Talk360s payment platform will integrate all payment options in the continent creating a diverse pool of localized payment options, making it easy for international and local businesses to sell to buyers residing in Africa. Scholarship 4dev Commonwealth Shared Scholarship 2025 Market consolidation and development (geographical expansion and product diversification). The program supports 10 to 15 African digital start-ups and gives them access to appropriate financing and expertise. Undergraduate Scholarships for African Students Short Term Training Scholarship for Developing Countries 2025 Opportunities for Youth Digital Africas mission is to build the capacity of African tech and digital entrepreneurs to design and scale innovations for the real economy. PAP Innovation Showcase 2023 For Climate Tech Startups (Up TO $10,000) https://lnkd.in/dUV6e87W Deadline: April 1, 2023 This is a global open call for climate and nature tech . Along these lines, we identified at least seven companies that collectively raised over $25 million in seed funding in the past four months. These advances sometimes improve existing systems, but, more often than not, they leapfrog the entire legacy system. In this article we have listed our top 21 startup accelerators in Africa. Scholarship for Ethiopians We are also excited to work with Plastics Pirate in Australia, who are already using our technology to clean up plastic pollution threatening the Great Barrier Reef.. Capital is being invested despite the waters of conventional deal-funnels being muddy - caused by a lack of available data for potential funders - especially international ones. Business Grants For African Entrepreneurs & Startups It allows entrepreneurs to acquire the office space, hire staff, and purchase equipment that is essential for their businesses. Opportunities for Africans 2024 It has funded several fintech startups, including toast.com and Fintech Africa. From 55 startups successfully funded in 2015 to 359 in 2020, Africa appears to be at the dawn of a startup revolution, with the ecosystem growing at a 46% annual rate, which is six times faster than the global average, according to BCG. The startup also has a network of agents, including PesaPoint in Kenya and Flash in South Africa, which enable users to purchase airtime vouchers from more than 750,000 physical points of sale. It was founded by Jesse Ghansah and Barima Effah and is expected to launch in June 2021. Opportunity Desk Uganda Adedayo Amzat (founder, Zedcrest Capital). Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africas burgeoning tech startup industry. Opportunities for Youth in Africa 1. All rights reserved. "Standard Bank has been a pioneer in leveraging blockchain to bring speed and transparency to our customer base across Africa. (EUR 15,000 in cash funding) By OFA - septembre 7, 2022 Application Deadline: November 12, 2022 ASIP is a program launched by Telecel Group as part of CSR activities. December 20, 2022 Nigeria's Forceful Digital Money Push Is Making Its 'Unsung Heroes' Nervous; Support, co-working spaces, networking, etc. Deadline: 20-Sep-2022 Primate Conservation, Inc. will grant seed monies or provide matching grants for graduate students, qualified conservationists and primatologists to study rare and endangered primates and their conservation in their natural habitat [ more] DRK Foundation's Seed Funding of $300,000 for 3 years Deadline: Ongoing Ronaldo v Messi: the last dance in Saudi Arabia or a fresh start? Commonwealth Shared Scholarships 2025 Marketforce, Mono, PiggyVest, RelianceHMO and Nomba are some notable names on its portfolio. Grants for Startups in Kenya 2023 Commonwealth Shared Scholarship 2024 Prospectus But its also pertinent to know where this liquidity is coming from. Global Founders Capital is a great source of seed funding for African startups. Following a preselection process, entrepreneurs will have access to operational experts who will help them prepare a 6 to 12-month action plan for their development. Call for Proposals in Kenya for Nutritious Foods Grants, Cartier Women Grants and Support for Female Entrepreneurs Worldwide, CFYE Funding and Grants to Create Employment for Young Egyptian Women, Closing Digital Divide Grants for Education Training and World of Work, Commonwealth Youth Awards for Excellence in Development Work, COVID-19 Biomedical Waste Treatment Innovation Challenge in India, Covid 19 Financial Assistance for Entrepreneurs in India, Creating Hope in Conflict Funding for Water and Sanitation and Health, DFID Grants for Agri-tech and Food Chain Innovations in Africa, DFID IMPACT Grants for Sub-Saharan Africa and South Asia, Draper Richards Kaplan Foundation Grants for Entrepreneurs and NGOs, Egypt-South Africa Call for Grant Proposals in Disruptive Technologies, E-WASH Innovation Grant Fund in Nigeria for Improved WASH Services, Feminist Review Trust Fund Grants for Women Projects, FICA Public Art Grants