Here’s an updated comprehensive list of over 150 latest startup funds targeting your startup in 2025. Now includes contact points with key stakeholders of the funds.
Launched in 2021, it provides non-traditional financing models—such as concessional loans and revenue-based investments—to plug the financing gap for early-stage social businesses beyond what conventional grants or equity rounds can offer.
There’s also a chronic geographic imbalance. Cities like Lusaka, Douala, and Bamako appear only sporadically on the accelerator map, despite emerging tech scenes. And of the few programs based in Somalia, Cameroon, or Tanzania, nearly all are inactive.
Rutakangwa and Sewankambo both cut their teeth at Kampala-based Owino Solutions, where they built web systems for East African clients and dabbled in digital media to amplify local culture.
Cameroon now accounts for over 70% of mobile money transactions in Central Africa. According to BEAC, it processed more than €90bn in mobile money transactions in 2022 alone.