CategoryAfrica

Unexpected connections in Fledge Barcelona

A doctor in Nigeria decides he could make more impact growing chickens.  Not just growing them one by one or 1,000 by 1,000, but by launching a company where middle-class Nigerians can fund Nigerian farmers to raise chickens, sharing in the profits. Meanwhile, a Nigerian nurse decides she could make more impact working with widowed and single women smallholder farmers, helping them automate...

Meet the Fledge11 Fledglings

Fledge begins again!  10 intense weeks for seven new fledglings.  This time in a brand new city, Barcelona. We’re excited to have a cohort filled mostly with West African companies.  For the previous ten sessions we’ve had quite a few East African and Southern African startups, but none in person from Ghana before. We’re even more excited that two of these companies are founded...

Ziweto Enterprise makes an Acquisition

Back in March, ImpactAlpha shared the news that Ziweto Enterprise purchased its distributor, Alfa Medics.  The rest of the story is quite telling about African startup economics. The story began back in 2016, with the Ziweto founders reaching out to Fledge, seeking introductions to investors for up to $200,000 to buy Alfa Medics.  Upon searching the world, we found less than a handful of fund who...

The Sanitation Fund and its first $20,000 investment

The idea of having a whole family of seed funds rather than one big pool of capital continues to resonate with investors and serve the needs of entrepreneurs.  Case in point, the new Sanitation fund, and it’s $20,000 revenue-based loan to JOELEX. The impetus of this fund was rather simple.  A small handful of investors saw JOELEX’s pitch on Demo Day (below), talked to Joel, and...

Beyond Capital invests in East Africa Fruit

From Beyond Capital: In March, Ben Grozier, our Associate and member of the Beyond Capital Investment Team, met a smallholder farmer working a two acre plot of land in rural Tanzania, who was hoping to sell enough produce this season to feed, clothe, and educate his family. This farmer’s produce cannot easily be brought to market without waste or spoilage, and so he struggles to make a...

Meet the Fledge10 Fledglings

The fledglings are back in Lima, from Monday, July 3rd through Friday, September 1st. Seven exciting startups from five different countries: AESA Foods grows bees in Nicaragua and sells honey and other bee-related products. Nicaragua. www.facebook.com/pg/AESAFOODS AMIntegrated Aerial radically improves agricultural yields in Nigeria and beyond through the use of aerial robotics in crop dusting...

Golden Cat – Fresh Produce from Rwanda

How can one company solve the problems of poverty, hunger, and food safety and all it does is grow fresh fruits and vegetables. Golden Cat is a two year old mission-driven, company doing just that, in Rwanda. Rwanda is a poor, but quickly developing country.  80% of the population are smallholder farmers.  Half of the 11 million people are under the age of 18. In order to feed this growing...

Toward a Profitable Africa

Africa Business Radio deems itself a media platform with a purpose, driven to provide content that offers success for business across Africa. One of the 6 startups from Fledge9, based in Johannesburg, South Africa, founder Soji Akinlabi has grown this business from just 1 streaming radio show two years ago to over 15 shows today. Each show strives to ask the question: How will this information...

Doing your business in Uganda

Talking about doing your business, Americans take for granted how simple it is to “do your business”, flush, and get on with the day? Not the case in Uganda. The dirty truth is that only 6% of 36 million Ugandans have access to safe, clean sanitation facilities. The 3 million people in Kampala share just 1,000 flushable toilets. Fledge9 introduces Joelex, a Ugandan startup with a mission to not...

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