Summary

The program is open to startups in various sectors, including but not limited to FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health, GreenTech, Mobility, digitizing the informal economy and empowering artisans.

We scout, skill, and scale early-stage startups through intensive coaching and opportunities for pilots and Proof of Concept projects that subsequently open the doors for longer-term commercial agreements.

Partners included

Dutch Entrepreneurial Development Bank (FMO)

A leading impact investor that supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs.

Government of Senegal, through DER/FJ

A youth and women empowerment structure set up by the President of the Republic of Senegal. With the help of DER/FJ startups will gain public-sector knowledge and support which presents an opportunity to further scale their impact.

Benefits

Over the last 6 years, 60 African startups have completed the SBC AfriTech Accelerator.

• 90% of the alumni are still operating and scaling, and collectively, SBC portfolio companies have raised more than $150 Millionin follow-on funding.

• More importantly, that track record translates to impact on Africa. ASIP Cohort 3 made up of 11 startups from 7 countries, created over 9,600 jobs across the continent. They achieved this at an average age of 31 and with 70% of them having women in leadership. 

Language

This program is done in English and you’ll be expected to pitch in English as well.

Timeline

NOV 13TH, 2023 - FEB 8TH, 2024

Application Deadline

Closes September 8, 2023

Find application form here