Catapult: Inclusion Africa 2021 to take place coming Thursday

14 fintech startups will showcase their technology and solutions during the CATAPULT: Inclusion Africa, a public pitching event that will see selected firms supported financially to enroll their solutions to masses. The event will take place online on Thursday next week and registration is open to the public to witness the pitching and awarding of the winners.

Those startups selected will also undergo business mentorship in a series of workshops and sessions designed by Catapult: Inclusion after and partners LHoFT.

The startups will pitch in front of jury, investors, and a public audience. The winner, to be dubbed “Best Catapulter” 2021, will be announced on the same day.

The mentorship will also be provided by investors from 16 other startups.

The event is sponsored by the Luxembourg’s Ministry of Foreign & European Affairs – Directorate for Development and Humanitarian Affairs. Other key supporters of the event include Alliance for Financial Inclusion, ADA, University of Luxembourg, MicroInsurance Network, and the European Investment Bank. The event, which was developed by LHoFT Foundation, builds up on the 2018 and 2020 editions of CATAPULT: Inclusion Africa.

Kenya’s Kotani Pay among major contestants 

The select firms that will participate in the event are mostly from Africa – especially Nigeria and Kenya, and then one from Israel and another two from France. Among the selected fintech startups in the event include Kotani Pay from Nairobi – which provides technology to other blockchain fintechs for them to integrate local payment channels.

Other startups include Emata, Moja Bank, Awabah, Mosabi, Mipango, Igugu Global, Cheromepay, Nokwary Technologies, Juakali, RePay.Africa from Kenya, Crop2Cash, Asimilia France, and Vooli Insurtech.

Kenya’s Pezesha – a peer-to-peer lending marketplace for low income borrowers, won last year’s catapult event as the Best Catapulter 2020.

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