The pan-African Startupbootcamp AfriTech accelerator has created a mentor-led angel community and investment syndicate designed to connect startups to mentors providing both operational help and capital. Startupbootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator, and in March 2021 launched the Africa Startup Initiative Programme (ASIP) to support the next generation of early-stage African tech startups disrupting a wide range of sectors. It recently accepted 10 startups into its fourth cohort. By leveraging pre-vetted startup deal flow through Startupbootcamp AfriTech’s extensive scouting network and due diligence frameworks, coupled with exclusive access granted by the Startupbootcamp alumni, members of this syndicate can participate in premier deal flow opportunities emerging from Africa. The aim is to do between US$3 million and US$5 million per year in startup deals through this network, and OnAfrica is calling on angels to join on the journey by submitting interest here.

Source: The North Africa Journal December 06, 2023 10:05 UTC