Silverbacks Holdings

Axis is a digital banking alternative tailored for small businesses and solopreneurs, addressing the various challenges they face in managing operations and finances. The platform simplifies employee payroll, salary advances, and business payments to suppliers, contractors, and vendors through an interoperable mobile wallet. Employees benefit from this system by being able to send and receive money from any mobile wallet in Egypt, while also earning rewards for their transactions. Fully licensed by the Central Bank of Egypt, Axis has developed its entire technology infrastructure in-house, offering a comprehensive suite of tools and resources designed to help small business founders thrive in a competitive landscape.

Union54 is a debit card issuing API based in Lusaka, Zambia, founded in 2020. It enables fintech companies and corporates to issue debit cards to their customers without the need for a bank or credit card processor. The company offers services such as BIN sponsorship, transaction processing, and settlement, streamlining the card issuance process for software developers. Union54's platform allows businesses to integrate debit card functionality into their offerings, enhancing their financial services capabilities.

Brimore operates a social commerce platform that connects emerging brand owners with a network of resellers. These resellers market and sell the products of these brands using social media, providing nationwide coverage for the brands. The platform uses data analytics to facilitate this connection between emerging brands and individual distributors across Egypt's 27 governorates, enabling small local manufacturers to directly reach consumers through freelance sales agents.

Amitruck is a logistics platform based in Nairobi, Kenya, that connects cargo owners with trucking professionals through a mobile and web application. Founded in 2018, the platform allows customers to easily book deliveries and access a network of available trucks. It features a driver application that facilitates communication between clients and transporters, ensuring timely updates on shipments. Amitruck's user-friendly interface enables clients to receive instant quotes and track their deliveries in real-time, offering complete visibility throughout the delivery process.

ILLA is a logistics company based in El Dokki, Egypt, specializing in middle-mile delivery services for fast-moving consumer goods (FMCG) companies. Founded in 2017, ILLA employs a digitized approach to manage the delivery process, enhancing efficiency from planning to execution. The company offers services tailored to both modern and traditional trade, as well as internal supply needs. By leveraging a diverse network of trucks with varying capacities, ILLA functions as an internal fleet for its clients, providing them with complete control and visibility over their logistics operations. This dynamic solution enables FMCG companies to effectively navigate the challenges of delivering products to various retail and non-retail outlets, ultimately driving sales growth.

Zazu Africa Ltd, founded in 2015 and based in Lusaka, Zambia, offers a digital money account designed to enhance financial management for its users. The company provides a financial educator platform that allows individuals to learn about various financial services and products. Additionally, Zazu facilitates direct trading between retailers, food processors, and farmers, enabling improved profitability and access to resources for farmers. This connection supports the adoption of climate-smart agriculture practices, which can lead to increased productivity. Through its innovative approach, Zazu aims to empower individuals and strengthen the agricultural sector in Zambia.