Key Developments

Baobab Network Launches Accelerator Programme to Boost African Tech Ecosystem

Baobab Network, a pan-African venture capital firm, has announced the launch of its Accelerator Programme for African Startups.

The program will provide selected startups with $100,000 in funding, mentorship, and support from a team of experienced investors and entrepreneurs.

The Baobab Network Accelerator Programme is designed to help African startups scale their businesses and reach their full potential.

The program will focus on helping startups develop their products and services, improve their go-to-market strategies, and raise additional capital.

The program is open to all African startups, regardless of sector or stage of development.

However, priority will be given to startups using technology to solve real-world problems in Africa.

The application process for the Baobab Network Accelerator Programme is now open.

To apply, startups must submit a pitch deck and a video application. The deadline to apply is October 31, 2023.

The Baobab Network Accelerator Programme is a significant investment in African startups and the continent’s tech ecosystem.

The program is expected to help the selected startups grow their businesses and create jobs across Africa.

Benefits of participation in the Baobab Network Accelerator Programme:

$100,000 in funding
Mentorship and support from a team of experienced investors and entrepreneurs
Access to Baobab Network’s network of partners and resources
Opportunity to pitch to potential investors

Eligibility criteria:

  • African startup
    Using technology to solve a real-world problem in Africa
  • Strong team with a proven track record
    Scalable business model

Application process:

  • Submit a pitch deck and a video application
  • Shortlisted startups will be invited to pitch to a panel of judges
  • Selected startups will be announced in November 2023

Program timeline:

The program will start in January 2024 and run for six months.

During the program, startups will participate in a series of workshops and mentorship sessions.

At the end of the program, startups will pitch their businesses to a panel of potential investors.

The Baobab Network Accelerator Programme is a valuable opportunity for African startups to learn from experienced investors and entrepreneurs and to raise the capital they need to grow their businesses.

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