Afreximbank Opens Applications for Trade Tech Accelerator
TLDR
- African tech startups can now apply for the Afreximbank Flagship Accelerator Programme
- The initiative aims to support scalable, innovation-driven solutions that enhance intra-African trade
- Selected startups will receive tailored mentorship, access to Afreximbank’s network, and potential equity investment of up to $250,000.
African tech startups can now apply for the Afreximbank Flagship Accelerator Programme, an initiative aimed at supporting scalable, innovation-driven solutions that enhance intra-African trade. The programme targets startups working on challenges in cross-border payments, trade finance, and digital commerce platforms.
The accelerator is sector-agnostic but prioritises ventures that directly enable trade across African borders. Selected startups will receive tailored mentorship, access to Afreximbank’s network, and potential equity investment of up to $250,000.
“We welcome innovative trade-enabling solutions across all sectors,” Afreximbank said in a statement. “We are particularly interested in solutions that address key challenges in intra-African trade.” Applications are open until June 30. Interested entrepreneurs can apply via the programme’s official platform.
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Key Takeaways
The Afreximbank Flagship Accelerator comes at a critical time for African trade integration. Despite the launch of the African Continental Free Trade Area (AfCFTA), cross-border transactions remain constrained by fragmented payment systems, limited trade finance, and underdeveloped logistics and digital infrastructure. By backing early-stage tech startups focused on these bottlenecks, Afreximbank aims to accelerate practical, private-sector-driven solutions that can scale across borders. The up to $250,000 in potential funding—paired with access to one of the continent’s most influential trade institutions—offers a strong launchpad for founders seeking to drive meaningful impact in Africa’s trade ecosystem. Startups selected for the accelerator will benefit not just from capital but also from strategic alignment with Afreximbank’s broader mandate to support Pan-African commerce through financial innovation, infrastructure development, and policy advocacy.
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