technology.

CATAPULT: Inclusion Africa Program 2021 for Fintech startups |  Opportunities For Africans

Asilimia (Kenya) – An android application that allows informal traders in Africa to create a formal business account within their personal mobile money account. With Asilimia, all their future B2B transactions will be categorized as business transactions even though initiated from their personal mobile money account, saving 90% of their mobile money transaction fees

Crop2Cash (Nigeria) – Banks and Development Finance Institutions (DFIs) find agricultural financing risky, which has created a $330 billion funding gap in agriculture globally. This tool can provide this finance with a high level of assurance that it would be efficiently used by the farmers

Emata (Uganda) – Disrupting the $65bn agricultural financing opportunity in Africa. The company digitizes farmers’ cooperatives and gives farmers access to digital and affordable financial products

Igugu Global (Nigeria) – Accelerating the flow of capital to Africa’s US$1.5 trillion sustainable infrastructure gap. We are solving the problem of fragmentation in financial markets by providing ESG mapping, structuring and due diligence for green building, transport and energy portfolios

Kotani Pay (Kenya) – A technology stack that enables Blockchain protocols, dApps, and Blockchain FinTech companies to integrate seamlessly into local payment channels providing them with a reliable on-ramp and off-ramp service to reach a wider customer base in Africa

Mipango (Tanzania) – a personal finance mobile application that enables users to manage their income, expenses, savings, financial targets, help and offerings. Mipango app uses artificial intelligence to guide users to better financial management and financial deals towards attaining financial freedom.

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Moja Bank (Ivory Coast) – Provides a digital payment App and a contactless card which is used by consumers to facilitate everyday payment in emerging markets. Consumers in the US use the App to manage their finances, and send money to their families back home.

Mosabi (Sierra Leone) – Linking fintech and edtech with embedded, gamified upskilling for Africa’s financial products and platforms. This helps underserved citizens improve decisions and behaviours on their businesses and money. We harness data insights from user profiles and journeys, to match them to best fits across a marketplace of digital financial services

RePay.Africa (@RepayAfrica) | Twitter

Nokway Technologies (Ghana) – Enabling the potential of AI in the financial space, and its capacity to promote financial inclusion. Voice User Interface systems, for instance, enable people who cannot see, as well as people who cannot read and write, to interact with banking apps and systems through spoken commands

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