to Support Art Projects in India, FPAI-Villgro Innovation Challenge in India, Funding Call for Startups Tackling Covid-19, Funding for Small and Medium Scale Renewable Energy Projects in Africa, Funding Opportunities for Women in Agribusiness, Future Bora Youth Grants in Kenya for Youth Focused Organizations, Global Media Competition to Expose Tobacco Industry Manipulation, Go Global Africa Grants for New Entrepreneurs, Grants for Art and Activism Against Repression During Covid-19 Crisis, Grants for New Entrepreneurs and NGOs Working in Poverty Alleviation, Grants for Off-Grid Energy Development Entrepreneurship in Malawi, Grants in Nigeria for Digital Jobs and Skilled Craft Work for Youth, GroFin Grants and Funding for Small and Growing Businesses in Africa, GrowthAfrica Accelerator Grants for Entrepreneurs in Africa, High Growth Coaching and Grants for Women Businesses in Nigeria, High Impact Entrepreneurship Grants for Kenya and Rwanda Graduates, Initiative Africa Business Grants and Funding in Ethiopia, Injini EdTech Changemakers in Africa Grants, Innovate for Life Program for Kenyan and Ethiopian Innovators, Internews Information Saves Lives Rapid Response Fund, Internet Freedom Fund Grants Available Worldwide, Invest2Impact Competition for Women Business Grants in East Africa, Islamic Research and Training Institute Smart Economy Grants, ITC She Trades Initiatives Financing for Women Entrepreneurs, JICA Business Funding for African Startups and Businesses, Journalism and Media Innovation Reporting Grants in Africa, LeadTech Grants for African Female Entrepreneur, Loans and Grants for Small and Big Business, MICF Business Grants in Malawi for Economic Resilience and Recovery, MICF Grants for Tourism Sector Recovery in Malawi, Microsoft Funding for Projects That Empower Disabled People, Mozilla Fellowship Program for Tech and Society, Netherlands Call for Support and Grants for COVID-19 in Africa, Nidhi Prayas Grants for Agriculture and Allied Sectors in India, NYDA Grants for Youths and Young Entrepreneurs in South Africa, ORRAA Ocean Resilience Innovation Challenge, Qatar Foundation Call for Applications for Wise Accelerator Program, Renewable Energy and Agriculture Grants for Youth Innovators in Asia, Relief Funds to Help African Entrepreneurs and SMEs, REvolutionaries Steve Sawyer Memorial Award for Africa, RSWR Seed Grants for Small Grassroots Organizations in Kenya, RUFORUM Young African Entrepreneurs Competition, SANTAM Grants for Women Entrepreneurs in South Africa, School Enterprise Challenge International Business Project for Schools, Small Grants for Young Leaders in Southeast Asia, Small Grants in Ghana to Support Women-led Enterprises, Social Change Through Arts Grants in Pakistan and India, Southeast Asian Agribusiness Entrepreneurs New Zealand Sponsored Visit, South Africa Academy for Women Entrepreneurs Funding and Training, Sundara Seed Grants for Female Entrepreneurs and NGOs in WASH, Swedish Institute She Entrepreneurs Grants, Swiss Africa Business Innovation Funding for African Entrepreneurs, Tata Social Enterprise Challenge Grants in India, Training and Grants for Kenyan Women Entrepreneurs, UN Call for Proposals and Grants in Uganda to Mitigate COVID-19 Impact, UNDP Ghana Grants and Accelerator Lab COVID-19 Innovation Challenge, UNDP Grants for Waste Management and Environment Protection in Nigeria, UNICEF Innovation Fund for Profit Technology Startups, USADF Offers Funding for the Support of Local Businesses in Benin, USADF Call for Proposals and Grant Financing for Uganda Projects, USAID Biodiversity for Resilience Grants in Uganda, USAID Nigeria COVID-19 Food Security Challenge, US Embassy in South Africa Grants for Empowering Girls in STEM, Vodacom Grants for Early and Growth Stage Technology Startups, WE Empower Business Competition for Women Entrepreneurs, Women Leadership Accelerator to Advance Women in Digital Journalism, Western Union Seed Funding for Young Entrepreneurs, World Justice Project Grants for Advancing the Rule of Law, WWF-India Call for Proposals for Small Grants in Innovation Program, WRI Ross Center Prize for Transformative Urban Climate Projects, YALI West Africa Emerging Leaders Program for Business, Youth Action Lab Grants for Youth at Grassroots Level, Young Caribbean Water Entrepreneurs Shark Tank Competition, Yunus and Youth Fellowships for Social Entrepreneurs, Over 4500 Current Fully Funded Scholarships for International Students, Over 4500 Current Fully Funded Scholarships for International Students 2023. Grant Opportunities for Entrepreneurs 2023 Last year, top investors such as Tiger Global, SoftBank and Sequoia Capital put several million dollars into African startups, especially unicorns, in what was a boost to the continents local ecosystem. The company said its internet calling app has connected 2.3 million people worldwide so far this year, and attained 167% growth in customers and 130% in revenues. Early-stage