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Here are the 11 startups selected for the third cohort of SBC AfriTech
Startupbootcamp (SBC) AfriTech has announced that 11 tech startups have been selected for its third cohort which kicks off in Cape Town next month. The announcement was made yesterday in the city.
Of the 11 teams that were chosen by the accelerator, three are from South Africa, two hail from Nigeria and one each are from Kenya, Uganda, the UK, Morocco, Senegal and Zimbabwe.
The 11 were selected from 22 shortlisted startups that took part in a two day final selection process held at Amazon Web Services’ head office in Cape Town on Wednesday (10 July) and yesterday (11 July), where startups pitched to corporate sponsors, investors and others.
The 11 startups selected for the third cohort of SBC AfriTech were chosen from 22 finalists
The tech accelerator said in a statement last month that it had received 1804 applications from 64 for its 2019 cohort (see this story).
The 11 are:
Asilimia (Kenya): Asilimia digitises payments for small businesses in Kenya to enable them to access formal financial services.
Cinnamon Clubs (Uganda): The startup runs a cloud-based Software as a Service (SaaS) platform designed to improve efficiency of community savings groups through the automation of their financial activities and records.
Convergenc3 Databotics (South Africa): Convergenc3 Databotics employs transformative technologies within proven frameworks that fast-track delivery and delivers robotic process automation and data science solutions.
Curacel Systems (Nigeria): Curacel is building an intelligent fraud detection solution and claim fast-tracking technology for African health insurers.
HouseAfrica (Nigeria): This startup aims to help Africans to own shares in multiple properties.
Rentoza (South Africa): Rentoza offers a seamless online marketplace for asset rentals that enables customers to live life on their own terms.
Snapslip Holdings (South Africa): Snapslip is a digital receipting and analytics application that completely eradicates the need for paper receipts.
Survey54 (UK): This startup has an automated survey platform that helps companies collect consumer data in emerging markets
Weego (Morroco): Weego is a user-based transport app that helps communities in emerging and developing countries to commute on a daily basis.
Yobante Express (Senegal): Yobante Express is a last-mile delivery digital platform that connects drivers with users requesting logistics services.
YouFarm! (Zimbabwe): YouFarm provides farmers with access to collateral-free finance by getting people to invest in crops and livestock and share the profits with the farmers when the produce goes to market.
SBC AfriTech’s third cohort kicks off on 12 August and culminates in a demo day on 7 November.
Over the three-month period of the programme, the 11 startups will have the opportunity to scale and seal pilots and proof-of-concepts with the corporate sponsors of the programme and others.
SBC AfriTech co-founder and chief investment officer Zachariah George said last month that to date participants from the past two cohorts have collectively been able to raise more than $4-million.
Read more: SBC AfriTech announces names of 22 startups shortlisted for selection days
Featured image: The 11 startups selected for the third cohort of SBC Afritech (Supplied)