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Browsing: challenges and opportunities in the African fintech landscape
- The Africa Fintech Accelerator program has increased the number of women-led startups
- The Accelerator program, launched in June 2023, is aimed at uplifting the digital economy in Africa
- The list, is majorly dominated by West and Central African states that command 11 enterprises.
Only one Kenyan fintech startup has made it through into the second cohort of Visa’s Africa Fintech Accelerator program.
Out of the possible 20 only CheckUps Medical Hub, an Embedded health Kenyan startup, made it to the shortlist. Tanzania got two representatives and Ethiopia also got one.
The list is majorly dominated by West and Central African states that command 11 enterprises. While Southern Africa only has three two from South Africa and one from Zambia.
According to the digital payments firm, Cohort 2 startups operate across 28 African countries, a 55 per cent increase from Cohort 1 where the representatives operated across 18 countries. …