Africa’s leading tech Accelerator, Startupbootcamp AfriTech, together with founding partner and leading telecom giant, Telecel Group has selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Program (ASIP).
The ASIP Accelerator has managed to help founders fine-tune their business models while also facilitating entry into new markets such as Senegal.
This has been possible through a historic partnership with DER/FJ, which was established to advance Entrepreneurship for Women and Youth in Senegal by the President of the Republic, His Excellency Macky Sall. Giving a keynote at the event, Senior Innovation Lead Adrien Schwarz said;
“We are impressed with the work that the ASIP and Startupbootcamp AfriTech are doing and are excited that there were three times more Francophone founders compared to the previous years. This validates the caliber of startups in Francophone countries and shows that their exposure to acceleration has improved. It is also wonderful to see the progress that the past Senegalese startups namely Proxalys, Parcsmart, and Yobante have made”
Founded by telecom giant Telecel, the Africa Startup Initiative Program (ASIP) aims to support the next generation of early-stage African tech startups that are disrupting key industry verticals that include FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health, and CleanTech, Mobility, Micro-leasing, and digitizing the informal economy.
Participants will receive an intensive three-month coaching and support program to accelerate their growth and benefits worth $750,000 USD.
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 program will take place in Dakar, Senegal and startups will be hosted at the D-hub, – a space commissioned by DER/FJ.
The following startups will be joining the 2023 ASIP cohort 3:
Kyanda Africa is a revolutionary 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 marketplace, an online sales, and purchase platform, present in 4 countries in West Africa, we deliver thousands of orders per month across Mali, Senegal, Guinea, and Côte d’Ivoire.
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. This credit can be used to purchase data packages, airtime, food items, stationery, and health insurance.
Limawa whose Senegalese founder operates in Côte d’Ivoire aims to tackle the issues of food conservation and transportation through solar-powered split air conditioners that can reach -2°C.
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.
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% reduction in water consumption for irrigation at 20% of the price of its competitors.
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 e-commerce platform that offers a frictionless, unique, and simplified experience to e-buyers who desire quality products and B2B players who offer a full global e-commerce experience to their clients.
The ASIP Accelerator powered by SBC AfriTech will culminate in a Demo Day on 25 May 2023 where startup founders will pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.
For more information visit the website.
Read more on Tech Gist Africa:
O-Farms has selected ten agri-circularity startups from Kenya to participate in its second accelerator program
African startups are invited to apply for the $1.2 million Earthshot Prize
The second annual Stitch showcase for early-stage startups is now accepting applications