Come and see AFRICA’S BEST SHOWCASE OF 20 SERIES-A READY TECH STARTUPS FROM ACROSS SUB SAHARAN AFRICA

Selected from over 900 applications, 20 Series A ready tech startups will present their businesses to you on November 16-17, 2017 in Cape Town, South Africa.  

ALL of these companies: have current revenue, have previously received outside investment, have received 4 months of expert mentoring to prepare them to meet with serious investors. Most companies are seeking US$500,000 to $1.5 million in Series A funding.

The Innovation & Entrepreneurship (I&E) Unit within the World Bank focuses on improving the capabilities and growth prospects of firms as well as developing the ecosystems that directly support them and the broader innovation and entrepreneurship systems. I&E’s Digital Entrepreneurship Program help clients empower digital technology entrepreneurs to bring locally-relevant, innovative products to emerging and frontier markets. The program builds the capacity of the enablers to meet the needs of entrepreneurs at different stages of growth.

This includes emphasis on access to finance and regional acceleration activities to build a pipeline of talent for the program.  In support of these activities, we are working closely with mLabs in Senegal, Kenya and South Africa to execute regional programs designed to support the scaling and internationalization of growth-oriented entrepreneurs. 

The XL Africa program is designed to pilot pan-African acceleration services to the most promising, growth-oriented digital start-ups in Sub-Saharan Africa and aims to bring around 20 star performers across Africa to scale through a rapid process of exposure to global capital and industry connections. Access to Finance activities seek to enable and assist entrepreneurs in identifying appropriate sources of capital, preparing them for fundraising, and for approaching investors. These businesses will receive intensive face-to-face and virtual support in order to link them with the expertise, capital and markets they need to scale.  

 
 

 

Are you an interested investor?

 

Collaborate with XL Africa

  • Get a first look at selected XL Africa startups
  • Get access to a quality pipeline of startups to invest in, each with articulated investment plans
  • Network and make connections with other African investors

SIGN UP FOR XL AFRICA’S INVESTOR NETWORK. We want you on board.

Name

Cover photo: klndonnelly (CC BY 2.0)

XL Africa is supported by the World Bank Group, with financial assistance from the Governments of Finland, Norway and Sweden, and managed by implementing partners IMC Worldwide, VC4Africa and Koltai&Co.

 

Donors

Implementers