Six Rwandan startups win the 2022 Google's Black Founders Fund for Africa

Six Rwandan startups among 60 startups selected as beneficiaries of the Google for Startups Black Founders Fund in Africa 2022.

Six out of the 60 technology startups across Africa selected by Google for the Black Founders Fund are Rwandan-led.

According to Google, the selected startups will receive $100,000 in non-dilutive cash awards, paired with up to $200,000 in Google Cloud credits per startup.

The 60 technology startups are drawn from 10 African countries namely; Botswana, South Africa, Kenya, Nigeria, Rwanda, Cameroon, Ghana, Senegal, Uganda and Ethiopia.

Nigeria tops the list with 23 startups, last year Nigeria had 26 startups.

Below is the list of the selected startups from Rwanda;

1) BAG Innovation (Rwanda): BAG Innovation is a virtual and gamified platform that offers real-time access to experiential learning for university students and recent graduates

2) Bailport (Rwanda): Baliport is a cross-border, multi-currency payment platform focused on enabling Intra-Africa & Africa Outbound money transfer through Blockchain.

3) Exuus (Rwanda): Exuus empowers informal saving groups with a digital ledger, digital wallet, decentralized social credit score, and instant micro-loans to both groups and individuals.

4) Kapsule (Rwanda): Kapsule is a data as a service company that helps healthcare providers, insurers, and pharmaceutical companies to make better decisions.

5) PesaChoice (Rwanda): PesaChoice bridges the gap in liquidity for low-middle income earners across the continent and drives access to financial services.

6) Pindo (Rwanda): Pindo is a cloud communication platform for businesses, optimized for developers.

The startups will also receive ongoing hands-on business and technical mentorship from Google’s network of mentors and facilitators, learning the best practices on a range of topics from artificial intelligence, organizational culture, people management, to growth strategies and more.