The Empower Africa Business Platform is Now Live !!!
The program is designed to support the growth of Africa’s vibrant fintech ecosystem.
The startups will receive mentorship, training, and funding from Visa and its partners.
Nigerian startups dominated the cohort of selected startups, followed by Ghana, Kenya, Morocco, South Africa, Egypt, Uganda, Zambia, and Tunisia.
The selected startups include:
Visa is committed to supporting the growth of Africa’s fintech ecosystem.
The company has a history of investing in African fintech startups, including Paystack, Interswitch, and Flutterwave.
The Visa Africa Fintech Accelerator is another example of Visa’s commitment to supporting innovation and growth in Africa.
Lapaire, a fast-growing African eyewear startup, has secured significant financial backing from AfricInvest and Proparco to expand its optical care services across the continent.
Lagos-based delivery startup Chowdeck has secured $9 million in Series A funding to extend its reach into more cities across Nigeria and Ghana and to accelerate its quick-commerce strategy.
Enza Capital, a Pan-African venture capital firm, has closed its second fund at $58 million.