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11 African tech startups to benefit from $750 000 accelerator

  • 11 startups from across Africa have been selected to take part in the Africa Startup Initiative Programme for 2023.
  • The three-month programme will see startup founders receive intensive coaching and benefits worth $750 000 in Dakar, Senegal.
  • The startups will have a chance to impress potential investors during the Demo Day on 25th May at the very end of the programme.

One of Africa’s leading startup accelerators, Startupbootcamp AfriTech, has selected 11 new startups from across the continent to take part in the 2023 edition of the Africa Startup Initiative Program (ASIP).

Founded by telecom group Telecel, the ASIP aims to support the next generation of early-stage African tech startups that are providing fresh ideas for key industries, including fintech, insurtech, agritech, climate tech, ecommerce, digital health and cleantech, mobility, micro-leasing, and digitising the informal economy.

Since its inception in 2019, the ASIP Accelerator claims it has managed to help founders fine-tune their business models while also facilitating entry into new markets such as Senegal.

According to a press release sent to Hypertext, participants will receive an intensive three-month coaching and support program to accelerate their growth, as well as “benefits” worth $750 000.

Startups will also have access to the global Accelerator Squared platform which has a complete library of content, group workshops, 1:1 mentoring, collaborative sessions with Entrepreneurs in Residence, and invite-only discussion forums with founders from around the globe.

The 13-week programme will take place in Dakar, Senegal and startups will be hosted at the D-hub – a space commissioned by DER/FJ.

”We are very proud of the great effort that was put into this cohort 3 of the ASIP Accelerator Program powered by SBC AfriTech – we have exceptional startups with innovative and positively disruptive ways of treating the African challenges that they have set out to solve and build their Startups around,” said Eleanor Azar, Executive Deputy of the Group and ASIP director.

“We are also exceptionally proud that the number of female founders has increased. And to those who did not make it into the top 10, we wish you all the luck, you should be very proud that you have come out on top of more than 2 000 applications received into the program in cohort 3.”

The 11 startups that will be joining the 2023 ASIP cohort are:

Kyanda Africa is a Kenyan fintech platform that provides businesses and individuals with convenient and reliable money transfer solutions.

PharmaServ is a Nigerian SaaS product, which automates the process of sales orders, tracking sales team performance, and reconciling incoming purchase orders, payments, and invoices for health brands.

Sodishop is a Malian online sales and purchase platform, present in four countries in West Africa.

BD Waste is a Ghanaian GreenTech startup that combines fintech and sustainability to recover plastic waste from communities. Their Digicycle product allows customers to directly deposit plastic waste into their digital wallets and receive credit for it.

Limawa, whose Senegalese founder operates in Côte d’Ivoire aims to tackle the issues of food conservation and transportation through an innovative, solar-powered and cost-efficient alternative to industrial compressors for the cold chain industry.

Parkwell is a Nigerian online sharing platform that matches drivers with available, safe parking spaces and helps property owners list their parking spaces for optimum use.

Jand2Gidi, also from Nigeria, offers ‘Logistics As A Service’ to B2B and B2B2C customers whose users are engaged in cross-border trade. They provide hassle-free, transparent, and trackable shipping services to their B2B merchants.

Moja Ride from Côte d’Ivoire has made its mission to enable better and cleaner mobility services to African cities by making financing easy and accessible for all transportation professionals.

SafeTrack is a Moroccan technology startup that allows a 75 percent reduction in water consumption for irrigation at 20 percent of the price of its competitors through a fully mobile IoT solution.

Chestify AI Labs from Ghana provides an AI platform that gives a highly accurate algorithm for diagnosing chest X-Ray pathologies.

Yoonema is a Senegalese social ecommerce platform that offers a frictionless, unique, and simplified experience to ebuyers.

The ASIP Accelerator will culminate in a Demo Day on 25th May 2023 where startup founders will pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.

[Image – Provided]

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