SendSpend, an app that lets users without bank accounts or cards send and receive money, has officially launched in South Africa. The payment solution…
The startup, which was founded in December last year, aims to be the largest quality fresh food supplier in West Africa.
Afrikamart founder and COO Albert Diouf (pictured above, right) explained in a statement Thursday last week (22 August) that the startup designs tools and services to bring farmers closer to processors, wholesalers, restaurants, supermarkets and individuals.
“We create value in addressing three of the biggest challenges in the agrifood sector, effective agriculture, market access and logistics,” said Diouf.
Afrikamart will now represent Senegal at the Seedstars Africa summit
In all eight startups pitched at the event which was held in the Senegalese capital (see this story).
A jury panel comprised of Brightmore managing partner Ndeye Thiaw, Netherlands Trust Fund 1V ITC national coordinator Diabel Ndaw, Grofin investment manager Elhadji Malick Soumare and Seedstars World regional manager for Africa Claudia Makadristo picked the winners.
Makadristo, commenting in the same statement, said Dakar has shown “year after year” that it is able to produce high quality startups. “And so of course this year the competition was fierce yet again,” she added.
Afrikamart will now represent Senegal at the Seedstars Africa summit which will be held in Johannesburg in December (see this story) in addition the startup will get access to a three month investment readiness programme.
At the Africa summit, Afrikamart will get a chance to win a spot to attend the Seedstars Global Summit in Switzerland where the winning startup will take home a $500 000 investment prize.
Last year’s edition was won by payments startup Sudpay (see this story).
Read more: Healthtech platform Hospitalia wins Seedstars Cairo
Read more: Here are the eight Senegalese startups pitching today at Seedstars Dakar
Read more: Four startups from Zanzibar event win chance to pitch at Seedstars Dar es Salaam
Read more: Here are the 10 Tanzanian startups pitching right now at Seedstars Zanzibar
Read more: Fintech startup Growth Factor wins Seedstars Accra
Read more: Seedstars announces Joburg as host city for its Africa summit
Read more: P2P micro lending marketplace Pezesha wins Seedstars Nairobi
Featured image: Seedstars Dakar winner Afrikamart team members including Afrikamart founder and COO Albert Diouf pitching at (Supplied)