12 African start-ups to pitch their work at Africa 2017

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Fri, 08 Dec 2017 - 10:39 GMT

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Fri, 08 Dec 2017 - 10:39 GMT

Attendees of the second day of Africa 2017 Forum heading into the forum venue in Sharm El Sheikh - Press Photo

Attendees of the second day of Africa 2017 Forum heading into the forum venue in Sharm El Sheikh - Press Photo

CAIRO – 8 December 2017: Twelve African start-ups have been selected to pitch their businesses at the Africa Forum 2017 on December 8 and 9 to investors, private equity firms and venture capital firms to secure funding for their business expansion and growth.

Chosen from over 100 applications across Africa, each of the 12 companies will have a 30-minute window to showcase their companies at the Deal Room at the conference venue.

Leading African economic intelligence company Asoko Insight ran the selection process. “African businesses are rapidly growing in number and sophistication, but the challenge of positioning themselves in front of institutional investors and global corporations, remains,” Asoko CEO and co-founder Rob Withagen said.

The selected companies are working in the fields of agriculture, agribusiness, transport and logistics, and manufacturing.

Two of the 12 companies are Egyptian; Simplex, which works in light manufacturing including textiles, leather, paper, plastics, food and beverages, and Tagaddod that works in biodiesel production.

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