The Empower Africa Business Platform is Now Live !!!
The initiative aims to fuel the growth of startups in this niche sector, enhancing their ability to transform the construction industry through technology-driven solutions.
The accelerator programme, named the “Construction-Tech Innovation Accelerator,” is set to provide a unique platform for aspiring entrepreneurs in Egypt’s thriving startup ecosystem.
With construction being a critical sector in the country’s economy, the programme holds the potential to revolutionize traditional processes and bring forth disruptive advancements.
Startups selected for the accelerator will undergo an intensive mentoring and support program, gaining access to Flat6Labs’ extensive network of industry experts, seasoned mentors, and potential investors.
Additionally, the selected startups will receive seed funding to help kickstart their projects and translate their ideas into tangible products or services.
The programme is designed to cater to a wide range of construction-tech innovations, including but not limited to building information modeling (BIM), sustainable construction practices, smart cities solutions, modular construction, and real-time project management platforms.
Flat6Labs’ launch of the Construction-Tech Innovation Accelerator marks a significant step in fostering technological innovation within Egypt’s construction industry.
By providing startups with the resources, mentorship, and funding needed to propel their ideas forward, this accelerator programme has the potential to reshape how construction is approached and executed in the country.

Sahel Capital, an investment company with a focus on agriculture and food sectors in sub-Saharan Africa, has finalized a $1 million loan agreement with Camino Ruiz, a Kenyan company that specializes in fish processing and distribution.

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.

Nigerian digital identity solutions provider Seamfix has secured $4.5 million in funding to fuel its expansion into five new African countries.