Browsing: African accelerator programmes

Africa's-Fintech-industry
  • The Africa Fintech Accelerator program will remain open until August 25th, and the first cohort will debut in September. 
  • Plug and Play, the world’s leading innovative platform will partner with Visa to ensure the program’s success.
  • Visa committed to invest $1 billion in Africa by 2027.

Africa’s fintech Industry is the continent’s most rapidly growing economic activity. Its growth to fame has attracted plenty of investors and international organizations, each trying to promote the adoption of digital money globally. In recent news, Visa is accepting applications to its Africa Fintech Accelerator Program, urging blockchain-based and fintech startups to sign up.

Africa’s fintech accelerator program

To further the continent’s digital transformation, Visa took an active role in supporting Africa’s fintech industry. This global payment technology company has officially opened applications for the Africa Fintech Accelerator Program. The main aim of this endeavour is to revive the adoption rate of digital money …

Flat6Labs
  • Flat6Labs was one of the crucial investors that contributed to the $3 billion tech investments in 2022, and it continues to shake Africa’s tech ecosystem.
  • Ramez El-Serafy and Dina el-Shenoufy have agreed to invest in more than 160 early-stage startups over the next five years.
  • African tech startups received $3 billion in investments in 2022.

Egypt’s startup accelerator company, Flat6Labs, has announced $95 million in VC funding to boost early-stage technology startups in Africa.

Also, Read Young African investor. Sign up for Dream VC fellowship programmes.

This VC funding for tech startups will focus on three promising territories; North, West and East Africa.

Through this initiative, Flat6Labs aims to extend its reach in newer territories such as Nigeria, Ghana, Kenya, Morocco and Senegal. According to Egypt’s startup accelerator, Africa has proven its might within the tech industry producing several revolutionary companies that can change the trajectory of the tech

The Baobab Network
  • The Baobab network has called for applications for the Cohort 1, 2023 accelerator programme 
  • The accelerator programme is designed to give Entrepreneurs in Africa  the funding and platform they need to take their ideas  global.
  • The programme will offer start-ups $50,000 USD in funding, a three month cohort program including personalised two-week consultation sessions with tailored support, in exchange for 10 percent equity.

The Baobab Network has called for applications for the Cohort 1, 2023 accelerator programme aimed at supporting Africa’s boldest innovators to scale homegrown solutions.

The accelerator programme is designed to give Entrepreneurs in Africa the funding and platform they need to take their ideas  global.

The programme will offer start-ups $50,000 USD in funding, a three month cohort program including personalised two-week consultation sessions with tailored support in exchange for 10 percent equity.

Their venture team works with startups to accelerate growth, build capacity and unlock the