Key Developments

AI company Flapmax launches program to help African startups scale up and raise capital

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Flapmax, a pan-African technology company, has launched the second edition of its Fast Accelerator Program designed to empower African startups.

The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.

The program will be delivered by a team of experienced entrepreneurs and investors, including Flapmax CEO and Founder, Femi Kuteyi.

Participants will learn how to build and scale their businesses, as well as how to raise capital. They will also have the opportunity to pitch their businesses to a panel of investors at the end of the program.

Founded in 2016, Flapmax is on a mission to empower Africans to achieve their full potential through technology.

Headquartered in Lagos, Nigeria, the company has raised over $10 million in funding from investors such as Y Combinator, 500 Startups, and Golden Gate Ventures.

The launch of the Flapmax Fast Accelerator Program is a significant development for the African startup ecosystem.

The program provides startups with the opportunity to learn from experienced entrepreneurs and investors, as well as to access much-needed investment opportunities.

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