The Africa Money and DeFi Summit has announced nine ventures selected to showcase their cutting-edge web3, blockchain, fintech, and decentralised finance (DeFi) businesses to investors and industry leaders live on stage in Accra, Ghana on October 3-4.
Organised by the creators of the Africa Tech Summit Series, the Africa Money and DeFi Summit West Africa is focused on driving tech investments and fostering collaborations. It brings together industry experts, investors, regulators, and innovators to discuss the latest trends, challenges, and opportunities in the African fintech and web3 landscapes.
With a focus on forging connections and bridging the gap between African ventures, corporates and global investors, the West Africa edition drew applications from Ghana, Kenya, Nigeria, Uganda, South Africa, Zambia, Namibia, and Ivory Coast.
The selected startups include four from Ghana, in the shape of Hurupay, a stablecoin payment platform; VerifiBuy, an e-commerce platform dedicated to bridging the trust gap between online buyers and sellers; BluPay, a digital payment solution platform that enables businesses and merchants to instantly receive MTN Mobile Money and card payments; and PayBox, which is driving innovation in cross-border payment and fund transfers across more than 23 African countries for SMEs.
Kenya is represented by Save App, which has launched a micro-savings platform that enables users to save their spare change for future use, and Safi Protocol, a web3 startup that leverages DeFi to build climate resilience. Nigeria also has two representatives, namely Coinazer, which is empowering businesses and individuals with cutting-edge blockchain solutions, and One Chain Africa, which aims to create a more inclusive and accessible blockchain ecosystem on the continent.
Completing the cohort is Ivory Coast’s PAL, a digital banking platform and liquidity provider acting as an off-ramp for remittance and payments companies seeking to innovate cost-effectively within the Francophone African market.