entrepreneurs across the region are creating innovative online and offline models responding to critical products and service needs. In 2022, it was the seventh-most active investor in Africas startup ecosystem with 20 deals. Foreign investors have been dominant contributors to Africas numbers since 2015. Masters Scholarships for African Students 2024 Notably, Nigerian startups accounted for one-third of Googles beneficiaries in 2022. IPAT will provide the selected companies with funding (in the form of repayable advance) ranging between EUR 20,000 and EUR 300,000. Grants for Startups in Kenya 2025 Scholarships for Developing Countries 2023 The biggest tech hubs kept their strong leads with Nigeria and Kenya each topping a billion dollars in funding. They enjoy large market opportunities and boast high growth rates . It was founded by Jesse Ghansah and Barima Effah and is expected to launch in June 2021. The talk of the town is that African startups are feeling the pressure of the global market downturn and venture capital slowdown as these international investors pull out term sheets and cut back the number of rounds previously earmarked for the region. Scholarship for African Students in Europe Founders Factory Africa closed 18 deals in 2022, ranking it ninth among Africas top investors. Startups raised $4.6 billion in 2021 itself a record year. The current market conditions have also seen startups such as Swvl, Vezeeta and Wave conduct layoffs. Scholarship for Developing Countries in Engineering The findings demonstrate how nations and stakeholder capitalists are beginning to step in and embrace Africa's self-determining participation in the fourth industrial revolution. How Libyas petroleum sector is taking a tough route to democracy. Lets bet that Africa will soon be home to its first blockchain unicorn!." Short Term Training Scholarship for Developing Countries 2023 Africa Startup Initiative Program (ASIP) 2023 for African tech startups. As a result, global startup funding was slow. Seed Funding for African Startups 2023 It was also the year the accelerator set up shop in Lagos, Nigeria. These grants are offered to entrepreneurs in the country, regardless of their industry or country of origin. Commonwealth Scholarship 2025 Young Caribbean Water Entrepreneurs Shark Tank Competition Across the east African region, only 10% of all funding for startups went to local founders, according to a 2017 study by Village Capital. Funding Opportunities for Entrepreneurs 2025 Sharp minds are driving valuable developments, and investment capital is seeping in, albeit still smaller than the rest of the world. AFD Group is convinced that start-ups play an essential role in developing innovative solutions that meet the needs of developing and emerging countries. Eden Care, a licensed Rwanda-based digital insurer which offers affordable, accessible and personalized health coverage to businesses and their employees, has completed a pre-seed funding round from DOB Equity , Seedstars International , Norrsken Foundation, and Bathurst Capital. It allows: This financing mechanism for African start-ups in their seed phase complements all the tools available to accelerate the growth of small and medium-sized enterprises. Consult the list below to see the local partner incubators and find out more about the available services (financing, mentoring, training, etc.). Scholarship for Developing Countries 2023 The firm had 28 deals in 2022. 2024 Business Grants Share this: Mareme Dieng, 500 Startups Lead, Global Innovation Strategy, Africa shares 500's vision for Africa. Last January, FinDev Canada - Canadas development finance institution - invested $13 million in the Energy Entrepreneurs Growth Fund (EEGF), which invests in early and growth-stage energy startups in Sub-Saharan Africa. Download our brochure on the Digital Africa fund Digital Africa fund: Supporting digital startups in Africa Local partners Scholarships for Developing Countries 2024 The goal of this accelerator is to invest in 100 startups from the African continent over the next four years. The silver lining has been the self-fast-tracking of Africas digital and tech economy. Business Insider Africa presents 10 African startups that have sealed the largest funding rounds in January 2022. Opportunities for Africa Business Grants in Kenya 2023 If not, they can cease to exist for instance, Kenya-based food startup Kune. As a result, global startup funding was slow. 2025 Grants for Small Business in Nigeria The Tony Elumelu Entrepreneurship Programme has a mission of empowering young Africans to create jobs and create businesses. CV VC, as an initiator of Crypto Valley - the world's most mature blockchain hub, with an enviable regulatory landscape and 14 blockchain unicorns - intends to lend its renowned expertise to enable Africa, the world's second-largest continent in both size and population to achieve its true potential. Scholarship for