Lagos – Five startups and one investor have appeared as recipients of Africarena Lagos Fintech, Mobility & Logistics Summit.
The summit, held at eco hotels and suites on Victoria Island in Lagos, Nigeria, was a visceral victory in West Africa's powerful fintech, mobility and logistics ecosystem.
The summit was held in collaboration with AWS startups Giz, Reddington, Vontech Group and Methis to showcase West African skill by creating world-class technical talents and dazzling talent.
Convened in line with the 21st AVCA Conference and VC Summit, the summit brought together global venture capitalists, industry pioneers and emerging startups for all-day events focused on pitching sessions, strategic networking and partnership opportunities.
Being a participant at the event, Mrs. Kay, Director of Communications and Director of Social Influence at Salad Africa, told African technical success stories with her outstanding storytelling skills as the Master of Ceremony of the Event.
Deepankar Rustagi, founder and CEO of OmnireTail Technology, gave an insightful keynote entitled “Narrating Fintech Journey: From Headlines to Hustle.”
“We're looking forward to seeing you in the future,” said Jane Egerton-Idehen, CEO of Nigerian Communications Satellite Limited and founder of Vontech Group.
“This year's Africa Lanaragos Summit, featuring over 20 startups that showcase sectors such as fintech, logistics and mobility, proves this as startups continue to address the pressing needs of Africa.
“It demonstrates the value in supporting startups to attract funds, meet investors and find access to strategic partnerships.”
“We've seen a lot of effort into making our products a reality,” said Daniel Von Ritter, Head of Components at Giz/Digital Transformation Center Nigeria.
“Overall, this partnership meets all expectations. I would like to thank and congratulate you on your highly prepared and successful debut in Lagos.”
“We're committed to providing a range of services to our customers,” said Dan Mabbyalas, Director of Africaise and Head of Products & Programs at Africane.
“This year's summit has been more than just an event, it is a powerful gathering of Nigeria's most dynamic founders, investors and ecosystem builders, tied together by a shared vision for the future of Africa.
“We have witnessed a spirit of bold ideas, game-changing innovation, and undeniable collaboration.
“Congratulations to all the startups that pitched, especially the winners. Your journey has just begun.
“If anything is proven by this summit, it's not only about the rise in the technological ecosystem in Africa, it's unstoppable.”
Each of the 20 pitching startups demonstrated a diverse and versatile skill set that empowered them to build and expand innovative and groundbreaking startups.
When the event reached its peak at the awards ceremony, five best startups and one investor were announced as winners of the next award.
Best Fintech Startup Award: Paysika (Roger Nengwe Ntafam, Founder and CAMEO, Cameroon) Best Logistics Startup Award: Retail Loop (Emeka Ehinze, Founder & CEO, Nigeria) Best Ecommerce Startup Award: Kamel (Aminu Ibrahim Hashim, nigeria, lolade Startingunters, lolade startingups: kk kowoundeder Business Communication Project Manager, Nigeria) Best Seed Startup Award: Vetsark (Nigeria, CEO, Blessing Mene) Most Attractive Investor Award: Al Mada Ventures (Morocco) Most Promising Entrepreneur Award: Adashi (Ahmed Idris, Founder, Nigeria)
Each recipient has qualified for up to USD 25,000 on AWS Active Credits and automatically advanced to the grand finale at the African Lana Grand Summit in Cape Town, South Africa in December.
“We are pleased to announce that we are committed to the development of our efforts to ensure that we are committed to the development of our business,” said Mukami Wai Naina, director of investment at Armada Ventures, who has been awarded African Lana's Most Attractive Investor Award on behalf of Armada Ventures.
“Thank you for giving VCS five minutes of fame and cry.
Ahmed Idris, founder and CEO of Adashi, was awarded the Africarena Most Comprising Antrepreneur Award.
“It's more than personal perception: a signal that solutions like ours built in Africa can change how communities access savings, credit and financial dignity.
“The award promotes our willingness to continue building, innovating and lifting more lives through technology.”
Kamel CEO Aminu Hashim said he left at the Africarena Best e-Commerce Startup Award.
“For our team, it's not just a perception, it boosts confidence, momentum and visibility as we continue to build a platform that makes e-commerce more comprehensive and accessible to entrepreneurs in Nigeria and beyond.
“We are extremely grateful to Africarena, Giz and other partners for shedding light on startups like us.”
Lolade Alonge, Business Communications Project Manager at Koolboks, is excited for her victory.
“This recognition examines our team's efforts and dedication to innovation in the energy sector.
“The $25,000 AWS credit will become a game changer for Koolboks, expanding its predictive maintenance IoT platform, ensuring a vision for continuous cooling for clients, even in the absence of electricity.
“With AWS, you can optimize your infrastructure, enhance your data analytics, improve your platform reliability, and ultimately provide more value to your customers.
“The award not only increases our credibility, but also opens up new opportunities for collaboration and expansion.
“We look forward to representing Africa's innovative spirit at the Cape Town Grand Finale and continue our journey to transform grid-off-grid refrigeration across Africa.”
The Africarena Europe Scale Tour 2025 will be held in May. Here, Africane wins the best African tech startups with Africane London Summit and Africane Berlin Summit. Get tickets to London and Berlin here.
