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African Startup Funding Tracker


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Ten African Startups Selected For Startupbootcamp AfriTech’s ASIP Accelerator
Ten African Startups Selected For Startupbootcamp AfriTech’s ASIP Accelerator

Ten African startups have been selected to take part in the fourth edition of Startupbootcamp AfriTech’s ASIP Accelerator Program, securing USD 18 K in funding and three months of mentorship, access to resources, and networking opportunities.

Five of the selected ventures are from Nigeria, namely 10mg Pharma, which employs an AI algorithm to pair healthcare providers with financing partners; Betapawa Solutions, which 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; and 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; and Egypt’s Ostafandy, which allows homeowners and construction professionals to estimate and finish building projects.

This edition of the ASIP Accelerator PrograM is funded by key partners, notably the Senegalese government through DER/FJ and the Dutch entrepreneurial development bank (FMO) through MASSIF, the financial inclusion fund FMO manages on behalf of the Dutch government. Other partners include Telecel, AWS, Google for Startups, and Firstbase.