Baobab Network
Baobab Network is an accelerator for early-stage technology ventures operating across Sub-Saharan Africa, with offices in Nairobi, South Africa, Nigeria and London. It supports startups by providing funding, guidance and a growth platform in exchange for equity, helping companies scale through mentorship and access to resources. The organization connects early-stage businesses with talent and investors worldwide, offering leadership development programs, planning and consulting services, entrepreneurship training, and talent recruitment. It helps startups with strategy design, resource planning and utilization to improve revenue and pursue finance more effectively. Baobab Network concentrates on enabling technology-driven companies across the continent to accelerate growth and reach international markets through its global network.
Past deals in Africa
CommunityWolf
Pre Seed Round in 2025
CommunityWolf tackles a pressing challenge in South Africa, where millions of crimes remain unreported each year, and fragmented safety efforts heavily depend on unstructured data from WhatsApp groups. This lack of centralized reporting obscures the true extent of crime in the country and hampers effective responses123.
Lemonade Payments
Pre Seed Round in 2024
Lemonade Payments offers a secure digital payment platform focused on privacy. It enables individuals and businesses in Africa to make and receive payments across borders, supporting various methods and countries like India, China, Pakistan, Nigeria, Ghana, Kenya, among others. The platform aims to provide a seamless user experience while prioritizing customer support.
Triply.co
Pre Seed Round in 2024
Triply.co is a digital travel booking platform focused on enhancing tourism experiences, particularly for small businesses in Africa. The platform enables hosts to create and market their own travel packages, facilitating direct sales to travelers and eliminating the need for intermediaries. By providing a streamlined interface, Triply.co allows tourism operators to connect directly with potential customers, thereby increasing their visibility and booking opportunities. This approach not only supports local businesses but also enriches the travel experiences available to visitors seeking unique adventures.
Hadi.
Seed Round in 2024
Hadi. facilitates inventory financing for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria, aiming to simplify financial transactions and services.
Kawu
Pre Seed Round in 2023
Kawu is a financial technology company that provides accessible financial services to students in African schools. It offers a smart card that enables youth to save, withdraw cash, and make payments without needing a phone or bank account. Parents can securely send money to their children's cards, and a portion of each transaction is automatically saved. Kawu's platform also allows parents to monitor their child's expenses and set spending limits.
HubIQ
Pre Seed Round in 2023
HubIQ is a Kenya/US-based company offering strategic storage locations and streamlined 24/7 distribution across Kenya and East Africa. It provides cost-effective deliveries and effortless supply chain management, empowering small and medium enterprises to thrive in the digital age.
Colis.ma
Pre Seed Round in 2023
Colis.ma is a logistics platform that facilitates cross-border courier services for both individuals and businesses. The platform enables transport companies to digitize their operations, optimize resources, and track packages using GPS technology. Customers can easily find, compare, and select the most suitable international transport company based on their preferences. Colis.ma offers door-to-door delivery services and comprehensive package tracking capabilities, providing competitive pricing that is approximately four to five times lower than traditional options in the market. By streamlining the logistics process, Colis.ma enhances the efficiency and affordability of shipping solutions for users worldwide.
Medikea
Pre Seed Round in 2023
Medikea Health is a multiservice online healthcare application aimed at providing accessible and affordable primary care to millions of Africans. The platform facilitates virtual, subscription-based telemedicine, allowing users to have online consultations with health providers through chat or call. In addition to telemedicine services, Medikea offers in-person care through a network of asset-light clinics. Users can book appointments, receive medicine delivery, and access at-home lab testing for non-emergent medical issues. The platform also enables hospital referrals and provides discounts on medications, ensuring convenience and affordability in healthcare for its users.
Vutia
Pre Seed Round in 2023
Vutia is a Kenya-based B2B cosmetic marketplace and distribution platform that connects informal retailers with top brands and suppliers. Through a tech-enabled system, it pre-purchases products from manufacturers and delivers them to vendors, enabling retailers such as informal traders, beauty salons, spas, and beauty shops to access quality cosmetics and personal care products across Africa.
