January 19

Aboyeji and Koschitzky-Kimani Launch ‘African YC’ with Support from a $750,000 USAID Grant

By Tapiwa Matthew Mutisi

Iyin Aboyeji, founder of VC firm Future Africa, and general partner Mia von Koschitzky-Kimani, are set to launch Accelerate Africa, an accelerator supported by a $750,000 USAID grant. With both founders having experienced significant startup successes, they aim to foster the next wave of global businesses from Africa.

Aboyeji has expressed a desire for Accelerate Africa to become the Y Combinator (YC) of Africa. The inaugural Accelerate Africa cohort will run for eight weeks and welcome ten pre-seed and seed-stage startups from any sector across Africa’s 54 countries.

Photo courtesy of Cytonn Photography.

Source: Innovation Village (link opens in a new window)

business development, MSMEs, startups, venture capital