These nine startups will be showcasing their innovations at the Africa Money and DeFi Summit in Accra Ghana

DeFi Summit

The Africa Money and DeFi Summit is a two-day event that will bring together the best minds and innovators in the Web3, Blockchain, Fintech, and Decentralised Finance (DeFi) space in Africa. The summit, which will take place in Accra, Ghana on October 3rd and 4th, aims to forge connections and bridge the gap between African ventures, corporates and global investors.

One of the highlights of the summit is the showcase of nine ventures that have been selected to pitch their cutting-edge Web3, Blockchain, Fintech, and DeFi businesses to investors and industry leaders, live on stage. These ventures represent the diversity and potential of the African technology scene, as they tackle various challenges and opportunities in the continent using innovative solutions.

The nine ventures are:

  • Hurupay (Ghana): A stablecoin payment platform that enables African businesses to accept stablecoin payments from customers as a more stable and reliable payment method, eliminating concerns related to currency depreciation or high transaction costs.
  • Save App (Kenya): A micro-savings platform that enables users to save their spare change for future use, disrupting the saving habits of African consumers and reshaping their perspective on spare change.
  • Coinazer (Nigeria): A Web3 crypto platform that provides a secure environment for users to safely buy, sell, and store a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more, empowering businesses and individuals with cutting-edge blockchain solutions.
  • PAL (Cote d’Ivoire): 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.
  • SaFi Protocol (Kenya): A Web3 startup that leverages Decentralized Finance (DeFi) to build climate resilience. The company seeks to bridge the global liquidity gap in the energy sector by tokenising qualified real world clean energy projects, with a deficit of $1bn funding gap in the Renewable Energy Sector in Africa and Southeast Asia.
  • VerifiBuy (Ghana): An e-commerce platform dedicated to bridging the trust gap between online buyers and sellers.
  • BluPay (Ghana): A digital payment solution platform that enables businesses and merchants to instantly receive MTN Mobile Money (MoMo) and card payments from their customers directly into their bank accounts.
  • One Chain Africa (Nigeria): A blockchain solution that aims to create a more inclusive and accessible blockchain ecosystem on the continent, enable stablecoin deployment for each country, integrate on-chain KYC infrastructure, and facilitate the growth and innovation of blockchain technology across the continent.
  • PayBox (Ghana): A cross-border payment and fund transfer platform across more than 23 African countries for Small and Medium Enterprises (SMEs) and Millennials.

These ventures will have the opportunity to showcase their products and services to a global audience of investors, partners, customers, and media. They will also receive feedback and mentorship from industry experts and leaders who will help them scale their businesses to the next level.

The Africa Money and DeFi Summit is supported by key industry stakeholders including Amazon Web Services, HBAR, EMTECH, Native Teams, One Liquidity, International Trade Centre, Raenest, BudPay, Fuse, Turaco, Okra, Wewire Africa, Waza, Fonbnk, Fez Delivery, Fincra and Semoa. The summit will connect African fintech and crypto leaders with international players who are interested in exploring the opportunities and challenges in the African market.

Read: CloudHop and Cloudflare partner to boost cyber security in Africa


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