Google AI Accelerator is a six-month program that provides African startups with access to Google’s AI expertise and resources, including mentorship from Google AI researchers, technical support, and cloud computing credits.

The program is designed to help African startups develop and deploy AI solutions to solve real-world problems on the continent.

This year’s cohort of startups includes a diverse range of companies from across Africa, working on a variety of AI-powered solutions, including healthcare, agriculture, education, and finance.

One of the startups in the program is Famasi Africa.

Famasi Africa is a Pharmacy platform that connects individuals and businesses to Pharmacies.

The startup’s primary focus is on individuals with chronic health conditions to ensure they never run out of their medications.

The selected startups are:

• Avalon Health (South Africa): Simplifying healthcare with AI-powered online access and digital tools for doctors.
• Chatbots Africa (Ghana): Helping SMEs go social with AI-driven online storefronts.
• Dial Afrika Inc (Kenya): Tailoring customer support for global businesses, with a focus on African SMBs.
• Famasi Africa (Nigeria): Building the operating system for pharmacies in emerging markets.
• Fastagger Inc (Kenya): Amplifying sales and loyalty for MSMEs with AI.
• Garri Logistics (Ethiopia): Digitizing freight brokerage and transport to make it more efficient and affordable.
• Izifin (Nigeria): Providing end-to-end credit infrastructure for small businesses via API.
• Lengo AI (Senegal): Launching the first data-driven operating system for the informal sector.
• Logistify AI (Uganda): Minimizing inventory losses in industrial facilities with AI.
  Telliscope (Ethiopia): Offering an AI-enabled business intelligence platform to help businesses make better decisions.
• Vzy (Nigeria): Revolutionizing website building with AI-driven tools that create sites in minutes.

New investors in this round include the Public Investment Corporation (PIC), the largest asset manager on the African continent, and Alexforbes Investments, South Africa’s leading provider of multi-manager investment portfolios.

Sanari Capital’s Chief Executive Officer, Samantha Pokroy, says that the funding will play a pivotal role in addressing structural economic imbalances, promoting transformation, fostering economic growth, creating jobs, and delivering both environmental and financial returns.

The fund will invest in well-established businesses at an inflexion point, driven by technology, innovation, thematic or sectoral growth drivers, and new markets.

Sanari Capital’s investment philosophy is centred on themes aligned with the ever-evolving global landscape, focusing on technology, a more interconnected digital world, IoT, data, and services.

Sanari Capital’s latest funding success represents a significant stride towards enhancing employment opportunities and catalysing economic growth in South Africa and across the African continent.