The Empower Africa Business Platform is Now Live !!!
The program is designed to support the growth of Africa’s vibrant fintech ecosystem.
The startups will receive mentorship, training, and funding from Visa and its partners.
Nigerian startups dominated the cohort of selected startups, followed by Ghana, Kenya, Morocco, South Africa, Egypt, Uganda, Zambia, and Tunisia.
The selected startups include:
Visa is committed to supporting the growth of Africa’s fintech ecosystem.
The company has a history of investing in African fintech startups, including Paystack, Interswitch, and Flutterwave.
The Visa Africa Fintech Accelerator is another example of Visa’s commitment to supporting innovation and growth in Africa.
Alterra Capital Partners, a private equity firm founded in 2020 by former Carlyle Group employees, has raised $140 million in the first closing of a $500 million fund focused on investments in Africa.
Alterra Capital Partners, a private equity firm focused on Africa, has received a $20 million investment from British International Investment (BII) to support its Alterra Accelerator Africa Fund (AAA Fund).
The International Finance Corporation (IFC), a member of the World Bank Group, is considering a significant investment in a Moroccan venture capital fund that targets emerging technology companies in North and West Africa.