$100,000 Investment for African Tech Startups – The Baobab Network

The Baobab Network Accelerator backs early-stage, tech-enabled African startups with investment and intensive support to help founders find product-market fit, increase traction and prepare for future fundraising.

Here’s what you can expect:

• $100,000 USD investment

• Funding paid as a single lump sum

• Baobab receives 12.5% equity

• Intensive accelerator support

• Hands-on venture and strategic support

• Product-market fit and growth assistance

• Fundraising preparation and investor introductions

• Access to follow-on investment opportunities

• No programme fees

• No Baobab board seat

• Lifetime access to its founder and investor network.

Who can apply?

• For-profit startups

• African-led founding teams

• Startups based in or with a presence in Africa

• Tech or tech-enabled businesses

• Early-stage companies with the potential to scale rapidly

• Businesses with an MVP and early traction are preferred

• Idea-stage startups may be considered if they can demonstrate validated market demand

• Solo founders can apply, although teams are generally preferred

• Startups from most sectors are considered

• Nonprofits aren't eligible.

Deadline: Rolling – applications