ASIP Accelerator Program – Cohort 4

Accelerating Disruptive African Solutions


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.


        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!


        September 8, 2023
        Program dates Nov 13 - Feb 8
        OrganizerStartupbootcamp Afritech
        Website Visit website
        Targets Africa
        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!




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