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AirSmat is a startup leveraging satellite imagery, soil data, and machine learning to enhance crop growth and food security in Africa while offering innovative MRV (monitoring, reporting, and verification) tools for soil carbon sequestration, aiming to advance regenerative agriculture and climate change mitigation through the strategic use of biochar, thereby enhancing soil health and agricultural productivity.
The e-commerce company aims to build an eco-friendly, sustainable food supply chain network for all of Africa. It is an all-encompassing store for healthy and sustainable living that adopts an asset-free infrastructure to support rapid expansion capabilities. It has a fully-automated supply and value chain structure that ensures that every client consistently receives first class service and food. The company caters to retails, FMCG, and corporate markets.
Regxta is described as an inclusive digital platform providing easy access to financial services for micro businesses in rural and semi-urban communities across Africa. The company focuses on financial inclusion, offering services such as bank accounts, savings, lending, and payment solutions, along with facilitating business structure through incorporation and financial reporting. The company targets the substantial market of micro businesses in Africa, addressing the financial exclusion and lack of business structure prevalent in this sector. The company indicates a focus on a vast number of unbanked or underserved individuals and businesses, suggesting a significant market opportunity.
Flybox is a business that is democratizing insect farming, aiming to provide an affordable and sustainable protein source without depleting natural resources. They farm the Black Soldier Fly (BSF) to produce a sustainable, low-carbon, high-quality protein for animal feed, addressing the pressing need for more sustainable protein sources and reducing food waste. The market for Mana Biosystems lies in the insect protein sector, which is projected to be worth $8 billion by 2030.
Newform Foods is a company engaged in producing cultivated beef burgers, positioning itself as a pioneer in the new food system in Africa. They focus on creating a commercially viable and scalable product, with a unique approach to reducing operational and regulatory costs.
Green Scooter operates in the electric vehicle market, specifically targeting the need for cost-effective and low-maintenance transportation solutions. The company’s business model includes selling, leasing, and advertising revenue from its electric vehicles, specifically the Zbee models. The company aims to address first-mile and last-mile transportation challenges by introducing Electric Vehicles (EVs) into the market. This initiative is driven by the rising costs of operating Internal Combustion Engines (ICE) and the growth of eCommerce, underscoring the need for an affordable logistical solution for businesses and individuals.
VeggieVictory is Nigeria’s pioneering plant-based food company, focusing on revolutionizing plant-based meat in Africa. They develop high-protein, quality plant-based alternatives that align with African cooking and eating habits, featuring products like Vchunks with a protein content of 68% compared to beef’s 27%. The company targets the growing alternative protein market in Africa, with a special focus on Nigeria, anticipated to be a significant player due to its large population and increasing protein demand. They aim to capture a market that is becoming more health-conscious and is facing challenges with meat supply and quality.
Vollar is a platform that transforms local volunteering into impactful micro-jobs. It allows organizations to create and fund campaigns, where locals host volunteering events, and volunteers participate and receive rewards. This innovative approach aims to directly involve the community, fund outcomes instead of programs, enhance transparency through data, and reduce the cost of impact.
