The finalists will battle it out to represent Africa at the Startup World Cup in San Francisco in December, where they will have the chance to win a US$1 million grand prize.
The finalists are:
The AfricaIgnite Pitch Competition Final will take place at the Africa Tech Festival in Cape Town on November 16, 2023.
The winning venture will be selected to represent Africa at the Startup World Cup in December.
The AfricaIgnite Pitch Competition is a unique opportunity for African startups to showcase their innovative solutions to a global audience and compete for funding and mentorship.
The competition is also a platform to promote the African tech ecosystem and encourage investment in African startups.
Waribei, a fintech startup based in Ivory Coast, has successfully secured €750,000 ($820,462) in pre-seed funding to advance its innovative inventory financing solution designed for small traders across Africa.
Finnish development financier Finnfund has announced a $5 million mezzanine loan to Communication & Renewable Energy Infrastructure (CREI) to support the installation of hybrid power solutions for telecom sites in South Sudan.
Nigerian fintech startup Bujeti has secured $2 million in seed funding to scale its all-in-one corporate card issuance and expense management platform.
© 2021 Empower Africa. All rights reserved.