All News

Startups in Rwanda

Startups in Rwanda  


  Many will be familiar with the prevalence of motorcycle taxis across Africa, particularly in East Africa where they are commonly called ‘boda bodas’. Their prevalence is fuelled by, amongst other factors, an ever-increasing demand for public transit and the relative affordability of motorcycles. However, the increase in the use of motorcycle taxis has resulted in an increase in life threatening road accidents. A need to make this indispensable mode of transit safer is where SafeMotos comes in. Launched in 2015 by Barrett Nash and Peter Kariuki, SafeMotos is basically an on-demand ride-hailing app akin to Uber/Taxify but primarily for motorcycle taxis. This company is one of many startups in Africa created with the determination to better the lives of the local population without dramatically changing the way people go about their daily lives. By monitoring the moto-drivers’ vehicle using telematics, the system weeds bad moto-drivers out of the industry – ensuring users order safe and professional motorcycles. Users select their pick-up point, destination and the quality star rating of driver they want – payment is then done through their SafeMotos wallet which is connected to mobile money/credit cards or using cash. In a commendable drive to empower women, SuperMotos marked 2018’s International Women’s Day with the addition of the first female moto-drivers to its network. Through SafeMotos Institute, a charity it launched in 2017, this principled startup crowdsources funding for recruiting and training female moto-drivers. The company has since begun developing a product that can match female users to female moto-drivers. Having logged over 400 000 trips in Kigali, SafeMotos will be expanding and launching in Africa’s third largest city, Kinshasa. It is likely, this immensely innovative startup will continue to grow – reaching a lot of cities across the continent.


  Founded in 2017, winner of 2018’s Rwandan leg of the Seedstars World startup competition, Benefactors is a factoring startup offering specialised financial services to help businesses shorten their cash cycles. In the absence of formal mitigating solutions, businesses all over the world fail because of cash flow issues. Founder and CEO of Benefactors, Olivia Zank identified a ‘solutions deficit’ to these issues and subsequently took on the task of providing Rwandan firms quick and flexible short-term liquidity products. The company supports firms by advancing them working capital against confirmed invoices from reputable buyers and charging a small commission on the advance.   For small and medium enterprises (SMEs), cash flow stability can be affected by a wide range of factors – Benefactors’ support allows SMEs to honour their urgent commitments, avoid resorting to illegal money lenders and to take advantage of growth opportunities. Although each deal is tailored to the needs of the individual firm, a uniform and transparent application process involving due diligence is required. The service has unsurprisingly proven to be very popular with high demand resulting in Benefactors reaching break-even point in June 2018. Considering its early success, Benefactors looks set to have a relatively easy ride on the road to find investors. Africa has benefitted from more funding in 2018 compared to the previous year, particularly for microfinance companies. Benefactors has raised $150 000 in a pre-seed funding round, money to be used for operations and technology. Benefactors envisions a future where it is operating across all East Africa by 2025.  


  Yubeyi is one of many e-commerce platforms sprouting across Africa. Launched in late 2014, is like Alibaba and Amazon though unlike these two giants who have warehouses, this startup relies on suppliers to ensure product availability. Although initially designed to cater for a wide range of products, Yubeyi has since moved to specialise in electronics. The startup company has since acquired more than 20 suppliers. Supposedly high withdrawal charges and low online payment usage influenced to ditch online card payments, with founder, Christophe Nkurinziza stating, “Mobile money can work here but card payments are a far-fetched idea because there aren’t many people using them and in addition banks charge a lot of money.” – Customers can order products and only pay upon delivery using either cash, mobile money, bank transfer or cheque. The idea of payment on delivery is to generate trust in a society which is sceptical of up-front payments. Although e-commerce is being implemented in various forms by many startups in the country, it is a new concept for the people of Rwanda. For e-commerce startups like Yubeyi to grow, there’s a need to invest in teaching the market how to effectively make use of the e-commerce platforms while highlighting the inherent benefits of it. “People’s mindset is the biggest challenge, but on the other hand, suppliers equally don’t understand these new technologies. For instance, we have to do all the work of facilitating suppliers to list their products on the platform and managing inventory,” Christophe bemoans To compliment the proposed investments in education, a strong effort to address the fear of online fraud among many Rwandans would go a long way in laying a solid foundation upon which startups like Yubeyi can grow.



  1. read more here.

    December 9, 2018 at 7:20 pm

    Ӏ know thіks website gives qᥙality based аrticles and extra
    material, is there any ߋter web site whicһ offers these kinds off information in quality?

  2. Sannytag

    December 11, 2018 at 5:09 pm

    Nice posts! 🙂

  3. Sannytag

    December 16, 2018 at 1:25 pm

    Look my site is good

  4. Andytag

    December 28, 2018 at 1:32 am


    April 18, 2019 at 1:37 pm

    And this is an investment risk value taking.

  6. Rodrigo Branco

    April 23, 2019 at 7:05 pm

    I’d like to thank you for the efforts you have put in writing this
    website. I am hoping to see the same high-grade blog posts by you in the future as well.

    In fact, your creative writing abilities has motivated me to get my own blog now


    April 23, 2019 at 9:26 pm

    A motivating discussion is worth comment. There’s no doubt that that you
    should publish more about this topic, it may not be a taboo
    matter but generally folks don’t speak about such subjects.
    To the next! All the best!!

  8. Connor

    April 23, 2019 at 9:59 pm

    Howdy! I understand this is somewhat off-topic however I had to ask.

