The shortlist has been announced of five innovative companies which are in the running for the AfricaCom's AHUB Pitch & Win 2019 competition, in partnership with GSMA.
The winner will be the one that receives the most public votes. Entrants submitted video pitches on their business in order to be awarded a consultation with GSMA's startup experts, one-on-one introductions to investors, enterprises and peers and a pitching slot on the AHUB start-up stage. Additionally, the lucky winner will also be given two all-access passes to AfricaCom 2019, as well as AfricaCom's highly anticipated official networking party, AFest.
The five innovators competing for top honors are:
1. Greenfingers Mobile (GFM) -- an SaaS company that enables transparency in the value chain and digital IDs for small farmers. GFM replaces traditional pen- and paper-based farm management systems with a platform that collects farm and farmer details, baseline and household data for impact measurement, records yields and commercial transactions in order to build credit worthiness, monitor field extension staff activity, and to ensure that effective and timely assistance is provided in the field.
GFM allows agri-businesses and co-operatives to meet the criteria of food corporations, and ethical standards for different stakeholders. It allows integration of APIs and is crop agnostic.
2. MiMi Money -- a peer-to-peer mobile/blockchain technology company that reduces Africa's high cost of remittances. Africans pay the highest rates in the world to send money home, with an average cost of over 9% according to the International Organization for Migration. MiMi Money is especially useful and relevant for millions of unbanked Africans, while at the same time, creating a multitude of jobs for computer- and smartphone-literate African youth, as end process agents.
3. One Kiosk is reshaping retail across Africa by matching customers and merchants together in geographical locations that make it easier to deliver goods. One Kiosk is a safe, fast and secure platform leveraging GPS, artificial intelligence and machine learning to match customers to merchants within a 1-2km radius. The Nigerian company promises delivery within 20-59 minutes.
4. Rainmaker is changing the way destinations do business in the tourism industry and allowing more money to flow to the destination instead of losing, sometimes up to 60% of revenue, to channel partners. The VISTA Destination Network Open Platform and Ecosystem is an award-winning supply site platform, connecting hospitality and tourism businesses with each other.
It creates competitive advantages for all hospitality and tourism businesses in the destination, including local tour operators, gaining back control of the visibility, reputation and distribution for the entire destination and related businesses to become less dependent on market-dominating value chains.
5. Wireless Power (WiPo) cuts the power cord, enabling autonomous operation for ultra-high-powered industrial equipment. WiPo provides wireless powered solutions for drones, electric forklifts and factory robots, allowing automatic charging using wireless power. It has also developed a drone port solution that enables the autonomous operation of drones whilst automating charging of drone batteries without the need for human interaction.
Voting will close on October 18, 2019 at midday South Africa time. Watch all the entrants' video pitches and cast your vote here.
AfricaCom 2019 takes place in Cape Town, South Africa from November 12-14, 2019.
This year did not begin the way most people expected it to, so what does the future of the telecoms sector look like in Africa in 2020? In this Connecting Africa online event, local analysts and industry stakeholders will discuss what African operators’ priorities for the year should be and the most significant market trends expected to dominate in 2020.
Will MNOs focus on sweating their current assets rather than investing in new technologies like 5G?
What impact will COVID-19 have on the continent’s networks?
What are the hot market trends in Africa when it comes to voice, data and mobile financial services?
The majority of 5G in Africa is still in the testing stage. However, as operators prepare their networks for the technology jump, what strategies are they deploying to ensure they gain the full value that 5G can offer Africa? This digital symposium will give you an insight into the opportunities and challenges facing Africa’s 5G rollout, with some country specific case studies unpacked.
How 5G-ready is African enterprise?
Is 5G a priority for in Africa, should it be? Or can operators and businesses focus on growing their 3G and 4G networks for enterprise instead?
What are the most significant enterprise business applications for 5G deployment on the continent, and where can 5G facilitate IoT applications?
Africa was the birthplace of Mobile Money and while it continues to rise in popularity, the industry is quickly evolving and launching more mobile-based financial services every day. In this Connecting Africa online event, local analysts and industry stakeholders will discuss how telcos are disrupting the financial services space and what the rise of Mobile Money 2.0 will look like for Africa.
From cash to mobile: heading towards a cashless society
Expanding MFS offerings beyond mobile money transfers
MNOs vs banks vs fintechs: an evolving competitive landscape
Unconnected and unbanked: fintech to improve financial inclusion
The rise of micro-loans and insurance through mobile platforms
Africa has the fastest growing population in the world and also the youngest, with 60% of Africans under the age of 25. It is clear that the next billion connected are going to be the mobile-only generation. This digital symposium will bring industry experts together to discuss Africa’s digital divide and how to get devices into the hands of young Africans and empower them to join the digital revolution.
Who’s Driving? The role of government & regulator, private tech companies, and public-private partnerships
Device affordability: are we reaching a tipping point?
Status check: Satellite vs Fiber and the enduring infrastructure gap
Exploring the wider societal and economic benefits of a connected, digitally literate continent