Founded to address the fragmented nature of material sourcing in Nigeria, Cutstruct offers a digital marketplace where developers and contractors can procure all their building materials in one place.
Ethiopia’s mobile money market has boomed in the past three years, led by Telebirr — operated by the state-owned Ethio Telecom — which claims over 40 million users.
MaC Venture Capital has previously backed African startups including Big Cabal Media (media), Afya Rekod (healthtech), and IdentityPass (identity verification).
“We’ve built a differentiated model that has consistently delivered growth and profitability despite limited access to capital and tough macro conditions."
Kevin Dillon, co-founder of Africa Bridge Fund and whose growth equity firm Atlantic Bridge has invested in 110 deep technology companies, contributes from Cape Town, South Africa.
MIC, together with Grindstone — a business accelerator co-owned by Knife Capital and Thinkroom — has designed the programme to accelerate high-growth, Black female-owned businesses with scalable models.
