The Empower Africa Business Platform is Now Live !!!
The Baobab Network, a Nairobi-based accelerator and investment firm, has invested $50,000 into five promising African startups
The move significantly boosts the continent’s entrepreneurial ecosystem and reflects The Baobab Network’s commitment to supporting and nurturing innovative ventures across Africa. The Baobab Network, known for its focus on early-stage startups, provides selected entrepreneurs with mentorship, tailored training, and access to an extensive network of investors and industry experts.
By investing in these startups, The Baobab Network aims to foster their growth, enhance their market viability, and increase their chances of success. The five startups selected for investment demonstrate diverse solutions, addressing key challenges across various sectors.
Ghanaian digital freight forwarder Jetstream Africa has launched Jetvision.ai, an artificial intelligence-powered platform aimed at streamlining cross-border trade across the continent.
Mastercard and Glovo, a leading app connecting users with diverse services, have joined forces to combat hunger and support education in underserved communities across Kenya and Nigeria.
Nigerian fintech company LemFi has signed a strategic deal with Visa’s Cross-Border Solutions division to fuel its international expansion into key markets like China, India, and Pakistan.