The Empower Africa Business Platform is Now Live !!!
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.
New GX Capital has revealed that Nedbank’s Corporate and Investment Banking arm has pledged $28 million to the firm’s Airnergize Capital Fund I, pushing total committed capital to $161 million as the fund nears its $200 million target.
Kenyan-based digital bank Umba has secured a $5 million debt facility from Star Strong Capital to accelerate its growth and reach more customers across Africa.
The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 emerging entrepreneurs across 52 African countries.