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Google announces 15 promising startups for Accelerator Africa Class 7

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Tech giant, Google, on Monday announced fifteen participants for its 2022 Google for Startups Accelerator Africa Class 7 with Cote D’Ivoire joining for the first time.

A representative of Google and Head of Startup Ecosystem, Africa, Folarin Aiyegbusi made the announcement in a statement made available to newsmen

– “We’re thrilled to be starting off our seventh cohort with such a diverse and inspiring group of companies who are harnessing technology to tackle the problems that many people on the continent face every day”.

The class, which was selected from thousands of applications, with final selection based on product stage, programme alignment and market fit is aimed at lifting African companies who are committed to providing tech solutions to challenges, particularly problems that are peculiar to Africa.

“Startups in Africa are solving some of the region’s most pressing issues -from employment to logistics, banking, healthcare, and education. This is a journey that we’re happy to be on.”

The Google for Startups Accelerator Africa programme has supported 82 startups from 17 African countries over the past four years. Collectively, they have raised $112 million and created 2800 direct jobs. In this time, Google has invested $5 million through a combination of equity free funding and product credits for Google services.

“Google is committed to Africa’s growing startup and developer ecosystem,” adds Aiyegbusi.

“Providing end-to-end support and investment to startups pays off for everyone in the long run. As these startups grow, they advance their local economies, create jobs and opportunities, and provide solutions in their communities. A stronger African economy is great for everyone, and Google is committed to helping African businesses thrive,” he concludes.

One of the selected participants, Zita Agwunobi, CEO of iVerify.ng, expressed enthusiasm towards highly coveted opportunity and thanked the tech giant for “validating our dream”

“As a digital identity onboarding platform based in Nigeria, iVerify.ng is extremely delighted to have been selected for Class 7 of Google for Startups Accelerator Africa amidst our need to deploy more robust technology infrastructure and scale our operations across Africa. We’re looking forward to the workshops, mentoring and inestimable value we’ve heard so much about” Zita Agwunobi added

Another selected Start-up, Balqis  Chepkwony CEO of Kenyan Fleetsimplify says: “Fleetsimplify is thrilled to have been selected for the Google for Startups Accelerator Africa! We’re looking forward to working with the Google team to bring sustainable shared mobility solutions in Africa.”

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Facebook returns to Uganda after 4-year ban

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After four years of being in the cooler as a result of suspension by government, Facebook, now Meta, is making a return to Uganda after prolonged negotiations saw the Ugandan government reverse the ban it placed on the platform since 2021.

The suspension of the social media platform had stemmed from accusations by the government that Facebook was meddling in the country’s political affairs during the 2021 presidential elections which arose after it deleted government-affiliated accounts for allegedly spreading disinformation.

This ban of Facebook has led to widespread disruptions across the nation, affecting not only political discourse but also personal connections and business operations.

But according to reports, with a potential re-launch on the horizon for December 2024, Facebook’s comeback could be a game-changer with approximately 2.5 million Ugandans poised to reconnect on the platform, while the Uganda Revenue Authority stands to gain financially from its revival just as businesses, especially smaller enterprises, stand to benefit from advertising incomes.

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20 African tech-preneurs embark on Korean innovation tour

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The African Development Bank Group’s Innovation and Entrepreneurship Lab has selected 20 promising tech entrepreneurs from various African technology ventures and enterprise support organisations to embark on a two-week study tour of the Republic of Korea, with the aim of seeking investment and insights from the country’s innovative tech ecosystem.

The selected entrepreneurs are from 133 ventures that participated in last month’s Africa Tech Startup Forum.

The forum which will hold under the auspices of the lab’s “Leveraging the Entrepreneurial and Innovation Success of Korea to Strengthen African Enterprise Support” project, had selected entrepreneurs who pitched the best business models during the week-long virtual market access and acceleration programme preparing, training, and connecting technology ventures with opportunities.

The 20 young tech-preneurs were selected from eight African countries including Nigeria, Egypt, Ghana, Kenya, Morocco, Rwanda, South Africa, and Uganda, with the delegates spanning various sectors in the technology space.

While in Korea, the African delegates will pay visits to prestigious institutions such as Global Startup Centre, LG Science Park, the Korea Software Technology Association, and the Global Digital Innovation Network.

Speaking on behalf of the delegates, founder of Kenya-based health technology venture Zuri Health, Uche Ezadinachi said:

“I am excited to go to Korea because the country has made serious technological developments. The country is a technology-driven society, and this tour is an opportunity for me to see how we can bring such technology to Africa.

“We will share experiences with our Korean counterparts; they will learn from us as much as we learn from them,” he added.

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