TechInAfrica – Tanzania is still in the emerging stage of its startup ecosystem, but that doesn’t stop startups from growing in the country.
The new existence of the Tanzania Startup Association also strives to lift the scene, an effort made by the government and the various stakeholders in the country.
Keep reading to find out more about the rising Tanzanian startups in 2021:
The team behind NALA money comes from diverse backgrounds, with the CEO living for a few years in the USA before returning to his home country, and members that span across seven countries.
Their mission is to bring a secure and reliable payment without hidden fees and instant delivery of money.
The app can be used offline, and the startup has raised a total of $220k funding so far.
The startup delves into the world of fresh fruit markets, being the connector of businesses and fruit farmers. Their target ranges from retailers, wholesalers, local vendors, restaurants and cafes, to hotels and exporters. Over 500 customers have happily using the company service, and the company is firm in its mission to distribute foods in the most efficient ways, so food waste becomes nonexistent in the country. It has received significant funding of $7.3m, with the latest one undisclosed in March with Yale Africa Startup Review.
Jamii is a mobile micro-health insurance, subscribed by 20,000 active users, 400 active hospitals, and has raised $3.6m of funding so far, with the latest round led by NewWave Technologies at $2m. The insurances they offer cover for individuals up to a family of four.
Coined as Africa’s first pan-continental airline, the airline is known for its low-cost flights, as well recipients of many accolades, such as the winner of World Travel Awards 2020 as Africa’s leading low-cost airline, Skytrax World Airline Awards 2019 as Best African Low-cost Airline, among others.
It has flown over 3.5m domestic and international routes, with a punctual schedule and affordable tickets.
The company has total funding of $28m as of now.
As an emerging player in the market, Tanzania’s few startups are bringing promising potentials for the growth of the economic sector of the country. It is up to the spirit of various stakeholders, from incubators, accelerators, to community-driven causes to spike the interest of young entrepreneurs to start their journey in Tanzania, along with support from the government to normalize the startup ecosystem in the country.