Make IT in Africa program accepting applications for the 2nd Startup.up! Germany Exposure Tour

tech stock image

Lagos (Nigeria) and Nairobi (Kenya), July 2018.

GIZ’s Make IT in Africa program and the Germany Chambers of Industry and Commerce (DIHK) have announced the 2nd Start.up! Germany Exposure tour for October 2018. Applications are sought from Nigerian, Kenyan, Ghanaian, and Tunisian Start-ups working on insurtech, smart city, and logistics/mobility solutions.

The 5-day guided tour of the German start-up ecosystem will include stops to Cologne, Dusseldorf, and the Ruhr region. The tour will also provide opportunities to explore some of Germany’s most promising start-up hotspots, connect with peers and talent, learn what drives Germany’s start-up segment, stay current with developments in the market, as well as meet potential customers, partners, and potential investors. Applying start-ups that are in the market validation phase are encouraged to apply, preference will be given to start-ups who have already successfully raised funding.

The Make IT in Africa program is implemented by the German Corporation for International Cooperation (GIZ) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as a part of the Digital Africa Initiative. The program is currently running two accelerator programs in Africa, one in Lagos and one in Nairobi. GreenTec as a member of the Make IT Alliance, and the premier German investor in African Start-ups, wants to share this opportunity to help promote international collaboration and improves the perception of Africa entrepreneurial capacity.

Applications are sought from start-ups that are working on insurtech, smart city, and logistics/mobility solutions, areas where exposure to the German ecosystem could be very instrumental in promoting knowledge transfer. Interested start-ups that are in the market validation phase are encouraged to apply, preference will be given to start-ups who have already successfully raised funding. Applicants should have a scalable business model with an international approach. Applications are due by the 26th of August, 2018.

Nigerian Start-ups interested in participating are encouraged to apply here.

Kenyan, Ghanaian, and Tusian start-ups can apply here.

Since our founding four years ago, we have seen the development and growth of a number of Africa – Germany focused initiatives that support the Africa startup ecosystem. GreenTec is actively supporting several European and African initiatives that promote the African start-up segment and we hope to motivate private and institutional investors to further promote these initiatives. Unfortunately, there is still a cultural bridge for local investors and actors to create similar initiatives, but we are convinced that initiatives, like Make IT in Africa, are providing an excellent template.



Other Posts

Amitruck raises $4 million for scaling into Uganda and Tanzania

Frankfurt (Germany) and Nairobi (Kenya), February 2022. GreenTec Capital is very pleased to report that Amitruck, our Kenya-based logistics-tech portfolio company, has closed a US$4 million seed round. Amitruck will use the funds to bolster its operations, technical, and sales teams supporting its expansion in East Africa. The funding round was led by Better Tomorrow…

read more

GreenTec invests in Nigerian Mobility Solutions platform T40

Frankfurt (Germany) and Lagos (Nigeria), October 2021. GreenTec Capital is very pleased to announce our investment in T40, a Nigerian intercity transport- and logistics-tech company developing solutions to help mobility service providers offer better service to their customers and increase their revenues. The African continent is experiencing one of the highest rates of urbanization globally….

read more

Amitruck selected for Google’s Black Founders Fund

Frankfurt (Germany) and Nairobi (Kenya), October 2021. We are very pleased to report that our Kenyan logistics-tech start-up Amitruck has been selected for Google for Startups Program’s newly launched Black Founders Fund. The $US 3 million facility has selected 50 start-ups from across Africa to receive the equity-free funding as a part of Google’s racial…

read more