Browsing: Google African Startup Black Founders Fund

The grant recipients in this year’s cohort, 50% of whom are women-owned enterprises, are from Kenya, Botswana, Ethiopia, Cameroon, Ghana, Rwanda, Nigeria, and South Africa. Senegal, and Uganda.

They specialise in sectors such as fintech, healthcare, e-commerce, logistics, agtech, education, hospitality and smart cities.

Although there are many opportunities in the vast continent of Africa, there is a lack of variety in the flow of venture capital funding.

“We expect that Black Founders Fund Program would be capable of bridging the gap of disproportionate funding between ex-pat businesses over local and black-led enterprises”, Folarin Aiyegbusi, Head of Startup Ecosystem Sub-Saharan Africa (SSA), stated.

Applicants are required to have a start-up business in its early stages, have black founders or diverse founding teams, and have their headquarters located somewhere on the African continent.

In addition to being beneficial to the African Community, the start-ups should be capable of developing technological solutions for both the African market and the global market, and they should have both the potential to grow and the potential to create jobs.

To submit an application, potential applicants need to go to the website where they will be prompted to provide their email address.