Chaka, a Nigerian investment Company, and two other African startups have been selected to pitch at the Seedstars International Demo 2020 on October 14.

The three other African startups are Kenya’s Pezesha and Fuzu and Egypt’s Dryve.

“We have two goals with a demo day. First, we have asked the founders to put the ‘demo’ back into demo day and I hope that participants will get real insights into how the companies operate and their value propositions. Second, we want to share with the world the incredible opportunity and talent we’ve discovered in 2020 and encourage more people to focus their time, money, or know-how on emerging markets,” shared Seedstars CIO Charlie Graham-Brown.

With a growing portfolio of 60 companies in 25 countries and with around 30 investments being added each year, Seedstars is continuously on the lookout for the next group of startups to help scale and add to the growing global network of entrepreneurs in emerging markets.

The Seedstars Growth Program is designed to help companies with early signs of product-market fit implement a growth methodology and unlock their growth formula, positioning them to raise their Series A round. 

Meet the African startups pitching at Seedstars International Demo Day 2020

  1. Chaka (Nigeria) – Chaka enables individuals and companies to invest in Nigerian and US stocks through its digital investment platform.
  2. Pezesha (Kenya) – Digital Infrastructure for financial inclusion of the underserved in Africa, currently reaching 7.23% week-on-week growth in terms of the value of loans disbursed, with rolling 30% monthly growth rate.
  3. Fuzu (Kenya)- Scalable online career accelerator platform, enabling users to enhance their chances of finding the right job and developing the needed skills through online content. The platform serves B2B clients by efficiently providing HR sourcing services for both entry and mid-level white-collar profiles. Number one job board in Kenya and growing.
  4. Dryve (Egypt) – Dryve is the first peer-to-peer car-sharing platform in the Middle East and North Africa. Through their special relationship with Axa, they have introduced the first of its kind “pay as you drive” insurance policy in the Middle East and the first-ever digital claims process in Egypt.

 

Musa Suleiman
Follow me

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.