Is the “best startup from emerging markets” from Africa (again)?

Meet the 7 African entrepreneurs who are among the 36 finalists in the worldwide startup competition Seedstars World: Congrats to VC4Africa members Beam, Green EnergyLumkani, OkHi, Poeyek, Remit and TorQue!!

Last year 5 African entrepreneurs reached the finals and in the end VC4Africa member Simeon Ononobi of SimplePay won SeedStars World investment! This year, the Seedstars World winner 2015 will be announced coming Tuesday night, February 4th, in a grand finale in Switzerland. Over 1,500 startups from all across the world applied. The winner will receive an equity investment of up to $500k.

The VC4Africa community wishes the 7 listed African finalists presented below the best of luck and success!!

Beam Remit (Ghana)

Beam brings Bitcoins to Africa, making it simple for Africans to make online payments and access low cost remittances. See their VC4Africa venture profile. (Uganda)

Remit enables the transfer of remittances from all over the world to mobile money in Uganda instantly, lowering the cost of money transfers. See their VC4Africa venture profile.

Lumkani (South Africa)

Lumkani provides a low-cost in-shack heat detector that rings, sends a signal to neighbouring devices and alarms in case of fire / smoke. See their VC4Africa venture profile.


OkHi (Kenya)

OkHi creates an address book for everyone’s pocket. See their VC4Africa venture priofile.

Poeyek / Soumtou (Senegal)

Poeyek has built the Somtou, a tablet-like business management device for informal small shop owners in Africa, solar powered. See their VC4Africa venture profile.


TorQue (Rwanda)

TorQue provides an online distribution channel management software for wholesale distributors in Rwanda and Africa.

Green Energy (Nigeria)

Green Energy provides a zero pollution process that converts wastes into clean petroleum oils and gases.

More than 1,000 entrepreneurs, venture capitalists, business angels, journalists and start-ups enthusiasts are expected to join the Grand Final in Geneva, Switzerland on February 4th, 2015. Only 36 finalists will have the chance to compete in Switzerland and only one global winner will be selected by a distinguished jury panel.

See the Seedstars World website for more. Which of the startups listed above do see as most disruptive? Do you think one of Africa’s startups is the “best startup from emerging markets”? We invite you to share your thoughts in the comments below!