PricePally wins First Prize at the SA Innovation Summit Africa Cup.

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Frankfurt (Germany) and Capetown (South Africa). GreenTec is very happy to report that PricePally has been awarded first prize at the 2020 Africa Cup competition at the South Africa Innovation Summit. The Africa Cup is a center-stage competition providing start-ups and early-stage companies in all tech-enabled sectors from around the world the opportunity compete and showcase their solutions to a global audience. Our Nigerian portfolio company PricePally beat out 11 other start-ups to take home the top prize.

The Africa Cup’s goal is to promote and develop the entrepreneurial creativity of start-ups who are disrupting the traditional ways of doing business. Due to the on-going pandemic the summit and Africa Cup competition were held virtually. PricePally was awarded the top prize by a panel of industry leaders and Africa experts. The Nigerian company secured 1st prize with the uniquely implemented buying culture of the PricePally platform, where people can buy food in bulk or share bulk purchases directly sourced from farmers and wholesalers. The prize includes access to training, services, and investor matching.

GreenTec is proud to see its investee portfolio company performing well at international competitions, which further testifies to innovative nature of the company’s solution and the team’s capability in delivering the business model. The win at the Africa cup is just the latest success for the Lagos-based company, following on the recent deployment of major updates to the PricePally app for Android and iOS devices.

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