By Tony Obiechina, Abuja
As part of its vision to be the leading Pan African Tech lab investing in African Innovations, Adanian Labs will be hosting a demo day where 25 shortlisted start-ups will face a panel of adjudicators for a chance to be selected as the final five successful start-ups to be incubated at Adanian Labs South Africa.
Adanian Labs is a dynamic ecosystem that aims to innovate, nurture, launch and scale disruptive solutions that will be part of the 12-month Venture Building programme. This will see start-ups receive USD120 000 worth of pre-seed funding.
According to Adanian Lab’s CEO, John Kamara, “Local partnerships are key in realising the Adanian Labs’ vision. It excites us to have created strategic partnerships with local entrepreneur. As Adanian Labs, we aim to build the next generation of socially impactful and commercially driven companies that will change the world from Africa”.
Mr Kamara explained that the five selected startups would join the Adanian Labs first cohort of 2022 internationally, as they would also join start-ups from other countries such as Kenya, Tanzania, South Africa and Zambia.
He further stated that the Adanian Labs venture building program will offer a blend of technology development, technical support, business mentorship, access to market, partnerships and funding while helping startups apply lean principles in processes, learning, iteration and scaling of their innovations.
“Adanian Lab’s mission is to build 300 impact-driven tech startups that are commercially viable and scalable across the continent and beyond, with a vision to create an exponential impact on the African economy through youth empowerment”, he added.
Since its establishment in 2020, Adanian Labs has incubated 14 groundbreaking tech startups across sectors; they have established a first in Africa partnership with Emurgo Africa. Emurgo, the commercial arm of Cardano, have raised seed funding for four of its existing start-ups such as; Afya Rekod – a consumer-driven digital health data platform; Phema Agri – an agriculture crowdfunding platform; Paylend – an SME credit lending solution; and others such as Twaa, eCobba, Reward Adz, Bloow and Ada Animation.
The Demo event for the 25 shortlisted startups took place on 24th and 25th of January, 2022, during which the selected startups included, Loopserv Ltd, Kondo, Lombaz Swift, Medtech Africa, Smartiphy Ventures, Byte, Betalife, Ntapi (in-tapi), Losode, Kalibotics, Genera Finance, Ikonik, Kainos Enterprise., Really Easi, EDUEASE, TechonomyAfrica, PersonaRise, Kobopay, LabTest.ng, Agbaye.com, KHUDU, OMNIA (DEFI), BASIRA.
