ASIP Accelerator Program – Cohort 4

Accelerating Disruptive African Solutions

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We are looking for the next generation of African Tech Startups disrupting major industry sectors!

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.

This cohort’s incredible partners include:

    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.

        All 10 startups receive $18,000 in cash together with more than $750,000 in credits and exclusive partner deals from leading technology providers such as AWS, Google, GitHub, Firstbase, Miro, Hubspot and more.

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        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. This track record makes SBC one of the most successful early-stage programs on the continent and for investors, the fund has performed among the top 5% of Silicon Valley VC funds!
        • 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. 


        *Please note this program is done in English and you’ll be expected to pitch in English as well

        Good luck to all applicants! We look forward to an inspiring cohort 4!

        Overview

        0
        September 8, 2023
        Program dates Nov 13, 2023 - Feb 8, 2024
        OrganizerStartupbootcamp Afritech
        Website Visit website
        Targets Africa
        Sectors
        Agritech, Blockchain, Clean technology and energy, Connectivity, E-commerce, Fintech, HealthTech, Internet of things (IoT), Machine learning, Transport and logistics

        What we are looking for

        We are looking for the next generation of African startups disrupting the following focus areas

        To be eligible for the program, your startup

        • Has to be formally incorporated
        • Has at least 2 people working on the project and devoting at least 50% of their time to the project
        • Has customers or clients using the products or services
        • Is generating revenues from the products or services

        What to expect

        During the Covid pandemic, SBC launched Accelerator Squared as a fully online platform that enables startups to access the 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 Program takes a hybrid format and begins in Dakar, culminating in a physical Demo Day where startup founders pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.

        The 10 startups in the program will receive benefits valued at more than EUR 500,000, including credits from AWS, Google Cloud Services, Hubspot, and many more. ASIP Accelerator also invests EUR 15,000 in cash to each startup.

        If you believe you could be their next rising star, apply now!

        Timeline

        Team

        Portfolio

        NameCountrySector(s)
        Moja Ride
        Moja Ride enabling easy financing for transportation professionals.
        Côte d'Ivoire Fintech, Public transport
        Sodishop
        Sodishop is a marketplace in Mali, Guinea, Senegal & Ivory Coast
        Mali E-commerce, Food and beverage, Transport and logis…
        Qataloog
        Learning content distribution engine
        Nigeria Education, Educational products, Educational servi…
        Akiba Digital
        We helps businesses predict customer behaviour
        South Africa Fintech, Machine learning, Software as a Service
        AGRIX
        Access to faming expertise & financial services to small-scale farmers
        Cameroon Agritech, Big data, Financial services
        Virtual Drive / Goodbuycar
        The first reversed automotive marketplace driven by your data
        South Africa Automotive, Financial services, Insurance
        Ecomak Recyclers
        Recycling For Generations
        Uganda Clean technology and energy, Environmental service…
        Weza Ventures Ltd
        New generation lending platforms, Credit Scoring and Fraud Mitigation
        Kenya Fintech
        eCampus
        Learn smarter
        Ghana Computer software, Education, Mobile
        MOBicure
        A safe space for young adults to discuss sex
        Nigeria E-commerce, Healthcare, Sexual and reproductive he…
        Powerstove Energy
        Affordable Clean Energy
        Nigeria Clean technology and energy, Manufacturing, Waste …
        Chekkit Technologies
        Connect. Verify. Trust.
        Nigeria Artificial intelligence, Blockchain, Pharmaceutica…
        Vooli Mobile insurance App.
        Seamless insurance ™.
        Kenya Fintech, Insurance, Online analytics
        Parkwell Mobile Services LTD
        Airbnb for parking
        Nigeria Information technology, Mobile, Smart city solutio…
        Rural Farmers Hub
        Crop intelligence solution for optimal farming decisions and timing.
        Nigeria Agritech
        AgroData
        Promoting sustainable farming and improving farm productivity
        Nigeria Agribusiness, Agritech, Animal farming
        Yoonema
        Buy and sell easily on Yoonema.com
        Senegal E-commerce
        Limawa
        PROVIDING solar powered refrigerated vehicles
        Côte d'Ivoire Agribusiness, Green transportation and electric mo…
        Neural Labs Africa Ltd
        Impacting Healthcare using Artificial Intelligence
        Kenya Artificial intelligence, HealthTech, Machine learn…
        BD Waste
        Smart Way To a Clean Environment
        Ghana Clean technology and energy, Environmental service…
        Parc Smart
        Digitizing parking spaces in emerging markets by crowdsourcing
        Senegal Computer software, Smart city solutions, Software …
        Worldbay Technologies Ltd
        Grocedy. Staple foods at wholesale price through savings
        Nigeria Agribusiness, Agritech, Food and beverage
        DIGITECH AFRICA LTD
        Mobile Insurtech Platforms for any Insurance and reinsurance company
        Côte d'Ivoire Enterprise software, Fintech, Insurance
        JustNow
        JustNow helps businesses reduce food waste and save money
        South Africa Food and beverage, Software as a Service
        Kyanda Africa
        Transforming Payments in Africa
        Kenya Financial services, Fintech
        Nucleus
        Exploring the frontiers of biotechnology and entrepreneurship
        Kenya Agritech, Biotechnology and medical research, Educ…
        Asilimia
        Mobile app enabling African smes to manage all of their finances
        Kenya Financial services, Fintech, Mobile
        Crowdyvest
        Making more possible
        Nigeria Fintech
        Motito
        Live Well!
        Ghana Fintech
        Proxalys SAS
        ProXalys is a Twiga of francophone Africa.
        Senegal Agritech
        MPost
        An Address for every one
        Kenya Logistics

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