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Home Accelerator

Startupbootcamp AfriTech’s ASIP Accelerator has selected 10 startups.  

Tech Gist Africa by Tech Gist Africa
10/30/2023
in Accelerator, Opportunities, The Big 5
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Startupbootcamp AfriTech’s ASIP Accelerator

Startupbootcamp AfriTech’s ASIP Accelerator

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Following a three-day selection event attended by approximately 40 mentors, investors, partners, and industry experts, ten startups have now been chosen to participate in the fourth edition of the Startupbootcamp AfriTech’s ASIP Accelerator.

They will now take part in the three-month program, where they will get resources, coaching, and access to a network of investors and industry professionals. 

The selected startups also received the amount of $18,000 in equity investments.

The first pan-African startup accelerator supported by multiple corporations, Startupbootcamp AfriTech was established in 2017.

Nigerian startups make up five of the selected ventures, and they are:

  • 10mg Pharma, which employs an AI algorithm to pair healthcare providers with financing partners.
  • Betapawa Solutions offers an innovative solar-powered banking solution.
  • Edusko, a web-based, one-stop platform that matches kids with the right K–12 private schools; end-to-end logistics platform.
  • Messenger, a SaaS-based hospital automation platform.
  • Primed EHealth.

Also selected are:

  • Ivory Coast’s Babimo, which provides a professional digital wallet to its B2B clientele; 
  • Senegal’s Kori Tech, which has developed KORIPASS, an e-wallet linked to physical payment accessories like bracelets, stickers, or keychains; 
  • Tanzania’s LyfPlus, a telemedicine platform; 
  • Uganda’s Munakyalo Agrofresh, which provides solar-powered cold storage preservation units known asCOLD HIVES to smallholder farmers and market vendors;
  • Egypt’s Ostafandy, allows homeowners and construction professionals to estimate and finish building projects.

The Senegalese government through DER/FJ and the Dutch entrepreneurial development bank (FMO) through MASSIF, the financial inclusion fund that FMO oversees on behalf of the Dutch government, are the main sponsors of this edition of the ASIP Accelerator Program.

In addition, Telecel, AWS, Google for Startups, and Firstbase are also partners.

Startups will be hosted at the D-hub, an innovation campus that DER/FJ commissioned, during the program, which will take place in Dakar, Senegal.

On February 8, 2024, there will be a day of demonstrations to cap it all off.

To learn more visit the website. 

 

Read more on Tech Gist Africa: 

COVA AFRICA wins the 6th edition of the CATAPULT: Financial Inclusion Africa Program

Africa’s Business Heroes has announced the top 10 finalists for the year 2023

IFC’s “She Wins Africa” program is currently accepting applications from African women Entrepreneurs

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