This is part 1 of a 9-part series
What is the connection between the Senegalese startup Chargel, which offers a one-stop shop system for road freight, the Nigerian Eden Life, which claims to want to “put household chores on autopilot”, and the Ivorian neobank Djamo, which targets elite clients? All of them are among the 20 African startups to watch in the coming months and years.
After more than three months of investigation, during which we analysed the African startup ecosystem with over 20 of the continent’s most active investors, we are now revealing the names of the 20 companies that will revolutionise the African economy: from fintech to logistics and e-commerce.
For some of them, these young startups have only raised a few hundred thousand dollars, but their business model is considered to have high potential.
Within this selection, which ones are the most advanced in the fiercely competitive field of digital banking? Which countries are the most represented? And what conclusions can we draw from the results of our investigation into the African startup ecosystem?
All the answers to these questions can be found in our exclusive investigation…
Understand Africa's tomorrow... today
We believe that Africa is poorly represented, and badly under-estimated. Beyond the vast opportunity manifest in African markets, we highlight people who make a difference; leaders turning the tide, youth driving change, and an indefatigable business community. That is what we believe will change the continent, and that is what we report on. With hard-hitting investigations, innovative analysis and deep dives into countries and sectors, The Africa Report delivers the insight you need.
Also in this in Depth:
missing links
Tanzania’s Standard Gauge Railway: Most advanced, but victim of minor private sector investment Tanzania’s standard gauge railway project – that seeks to open up quicker transport corridors towards the vast hinterland of Burundi, DRC, Rwanda, and Uganda – is the most advanced on the continent, but also a victim of a lack of private sector financing.leverage accelerator
AfDB tackles climate change at annual meeting in Sharm al-Sheikh More than 4,000 people have travelled to Egypt to attend the 58th Annual Meeting of the Board of Governors of the African Development Bank (AfDB) and the 49th Meeting of the Board of Governors of the African Development Fund, both of which are currently underway. On the agenda: climate change.Electric shock
South Africa prepares for the worst in load shedding It only took one statement to bring South Africa’s Eskom shares into the red. On Thursday, 18 May, Calib Cassim, acting CEO of the publicly-run national power company, warned the public that a “very difficult” winter was to be expected, with load shedding reaching stage 8.money matters
African Debt: Three proposals to reform the SDR system Hanan Morsy, Deputy Executive Secretary and Chief Economist of the United Nations Economic Commission for Africa (ECA), shares insights on new proposals to reform the International Monetary Fund’s (IMF) Special Drawing Rights (SDR) allocation system.