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Events • 23 Sep 2023

Africa Money & DeFi Summit unveils 9 pioneering ventures

By Ivor Price

nnovators shaping Africa’s financial future are set to gather at the Africa Money & DeFi Summit 2023 in Accra, Ghana. Photo: Supplied

The Africa Money and DeFi Summit – a premier event in the world of financial technology, blockchain, and decentralised finance (DeFi) – has announced nine standout ventures selected to present their Web3, blockchain, fintech, and DeFi innovations to investors and industry leaders. This live showcase will take place in Accra, Ghana, on Tuesday, 3 and Thursday, 4 October 2023.

The summit, focused on fostering connections and bridging the divide between African ventures, corporations, and global investors, attracted applicants from across the continent, including Ghana, Kenya, Nigeria, Uganda, South Africa, Zambia, Namibia, and Côte d’Ivoire.

The ventures that have secured their spots in the limelight are as follows:

Hurupay, Ghana: Hurupay is a stablecoin payment platform designed to empower African businesses to accept stablecoin payments. This initiative aims to mitigate concerns related to currency depreciation and high transaction costs.
Save App, Kenya: Save App is changing the savings habits of African consumers. Through its Ukonga micro-savings platform, users can effortlessly save spare change for future use, promoting financial stability.
Coinazer, Nigeria: Coinazer is at the forefront of blockchain solutions. The Web3 crypto platform offers a secure environment for users to buy, sell, and store various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
PAL, Cote d’Ivoire: PAL is a digital banking platform and liquidity provider acting as a gateway for remittance and payment companies looking to innovate cost-effectively in the Francophone African market.
Safi Protocol, Kenya: Safi Protocol is a Web3 start-up harnessing DeFi to bolster climate resilience. With a focus on closing the $1 billion funding gap in the Renewable Energy Sector in Africa and Southeast Asia, Safi Protocol aims to tokenize real-world clean energy projects.
VerifiBuy, Ghana: VerifiBuy is an e-commerce platform dedicated to enhancing trust between online buyers and sellers, contributing to a secure online marketplace.
BluPay, Ghana: BluPay offers a digital payment solution platform enabling businesses and merchants to instantly receive MTN Mobile Money (MoMo) and card payments from customers directly into their bank accounts.
One Chain Africa, Nigeria: One Chain Africa is tackling the challenges hindering blockchain adoption and innovation in Africa. Their blockchain solution aims to create a more inclusive and accessible ecosystem, enable stablecoin deployment per country, integrate on-chain KYC infrastructure, and foster blockchain growth and innovation across the continent.
PayBox, Ghana: PayBox is driving innovation in cross-border payments and fund transfers across over 23 African countries, catering to small and medium enterprises and millennials.

Supported by industry leaders like Amazon Web Services, HBAR, EMTECH, and others, the Africa Money and DeFi Summit will serve as a nexus for African fintech and crypto pioneers to engage with international players. Those interested in attending the summit can secure their passes here.