11 Startups Join Cohort 3 of the Africa Startup Initiative Program Accelerator

Startupbootcamp AfriTech, Africa’s leading tech accelerator, has chosen the participants of the Africa Startup Initiative Program, in collaboration with founding partner and leading telecom giant, Telecel Group (ASIP).

The ASIP Accelerator has been successful in assisting founders in fine-tuning their business models while also facilitating entry into new markets such as Senegal.

This has been made possible by a historic collaboration with DER/FJ, which was established by the President of the Republic, His Excellency Macky Sall, to advance Entrepreneurship for Women and Youth in Senegal. Senior Innovation Lead Adrien Schwarz said during his keynote speech at the event:

“We are impressed with the work that the ASIP and Startupbootcamp AfriTech are doing and are excited that there were three times more Francophone founders compared to the previous years. This validates the quality of startups in Francophone countries and demonstrates that their access to acceleration has improved. It’s also exciting to see how far Senegalese startups like Proxalys, Parcsmart, and Yobante have come.”

The Africa Startup Initiative Program (ASIP), founded by telecom giant Telecel, aims to support the next generation of early-stage African tech startups disrupting key industry verticals such as FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health and CleanTech, Mobility, Micro-leasing, and digitizing the informal economy.

Participants will receive a three-month intensive coaching and support program to accelerate their growth, as well as benefits worth $750,000 USD.

Startups will also have access to the global Accelerator Squared platform, which includes a comprehensive content library, group workshops, 1:1 mentoring, collaborative sessions with Entrepreneurs in Residence, and invite-only discussion forums with founders from around the world.

The program will be held in Dakar, Senegal, with startups housed at the D-hub, a space commissioned by DER/FJ.

The following startups will be part of the ASIP cohort 3 in 2023:

Kyanda Africa is a revolutionary Kenyan fintech platform that provides businesses and individuals with convenient and reliable money transfer solutions.

PharmaServ is a Nigerian SaaS product, which automates the process of sales orders, tracking sales team performance, and reconciling incoming purchase orders, payments, and invoices for health brands.

Sodishop is a Malian marketplace, an online sales, and purchase platform, present in 4 countries in West Africa, we deliver thousands of orders per month across Mali, Senegal, Guinea, and Côte d’Ivoire.

BD Waste is a Ghanaian GreenTech startup that combines fintech and sustainability to recover Plastic waste from communities. Their Digicycle product allows customers to directly deposit plastic waste into their digital wallets and receive credit for it. This credit can be used to purchase data packages, airtime, food items, stationery, and health insurance.

Limawa whose Senegalese founder operates in Côte d’Ivoire aims to tackle the issues of food conservation and transportation through solar-powered split air conditioners that can reach -2°C.

Parkwell is a Nigerian online sharing platform that matches drivers with available, safe parking spaces and helps property owners list their parking spaces for optimum use.

Jand2Gidi also from Nigeria offers ‘Logistics As A Service’ to B2B and B2B2C customers whose users are engaged in cross-border trade.

Moja Ride from Côte d’Ivoire has made its mission to enable better and cleaner mobility services to African cities by making financing easy and accessible for all transportation professionals.

SafeTrack is a Moroccan technology startup that allows a 75% reduction in water consumption for irrigation at 20% of the price of its competitors.

Chestify AI Labs from Ghana provides an AI platform that gives a highly accurate algorithm for diagnosing chest X-Ray pathologies.

Yoonema is a Senegalese social e-commerce platform that offers a frictionless, unique, and simplified experience to e-buyers who desire quality products and B2B players who offer a full global e-commerce experience to their clients.

The ASIP Accelerator powered by SBC AfriTech will culminate in a Demo Day on 25 May 2023 where startup founders will pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.

For more information visit the website.