The Empower Africa Business Platform is Now Live !!!
Techstars Toronto, a renowned accelerator program, has announced its 2023 summer cohort.
This selection underscores Techstars’ continuous commitment to fostering innovation and entrepreneurship on the African continent and its recognition of the region’s burgeoning tech talents.
The 10 African startups selected for the 2023 Techstars Toronto summer cohort are:
The program concludes with a Demo Day, where startups pitch their businesses to investors and potential partners.
The selection of 10 African startups for the 2023 Techstars Toronto summer cohort is a testament to the growing dynamism and innovation of the African tech ecosystem.
“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.
Grid Africa has secured a significant equity investment of $2.8 million from Rifuwo Energy Partners to accelerate its renewable energy projects across South Africa.
Kenyan startup Keep IT Cool, known for its innovative and sustainable refrigeration solutions, has received funding from global impact investor Acumen to support its ambitious expansion across Africa.
ANKA, an Ivorian SaaS e-commerce platform for African businesses, has raised $5 million in a pre-Series A extension round led by the International Finance Corporation (IFC) with participation from Proparco and Bpifrance.