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Meet the 11 Disruptive Startups Selected for Cohort 3 of ASIP Accelerator Program

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Startupbootcamp AfriTech,  Africa’s leading tech Accelerator, together with founding partner and leading telecom giant, Telecel Group have selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Program (ASIP).

Startupbootcamp AfriTech 3s

The intrinsic value of startups in Africa lies in their ability to build fast and effective solutions to pressing challenges. Over the years another key aspect has come to the fray; scaling across borders. The ASIP Accelerator has managed to help founders fine-tune their business models while also facilitating entry into new markets such as Senegal.

This has been possible through a historic partnership with DER/FJ, which was established to advance Entrepreneurship for Women and Youth in Senegal by the President of the Republic, His Excellency Macky Sall. Giving a keynote at the event, Senior Innovation Lead Adrien Schwarz said; “We are impressed with the work that the ASIP and Startupbootcamp AfriTech are doing and are excited that there were three times more Francophone founders compared to the previous years. This validates the caliber of startups in Francophone countries and shows that their exposure to acceleration has improved. It is also wonderful to see the progress that the past Senegalese startups namely Proxalys, Parcsmart, and Yobante have made”

Founded by telecom giant Telecel, the Africa Startup Initiative Program (ASIP) aims to support the next generation of early-stage African tech startups that are disrupting key industry verticals that include FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health, and CleanTech, Mobility, Micro-leasing, and digitizing the informal economy.

Eleanor Azar, Executive Deputy of the Group and ASIP Director said:” we are very proud of the great effort that was put into this cohort 3 of the ASIP Accelerator Program powered by SBC AfriTech – we have exceptional startups with innovative and positively disruptive ways of treating the African challenges that they have set out to solve and build their Startups around. We are also exceptionally proud that the number of female founders has increased. And to those who did not make it into the top 10, we wish you all the luck, you should be very proud that you have come out on top of more than 2,000 applications received into the program in cohort 3.

Other partners include the Dutch Entrepreneurial Development Bank (FMO), AWS, Freshworks, Google, and Firstbase.

Participants will receive an intensive three-month coaching and support program to accelerate their growth and benefits worth $750,000 USD. Startups will also have access to the global Accelerator Squared platform which has a complete library of content, group workshops, 1:1 mentoring, collaborative sessions with Entrepreneurs in Residence, and invite-only discussion forums with founders from around the globe.

The program will take place in Dakar, Senegal and startups will be hosted at the D-hub, – a space commissioned by DER/FJ.

“We’re excited by the quality of startups in this cohort,” commented Program Director Henry Ojour. ”About 30% of them have applied before, 60% applied on the recommendations of an alumni founder and 50% of them have monthly revenues above $50,000.00. Cohort 3 companies are building in over 12 verticals we have a 30% female-founder ratio. It’s going to be 13 weeks of far-reaching progress & impact.” He added.

We are honored to announce that the following startups will be joining the 2023 ASIP cohort 3:

Kyanda Africa; is a revolutionary Kenyan fintech platform that provides businesses and individuals with convenient and reliable money transfer solutions. The startup has a network of agents, API gateway, and various access channels such as USSD, Mobile App & WhatsApp Chatbots making the services customizable dependent on the users’ needs

PharmaServ; is a Nigerian SaaS product, which automates the process of sales orders, tracking sales team performance, and reconciling incoming purchase orders, payments, and invoices for health brands. This is a labor-intensive process that is still predominantly manual for most local companies in emerging markets.

Sodishop; is a Malian marketplace, an online sales and purchase platform, present in 4 countries in West Africa, we deliver thousands of orders per month across Mali, Senegal, Guinea, and Côte d’Ivoire.

BD Waste; is a Ghanaian GreenTech startup that combines fintech and sustainability to recover Plastic waste from communities. Their Digicycle product allows customers to directly deposit plastic waste into their digital wallets and receive credit for it. This credit can be used to purchase data packages, airtime, food items, stationery, and health insurance.

Limawa; whose Senegalese founder operates in Côte d’Ivoire aims to tackle the issues of food conservation and transportation through solar-powered split air conditioners that can reach -2°C (designed in CI by our team). Limawa offers an innovative and cost-efficient alternative to industrial compressors for the cold chain industry. This solution is suitable for trucks, containers, and trailers.

Parkwell; is a Nigerian online sharing platform that matches drivers with available, safe parking spaces and helps property owners list their parking spaces for optimum use. The digital parking platform integrates parking facilities and connects it to mobile for a seamless experience.

Jand2Gidi; also from Nigeria, offers ‘Logistics As A Service’ to B2B and B2B2C customers whose users are engaged in cross-border trade. They have built shipping APIs to provide the same hassle-free, transparent, and trackable shipping services to their B2B merchants to enable them grow faster after nearly a decade of building robust, cutting-edge freight forwarding and last mile delivery services

Moja Ride; from Côte d’Ivoire has made its mission to enable better and cleaner mobility services to African cities by making financing easy and accessible for all transportation professionals. Drivers and transport companies can easily qualify for new car loans and car repairs by simply working with Moja Ride’s advanced digital fare payment and booking technologies.

