The Baobab Network, Africa’s leading tech accelerator, has announced its most recent cohort. With this, The Baobab Network has broadened its portfolio to include five new start-ups from Kenya, Togo, Nigeria, Guinea, and Morocco, each backed with a $50,000 USD capital injection.
The new additions shaping the Q1 2023 cohort:
Afrigility (Kenya), Eazy Chain (Togo), formerly Togo Cargo, ePoultry (Nigeria) , MuduPay (Guinea Conakry), Colis.ma (Morocco)
Aside, from a cash injection of $50,000 USD every company receives, it also comes along with a customised, expert-led accelerator program. This program facilitates valuable connections with leading angels and VCs through a Demo Day.
Namara, Head of Ventures at The Baobab Network, said, “Once again we have witnessed the power of African innovation first-hand with this incredible cohort of start-ups. Their passion, creativity, and determination to solve pressing challenges in their communities and ecosystems have been truly inspiring. We are proud to have been chosen to join them on this journey and looking forward to seeing their transformative impact in the African ecosystem and beyond as we go for scale.”