10 Southern African startups were awarded R90,000 each.
- The initiative is aimed at providing low-cost and appropriate savings and de-risking products for the low- and middle-income market and lending solutions for SMEs.
- The award ceremony was held in South Africa.
- Six of the winning startups are from South Africa.
- Two are from Lesotho.
- One is from Botswana.
- One is from Namibia.
- The awardees went through an eight-week investment readiness program.