Empowering early-stage B2B startups in West and East Africa
Startup Wise Guys Africa Fund invests in early-stage B2B startups based in West and East Africa that solve meaningful problems and create positive impact. We speed up their growth through an intensive 5-months SaaS acceleration program with world-class mentors. The program supports early-stage tech startups with first revenues and a sustainable and highly scalable B2B business model across a number of sectors.
Investment deal for startups
Upon entering the accelerator program, startups are eligible for 100K € investment. We make additional follow-on investments of up to 250k € in winning teams to double down on the performers.
up to 100K€
Why Africa now
African startups are at the forefront of innovation, emerging in various tech sub-sectors such as Fintech, Retailtech, Healthtech, Edtech, Cleantech, and Agritech. These startups are driven by a mission to solve the continent’s challenges using innovative technologies.
Several factors contribute to Africa’s fertile ground for tech entrepreneurship. The continent boasts a youthful and rapidly growing population, a rising middle class, fast digital adoption, expanding mobile connectivity, the rise of SaaS business models, and the development of tech hubs.
While funding has historically been a challenge for African startups, there is a positive shift. Venture capital firms are increasingly open to investing in African startups, resulting in a growing number of funding rounds and deals recorded each year.
Early-stage investing remains challenging for individual investors due to the large markets and limited transparency. Startups and investors have expressed concerns about the quality of startup training and expertise, despite the increasing number of accelerators and innovation hubs on the continent.
This presents a unique opportunity to invest early in the most promising African B2B founders who are tackling the continent’s toughest problems. By supporting them through a world-class acceleration program, we accelerate their growth and contribute to the transformation of Africa.
A very active portfolio with companies like:
A cloud-based property management and services platform that automates tasks and processes for property owners and creates access to goods and services for tenants.
Year of investment