Courtesy of The Africa Report, a ranking of 20 high potential African startups:

Remember these names: In a few months, these companies will probably make headlines on news sites – specialised or not – on the continent, and perhaps beyond. To establish the list of the 20 startups to watch in 2023, we took the pulse of those who, in this highly competitive sector, make or break it: the most active investors in Africa.

We asked them to choose young companies both in and outside their portfolio, and to limit their selection to businesses that had their first fundraising (seed) after 1 January 2019.

After analysing the responses of over 20 investors, we were able to establish this list of the most promising startups on the continent. Among them you will find startups that have raised barely £100,000 ($126,019), as well as more established ones that have already raised tens of millions. The essential criterion for this selection is not the amount of funds raised, but the potential.

Not surprisingly, it is in the fintech and e-commerce sectors that the majority of these potential African unicorns operate, with companies created in Anglophone Africa, particularly Nigeria, leading the way. From transportation to services, including healthtech, the vanguard of continental startups has members in almost all cutting-edge sectors.

The notable exception is one sector that is still in development: cleantech, which addresses the need for adaptation to climate change by populations or companies, but does not yet provide comfortable revenue.