Kenya’s FlexPay & Buupass among 60 startups to receive Ksh. 479.2 million in funding from Google

Google has announced that 60 black founded startups across Africa have been selected for the second cohort of Google for Startups Black Founders Fund (BFF) for Africa. The startups joining the program will receive a total of Ksh. 479.2 million ($4 million) in funding and support to enable them to scale their work.

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. They will also be part of tailored workshops, support networks and community building sessions. The 60 grantees will also get non-dilutive funding of between Ksh. 6 million($50,000) and Ksh.12 million ($100,000) and up to Ksh. 24 million ($200,000) in Google Cloud credit.

The grantees, made up of 50% women-led businesses, are from Botswana, Cameroon, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Senegal, South Africa and Uganda. 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.

Below is the list of the 60 startups that were selected for the second cohort of the Black Founders Fund in Africa.

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