SafeTrack; is a Moroccan technology startup that allows a 75% reduction in water consumption for irrigation at 20% of the price of its competitors. Their IoT solution of geolocation and monitoring is 100% mobile, has simple maintenance and does not require any IT infrastructure. Composed of revalued smartphones and sensors and other affordable devices, and a cloud software platform developed internally.”

Chestify AI Labs; from Ghana provides an AI platform that gives a highly accurate algorithm for diagnosing chest X-Ray pathologies. Two-thirds of the world’s population of over 5 billion people with no access to a radiologist and radiologic diagnostic support tools and Chestify’s mission is to aggressively tackle the socio-economic and health distress created by inadequate radiology Infrastructure and the presence of fewer radiologists in Africa.

Yoonema; is a Senegalese social e-commerce platform that offers a frictionless, unique, and simplified experience to e-buyers who desire quality products and B2B players who offer a full global e-commerce experience to their clients.

The ASIP Accelerator powered by SBC AfriTech will culminate in a Demo Day on 25 May 2023 where startup founders will pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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African Women Hit Hardest as Mobile Internet Gender Gap Persists

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African women remain among the most digitally excluded globally, with smartphone affordability and digital literacy among the key barriers. New data from the 2025 GSMA Mobile Gender Gap Report, launched recently, reveals a persistent global gender gap in mobile internet use across low- and middle-income countries (LMICs).

It further notes that literacy, digital skills, safety, and affordability of data also remain critical barriers. The report highlights that 885 million women across these regions still do not use mobile internet, with nearly 60% of them living in Sub-Saharan Africa and South Asia.

While mobile internet is the primary way women in LMICs access the internet, offering critical lifelines to health, education, and financial services, the pace of female adoption has stalled, leaving 235 million fewer women than men connected.

Claire Sibthorpe, head of digital inclusion at GSMA, highlighted that the gender gap had narrowed significantly between 2017 and 2020, but progress flatlined in recent years.

Although 2023 brought a slight improvement, restoring the gap to 15%, 2024 saw minimal change, with the gap settling at 14%.

The disparity is most severe in Sub-Saharan Africa, where women are 29% less likely than men to use mobile internet.

“It’s disheartening that progress in reducing the mobile internet gender gap has stalled. The digital divide is driven by deep-rooted socio-economic and cultural factors that disproportionately impact women,” said Sibthorpe.

GSMA projects that closing the gender gap by 2030 could add $1.3 trillion to GDP across LMICs and deliver $230 billion in revenue to the mobile industry.

The report, funded by the UK FCDO, Sida, and the Gates Foundation, stresses the urgent need for targeted investment and policy action to bridge the digital divide and ensure that no woman is left offline.

“The mobile internet gender gap is not going to close on its own. It is driven by deep-rooted social, economic, and cultural factors that disproportionately impact women,” said Sibthorpe.

 


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₦800 Billion Infrastructure Plan Set to Boost MTN’s Network Quality Nationwide

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In a recent interview, MTN Nigeria reaffirmed that its ongoing infrastructure investment is a strategic step to improve network quality, speed, and nationwide coverage.

Speaking on Beyond the Headlines with Nifemi Oguntoye, Ugonwa Nwoye, Chief Customer and Experience Officer at MTN Nigeria, explained that although public concern is valid, the company undertook several internal cost-efficiency measures before making structural adjustments.

She emphasised that improved investment is critical to fast-tracking improvements across MTN’s network.

Nwoye explained that MTN undertook extensive internal reforms before embarking on structural changes needed to support this scale of investment.

The company completed its phased roll-out of the increase between February and March, ensuring that every existing data plan was below the 50% increase, and most remained below 25%.

She also noted that customers were proactively informed about all changes, particularly when certain legacy plans were retired and replaced with new ones. “We gave customers six to eight weeks’ notice,” she explained.

“This is why it has taken us some time to complete this process, where we let customers know that at a certain date, this particular tariff is not going to exist.”

Nwoye stressed that MTN had exhausted other internal measures before turning to broader structural updates. Now, with the new pricing structure in place, the company is accelerating its investment in infrastructure, spending over ₦200 billion in the first quarter of 2025 alone, a 159% increase from the same period last year. A total capital expenditure of ₦800 billion is planned for the year.

She noted that this investment is a direct outcome of long-term operational restructuring aimed at improving service quality.

She added, “We are investing over ₦800 billion this year alone in our infrastructure. This will translate into better customer experience, reduced congestion, faster internet speeds, and wider network reach.”

This investment will support the upgrade of over 1,000 cell sites and the expansion of more than 2,000 transmission links nationwide.

Nwoye stressed that these upgrades are designed to deliver faster data speeds, fewer dropped calls, and broader network reach, especially in underserved areas.

She acknowledged the public’s expectations for immediate service improvements but emphasised that large-scale infrastructure takes time to deploy.

Nonetheless, MTN expects customers to begin experiencing visible improvements in network performance by the second half of the year.

