AfriLabs, the leading network of technology and innovation hubs in Africa, has announced the addition of 18 new hubs to its community.
This expansion brings the total number of hubs within the network to 496, spread across 261 cities in 53 African nations.
The newly admitted hubs represent a diverse range of regions and sectors, strengthening AfriLabs’ presence across the continent.
Notable additions include the SU LaunchLab in Stellenbosch, South Africa, marking AfriLabs’ first presence in the city.
Other notable additions include ScaleUp Namibia, OceanHub Africa, and the Graca Machel Trust’s Women Creating Wealth initiative in Southern Africa.
In North Africa, DigiArtLivingLab (DALL) has joined the network in Tunis and Nabeul, Tunisia, alongside Connect’Innov and The Dot.
Egypt has also welcomed PTS Investments Holdings and Aria Ventures to its network.
Western Africa has seen the addition of Mswitch in Abuja, Nigeria, while Eastern Africa has welcomed AFRICA TECH SPACE in Nakuru, Kenya; Owl Innovation Labs in Nairobi, Kenya; RLabs Tanzania in Iringa, Tanzania; and AfriFORTIFIED HUB in Kisumu, Kenya.
Central Africa has expanded its network with Ovation and KIVUTECH in Kinshasa and Bukavu, DRC, respectively; Revival Innovation Hub in Bua, Cameroon; and DIAMBILAY BUSINESS CENTER in Lubumbashi, DR Congo.
“We are thrilled to welcome these new hubs to our growing community,” said Mayssa Mrabet, AfriLabs director of community.
“Their unique perspectives and contributions will further strengthen our ability to drive innovation and entrepreneurship across the continent.”
Billboxx, a Nigeria-based financial technology company specializing in invoicing and cash flow management for small and medium-sized enterprises (SMEs), has raised $1.6 million in a pre-seed funding round.
The International Finance Corporation (IFC), the private investment arm of the World Bank, has announced a $100 million investment in Raxio Group to support the development of data centres across Africa.
Founders Factory Factory, a renowned venture capital company, has secured $114 million in funding to support and accelerate the growth of tech startups across Africa.
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