Industrial journalist, TR Cutler recently reported African startup companies are creating new and dynamic solutions are responding to economic changes, trends, and technology. Read more in the May issue of Manufacturing Outlook magazine.
According to Cutler, the African continent is quickly becoming the new Silicon Valley. Some of the intriguing breakthrough startups include Heyfood, based in Ibadan, Nigeria. As the DoorDash for Africa, the company is targeting Gen Zs, millennials, and urban professionals in Africa’s top 70 cities — a number that might reach 140 million within the next decade.
Cutler also highlighted Numida. The Uganda-based company started six years ago and provide working capital loans for African micro-businesses; applicants frequently in the industrial or e-commerce sectors apply for working capital on its platform and receive funding within a day.
“Topship provides a platform where merchants can export and import cargo, freight, and parcels to suppliers, distributors, and customers. Topship is building a ‘Global Distribution System’ that makes delivery of parcels, cargo, and freight easy for African businesses,” noted Cutler.
Twiga Foods and Opibus – both Kenyan-based, were named on TIME’s 2022 list of the 100 Most Influential Companies in the world, both listed under the ‘Disruptors’ category. This second edition highlighted businesses making an extraordinary impact around the world. TIME editors evaluated each company on key factors, including relevance, impact, innovation, leadership, ambition, and success.
Cutler will continue to profile the growing manufacturing segment in Africa which will overtake India in population by 2040.
Jacket Media is the parent company of Manufacturing Outlook magazine. The publication highlights current manufacturing trends.
Thomas R. Cutler is celebrating the 23-year anniversary of the Manufacturing Media Consortium, a group of 9000+ editors, journalists,…