In a sector where service quality and customer satisfaction are closely watched, MTN maintains that its ongoing investments are not merely capital commitments but vital enablers of improved digital experiences across Nigeria.


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Remita’s Bold Leap: Nigeria’s Fintech Giant Expands Across Africa

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Remita, the pioneering Nigerian payment technology platform developed by SystemSpecs, is charting a bold new course with its planned expansion into markets across Africa.

What began as a payroll feature in an HR application has now become a robust ecosystem processing over ₦60 trillion annually—one that stands on the verge of reshaping the continent’s fintech landscape, Mr. Deremi Atanda, Managing Director/CEO of Remita Payment Services Limited, says in an exclusive interview that will grace the cover of eGovernance Nigeria Magazine.

The forthcoming edition of eGovernance Nigeria Magazine, a publication of the Technology Times media brand owned and operated by Digital Transformation Media Limited (DTML), will spotlight this extraordinary journey, and present Remita’s evolution as an inspiring tale that informs, educates, and entertains readers about indigenous innovation making global strides.

“We’ve become an ecosystem of rails, products, and services—robust,” Atanda, Managing Director/CEO of Remita explains during the exclusive interview with eGovernance Nigeria Magazine.

“Layering all of that with the many different customers we’ve had, typically every year we process in excess of maybe ₦60 trillion in transactions in Nigerian Naira. And this can only grow, especially as we begin to think of a vibrant Pan-African expansion. We’re at the fringe of that.”

In a compelling narrative that mixes grit, vision, and innovation, Atanda recounts Remita’s early days. “What many people know today as Remita actually started out as a feature within our HR/payroll application.

“You process salaries, and you just want to pay—so just remit salaries. And by the way, that’s where the name ‘Remita’ came from: Remittance. We just took out one ‘T’ and left it at ‘A.’”

Even the company’s logo carries symbolism of that transformation. “I don’t know if you’ve seen our logo—it has three dots, in ascending size. There are many stories in that logo. It started as a feature, and then we brought it out as a product,” Atanda explains.

Yet the road was not without its bumps. “The first time we brought it out as a product was to bid for the National Pension Commission. This was in 2004, with the PenCom Act.

“We packaged this into a product in less than two weeks to take care of end-to-end pensions as it was conceived. Trust me, that vision is still viable today. But we lost that bid.”

Undeterred, SystemSpecs pivoted. “We went back and said, ‘What do we do with this asset?’ If it’s not going to work for pensions, let it become a product. And that’s how we renamed pensions.com.ng as Remita, and it became a product.”

As demand grew, Remita expanded beyond payroll. “Some people want to do their own payroll and just make payments, so let them have a site to go to. Later, it evolved into not just payroll payments. People wanted to do other types of payments. If you want to do non-salary payments, you go to Remita,” he says.

Today, Remita has fully matured into a standalone company. “So those three things—feature, product, company. That’s been the evolution.” With a Tier 1 licence from the Central Bank of Nigeria, Remita is now a fintech powerhouse. “We do switching, we do payment service provisioning, we do super agency, we do terminals—everything you can think about. We provide some basic services within the payment space, including payment service advisory.”

A lesser-known chapter of Remita’s growth includes building Nigeria’s first account-to-accountswitch. “Before TSA, we had built a rail—Nigeria’s first account-to-account switch, worked with all the banks. Not many people know that story. Account-to-account. The front of it, the application, and the rail—first of its kind.”

On the pivotal Treasury Single Account (TSA) deal with the Federal Government of Nigeria, Atanda reveals, “TSA was a happenstance. The government was looking to solve a problem, and we were looking to get regulated. It’s that term people use—when they say ‘luck,’ it’s just preparation meeting opportunity.”

Reflecting on the journey, he adds, “These have been some of those moments where you feel validated, where the visionary leadership that set the business up feels the vision is being realized.”

Today, Remita employs over 300 Nigerians and looks beyond its home shores. “The vision is huge, and we’re committed to that. So, we see exponential growth, and we’re positioning for that.”

Mr. Shina Badaru, Chairman of DTML, says Remita’s story is an inspirational example of local innovation with global relevance. “Remita’s success highlights the critical role of indigenous technology solutions in redefining Africa’s digital economy,” he says.

“As the cover story of the next issue of eGovernance Nigeria Magazine, we aim to showcase how homegrown innovation is not only solving problems locally but is also poised to transform markets across the African continent.”

According to Badaru, “Remita’s inspiring journey connects seamlessly with our article of faith to continue to showcase Nigeria’s growing contributions to the global technology industry.”

eGovernance Nigeria Magazine is a flagship DTML platform with operations across print, digital, TV, events, and e-commerce channels.

“This feature not only celebrates Remita’s evolution,” Badaru adds, “but also signals a pivotal shift in the narrative of Nigerian and African technology—from survival to scale, from local impact to continental transformation.”

As Remita sets its sights on Africa, it is poised to bring financial inclusion, digital infrastructure, and innovative fintech solutions to new and underserved markets. With a strong foundation and visionary leadership, the company is ready to deliver the next phase of its remarkable journey.


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