Google AI Accelerator is a six-month program that provides African startups with access to Google’s AI expertise and resources, including mentorship from Google AI researchers, technical support, and cloud computing credits.
The program is designed to help African startups develop and deploy AI solutions to solve real-world problems on the continent.
This year’s cohort of startups includes a diverse range of companies from across Africa, working on a variety of AI-powered solutions, including healthcare, agriculture, education, and finance.
One of the startups in the program is Famasi Africa.
Famasi Africa is a Pharmacy platform that connects individuals and businesses to Pharmacies.
The startup’s primary focus is on individuals with chronic health conditions to ensure they never run out of their medications.
The selected startups are:
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Lemfi, a remittance platform catering to African immigrants across 22 countries, has announced raising $53 million in a Series B funding round.
Swedfund, Sweden’s development finance institution, has committed $10 million to Novastar Ventures’ Africa People + Planet Fund III (NVIII), a venture capital fund targeting early-stage businesses in Africa.
MoneyHash, a leading Egyptian fintech company, has secured $4.5 million in seed funding to bolster its payment technology and expand its reach across the Middle East and Africa (MEA) region.
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