Developing Countries 2025 Commonwealth Shared Scholarship 2023 Prospectus Antler 4. Call for Proposals - Can Technology Accelerate Learning and Skills? Advertisement. PROPARCO has a team dedicated to equity financing for start-ups seeking to market the, Fuz, an innovative investment facility to support start-ups deploying technological solutions for the real economy in Africa. ScarabTech, a cleantech start-up, is planning many commercial projects in Africa, Asia, and Australia as a result of a seed funding round from GIIG Africa Fund, a "profit and purpose" fund. Save my name, email, and website in this browser for the next time I comment. And even though the industry is still in its early days, it has made indelible progress. December 13, 2022. Free Grant Money For Anything in Africa. Scholarship for Developing Countries 2024 Since then, it has provided seed funding to over many more startups, including Quidax, and AltSchool. These projects, and other in the field, are validating our business model and technology in its intended operating environment, a crucial step before we scale the business to start making an impact in the fight against plastic waste. The AFD Digital Challenge is an annual competition which rewards five to ten start-ups that have developed innovative solutions for Africa. 20 Business Grants for African Entrepreneurs and Startups Funding for African Businesses to help it expand across East Africa. 2022. This has already bolstered resilience as a road map to how and why the world needs to embrace blockchain as a transformative technology. Its portfolio contains many popular startups, such as Flutterwave, Wave, Union54 and Releaf. The Knight Fund will see Zedcrest Capital back startups that, for some reason, are finding it hard to raise a Series A round or prefer to rally a bridge round before going to the market for the venture round. The CV VC African Blockchain Report successfully depicts a unique holistic overview of blockchain in Africa, which will facilitate funders to make a better judgment of Africa's investment potential. Currently focusing on cricket, Podeum is building an online community . But Ventures Platform will likely beat this number this year because it recently closed a $46 million fund. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. Launched in 2021 by Favour Ori, the Rwandan fintech is facilitating sending and receiving money globally from Africa. (adsbygoogle=window.adsbygoogle||[]).push({}); Scholarship 2023/24 The program offers to provide technical assistance and catalytic partnerships to 10 to 15 digital start-ups with a high investment capital impact (in the form of an equity investment, convertible debt or a SAFE investment of up to EUR 300,000), so that they can develop solutions for underserved populations on fragile and border markets. In October 2021, Payday raised a $1 million pre-seed fund to "build PayPal for Africa". Africa's Top 21 Startup Accelerators 1. The Nigerian Startup Ecosystem Report 2022 from Disrupt Africa dives into the Nigerian ecosystem by analysing active startups, local support networks, and funding and exit activity over the last 7.5 years. Subsidiary of @AFD_France/@AFD_en, @annesophieave @ChiefBenson2 @AFD_France With #ChooseAfrica, @AFD_France Group makes all its tools available to African start-ups, microenterprises and MSMEs to finance and assist them at the various stages of their development, particularly through local partners supported by the Group, more on: https://choose-africa.com/en/, La Directrice du dpartement Pilotage du Rseau de @Proparco, Myriam Brigui, prsente l'initiative #ChooseAfrica de soutien aux #startup et PME en #Afrique : "Depuis 2018, ce sont 120 M de financements qui ont t engags au bnfice des start-up/TPE/PME tunisiennes ", #COP27 : sur le fonds ARAF d'@Acumen que nous soutenons, via la facilit FISEA+ du Groupe @AFD_France qui fait partie de #ChooseAfrica. Cameroon, Chad, Democratic Republic of Congo, Cte d'Ivoire/ Ivory Coast, Benin, Burkina Faso, Gabon, Gambia, Ghana, Guinea, Liberia, Mali, Nigeria, Senegal, Sierra Leone, Togo, Niger, Dijbouti, Ethiopia, Kenya, Mauritius, Rwanda, Somalia, Somaliland, Tanzania, Uganda, Burundi, Malawi, Madagascar, South Africa, Zambia, Zimbabwe, Angola, Mozambique, Lesotho, Algeria, Egypt, Morocco, Sudan, Tunisia, Congo, Agence d'encadrement et de dveloppement des PME, Association Entrepreneurs & Dveloppement, Sngal, Cte d'Ivoire/ Ivory Coast, Madagascar, Burkina Faso, Niger, Cameroon, Ghana. Global Founders Capital is a great source of seed funding for African startups. Many will also remember 2022 as the year of, Ventures Platform has made over 60 investments since its launch in 2016. Grants for African Entrepreneurs 2023 Copyright 2022 Zawya. Last year, the global economy struggled. Standard Bank has been a pioneer in leveraging blockchain to bring speed and transparency to our base! 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