• Mon. Jul 22nd, 2024


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#FundBlackFounders: 60 African Startups to receive a share of $4million #GoogleforStartups Support!

Google has announced that 60 eligible black-founded startups across Africa have been selected for the second cohort of Google for Startups Black Founders Fund (BFF) for Africa. The startups joining the program will receive a total of $4million in funding and support to enable them to scale up their ongoing work. 

Each of the selected startups will receive support in the form of a 6 month training programme that includes access to a network of mentors to assist in tackling  challenges that are unique to them.  They will also be part of tailored workshops, support networks  and community building sessions. The 60 grantees will also get non-dilutive awards of  between $50,000 and $100,000 and up to $200,000 in Google Cloud credit. 

The grantees, made up of 50% women-led businesses, hail from Botswana,  Cameroon, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Senegal, South Africa and Uganda. They specialise in sectors such as fintech, healthcare, e-commerce, logistics, agtech, education, hospitality and smart cities. The top five countries with the most startups selected for the program are Nigeria with twenty-three grantees, Kenya with twelve grantees, Rwanda with six grantees, South Africa with five grantees and Uganda with four grantees. Botswana and Senegal have one selected startup each,  Cameroon and Ghana both have three grantees each while Ethiopia has two selected grantees.  

“Africa is a diverse continent with massive opportunity but the continent is faced with the challenge of limited diversity in venture capital funding flow. We hope that the Black Founders Fund program will be able to bridge the gap of disproportionate funding between expat startups over local and black-led companies.”, says Folarin Aiyegbusi, Head of Startup Ecosystem, SSA.

Launched in April 2012, the Google for Startups program has created over 4,600 jobs and raised more than $290M in funding. The Google for Startups Black Founders Fund program will introduce  the grantees in Africa  to Google’s products, connections, and best practices which will help the founders to level the playing field as they build better products and services that add value to the Africa economy.

“Programs like the Black Founders Fund enhance the African ecosystem – where we currently have gaps in funding and infrastructure. Google getting involved and throwing its might behind thriving entrepreneurs in Africa is a beautiful thing, and I am very happy that Google has continued the Black Founders Fund in Africa initiative in 2022.” says Abimbola Adebakin , CEO, MyMedicines and alumni of the 2021 BFF program.

Funding for the Google for Startup Black Founders Fund will be  distributed through Google’s implementation partner,  CcHUB. “The equity-free cash assistance to startups will enable them to take care of immediate needs such as paying staff, funding inventory, and maintaining software licences. This is to help the grantees buffer the cost of taking on debt in the early stages of their business as many of them do not have steady revenue streams yet”, Aiyegbusi concludes.

Funding Black founders in Africa fuels generational and systemic change. The Google for Startups Black Founders Fund for Africa program reinforces Google’s commitment to empowering entrepreneurs and startups in the region as a vital prerequisite to driving employment and growth on the continent.

Below is the list of the 60 startups that were selected for the second cohort of the Black Founders Fund in Africa.

