On 17th November 2018, during Seedstars Banjul, MoneyFarm won the Gambia’s round of Seedstars World and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD 1 million in equity investment.
MoneyFarm, an agro-business platform that connects target investors with agropreneurs in Africa and manage the agreements between the two parties., was selected the best startup in Gambia for its innovative sustainable solution. As a part of the prize, MoneyFarm will be participating at the Seedstars Summit, taking place in Switzerland in April 2019. It is a weeklong training program which includes the opportunity to meet the other 65 winners from other fast growing economies, as well as investors and mentors from around the world. The final day of the Summit is dedicated to pitching in front of an audience of more than 1000 attendees, with the possibility of winning up to USD 1 million in equity investment.
Kameko with it’s solution to help riders get the nearest Ryde Africa Taxi using smartphone or Dispatcher Call Center, came second and Nesthet, which is a mobile clinic that offer home visits, home base care and emergency response for clients at home grabbed the last spot in the top 3. The other startups invited to pitch were Assutech with Leka, Educare, GamDiary, Pay365, Tecqil and Wonma.
The 9 startups pitched in front of a prestigious jury, including Ousainou Sosseh, Regional Manager, TAF Africa Global; Seedy Bensouda. CEO/Founder, InSIST Global; Momar Diop, CEO, ADNCORP; Isatou Jah, Chief Information Technology Officer, QCell; Fatim Badjie Sinyan, CEO, Ace Communication.
Continuing on its world tour of startup scenes in emerging markets and fast-growing startup scenes, Seedstars World’s next stop is Tanga in Tanzania, to select the best startup in that region. Seedstars World is looking for smart startups that solve regional issues and/or develop profitable products for the global market.