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Three Nigerian startups have been confirmed as participants in the W23 batch of the renowned Silicon Valley-based Y Combinator accelerator, banking USD 500 K in funding among other benefits. The W23 batch of the Y Combinator program is currently taking place, and concludes with a demo day in March. More startups will be announced over the coming months, with more Africa ventures set to be amongst them. Seven African startups took part in the previous batch of the accelerator, S22.
Of the first 85 startups revealed for its W23 batch, three are from Africa – all Nigerian. They are Waza, a B2B payments infrastructure that provides the rails for global payments and intra-Africa trade; Shekel Mobility, a simplified finance and operations platform for auto-dealers, and Bujeti, an end-to-end expense management and budgeting platform.