Meet the 12 startups selected for the 2023 VC4A Venture Showcase Africa

VC4A is proud to unveil the 12 scale-ups selected to participate in the 2023 Venture Showcase Africa. This annual flagship program brings together the best and brightest startups from across the continent, giving them the opportunity to pitch their ideas to investors and industry experts.

This edition represents a diverse range of industries and sectors in the Seed, Pre-Series A and Series A tracks, chosen from close on to 1,000 applications that were received. Selected companies will receive mentorship, technical assistance and investor readiness training. All of which builds towards the VC4A Deal Room where these companies will be showcased to an audience of investors and industry leaders.

Let’s meet the 12 startups selected for the 2023 VC4A Venture Showcase Africa:

Seed Track

Duhqa Kenya

A digital supply chain platform that uses AI and automation to help SMEs and manufacturers grow their businesses.

A man and a woman smiling

Duduetsang Moilwa (Co-founder & VP, People) and
Victor Maina (CEO) of Duhqa

Emata Uganda Limited Uganda

A digital lending platform on a mission to provide loans to millions of farmers in East Africa.

Cross-section of the Emata team

Maad Senegal

An e-commerce marketplace to directly connect manufacturers and retailers in Francophone Africa.

Smart Anwani Solutions Rwanda Limited (MPost) Rwanda

A digital platform that turns mobile phone numbers into formal postal addresses.

Vendy Limited Nigeria

Helps businesses accept payments from customers without internet access.

Series A Track

FreshSource Egypt

A B2B agri-supply chain platform that uses data and technology to connect producers to businesses, guarantee fair prices, and minimize food loss.

Pharmacy Marts Egypt

A B2B marketplace for pharmacies that provides a one-stop shop for products, financing, and logistics.

The executive team of Pharmacy Marts

OmniBiz Nigeria

A B2B e-commerce platform, offering supplier and retail software to connect the informal retail ecosystem across Africa.

Rology Egypt

An AI-assisted tele-radiology platform that delivers accurate radiology reports on time.

Three men arms crossed smiling

The executive team of Rology

SympliFi Kenya

A blockchain-powered credit-as-a-service platform that provides affordable credit to MSMEs in Africa.

Treepz Nigeria

A car-sharing platform for Africa that aims to reduce CO2 emissions.

Winich Farms Nigeria

An application that connects food producers to informal food processors and retailers in Africa.

Men and women posed for a team photo

Team Winich Farms, Nigeria

“We are thrilled to unveil these exceptional startups for our upcoming VC4A Venture Showcase Africa 2023 program. Each is a beacon of innovation and entrepreneurship. These visionary teams have demonstrated remarkable potential and we eagerly anticipate the transformative journey ahead as we accelerate their growth and shape the future together,” said an excited Abu Cassim, Lead of the Acceleration Team at VC4A.

VC4A is proud to be at the forefront of supporting the continent’s most promising startups. We believe that Africa is home to some of the most innovative and creative entrepreneurs in the world, and we are committed to helping them achieve success. We look forward to seeing the impact these ventures will have on their respective industries, and on the African continent as a whole.

The selection of these 12 high-growth high-impact ventures is made in collaboration with our investors network who represent Business Angel groups, VCs, Family Offices and Corporate funds in Africa and beyond.

We thank our 2023 Africa sponsors, the African European Digital Innovation Bridge Network AEDIB|NET and Work in Progress! Alliance, for their commitment to strengthening Africa’s startup ecosystem. Their support was essential to the success of this cohort selection process.

We also thank partners from the VC4A Investor Network on the selection committee for their support; 216 Capital Ventures, Founders Factory Africa, Ripple VC,  Acumen Property Group, Advance Consulting, Angaza Capital, ANZA Strategy, Asime Ventures, Blue Haven InitiativeBeyond Capital Ventures, CAPAS, Crossfin Technology Holdings, Edge Growth, Everyone Ventures, Expert DOJO, FINCA Ventures, FrontEnd Ventures, HiiL, Jaza Rift Ventures, Kalon Venture Partners, LeapFrog Investments, Modus Capital, Nigeria Climate Innovation Center, One Day Yes, Pin Invest, NGWANA AFRICA, Shell Foundation, SOSV, SSC Capital, ViKtoria Ventures, Villgro Africa to mention a few.

About the VC4A Venture Showcase

VC4A’s mission is to connect entrepreneurs with the knowledge, support programs, mentors and investors they need to thrive and grow their business.

Almost 1,000 entrepreneurs answered our call for applications and together with investors, we reviewed almost 500 candidates. The selected startups were primarily selected based on: Innovation and scalability, Growth strategy, Management team, Market traction and financials. Our selection team also looked out for startups with a technology focus in the Digital Trade, Clean Tech, Smart Cities and Climate Smart Agriculture sectors.

The VC4A Venture Showcase has run since 2017. In the past years, 115 companies have been selected from across the continent as part of 8 Africa-based Showcase programs, resulting in a number of investment deals totalling USD 700M. Today, VC4A is also present in Latin America and preparing for the second edition of the VC4A Venture Showcase Latam.

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