Sabi

Sabi, founded in 2021, is a promising venture-backed company from Nigeria that stands out in the fields of B2B, IT Infrastructure, and Information Technology. The company operates with the slogan, "Sabi enables secure, reliable, traceable sourcing of critical and rare earth minerals from Africa." Its focus is on crafting a digital infrastructure, rather than serving as intermediaries, for the sourcing of critical minerals and rare earths.

The key offering from Sabi is its proprietary TRACE platform, which ensures real-time, source-to-export traceability for ten mineral value chains. This includes valuable minerals such as lithium, cobalt, tungsten, tantalum, and antimony. The platform connects global buyers with vetted miners and producers in Nigeria, Zambia, Zimbabwe, and other crucial markets, highlighting features like traceability, export credit, financing, and compliance reporting.

Recently, Sabi secured a $38.00M Series B investment on 19 May 2023, led by investors such as CRE Venture Capital, Proof VC, CommerzVentures, Janngo Capital, Norrsken22, and Fluent Ventures. This capital infusion underlines the robust confidence investors have in Sabi's innovative approach to transforming mineral supply chains across Africa.