TOKTOK9JA MEDIA

Welcome, we offer 24hrs Updates on Trending Naija News, Global News, Gossip, Events, Interview & Much More…

Google Announces Winners of Google Black Founders Fund in Africa 2022 – Event Highlights

8 min read
Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam

60 exceptional startups emerge winners of Google Black Founders Fund in Africa 2022.

Tech giant Google has announced the winners of this year’s Google for Startups Black Founders Fund (BFF) for Africa.

The winners were unveiled by Folarin Aiyegbusi, Head of Startup Ecosystem, SSA during the launching of the “Google for Startups Black Founders Fund (BFF) 2022 on Tuesday in Abuja.

According to Aiyegbusi, the winners will receive a total of $4million in funding and support to enable them to scale up their ongoing work.

Furthermore, 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. 

Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam
Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam

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.

Also Read: Flying hotel that ‘never lands’ could see 5,000 guests soar through the skies in luxury

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.  

Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam

“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.

READ: Will Samsung bring 200MP cameras on its upcoming flagship phone? Here’s what we know

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.

Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam
Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam

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.

READ: Canada declares shortage of manpower, invites Nigerians, others to fill one million vacancies

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.

Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam
Google Announces Winners of Google Black Founders Fund in Africa 2022 - Event Highlights
Photo Credit: Director Pam

The list of the 60 startups that were selected for the second cohort of the Black Founders Fund in Africa, include Agrikool in South Africa, Ajua in Kenya, Awabah in Nigeria, Bailport in Rwanda, Bee in Cameroon, Bookings Africa in Nigeria, Brastorne in Botswana, Built in Ghana, BuuPass  in Kenya, Cauri Money in Senegal, Clafiya  in Nigeria, ClinicPesa in Uganda, COVA in Cameroon, CreditAIs in South Africa, DohYangu in Kenya, Easy Matatu in Uganda, Eden Life in Nigeria, Estate Intel in Nigeria, Eversend in Uganda, Exuus in Rwanda, Flex Finance in Nigeria, FlexPay in Kenya, Gamr in Nigeria, Garri Logistics in Ethiopia, Haul 247 in Nigeria, Healthlane in Cameroon, Healthtracka in Nigeria, HerVest in Nigeria, Kapsule in Rwanda, Keep IT Cool  in Kenya, KUDIGO in Ghana, Kyshi in Nigeria, Leja in Kenya, LifeBank in Nigeria, Mapha in South Africa, and Norebase Nigeria.

READ: What is PCI Compliance and Why Is It Important For Your Company?

Photo Credit: Director Pam
Photo Credit: Director Pam

Others are OneHealth in Nigeria, PesaChoice in Rwanda, Pindo in Rwanda, Pivo in Nigeria, QShop in Nigeria, Rekisa in South Africa, Scrapays Inc in Nigeria, Shiip in Nigeria, Solutech in Kenya, Spleet in Nigeria, Stears in Nigeria, Synnefa in Kenya, Technovera in South Africa, TERAWORK in Nigeria, TIBU Health in Kenya, Topset Education in Nigeria, TopUp Mama in Kenya, Wellahealth in Nigeria, Xente in Uganda, Zanifu in Kenya, ZayRide in Ethiopia, Zuberi in Ghana, and Zuri Health in Kenya.

Credits: Dotunroy Media, News Diary

Below is the full 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 Africa

DO YOU HAVE ANYTHING YOU WANT TO TELL US ABOUT NIGERIA? CLICK HERE TO JOIN ESSENCE FORUM AND SHARE YOUR TOPICS WITH OVER 4000 MEMBERS.

WATCH MORE NEWS ON OUR YOUTUBE CHANNEL CLICK HERE TO SUBSCRIBE

Google Announces Winners of Google Black Founders Fund in Africa 2022 – Event Highlights.

From Toktok9ja Media

The views expressed in this article are the writer’s opinion, they do not reflect the views of the Publisher of TOKTOK9JA MEDIA. Please report any fake news, misinformation, or defamatory statements to toktok9ja@gmail.com

Leave a Reply

Your email address will not be published.