Efforts to create a more financially inclusive business ecosystem in Africa received a boost with the selection of fintech startups from across the continent to partake in this year’s edition of CATAPULT: Inclusion Africa, which helps companies focusing on financial inclusion to scale. CATAPULT; Inclusion Africa which is a brain child of LHoFT Foundation aims at identifying start-ups that focuses on building platforms that promote financial inclusion in Africa. It has the overall objective of building bridges between Africa and Europe. Those that made the cut in this year’s edition are Investment robo-advisory platform A-Trader and Digital Wallet Dundiza , both of Tanzania, savings startup Esusu and insurtech startup PaddyCover from Nigeria.
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Others are CinetPay, an Ivorian based payments startup, Ugandan payments startup Eversend, Rwandan savings startup Exuus, Ghanaian pensions startup People’s Pension Trust, Kenyan digital financial marketplace Pezesha, South African payments startup uKheshe, and UK-based financial services marketplace SympliFi.
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According to a statement from the Foundation, selected start-ups will be provided with access to a tailor made programmes that encompasses intensive mentoring, coaching, peer-to-peer learning and dedicated workshops.The programme will also include sessions on business model mapping, investment readiness, funding and capital raising, social impact, scaling strategy, building teams, operational management, advisory meetings with investors, and pitch development.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry