Venture Spotlight: ATradezone

The Health Entrepreneurship (HENT) Challenge’s first cohort is visiting Toronto this summer, where they are continuing their implementation phase through activities targeting business development, expanding entrepreneurial networks and facilitating exposure to potential investors. 

The HENT Communications team caught up with the ventures to learn more about the origins of their companies, what they’ve learned to date, and what is coming up next... 

ATradezone - RWANDA

Prior to starting ATradezone, founder Depute Alphonse Ndayizeye, observed the fragmentation between Africa’s many manufacturing companies. He noted that existing, traditional platforms caused business owners frustration and did little to solve the problem at hand. Alphonse knew that it takes a lot of effort to piece together multiple services to effectively run businesses. 

Furthermore, he observed that the issue had resulted in a complicated supply chain and sourcing, which led to slower and more expensive processes. Alphonse set out on a mission to solve these supply chain and market penetration challenges by leveraging blockchain and Artificial Intelligence-powered technology in their platform solution. The solution allows manufacturers to optimise internal process from production to supply chain and sales management operations. It also provides product performance traceability and product monetisation in supply chain process.  

While in Canada with the 2022 HENT Challenge Delegation, Alphonse has been actively pursuing a co-founder to join forces with him. Through this collaboration, he aims to establish the incorporation of his business and drive its expansion within the Canadian healthcare industry, with a specific focus on those entering the African market.   

What is the accomplishment to date that your team is most proud of?   

Since ATradezone’s launch in 2021, the venture has on-boarded 554 registered manufacturers as customers, generated upwards of 60,000 transactions, and earned a revenue of $55,000 from an initial $19,000 investment. 

If you could give advice to another founder getting started, what would that be?   

“Doing entrepreneurship is not an easy thing! It requires a strong team with hard work and persistence after defining a clear vision and mission for your company.” 

With the potential to capture at least 40% of global trade by 2030,  ATradezone is planning to expand their services to the East African Community within the next 12 months, before rolling out their product to the remainder of Africa. Through their expanding work, they hope to increase intra-African trade from 19% to 50% by 2030.  

You can learn more about ATradezone by visiting their website.  

Meet the Top 16 African Start-Ups in the 2022 Health Entrepreneurship Challenge

Sixteen innovative healthcare start-ups have won their place in the African Impact Initiative’s Health Entrepreneurship Challenge 2022: a first-of-its kind program that seeks to advance early-stage entrepreneurs in Africa.

This pilot initiative of the African Impact Challenge (AIC), in partnership with the Mastercard Foundation, is supported in collaboration with three University of Toronto accelerators—"The BRIDGE”, Health Innovation Hub (H2i), and ICUBE—as well as programming support from expert African investors, founders and mentors. Ashesi University and the African Leadership University are also playing a key role on the continent as institutional partners. Modeled from experiences with African-based accelerators that The BRIDGE and AIC supported in 2020-21, the program attracted more than 227 startup applications from over 500 founders, including early-stage entrepreneurs at collaborating network institutions in 20 African countries.

Among 148 teams engaged in pre-incubation training, the top 30 were determined by a selection committee composed of representatives from each partner. Sixteen start-ups comprising 42 founders came out as winners, each receiving stage-based venture funding (up to $25,000 CAD per team), plus an additional $20,000 CAD per team to cover the cost of travel and accommodation. Of the winning start-ups, which are based in eight different African countries, 80 per cent include female founders. All teams are currently engaged in an incubation phase that offers comprehensive entrepreneurship training, coaching, and mentorship. Then in 2023, teams will have the opportunity to spend three months in Toronto expanding their entrepreneurship network. 

The program’s incubation phase culminates with a Hybrid Investor Pitch Day on Friday, December 2, 2022 at 9:00am (ET). Attendees and investors will help provide feedback and vote for winners of additional grant funding ($30,000 CAD) for deserving teams. Please register here to join the event either virtually or in person.

The Top 16 Start-Ups

Atradezone - Rwanda: Leveraging blockchain technology with Artificial Intelligence (AI) capabilities that help health manufacturers produce on demand, create distribution channels, advance digital marketing, manage their sales, and accept online payments while promoting cross-border trade.

ChuChu pads - Ghana: Specializing in producing and distributing reusable sanitary pads that are inexpensive, widely available, and environmentally beneficial.

DoctorsLive - Kenya: Providing personalized and on-demand digital mental health care targeted to individuals' specific needs.

Emergency Response Africa - Nigeria: Building the largest network of first responders, emergency vehicles, and hospitals that can connect anyone experiencing a medical emergency to get help in minutes.

Food Bundles - Rwanda: Building a digital solution to optimize the distribution of fresh organic produce at affordable prices by linking smallholder farmers to consumers in cities.

GIC Space - Cameroon: Designing, developing, and promoting cost-effective and cutting-edge medical technology solutions, adapted to the African context, to address health challenges in Sub-Saharan Africa.

iWell Bio Tracker - Uganda: Developing a wearable watch that accurately measure body vitals (including partial saturation of oxygen, temperature, physical activity, pulse rate, and blood pressure) in real time with the remote monitoring of a physician.

Lima Technologies - Rwanda: Building an integrated software system that links smallholder farmers with their target markets.

Medical Street International Co. Ltd - Uganda: Building a digital-based marketplace and procurement platform that enables healthcare providers to find and deliver medical supplies to their workstations across Uganda.

MedPack - Tanzania: Digitizing pharmacy services, delivering medication and other pharmaceutical items, and educating the public on the proper use of medicine.

Moto - Mauritius: Building a life-saving transportation option incorporating an ambulance-backed model into available and existing taxi services.

Rocket Health - Uganda: Leveraging telemedicine and an end-to-end digitally supported platform for prevention, diagnosis, care, and treatment for patients with chronic illnesses.

Shamba Data - Rwanda: Providing live data that helps companies to understand food security and availability, market integration, as well as import and export information in the African context.

Syna Consultancy - Kenya: Providing equitable and inclusive sanitation solutions by paying special attention to the needs of persons with mobility challenges.

Urukundo Initiative – Rwanda: Redefining comprehensive sexuality education and life skills education in Africa through an innovative award-winning product: Urukundo Life Skills Board Game, available both physically and digitally.

Vectorgram - Kenya/Mauritius: Building health-tech infrastructure products targeted at large-scale digitization of the healthcare process in Kenyan hospitals to increase the scale of reach, solution efficiency, and cost-effectiveness of service provision.

We would like to extend our sincere gratitude to our institutional partners in Africa and for their significant contributions to the African Impact Initiative’s Health Entrepreneurship Challenge 2022, and their continued support of future programs:

  • Addis Ababa University

  • African Institute for Mathematical Sciences (AIMS)

  • African Leadership University

  • Amref International University/Amref Health Africa

  • Ashesi University

  • Kwame Nkrumah University of Science and Technology

  • Moi University

  • University of Cape Town

* The University of Toronto, Mastercard Foundation, and the African Higher Education Health Collaborative aims to develop Africa's next generation of leaders and entrepreneurs!