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African News Herald > Blog > Technology > Google supports African startups in new accelerator cohort focused on tech innovation
Technology

Google supports African startups in new accelerator cohort focused on tech innovation

ANH Team
Last updated: November 14, 2024 2:09 am
ANH Team
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Google has recently announced its latest cohort of startups selected for the 2024 Google for Startups Accelerator Africa. This initiative aims to support and fuel Africa’s thriving tech landscape by providing mentorship, resources, and equity-free support to startups across the continent.

The 2024 accelerator program features a diverse group of African innovators focused on tackling challenges through cutting-edge solutions in sectors like fintech, healthtech, and artificial intelligence. Selected startups gain access to Google’s extensive network, positioning them for industry growth and impact. The program, launched in 2018, has supported over 106 startups from 17 African countries, collectively securing $263 million in funding and generating over 2,800 jobs.

This year’s cohort includes startups like Aveade, a digital marketplace connecting buyers and sellers; Breaze Delivery, a real-time delivery platform; Mapha Logistics, equipping merchants with digital tools; Swagshack, an online streetwear marketplace; Vuleka, an e-commerce and fintech platform; and Wisi-Oi, a video-driven fashion resale platform.

These startups are poised to make significant contributions to their industries and the broader economy, contributing to job creation, skill development, and technological advancement. Google’s investment in African startups serves as a catalyst for growth and showcases the continent’s potential to influence the global tech landscape through homegrown innovations.

In a challenging venture funding environment, especially at the early stages, Google’s accelerator program provides a crucial launchpad for African startups. With its mix of resources, expertise, and vast network, the program offers entrepreneurs a solid foundation to scale innovative solutions that address pressing challenges in Africa.

Overall, Google’s commitment to supporting African startups is a testament to the continent’s entrepreneurial spirit and potential for technological advancement. By nurturing and empowering these startups, Google is contributing to the growth and development of Africa’s digital economy and positioning the continent as a key player in the global tech industry.

See also  The African Energy Chamber (AEC) Thanks Trump Administration for Supporting Mozambique Liquefied Natural Gas (LNG) Project After Export-Import Bank of the United States (EXIM) Re-Authorizes $4.7B Loan
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