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5 Nigerian startups, 36 others across Africa light up Web Summit in Lisbon

Starting next Monday, the world’s largest technology conference according to the Financial Times, will begin in Lisbon. This year the event has seen more participation from the African continent than ever before. From top speakers to startups set to compete among some of the world’s most highly sought after companies, here’s what they’ll be doing:

This year, Web Summit will welcome 41 startups from 13 countries in Africa. The five most represented countries are; Egypt (14), Angola (5), Nigeria (5), Rwanda (3), Kenya (3) and Tunisia (3).

Fintech startups have the highest representation of African startups, followed by eCommerce and Retail, and Enterprise Software Solutions.

Top speakers will include Nigeria’s Tunde Kehinde – Co-founder, Lidya on ‘Debunking the unbanked: Bringing payments to the masses,’

In an interview, he said “The concept of unbanked people is commonly referenced, especially within emerging markets. But is it papering over the cracks of a deeper problem? This session will explore how to best provide financial services to people in emerging economies, going beyond mere banking.”

Other speakers include Fouzia Adjailia – Roboticist, Department of Cybernetics and Artificial Intelligence, University of Kosice on ‘Our future doesn’t have to be a boring dystopia.’

Siyabulela Mandela – Lecturer, Nelson Mandela University, will be talking on ‘The long walk to peace.’

According to him, “The path to peace for any society after a period of conflict is fraught with danger. The majority of civil conflicts backslide within ten years of finishing. Shortening the path from conflict to peace is what this panel – including Nelson Mandela’s grandson – will explore.

Startup Growth Summit is yearly designed to bring together the founders and leaders of the world’s highest growth companies.

Analysts say top Nigerians and founders of African companies of tomorrow, which will define the technology of the near future include:

Olaedo Osoka – CEO, Daystar Power; he said “Expensive and unreliable power represent a heavy burden for Africa’s businesses, impeding their growth and development. In two years, Daystar Power has built an ecosystem to provide power to over 100 locations in West Africa. CEO of the company, Olaedo, will outline Daystar Power’s growth trajectory in bridging Africa’s power gap with clean and reliable power.

Tosin Eniolorunda – Founder, TeamApt; The founder of financial technology company TeamApt discusses his plans for expansion from Nigeria.

Olugbenga Agboola – Co-founder, Flutterwave Inc

Co-founder of Flutterave, Olugbenga outlines how and why he built his payments service.

During the summit, PITCH startup competition that brings together the world’s leading early-stage startups for a live on-stage battle will thrill participants.

Business Hilights gathered that of the near to 900 applications, 135 have been shortlisted to compete for the winning title.