Africa’s leading tech Accelerator, Startupbootcamp Afritech, together with founding partner and leading telecom giant, Telecel Group have selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Program (ASIP).
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.
Eleanor Azar, Executive Deputy of the Group and ASIP Director said:” we are very proud of the great effort that was put into this cohort 3 of the ASIP Accelerator Program powered by SBC AfriTech – we have exceptional startups with innovative and positively disruptive ways of treating the African challenges that they have set out to solve and build their Startups around. We are also exceptionally proud that the number of female founders has increased. And to those who did not make it into the top 10, we wish you all the luck, you should be very proud that you have come out on top of more than 2,000 applications received into the program in cohort 3.
Other partners include the Dutch Entrepreneurial Development Bank (FMO), AWS, Freshworks, Google, and Firstbase.
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.
“We’re excited by the quality of startups in this cohort,” commented Program Director Henry Ojour. ”About 30% of them have applied before, 60% applied on the recommendations of an alumni founder and 50% of them have monthly revenues above $50,000.00. Cohort 3 companies are building in over 12 verticals we have a 30% female-founder ratio. It’s going to be 13 weeks of far-reaching progress & impact.” He added.
Profile of startups joining the 2023 ASIP cohort 3:
Kyanda Africa; a revolutionary Kenyan fintech platform with a network of agents, API gateway, and various access channels such as USSD, Mobile App & WhatsApp Chatbots.
PharmaServ.ng; 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; a Malian marketplace, online sales and purchase platform, delivering thousands of orders per month across Mali, Senegal, Guinea, and Côte d’Ivoire.
BD Waste; Ghanaian GreenTech startup that combines fintech and sustainability to recover Plastic waste from communities. Customers can directly deposit plastic waste into their digital wallets and receive credit for it.
Limawa whose Senegalese founder operates in Côte d’Ivoire and aims to tackle the issues of food conservation and transportation through solar-powered split air conditioners that can reach -2°C suitable for trucks, containers, and trailers.
Parkwell.ng; a Nigerian 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. They have built shipping APIs to provide cutting-edge freight forwarding and last mile delivery services
MojaRide from Côte d’Ivoire whose mission is to enable better and cleaner mobility services enabling drivers and transport companies to easily qualify for new car loans and car repairs.
SafeTrack.ma; a Moroccan technology startup whose IoT solution of geolocation and monitoring is 100% mobile (as it is composed of revalued smartphones and sensors), has simple maintenance and does not require any IT infrastructure except a cloud software platform developed internally.”
ChestifyAI Labs from Ghana which provides an AI platform that gives a highly accurate algorithm for diagnosing chest X-Ray pathologies tackling the inadequate radiology Infrastructure and the presence of fewer radiologists in Africa.
Yoonema; Senegalese social e-commerce platform that offers a frictionless, unique, and simplified experience to e-buyers 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.