DriveMate Raises $2.2M Series A

Development Bank of Nigeria Plc

The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria. Our partners include: - World Bank (WB) - African Development Bank (AfDB) - KfW Development Bank - French Agency for Development (AFD) - European Investment Bank (EIB) Our objective is to alleviate financing constraints faced by MSMEs and small Corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.

Dangote Industries Limited

Driving Africa’s economic growth through industrial excellence and empowering lives.

Indigenius AI

AI = Afrikan Intelligence. Powering Afrika's boldest businesses and most visionary creators. Your home for real-time, multilingual voice AI agents that speak with soul.

Stears

Stears is a financial data and software company providing global professionals with data on private capital in Africa. For fund managers investing in Africa, Stears is the financial data provider that enhances your due diligence process. Unlike other data providers, Stears goes beyond data to provide deep insights and context based on knowledge of local markets and on-the-ground research teams.

Powerstove

Powerstove is the world’s first and only clean cooking stove to achieve built-in IoT System technological feature. Powerstove uses biomass pellets that fuels the complete combustion of efficient, smokeless stove that creates heat of 1000 degrees in less than 3 minutes, which allows the stove to cook foods 5x faster than any traditional stove. This implies your food would cook in just few minutes! An interesting feature is, this innovative stove produces an off the grid electricity of 50 watts of continuous power, providing enough energy to charge phones, lights, camera, watch tv and lots more. Surplus electricity is stored in an attached Lithium ion battery allowing users to charge additional devices via USB in real time whenever they need it; even when the fire is off! With its built-in battery and four-speed fan, the fan regulator allows users to control the temperature while cooking, giving user a cleaner, and better flames to cook their meals and charge their phones. The stoves are equipped with an IoT System with internal computer chips that controls the fan, electricity supply, and also data transfers over 2G/3G network by using input sensors and output components to control all these functions. Powerstove is currently the world’s first and only clean cooking stove to achieve built-in IoT System technological feature.