Web3 Startups in Africa

Web3 in Africa is gaining traction, with local players like H2O, Jambo, and Scorefam making waves. The buzz among business leaders is positive, seeing Web3 as an opportunity for innovation, financial inclusion, and economic growth. However, there are challenges such as infrastructure and regulation that need to be addressed for wider adoption.

Total Sectors
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Market Map

22 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
ComiBlock
ComiBlock
Nigeria

ComiBlock gives users access to invest in actively managed and diversified crypto portfolios.

-
Pre-seed
-
11-50
No Data
MUDA
MUDA
Uganda

Muda is a B2B fintech company providing cross-border payments and stablecoin liquidity solutions for enterprises.

-
-
-
1-10
No Data
MaishaPay
MaishaPay
Dr Congo

MaishaPay seeks to establish itself as a banking solution in rural areas generally disadvantaged by banks in Africa.

-
-
-
2-10
No Data
SodaWorld
SodaWorld
South Africa

Connecting African creatives to the world via an entertainment Megaworld

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Pre-seed
-
2-10
No Data
H2O Securities
H2O Securities
South Africa

H2O Securities is Solving Water Scarcity Through Blockchain Finance

$150M
Initial Coin Offering
-
11-50
No Data
Jambo
Jambo
Congo

Jambo is a Congo-based firm that is creating Africa’s web3 user acquisition gateway.

$38M
Series A
-
2-10
No Data

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