S/NName CountryAbout
1.Agrikool South AfricaAgrikool is an agritech platform that connects farming producers and buyers to a fair and reliable market. 
2.AjuaKenyaAjua is an end-to-end operating system for SMEs to build a credible online presence, get feedback on their businesses and manage the relationship with their customers
3.AwabahNigeriaAwabah is a digital pensions platform for Africa’s workforce
4.BAG Innovation RwandaBAG Innovation is a virtual and gamified platform that offers real-time access to experiential learning for university students and recent graduates
5.Bailport RwandaBaliport is a cross-border, multi-currency payment platform focused on enabling intra-Africa & Africa outbound money transfers through blockchain.
6.Bee CameroonBee finances motorcycles to drivers while also providing training and access to jobs.
7.Bookings AfricaNigeriaBookings Africa enables Africa’s gig workforce to digitise and monetize their skills by connecting clients efficiently and transparently to skilled talent across Africa.
8.BrastorneBotswanaBrastorne connects the unconnected in Africa, enabling rural villages to have access to the digital world without smartphones or data.
9.Built GhanaBuilt enables access to business and financial tools for Sub-Saharan African small and medium-sized businesses (SMBs).
10.BuuPass  KenyaBuuPass is a travel startup – building digital rails for Africa’s intercity transport industry and supporting bus, train & flight transportation
11.Cauri Money SenegalCauri Money is a cashless remittance platform helping African migrants move money from around the world into mobile wallets in Africa. 
12.Clafiya NigeriaClafiya connects individuals, families, and businesses to health practitioners – enabling access to convenient, quality, and affordable, on-demand primary care from their mobile phones
13.ClinicPesaUgandaClinicPesa provides an easy-to-use platform where low-income users can set aside funds as low as $0.30 daily dedicated towards healthcare and get access to healthcare loans
14.COVA CameroonCOVA is a digital insurance platform that enables partner businesses to easily and seamlessly deliver insurance products to their users
15.CreditAIs South AfricaCreditAIs provides credit scoring tools for micro-businesses and individuals that do not fit the existing traditional credit scoring models
16.DohYanguKenyaDohYangu enables end consumers in Africa to shop FMCG products & get cashback rewards at various retail stores, saving up to 25%
17.Easy MatatuUgandaEasy Matatu provides a mobile platform that allows commuters to book and pay for scheduled rides on vetted and inspected minibuses
18.Eden Life NigeriaEden Life provides an operating system for receiving and rendering essential services in Africa – focused on offering food, cleaning, laundry, and beauty services to their customers.
19.Estate Intel NigeriaEstate Intel  provides reliable data to businesses that are investing or operating in the African real estate space.
20.Eversend UgandaEversend is a neobank, providing critical financial products in Sub-Saharan Africa – including cross-border financial services.
21.ExuusRwandaExuus empowers informal saving groups with a digital ledger, digital wallet, decentralised social credit score, and instant micro-loans to both groups and individuals.
22.Flex FinanceNigeriaFlex Finance helps businesses in Africa to manage approval workflow, access credit, issue corporate cards to employees and make disbursements all from one platform.
23.FlexPay KenyaFlexPay is a merchant-embedded digital savings platform that rewards customers for saving up for purchases – a save now buy later (SNBL) solution at checkout.
24.Gamr NigeriaGamr is an eSports tournament aggregation platform, helping African gamers discover tournaments they can play in and get rewarded for.
25.Garri Logistics EthiopiaGarri Logistics matches shippers looking to move cargo with vehicle owners and drivers, while finding optimal route pairings to reduce empty miles.
26.Haul 247NigeriaHaul247 is a logistics platform that connects manufacturing companies and farmers with trucks and warehouses.
27. HealthlaneCameroonHealthlane provides advanced comprehensive health screening and personalised plans, biometric monitoring, genetic analysis as well as in-person and virtual visits with top-rated doctors .
28. Healthtracka NigeriaHealthtracka is a platform that allows users access on-demand healthcare services in the comfort of their homes.
29..HerVestNigeriaHerVest offers a highly secured, women-focused financial platform that enables women to participate in key financial services, with a focus on female farmers.
30.KapsuleRwandaKapsule is a data as a service company that helps healthcare providers, insurers, and pharmaceutical companies to make better decisions
31.Keep IT Cool KenyaKeep IT Cool is an early-stage, fast-growing social enterprise that leverages technology to strengthen the African aquaculture and poultry value chain through cold chain and storage
32.KUDIGO GhanaKUDIGO offers an omni-channel digital commerce platform to empower micro and small businesses in Africa
33. Kyshi NigeriaKyshi provides multi-currency accounts and remittance services to and from Africa
34.LejaKenyaLeja is an Android/USSD application enabling African micro-entrepreneurs to digitise all their business transactions and manage all their finance in one place
35.LifeBank NigeriaLifeBank leverages technology to provide value in multiple segments (production, marketplace and distribution) of the healthcare supply chain such as blood, oxygen and medical supplies
36.Mapha South AfricaMapha provides delivery as a service to businesses in peri-urban & township areas
37.Norebase NigeriaNorebase provides a single digital platform and technology tools for entrepreneurs and businesses to start, scale, and operate in any African country and the United States.
38.OneHealth NigeriaOneHealth is an online pharmacy & healthcare platform that provides access to medicines, healthcare information, and solutions (Laboratory services & Doctors)  to the last mile patient.
39.PesaChoiceRwandaPesaChoice bridges the gap in liquidity for low-middle income earners across the continent and drives access to financial services.
40.PindoRwandaPindo is a cloud communication platform for businesses, optimised for developers.
41.PivoNigeria Pivo is a credit focused digital bank for trade, supporting businesses across Africa
42.QShopNigeriaQShop is an easy to use DIY e-commerce platform designed to help small and medium-sized businesses scale and sell better online.
43.Rekisa South AfricaRekisa helps businesses create their e-commerce websites and assists them with various digital marketing activities
44.Scrapays Inc NigeriaScrapays is creating operating system infrastructure for the recycling value chain in developing nations.
45.ShiipNigeriaShiip leverages web, mobile and API technology to connect individuals & businesses to delivery services in and out of Africa
46.Solutech (Kenya): KenyaSolutech helps field-sales teams to sell more  efficiently by leveraging powerful insights while providing FMCG companies with real-time data for day-to-day and strategic decision-making.
47.Spleet NigeriaSpleet leverages a ‘Rent Now, Pay Later’ model to drive its mission to ensure that every African can afford a space to live in.
48.Stears NigeriaStears is a financial intelligence company providing subscription-based content & data to global professionals. Its mission is to build the world’s most trusted provider of African data.
49.Synnefa KenyaSynnefa is building Africa’s first mini-farm ERP connected to IoT sensors that provide soil data which is combined with farmer activity data to create a farmer experience score that is passed on to financial partners to use on their credit score.
50.Technovera South AfricaTechnovera is an innovative tech startup focused on technology inclusion through the development of simple technologies aimed at improving last mile access in Africa. 
51.TERAWORK NigeriaTERAWORK is an online freelance marketplace focused on matching freelancers to service buyers.
52.TIBU Health KenyaTIBU Health is an omnichannel healthtech company connecting patients to healthcare services and professionals at a time and location of their choosing.
53.Topset Education NigeriaTopset Education is an edtech platform that makes quality education accessible to Africans everywhere.
54.TopUp Mama KenyaTopUp Mama enables restaurants in Africa to purchase food supplies, access financial services and manage their business.
55.Wellahealth NigeriaWellahealth provides technology and financial tools to healthcare providers and patients to enable affordability and accessibility of healthcare in emerging markets.
56.XenteUgandaXente is a digital financial platform with in-built spend management to support businesses across Africa
57.Zanifu KenyaZanifu enable SMEs to purchase inventory and pay later
58.ZayRideEthiopiaZayRide is a customer centric on-demand taxi service offering fast, convenient service throughout local areas in Ethiopia
59.Zuberi GhanaZuberi is a fintech platform based out of Accra, built to provide financial products and services to salaried workers in a way they have never experienced before
60.Zuri HealthKenyaZuri Health provides affordable and accessible healthcare services to patients across Sub-Saharan Africa via mobile app, website, Whatsapp chatbot and SMS service. 

By News Editor

Our News Editor, Muyiwa is an information management expert and Development Blogger with more than a decade experience in investigative reporting and journalism. He is passionate about human angle stories to all social issues in Nigeria and Africa.