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.
The Public Investment Corporation (PIC) has invested $40 million in Africa50 Group, a leading pan-African infrastructure investor and asset manager.
South African tech education provider HyperionDev announced securing R95 million (approximately $5 million) in a new funding round. This latest investment brings the company’s total growth capital to R595 million ($31.1 million).
Senegalese startup Kwely has secured funding from Fuzé, a venture capital arm of leading investment group Digital Africa.
© 2021 Empower Africa. All rights reserved.