Three Rwandan startups have been listed among the best 100 startups in Africa to invest in this year by myafricanstartup. Myafricanstartup is an African platform that facilitates the linking of startups with the general public and the media
Ared: ARED’s Mobile Solar Kiosk (MSK) provides a one-stop shop destination for mobile users in rural and semi urban areas.
The startup, an integrated distribution channel of key services such as airtime, mobile money, intranet/internet etc… for people at the base of the pyramid by adopting a micro franchise model is the key to solve the unemployment issue among the youth and vulnerable communities. A micro-franchisee start making money as soon as the kiosk is on the ground.
Mergims: The Mergims mobile application links members of the African diaspora directly to traders in their countries of origin, thus enabling them to pay tuition fees, airtime, electricity and more for their relatives living on the continent.
Having closed a US$50,000 investment round late last year, the startup has now expanded its scope from simply serving the diaspora, allowing all Rwandans regardless of their location to pay for services such as DStv and Canal+ using a web app.
VugaPay: VugaPay is a fast and safer way to send and receive mobile money payments online without sharing your financial information.
With VugaPay, you can: Send or receive mobile money to these countries Shop online with mobile money. With VugaPay, you can: Send or receive mobile money , Shop online with mobile money, Pay online with your VugaPay balance, mobile money, bank account, or credit card, Pay for bills at the comfort of your home or workplace, Donate to your favorite charity and Use your PayPal or credit card and earn rewards.