Lisk Blockchain, a core blockchain ecosystem with significant roots in Africa, unveiled its second Cohort of promising African ventures in its renowned Lisk Incubation program.

In Brief

• Lisk Incubation Program offers six months of intensive mentorship, access to protocol tools, and up to $100K funding for African Web3 startups.

• Cohort 2 features 20 diverse ventures—from SACCO governance (BlockCoop) to healthcare IDs (Imis HealthCare) and renewable energy tokenization (EneageX).

• Alumni gain critical support in business modeling, tokenomics, legal navigation, and marketing, positioning them to scale local solutions globally.

The program’s core aim is to provide startups with the necessary tools, mentorship and finance to take their solution to the next level.

Batch 2 of the Lisk African Incubation Hub features 20 dynamic startups that leverage blockchain to tackle more than just financial exclusion.

Here are key highlights on some of the brands representing Africa’s Web3 future.

Lisk Incubation Program Fueling Africa’s Web3 Ascent.

A lot of individuals often assume Africa will dominate the Web3 industry due to its fragmented financial services.

However, this is a drop in the ocean; decentralization and blockchain offer a vast array of opportunities in Africa.

CHECK OUT:Lisk Blockchain Expands Into Africa: Empowering Millions Through Incubation Programs and Hackathons

For instance, blockchain solves land disputes and corruption, democratizes access to the justice system, democratizes access to energy, and even ensures that voting actually has meaning.

With this in mind, numerous startups have emerged, each seeking to address real issues plaguing Africa through the use of blockchain technology.

Despite the zeal, ingenuity, and hunger for change, most startups don’t go that far. EnterS Lisk Incubation program is an initiative powered by Lisk Blockchain and CV labs.

The Web3 incubator program is an intensive and immersive six-month training where upcoming African blockchain startups gain the mentorship they need to translate their vision into scalable reality.

It offers a structured curriculum and a robust network to help startups grow from local brands to joining big leagues like Yellow Card and Base Africa.

The program also provides funding of up to $100,000, covering key factors such as business model refinement, tokenomics, and legal navigation in Africa while offering much-needed marketing strategies.

CHECK OUT:Why African Blockchain startups need more incubators and accelerators

Participants also gain access to the Lisk protocol infrastructure, enabling them to update existing models or create all new features.

The first Cohort was a success, with $196,000 in grants awarded at various stages of the programs, tokenizing over $1.8 million in assets and processing more than 20,000 blockchain transactions.

The first Cohort features the likes of Tata-Mali, PokeCoin, NomaChain, Jamit and Afrikabal.

Showcasing the Batch 2 Innovators

With a keen focus on mobile-first web3 solutions, this year’s batch is a tapestry of diversity and ambition with some unique use cases for blockchain in Africa.

Some of the few noteworthy brands taking a step out of the norm include:

BlockCoop

With blockchain dominating the financial sector, BlockCoop takes a different tangent and utilizes the technology to support SACCOs(Savings and Credit Cooperative Organizations)

Essentially, the platform focuses on providing corporate solutions with decentralized governance throughout East and West Africa.

Saccos have formed the bedrock of most unofficial investment groups for SMEs and the majority of Africa.

Informal groups, such as Chamas or Collective Investment Schemes, have long dominated the financial sector of Africa.

BlockCoop comes in to provide a more efficient and transparent system within Saccos. Participants of Saccos, alongside their roles, are automatically verified by the protocol.

In addition, the chain facilitates the buying and selling of SACCO shares, making it easier for members to participate in the cooperative and providing new avenues for gain.

It utilizes an open-source, permissionless blockchain protocol and features smart contracts that execute the cooperative agreements.

Imis HealthCare

With the Lisk Incubation program shifting its focus towards finance, Imis HealthCare presents a new perspective on how blockchain can transform healthcare.

The organization is a cloud-based, AI-powered health-tech platform with a keen focus on transforming healthcare access and delivery in Africa.

As per Lisk’s definition, it’s a B2B health tech marketplace and SaaS platform powered by AI.

The firm leverages blockchain technology to develop and manage health IDs for patients and providers, utilizing smart contracts deployed on the Ethereum blockchain.

To democratize healthcare, the platform has explored the use of Daos for healthcare governance and patient empowerment.

Its success has led to the development of Imis Findr, an AI-powered marketplace that matches patients with appropriate healthcare professionals, specialists, and facilities based on their needs.

Lisk incubation program, Web3 incubator program, Crypto venture capital

, African blockchain startups, mobile-first Web3 solutions, Blockchain funding, Web3 adoption in Africa

Swahilies: Crypto Payments

With a main focus on East Africa, Swahili offer Whatsapp-based crypto payments using blockchain.

Currently, in Africa and globally, WhatsApp has become a major means of communication.

Swahilies target these large markets to offer mobile-first web3 solutions, enabling easy crypto trades right from the comfort of one’s home.

EneageX

With Africa being one of the world’s foremost sources of energy, EneageX is an AI and blockchain-powered platform focused on renewable energy tokenization.

The firm’s unique approach to providing distributed energy via the power of blockchain landed it a stop on the Web3 incubator program.

Project Oryx

Project Oryx is a decentralized reward platform that enables Web3 ecosystems to launch, manage and validate on-chain contribution-based incentives via blockchain.

Lisk powers the platform, allowing freelancers to showcase their skills and receive rewards for completing “bounties.”

These are essential tasks posted by sponsors and project protocols col, who later deposit rewards into escrow.

The organization operates on its native token (Orkyx Token), and teams build and submit on-chain and off-chain proofs for variations. The teams with the highest score claim a reward.

Additionally, the web3 startup offers staking services, ensuring credibility and only allowing high-end submissions, maintaining a proper work ethic.

Other platforms that successfully secured a chance to gain blockchain funding, mentorship and resources include:

• DeFI products revolving around democratizing finance in Africa: Azza Finance, EthQub, Lucred, MyAza, Rafiki, RemittEase, and Studio Claris(Prosperi)
• Blockchain companies with a key focus on democratizing healthcare: Lifeline and Therabot
• African blockchain startups promoting RWA tokenizations focusing on implementing Web3 in real-world issues: AxiMobility and Niteon
• Web3 Media platforms introduce better revenue streams for African artists, such as Audioblocks and Delight Production.
• Decentralizing employment and providing better incentive protocols: Workday

With essential blockchain funding, structured support via the Lisk incubation program, and strategic crypto venture capital partnerships, they are exceptionally well-positioned to scale.

As they grow, these ventures have the potential to transform local markets and reshape global perceptions of how Africa innovates and addresses its challenges.