Lendha
Pre Seed Round in 2022
Lendha facilitates swift access to working capital loans for small businesses, utilizing AI to assess growth potential within hours. It offers a cost-effective business management tool with features like expense tracking and reporting.
Alerzo
Series A in 2021
Founded in 2019, Alerzo is a B2B e-commerce company based in Ibadan, Nigeria. It offers an innovative platform that modernizes the operations of informal retail stores by providing on-demand inventory distribution and financial services. The platform also delivers real-time market trends, customer feedback, and consumer purchasing data to brands and manufacturers.
PocketDoc
Pre Seed Round in 2020
PocketDoc is a smartphone-based platform that serves healthcare professionals in Africa by providing access to integrated medical information, communication channels, and educational tools. The application is designed to help medical professionals quickly retrieve reliable and relevant medical information, thereby reducing human error and enhancing patient outcomes. By streamlining access to essential medical resources, PocketDoc aims to improve the efficiency of healthcare delivery and support doctors in their decision-making processes.
Alerzo
Pre Seed Round in 2020
Founded in 2019, Alerzo is a B2B e-commerce company based in Ibadan, Nigeria. It offers an innovative platform that modernizes the operations of informal retail stores by providing on-demand inventory distribution and financial services. The platform also delivers real-time market trends, customer feedback, and consumer purchasing data to brands and manufacturers.
ConDigital
Pre Seed Round in 2020
ConDigital provides cloud project and enterprise management for construction companies in Africa.
Mangwee
Seed Round in 2020
Mangwee is a mobile money transfer platform focused on enhancing financial inclusion, particularly in rural areas of Zambia and Africa. The company offers a secure and affordable payment solution that aims to facilitate a cash-light economy. Beyond basic money transfers, Mangwee has developed an ecosystem of applications designed to improve the lives of various demographics, including women, farmers, youths, and the economically disadvantaged. Additionally, the platform features an electronic wallet service tailored for university students, which aims to reduce the cost of mobile money transactions and enables users to transfer funds conveniently via their mobile phones at any time and from any location.
Mangwee
Non Equity Assistance in 2019
Mangwee is a mobile money transfer platform focused on enhancing financial inclusion, particularly in rural areas of Zambia and Africa. The company offers a secure and affordable payment solution that aims to facilitate a cash-light economy. Beyond basic money transfers, Mangwee has developed an ecosystem of applications designed to improve the lives of various demographics, including women, farmers, youths, and the economically disadvantaged. Additionally, the platform features an electronic wallet service tailored for university students, which aims to reduce the cost of mobile money transactions and enables users to transfer funds conveniently via their mobile phones at any time and from any location.
Pennysmart
Pre Seed Round in 2019
Pennysmart is a financial technology company that provides a savings platform designed to automate savings and help users achieve financial independence. The platform features a simplified dashboard to track saving habits, is regulated by authorities, and offers attractive interest rates with no hidden fees.
BeBlocky
Pre Seed Round in 2019
BeBlocky is an educational platform teaching African children the basics of computer programming through engaging gameplay. It uses graphical blocks for intuitive learning, with coding tutorials unlocked as users progress.
Kakbima
Seed Round in 2019
Kakbima is an insurtech company that provides a software-as-a-service platform for insurance management and distribution. The platform tracks policies, claims, and premiums for both conventional and micro-insurance, and connects insurers, distribution partners, and customers to facilitate buying, managing, and selling insurance. It supports flexible product development and distribution channels, enables quote generation, and offers real-time risk analytics. The solution serves individuals, agents, brokers, micro-insurers, and insurers, expanding coverage and accessibility of insurance worldwide. Kakbima is based in Nairobi, Kenya.
Dr CADx
Seed Round in 2019
Dr CADx is an artificial intelligence-based healthcare company founded in 2016 and based in Bulawayo, Zimbabwe. The company specializes in developing a platform that utilizes deep learning algorithms to enhance the accuracy of medical image diagnosis. By employing advanced computer-aided diagnostic systems, Dr CADx assists healthcare professionals in interpreting medical images and recognizing disease patterns more effectively. This innovative approach aims to improve diagnostic precision while reducing costs, ultimately supporting better patient care.
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