Nigerian agri-fintech startup XchangeBox has emerged as the overall winner of the 8th edition of Catapult: Inclusion Africa, a prestigious continental accelerator that celebrates startups driving financial inclusion and impact innovation across the continent.
Held in Nairobi, Kenya, the five-day bootcamp brought together leading African fintech innovators committed to expanding financial access for underserved communities. Organised by the Luxembourg House of Financial Technology (LHoFT) with support from ADA NGO and the Luxembourg Government, the programme focuses on impact, scaling, and funding, and runs alongside the African Inclusive Finance Week.
“Winning in Nairobi validates our belief that liquidity should flow to the people who feed our nation,” said Abiola Jimoh, CEO of XchangeBox. “It’s both a validation and a call to scale faster, smarter, and more responsibly.”
XchangeBox’s model accelerates the speed of agricultural finance by enabling funds to reach farmers within days instead of months—boosting trust and productivity across value chains. The company’s partnerships with FaLGates and Agrovesto further strengthen this mission, providing instant payments and financing support for smallholder farmers.
Founded in Nigeria, XchangeBox uses digital platforms to improve liquidity flow, transparency, and trade efficiency in agricultural finance. The startup also targets global agro-commodity supply chains, facilitating trade between Africa and international markets in products such as sesame, hibiscus, grains, and charcoal.
Jimoh emphasized key insights from the accelerator:
“Structure unlocks trust. Impact and scale must travel together. And partnerships accelerate reach.”
As Catapult continues to nurture Africa’s most promising fintech innovators, XchangeBox’s victory symbolizes a new generation of African enterprise—data-driven, inclusive, and globally competitive.
