Bridging the gap between Africa’s current banking system that fails to help innovative African entrepreneurs emerge, Jumpstart Africa will operate with complete transparency so that those who contribute via the platform will always know exactly where their money goes – to the African entrepreneurs, innovators and artists it was meant for.
Working with top innovation centers, incubators, and associations throughout Africa to help people reach out and support its initiative, the platform has selected a number of projects to be live on site during launch. Some of them include:
- Unmanned Ariel Vehicle: Moses Gichanga from Kenya has developed a low-cost Unmanned Aerial Vehicle technology to help monitor and prevent poaching and the slaughter of wildlife in Africa.
- Solar Cooking Stove: Rose Twine from Uganda has developed a low-cost smokeless solar stove that can also charge your phone and light your house for the price of only two months of regular charcoal consumption.
- TeaBag Water Filter: Professor Eugene Cloete and his team at Stellenbosch University in South Africa have developed an affordable water filter called a “teabag” that fits into the neck of a standard sized water bottle.
Zrikem continued: “Did you know that many of the products used on a day-to-day basis by consumers around the world were invented by Africans – the traffic light, the elevator and the pressure cooker? Obviously, these kinds of ideas have greatly impacted people worldwide and we have noticed that Africa’s talented entrepreneurs are growing in numbers and are creating innovative solutions that will propel Africa’s future.”
Another Crowdfunding platform based in South Africa called Thundafund is also helping entrepreneurs raise funds to pursue their dreams on the continent.