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.
Wetility, a South African startup that offers solar energy solutions for households and businesses, has raised R903 million (~$48 million) in debt and equity.
Kenyan agri-tech startup Farm to Feed has secured funding from Renew Capital, a pan-African investment firm, to help them scale their operations. The exact amount of funding was not disclosed.
Chinese electric vehicle (EV) manufacturer, Chery, has announced a $20 million investment in Kenyan auto dealer, Afrigreen Automobile.
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