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.
Tappi, a rapidly growing digital commerce platform for small and medium-sized businesses (SMEs) in Africa, has secured $1.5 million in a pre-seed funding round.
Zanifu, a Kenyan fintech company that provides inventory financing to micro, small, and medium-sized businesses (MSMEs), has raised $11.2 million in debt-equity funding in a pre-Series A round.
TowerCo of Africa Uganda, a telecommunications infrastructure company, has secured $40 million in long-term financing to improve mobile phone network coverage in rural areas across the East African nation.
© 2021 Empower Africa. All rights reserved.