tech startups to invest in Archives

Applications Now Open for the Telecel ASIP Accelerator, powered by Startupbootcamp AfriTech Over the course of 2021, African tech startups raised $4.42 billion in funding[1] - almost double the record-breaking $2.4 billion raised in the previous year[2]. “With investment in African innovation increasing, so too has the demand for hands-on support and access to markets from startups,” says Eleanor Azar, Telecel Group Executive Deputy and Director of the Telecel Group Africa Startup Initiative Program (ASIP). To scout, skill and scale the next generation of early-stage African tech startups, the Telecel ASIP Accelerator Program, powered by Startupbootcamp (SBC) AfriTech has opened applications for its next cohort. ASIP Accelerator is seeking the most impactful ‘African solutions for Afric...

On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other African cities are quickly emerging as leading startup and investment hubs to watch. “Startups in Nigeria, Kenya, Egypt and South Africa raised a total of US$625 million last year. Of those, Kenyan startups raised US$191 million, the most of any other African country, according to Disrupt Africa’s African Tech Startup Funding Report for 2020. Distinct startup geographies are emerging in Africa, each with the potential to become its own powerhouse,” he says. In addition, the World Bank predicts that two thirds of the world’s ...

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Startup Support and Access to Markets Essential for Further Investment in African Innovation

Top African regions set to become leading startup and investment hubs