New Investments

UNDP and METI Team Up to Empower Six African Startups for Investment Success

| Article

Six African tech startups have been chosen as finalists for the “Meet the Tôshikas” program, a joint initiative by the United Nations Development Programme (UNDP) and Japan’s Ministry of Economy, Trade and Industry (METI).

This program aims to bridge the gap between African startups and Japanese investors.

It offers a deep dive into Africa’s vibrant startup scene for Japanese investors, while also equipping promising African startups with the tools they need to attract investment.

The first edition of “Meet the Tôshikas” focuses on Zambia, Angola, and South Africa.
 
Initially, 30 startups (10 from each country) participated in bootcamps.
 
Now, six finalists – two from each nation – have been selected for a more intensive three-month investment readiness program.

These finalists will receive a $20,000 grant and participate in a week-long investor roadshow in Tokyo, where they can connect with potential Japanese backers.

The six finalists include:

  • Angola: Anda (formalizing the moto-taxi market) and Mamboo (facilitating fast food and FMCG deliveries)
  • South Africa: Zoie Health (e-health) and Jobox (graduate job placement)
  • Zambia: Bosso (construction platform) and AfriOnline Group (integrated ordering platform)
“This program offers a unique opportunity for African startups to showcase their potential to Japanese investors,” said Tomas Sales, a UNDP advisor overseeing the project.  
 
 

Related Articles

Register Now

Empower Africa Times Newsletter

Share :

“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.

You may also like...

© 2021 Empower Africa. All rights reserved.