Ecobank, Nium unlock real-time cross-border payments across 35 African markets

Over the next four months, the semi-finalists will test and refine their ideas, which will be evaluated for impact, scalability, and sustainability.

Fintech funding increased by 633% in Q3 2024, compared to Q2 2024, and by 169% in Q3 2023.

The ten finalists will present innovative solutions at Demo Day later this month.

Securing capital remains a major challenge for SMEs, with traditional financial institutions often viewing them as high-risk borrowers.

The event will bring together venture capitalists and start-ups working in climate tech and the green economy.

This year's competition aims to identify and promote noteworthy agri-tech businesses tackling key agricultural challenges in West Africa.

The online marketplace has begun to offer payment, logistics, and traceability services as it looks to expand.

Up to 10 000 start-ups will have access to industry-specific AI expertise to advance their businesses.

Felix Mutati, minister of science and technology, announced that the AI strategy will be launched within the next two months.

Start-ups can apply to join on the accelerator website until May 31, at which point the entries will be filtered down to a top ten.

The application deadline has been extended to 5 May, with finalists being awarded €10,000 in funding and a curated networking tour to Ireland.