22 top-tier tech startups from Africa were invited to the Startupbootcamp Accelerator with an opportunity to present their pitches to high-profile corporate sponsors, investors, thought leaders and industry experts and will have the chance to sit down with mentors and sponsors alike.
At the end of Day Two, the Top 10 will be announced and will be welcomed to the Cape Town-based Accelerator that kicks off on 13th August 2018. During the 3-month period, they will have the opportunity to scale at an incredible pace and seal pilot and proof of concept deals with the corporate sponsors to the programme.
According to Philip Kiracofe, co-founder and CEO of Startupbootcamp Africa, “From 1,004 applications we managed to narrow down to 22 of the most creative teams tackling daunting African problems. One of the key differentiators for startups that participate in the SBC Accelerator is the opportunity to secure commercial contracts with our sponsors. In order to make it onto our Top 22, each startup has been chosen by at least 2 sponsors for potential proof of concept projects. The 2018 cohort is already shaping up to be a milestone moment for Africa.”
The Top 22 startups invited to the Final Selection Days come from 7 different countries. The numbers are as follows: 8 from Nigeria, 5 from South Africa, 3 from Uganda, 2 from the Ivory Coast, 2 from Kenya, 1 from Ghana and 1 from Ireland.
The 22 startups include Nigeria’s Bankly Technologies, Biyabot, CredPal, FriendsVow, Kudimoney Bank, Medikal HMS, NebulaPay, and ZEEZZ Planet Solutions. South Africa’s Brandbookalytics Big Data, ifileme, LÜLA, Prospa, and Akiba Digital; Uganda’s CoinPesa Ltd, RoundBob Uganda, and Swipe 2 Pay; Ivory Coast’s Digitech Group, and DISTRICASH; Kenya’s Kakbima, and MPost; Ghana’s Inclusive Financial Technologies and Ireland’s Pago Payments.
Startupbootcamp (SBC) Africa is the Africa-leg of a global family of industry-focused accelerators. This year is the second consecutive year that the programme will take place in Cape Town, and over the past 3 months the SBC team have criss-crossed the globe in search of the very best in tech talent.
Zachariah George, co-founder and Chief Investment Officer of Startupbootcamp Africa added, “The investment community across Africa is taking note of the significant traction and access to market that being an alumni of a global accelerator programme like ours provides. We are excited to further galvanize venture capital funding into tech startups through significant de-risking of business models and customer validation with our corporate partners globally.”
The SBC Africa Accelerator is anchored and endorsed by heavyweight corporate sponsors RCS, BNP Paribas Personal Finance, Nedbank, Old Mutual and PwC.