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25 African Startups to Receive $4M Google for Startups’ Black Founders Fund

Google for Startups (GfS) has announced the 25 African-based startups selected for this year’s $4million Black Founders Fund, an equity-free grants and mentoring program for early stage Black-led high-growth businesses across Europe and Africa. 

The 25 African startups, from the cohort of 40 startups from Europe and Africa, will receive up to $150,000 in non-dilutive cash awards, up to $200,000 in Google Cloud credits, Ad support, 1:1 mentoring by industry experts and invaluable connections within Google’s network.

According to Folarin Aiyegbusi, Head of Startups Ecosystem, Africa at Google “Startups play a major role in advancing Africa’s digital transformation. We look forward to working with this group of innovative founders who are using technology to solve some of the most pressing challenges in Africa. The Google for Startups Black Founders Fund is committed to addressing the stark inequality in VC funding by providing Black founders with the resources and support they need to succeed” 

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From accessible healthcare to efficient logistics, to innovative fintech solutions, these startups are harnessing the power of technology to address some of Africa’s most pressing challenges. HealthDart is elevating healthcare by providing comprehensive services and insurance through its digital platform. Tushop is reimagining retail with a group-buying platform in Kenya that encourages cost-saving and community engagement. Herconomy is breaking new ground in the fintech sector with its goal to become Africa’s first women-focused bank. 

The funding will provide the businesses with the capital needed to take their ventures to the next level and expand to new markets, supercharging economic opportunities and job creation.

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Early-stage investment is essential for the success of startups and the African startup ecosystem as a whole. This is crucial for Africa to become a global tech leader. With the significant decrease in African tech investment in 2023, startups in Africa need funds to sustain their growth and develop innovative solutions for the continent.

Since its inception, the Black Founders Fund has facilitated over $205 million in investor conversations, representing a 12-fold increase. This has sparked significant growth within the participating startups, with their combined monthly recurring revenue now exceeding $6.1 million, marking a 7% increase. 

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List of Startups 

  • Akoma Health (Nigeria): Tech platform for accessible, culturally conscious mental health services in Africa.
  • BezoMoney (Ghana) : Digital banking for Africa’s underbanked via mobile/web platforms.
  • Chargel (Senegal): Digital trucking platform connecting shippers/carriers in Francophone West Africa.
  • Charis UAS (Rwanda): Provides 3D geospatial data via drone technology.
  • Evolve Credit (Nigeria): SaaS for digitising and managing banking services.
  • Excel At Uni (South Africa): Supports student funders via digital services.
  • EzyAgric (Uganda): AI-powered mobile technology to enhance Africa’s farming sector.
  • Fez Delivery (Nigeria): Last-mile logistics platform for various industries.
  • Fleetsimplify (Kenya): Monetization platform connecting gig drivers & vehicle owners.
  • HealthDart (South Africa): Digital HMO providing end-to-end health services with insurance.
  • Herconomy (Nigeria): Female-focused fintech aiming to be Africa’s first women’s bank.
  • Jumba (Kenya): Improving Kenya’s construction sector supply chain via B2B platform.
  • MDaaS Global (Nigeria): Tech-powered diagnostic centres for affordable healthcare.
  • My Pocket Counsel (Nigeria): Legal tech platform for contract generation and management.
  • Orda (Nigeria): Pan-African neobank for restaurants, offering cloud-based software.
  • Periculum (Nigeria): Data company aiding in credit assessment, fraud/churn risk.
  • Raenest (Nigeria): Fintech offering global financial services to freelancers/startups in Africa.
  • Ridelink (Uganda): E-logistics platform providing shipping and real-time tracking.
  • Susu (Côte d’Ivoire): Health platform providing healthcare services/insurance funded by African diaspora.
  • Talamus Health (Ghana): Tech solutions targeting healthcare inefficiencies in Africa.
  • TruQ (Nigeria): Streamlining mid-mile logistics across Africa with third-party vehicle connectivity.
  • Tushop (Kenya): Tech platform for group buying of daily essentials in Kenya.
  • Uzapoint (Kenya): Mobile/web POS for digitising bookkeeping in Africa’s informal sector.
  • Zinacare (South Africa): Online platform for accessible, affordable healthcare services.
  • Zydii (Kenya): Localised digital training solutions for African SMEs.
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James Musoba
James Musoba
Studying Africa's startup and technology scene. I always look forward to discovering new exciting inventions and vibrant entrepreneurs.

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