    Does building a well-established blog like yours require a
    lot of work? I’m brand new to writing a blog but I do write in my journal on a daily
    basis. I’d like to start a blog so I can share my personal experience and
    thoughts online. Please let me know if you have any kind of recommendations or tips for
    brand new aspiring blog owners. Thankyou!

  9. Rodrigo Branco

    April 24, 2019 at 2:17 am

    It’s a shame you don’t have a donate button! I’d without a doubt donate to this superb blog!
    I suppose for now i’ll settle for bookmarking and adding your RSS feed to
    my Google account. I look forward to new updates and will share this website with my Facebook group.
    Talk soon!


    April 24, 2019 at 2:48 am

    I read this article completely regarding the resemblance of most up-to-date and preceding technologies, it’s amazing article.

  11. Rodrigo Branco

    April 24, 2019 at 5:16 am

    I’m gone to inform my little brother, that he should also pay
    a visit this weblog on regular basis to take updated from most
    up-to-date news.

  12. Leandro Martins de Almeida

    April 24, 2019 at 7:14 am

    Truly when someone doesn’t understand afterward its up to other viewers that they will
    assist, so here it happens.


    April 24, 2019 at 7:31 am

    Why users still use to read news papers when in this technological world all is accessible on net?

  14. Luiz Gastão Bittencourt da Silva

    April 24, 2019 at 10:47 am

    Superb site you have here but I was wondering if you knew of
    any discussion boards that cover the same topics discussed in this article?
    I’d really love to be a part of community where I can get
    feed-back from other knowledgeable individuals that share the same interest.
    If you have any recommendations, please let me know.

  15. Rodrigo Branco

    April 24, 2019 at 11:41 am

    Pretty component to content. I just stumbled upon your website and in accession capital to say that I get in fact
    loved account your blog posts. Anyway I’ll be subscribing on your augment
    or even I success you access constantly fast.


    April 24, 2019 at 1:10 pm

    Magnificent beat ! I wish to apprentice at the same time
    as you amend your site, how can i subscribe for a weblog site?
    The account helped me a acceptable deal. I have
    been a little bit acquainted of this your broadcast provided brilliant clear concept


    April 24, 2019 at 1:39 pm

    Hi, I do think this is a great website. I stumbledupon it ;
    ) I’m going to come back once again since i have book-marked it.
    Money and freedom is the best way to change, may you be rich
    and continue to help other people.


    April 24, 2019 at 2:05 pm

    Excellent post. I will be experiencing many of these issues as well..

  19. Cecila

    April 24, 2019 at 2:09 pm

    I always used to study article in news papers but now as I am a user of internet thus from now
    I am using net for articles, thanks to web.


    April 24, 2019 at 6:58 pm

    This is my first time go to see at here and i am genuinely impressed to read
    all at single place.


    April 24, 2019 at 9:43 pm

    As the admin of this website is working, no doubt very shortly it will be famous, due to its quality contents.

  22. Leonardo Martins de Almeida

    April 25, 2019 at 12:51 am

    Hi! I know this is kind of off topic but I was wondering which
    blog platform are you using for this site? I’m getting sick and tired of
    Wordpress because I’ve had problems with hackers and I’m looking at alternatives for
    another platform. I would be great if you could point me in the direction of a good platform.

  23. Carlos Eduardo Veiga Petrobras

    April 25, 2019 at 6:20 am

    What’s up, for all time i used to check blog posts here early in the break of day, for the reason that i love to learn more and more.

  24. Alisa

    April 25, 2019 at 7:43 am

    We are a group of volunteers and starting a brand new scheme in our community.
    Your site provided us with valuable info to work
    on. You have done an impressive task and our whole group might
    be thankful to you.


    April 25, 2019 at 7:55 am

    Hello there, just became alert to your blog through Google, and found that it’s truly informative.
    I’m gonna watch out for brussels. I will be grateful if
    you continue this in future. Lots of people will be benefited from your writing.


    April 25, 2019 at 10:53 am

    I was recommended this blog by my cousin. I am not sure whether this post is written by him as no one else know such detailed
    about my problem. You’re incredible! Thanks!


    April 25, 2019 at 11:51 am

    Hi there to every single one, it’s truly a nice for me to pay a
    visit this web page, it contains helpful Information.


    April 25, 2019 at 1:14 pm

    Hello just wanted to give you a quick heads up. The words in your article seem to be running off the screen in Ie.
    I’m not sure if this is a formatting issue or something to do with web browser compatibility
    but I figured I’d post to let you know. The design and style look
    great though! Hope you get the problem fixed soon. Cheers

  29. Rodrigo Branco

    April 25, 2019 at 1:32 pm

    Wonderful items from you, man. I have take note your stuff prior to and
    you are just too wonderful. I really like what you’ve obtained here,
    really like what you’re stating and the way in which through which you are saying it.

    You make it enjoyable and you still care for to stay it wise.
    I can not wait to read far more from you. This is really a terrific site.


    April 25, 2019 at 9:14 pm

    Hi there, i read your blog occasionally and i own a similar one
    and i was just wondering if you get a lot of spam feedback?
    If so how do you prevent it, any plugin or anything
    you can recommend? I get so much lately it’s driving me mad so any help is very much appreciated.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

The Two4Africa Team is determined to make this website very dynamic, trying to update the page as frequently as possible by also asking readers to contribute and release articles.


Mr Hubertus von Drabich
Newlands, Harare, Zimbabwe

Phone: +971 00 000 0000

Copyright © 2018

To Top