Telecel Group and Startupbootcamp AfriTech Select Participants for Africa Startup Initiative Program Accelerator – ASIP

ASIP

Startupbootcamp AfriTech, a leading tech accelerator in Africa, has joined forces with telecommunications giant Telecel Group to select the participants of the highly coveted Africa Startup Initiative Program (ASIP) Accelerator. The program aims to support the next generation of early-stage African tech startups that are disrupting key industry verticals such as FinTech, InsureTech, AgriTech, Climate-tech, eCommerce, Digital Health, and CleanTech, Mobility, Micro-leasing, and digitizing the informal economy.

The ASIP Accelerator has been able to help founders fine-tune their business models while also facilitating entry into new markets, such as Senegal. This has been made possible through a historic partnership with DER/FJ, which was established to advance Entrepreneurship for Women and Youth in Senegal by the President of the Republic, His Excellency Macky Sall.

Participants will receive an intensive three-month coaching and support program to accelerate their growth and benefits worth $750,000 USD. Startups will also have access to the global Accelerator Squared platform, which has a complete library of content, group workshops, 1:1 mentoring, collaborative sessions with Entrepreneurs in Residence, and invite-only discussion forums with founders from around the globe. The program will take place in Dakar, Senegal and startups will be hosted at the D-hub, a space commissioned by DER/FJ.

Eleanor Azar, Executive Deputy of the Group and ASIP Director said, “we are very proud of the great effort that was put into this cohort 3 of the ASIP Accelerator Program powered by Startupbootcamp AfriTech – we have exceptional startups with innovative and positively disruptive ways of treating the African challenges that they have set out to solve and build their Startups around. We are also exceptionally proud that the number of female founders has increased.”

Other partners include the Dutch Entrepreneurial Development Bank (FMO), AWS, Freshworks, Google, and Firstbase. We are honored to announce that the following startups will be joining the 2023 ASIP cohort 3: Kyanda Africa, a revolutionary Kenyan fintech platform that provides businesses and individuals with convenient and reliable money transfer solutions.

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