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HomeUncategorizedTech: Here are the 10 African startups selected for the 2018 Zambezi...

Tech: Here are the 10 African startups selected for the 2018 Zambezi Prize for Innovation in Financial Inclusion

The finalists will join leaders from the MIT and African tech ecosystems in Nairobi later this month.  Zambezi Prize was established in 2015 to discover Africa’s most promising and innovative early-stage start-ups.The competition will award a total of $200,000 in prizes.The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), in collaboration with the Mastercard Foundation has announced finalists for the 2018 edition of the Zambezi Prize for Innovation in Financial Inclusion.The prestigious competition, awarding a total of $200,000 in prizes, was established in 2015 to discover Africa’s most promising and innovative early-stage start-ups that promote and advance financial inclusion on the continent.ALSO READ: Two Nigerian startups, 9 others selected for 2018 Ecobank Fintech ChallengeHere are the selected African startups:1. Apollo Agriculture (Kenya)2. Bidhaa Sasa (Kenya)3. FarmDrive (Kenya)4. Farmerline (Ghana)5. LanteOTC(South Africa)6. MaTontine (Senegal)7. OZE (Ghana)8. RecyclePoints (Nigeria)9. Tulaa (Kenya)10. Wala (South Africa)The finalists will join leaders from the MIT and African tech ecosystems on August 28 and 29 at the 2018 MIT Open Mic Africa Summit in Nairobi, Kenya.The two-day event will include a VIP reception followed by the award ceremony at Strathmore University where the grand prize winner will be awarded $100,000. Two runners-up will each receive $30,000 while the seven remaining finalists will each receive $5,000 in cash prizes.Additionally, the Legatum Center will award $5,000 to an African entrepreneur who demonstrated great leadership qualities to unify Africa’s tech ecosystem.Also from Business Insider Sub-Sahara Africa:I visited the 6 Google Stations in Lagos and here’s what I found out about the free Wi-Fi6 Nigerians who hold leadership positions at top international organisationsNigerians are signing a petition against the high cost of internet subscriptionHere is the list of 60 houses reportedly traced to Nigeria’s Deputy Senate PresidentTwitter has started clamping down on fake followers, here’s what you will noticeYou will be surprised at the 19 people Nigeria’s Buhari follows on TwitterHere’s why Nigeria is not in a hurry to sign the continental free trade agreementThese 6 banks invested N155.

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