African Startups Accelerator Program: Spring Fellowship 2019 in Africa

Spring Fellowship is a 4-month accelerator program backed by global corporate leaders and created by Kinaya Ventures. Spring Fellowship will take place mainly in Abidjan and is open to 8 African startups operating across AgTech, FoodTech, MarTech/AdTech, RetailTech.

What does it solve?

2018 was a monumental year for African startups, with US$ 1.163 billion raised in equity funding, a 108% YoY growth. But despite their capacity to develop disruptive solutions, products, services, 80% of African startups fail to succeed in their first year of existence. The top 3 reasons known are the inadequacy between their solutions and prospective clients’ needs; the lack of financing; the absence of depth of market. Hence, the fellowship will aid the startups in Africa to circumvent the stated issues.

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Who is Kinaya Ventures?

Kinaya Ventures is a Dakar / Abidjan based innovation and investment platform co-founded by two inspiring African entrepreneurs Laïssa Mouen and Eva Sow Ebion, backed by leading corporates partnerships and lifted by a leading team with key expertise in startups ecosystem, digital marketing, and investment. Kinaya Ventures’ mission beyond connecting the dots between startups, corporates and investors, is to upskill entrepreneurs and help them scale. Kinaya Ventures’ ambition is to act as a digital ecosystem enabler in Francophone Africa and beyond.