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Start Up Start-ups

€65 M

committed to supporting African start-ups by 2022, in partnership with local partners

SUPPORTING AFRICAN ENTREPRENEURS

The AFD Group recognises the important role of start-ups in developing innovative solutions that respond to local needs in developing and emerging countries.

These start-ups have significant potential in terms of job creation and impact on local economic development.

AFD and Proparco thus bring together capital, resources and business know-how to support African entrepreneurs and their entrepreneurial ecosystems.

Our financing solutions

EQUITY INVESTMENT

Via our local fund partners

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  • Proparco partners with a number of private equity funds that invest into African start-ups and SMEs in their early and growth phases. Through our fund partners, businesses can access capital, as well as benefit from local expertise, knowledge and training to support their development.

If you are an entrepreneur looking for local investors, you can contact our fund partners directly.

EQUITY INVESTMENT

Directly by Proparco, on exception

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  • Proparco can also invest directly into start-ups, looking to scale-up innovative business models with high developmental impact in Africa.  As a minority shareholder, our investment amounts range on average between €500 k to €3 M and we target successful companies in high-growth markets, with a demonstrable track record and proven business model.

Direct investments are highly-selective, and the exception to our core activity, which is to support the growth of private equity and venture capital funds that target SMEs and entrepreneurs in Africa.

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Our support and advisory solutions

TECHNICAL AND STRATEGIC SUPPORT

Capacity-development and advisory services

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  • The AFD Group is an active and long-term partner, combining financing with technical and strategic support. Local investment fund managers, as well as start-up and SME beneficiaries, can benefit from expertise on strategy, operations, improved environmental, social and governance standards, and leverage our local and global networks.

INCUBATORS, INVESTMENT READINESS

Supporting the development of local entrepreneurial ecosystems

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  • AFD finances and supports local incubators and entrepreneurial structures on the African continent (for example, Afric’innov or AFIDBA – AFD for Inclusive & Digital Business in Africa).
  • Through its Investment Readiness Programme, it also seeks to accompany start-ups and SMEs with high-impact potential become investment ready, sustainable and scalable.

Consult the list below for our local incubator partners, to find out more about the services available (financing, mentoring, training, etc.)

SOCIAL AND INCLUSIVE BUSINESS CAMP

Acceleration programme for African entrepreneurs

  • A programme that provides high social impact entrepreneurs in Africa with the springboard that they need to accelerate and scale-up their projects. The SIB Camp brings together a community of 60 African entrepreneurs to engage with experts, receive mentoring, work on concrete scaling-up solutions, share experiences, network, etc.

THE PLATFORM, DIGITAL AFRICA

Supporting digital innovation in Africa

  • The initiative is led by the Digital Africa Association, a consortium of public and private actors (including AFD) active in the field of innovation and entrepreneurship in Africa. It is also an online platform where entrepreneurs, investors and innovation facilitators can meet, exchange, collaborate and share resources to strengthen collaborative dynamics in their respective sectors and communities.

START-UP CHALLENGE - DIGITAL AFRICA

An acceleration package for 5 African start-ups
  • Has your start-up got an innovative product or service that could help Africa’s development? Do you want to contribute to Africa’s digital transition?

Enter AFD’s Digital Challenge to benefit from mentoring, incubation, networking and funding for your project!

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OUR EMBLEMATIC PROJECTS

Explore the map to discover some of the start-ups, venture capital funds and entrepreneurial structures that the AFD Group supports in Africa.

Country

Investment type

Our local partners

To find our venture capital fund and incubator partners closest to you, please select your location.

wdt_IDName of partnerPartner TypeLocationWhat financing/services are available?Eligible companiesContact
212Bond’innovIncubatorFrance,AfricaSupport, financing, co-working spaces, networking, etc.Innovative start-ups/SMEs (health, biotechnology, environment, etc.)https://www.bondinnov.com/
213SaboutecIncubatorGuineaSupport, co-working spaces, networking, etc.Start-ups in the ICT sectorhttp://www.saboutech.org/
214Cipmen NigerIncubatorNigerSupport, co-working spaces, networking, etc.Start-upshttp://www.cipmen.org/
215CTIC DakarIncubatorSenegalSupport, guidance, co-working spaces, networking, etc.Start-ups in the ICT sectorhttp://cticdakar.com/fr_fr/
216La FabriqueIncubatorBurkina FasoSupport, co-working spaces, networking, etc.Social businesseshttps://www.lafabrique-bf.com/
217EtriLabs BéninIncubator/AcceleratorBeninSupport, co-working spaces, networking, etc.Start-upshttps://etrilabs.com/
218Innohub LimitedIncubator/AcceleratorGhanaSupport, co-working spaces, networking, etc.Start-upshttp://www.innohub.com.gh/
219La Fabrique - OugadougouIncubatorBurkina FasoSupport, co-working spaces, networking, etc.Social businesseshttps://www.lafabrique-bf.com/
220MakeSense - DakarIncubatorSenegalSupport, training (design thinking, collective intelligence)SMEs/start-upshttps://africa.makesense.org/contact/
221NUMA MarocIncubatorMoroccoSupport, co-working spaces, networking, etc.Start-upshttps://www.numa.co/acceleration-startup-casablanca
Partner TypeLocationWhat financing/services are available?

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