Browsing: startup ecosystem

Bimalab Africa
  • The Bimalab Africa program is an innovation that brings together insurance innovators, technology partners, insurance firms, investors, and regulators.
  • BimaLab Africa will expand its footprint to accelerate 55 insurtechs in 15 African countries.
  • The initiative is dedicated to tackling pressing issues such as climate change, health, and gender disparities in the sector.

The Bimalab Africa Insurtech accelerator program has received $600,000 (about KSh85.9 million) in funding to expand its operations across Africa. Following the fresh financing round by the Swiss Re Foundation, the program is now set to grow to cover 15 countries across the African continent from the initial 10 countries covered in the 2023 program.

The program offers hands-on venture-building support to high-impact Insurtech start-ups that improve the resilience of underserved and climate-vulnerable communities.

The initiative is dedicated to tackling pressing issues such as climate change, health, and gender disparities while also addressing the challenges micro, small, …

AIM Global 2023
  • The Annual Investment Meeting and Emirates Angel Investors Association agree to turn UAE into a thriving base for startups.
  • The collaboration is expected to create a positive impact on the United Arab Emirates’ startup ecosystem. 
  • The partnership will link startups with a wide network of investors, as well as the necessary resources and mentorship.

The Annual Investment Meeting (AIM) and Emirates Angel Investors Association (EAIA) have joined forces to strengthen their efforts towards promoting startups. The collaboration between AIM and EAIA is expected to create a positive impact on the United Arab Emirates’ startup ecosystem. The UAE has been a fertile base for establishment and growth of startups. 

The partnership will provide startups with access to a wide network of investors. Benefitting entrepreneurs will also access necessary resources and mentorship to help them grow and succeed.

Commenting on the partnership, Director General of AIM Walid A. Farghal said, “The purpose