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.
South Africa-based venture capital firm Knife Capital is celebrating its 15th anniversary with strategic Series A investments in two local startups, Sticitt and Optique, as part of its ongoing commitment to scaling innovation across the continent.
Egyptian healthtech company i’SUPPLY has secured an undisclosed amount of funding in a pre-Series A round to fuel its expansion plans and bolster its offerings for small and medium-sized pharmacies.
To help small and medium-sized businesses in Africa access the financing they need, the International Finance Corporation (IFC) and investment firm TLG Capital have launched a new private credit initiative.