Starting in 2017, the first SBC AfriTech program accelerated 29 incredible African startups that have set an incredibly high bar for the next program.
• 90% are still operating and scaling at impressive rates
• 40% have raised follow-on rounds of funding
• 50% of the startups raising capital have closed rounds at valuations more than 10x since Demo Day
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Now it is your turn!
We are looking for the next generation of African startups disrupting industry sectors including FinTech, InsureTech, AgriTech, eCommerce, Digital Health, and CleanTech. Backed by anchor partner Telecel Group, the program is ideal for startups with a mobile tech focus. Additional corporate partners are lining up to engage with startups through pilots and Proof of Concepts projects that can open the doors for longer term commercial agreements.
During the Covid pandemic, SBC launched Accelerator Squared as a fully online platform that enables startups to access the 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 remote accelerator concludes with an online Demo Day where startup founders pitch their disruptive solutions to a broad audience of media, investors, corporate partners, and industry stakeholders.
Applications will open soon and the 10 startups in the program will receive benefits valued at more than €500,000, including credits from AWS, Google Cloud Services, and many more. SBC also invests €15,000 in cash.
SBC AfriTech has invested in some of the most inspirational startups in Africa. If you believe you could be their next rising star, get ready to apply!
ASIP at Demo Day 2024
ASIP at the MWC19
February, 2019 (Barcelona, Spain) – Telecel Group launched African Startup Initiative Program for young entrepreneurs in all areas of Technology related innovations at the Mobile World Congress 2019. Telecel Group aims to contribute in a meaningful way to the African community by supporting young individuals who strive to better their lives and the lives of their communities. The program exposes the selected startups to international communities and organizations, attracting international partners that can add value to the startups.
BEHIND IT ALL
90% Telecel Group launched an Africa Startup Initiative program for young entrepreneurs in all areas of Technology related innovation to participate in Telecel Group booth at the most prestigious event for telecom and technology in the World – the MWC in Feb 2019 – Barcelona.
Telecel Group is a telecom firm established in 2007, very well recognized for the quality and effectiveness of the telecom solutions and services that they offer to a multitude of mobile network operators across the globe, in addition to owning networks of their own all across Africa.
Sponsored Startups
for 2024
Babimo, established in 2021 by El Mehdi Messek in Abidjan, is at the forefront of innovation, leading the way in the widespread adoption of contactless payment systems through QR codes.
Introducing KoriPass, the revolutionary game-changer in electronic wallets! Whether you opt for the sleek bracelet, eye-catching sticker, or handy keychain, KoriPass is set to redefine the landscape of payments. Seamlessly integrating with physical accessories, this electronic marvel allows users of mobile money services such as Orange Money, Free Money, E-money, and more, along with anyone else, to effortlessly make contactless payments.
Primed E-health pioneers the transformation of African healthcare through its revolutionary Smartclinic innovation. Established in 2012 and incorporated as Primed E-Health in 2021, their flagship product, Eclinic pro, evolved into Smartclinic—an Electronic Hospital Management System tailored for Nigeria.
LyfPlus Limited, a telemedicine provider company based in Dar es Salaam, Tanzania, is revolutionizing healthcare accessibility in the country. Founded by William Mduma, the startup addresses the challenges faced by individuals due to limited healthcare professionals and long queues at hospitals.
Messenger not only streamlines logistics by providing financial resources to operators like riders and drivers but also connects them with businesses for efficient last-mile deliveries, fostering trade and commerce.
Ostafandy | أوسطفنـدي is a leading platform from Egypt, offering technological software services tailored for smart handymen, engineers, and consumers. Their innovative platform connects professionals across various fields, from plumbing to artificial intelligence, providing a comprehensive solution for all home projects.
At the intersection of education and empowerment, Edusko Inc. has crafted an innovative education marketplace for schools, parents, students, and lenders. With a focus on fostering future prosperity, their platform is currently placing high-potential students in over 7,500 top K-12 private schools across Nigeria.
Formed in May 2021 within the Kyaka 2 refugee settlement in western Uganda, Munakyalo Agrofresh introduces innovative solutions to prevent food spoilage. Through solar-powered cold storage and preservation stations known as Cold Hives, smallholder farmers and market vendors benefit from an extended shelf life of perishable produce, from the usual two days to an impressive three weeks.
Since their establishment in 2022, 10mg Pharma has systematically addressed the challenges of managing chronic pain in Africa by pairing healthcare providers with financing partners, resulting in up to 15% in savings for patients.
ABOUT ASI Program
The success of Telecel Group over the past few years in Africa has been wide spread and leaving a wide footprint of Telecom services and operators; in addition, Telecel Group plans to expand further in the continent and strengthen its foot hold and reach. As part of its CSR activities, Telecel Group wants to contribute in a meaningful way to the African community and what better way than to help and support the young African individuals who strive to better their lives and the lives of their communities.
Telecel Group launched an Africa Startup Initiative program for young entrepreneurs in all areas of Technology related innovation to participate in Telecel Group booth at the most prestigious event for telecom and technology in the World – the MWC in Feb 2019 – Barcelona.