This Week in African Tech 🌍

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Welcome to This Week in African Tech!

Tech Roundup

  • ByteDance, TikTok's parent company, has shut down LetsChat, its messaging app in Africa, to focus on more promising ventures. ByteDance removed the app from Google and Apple app stores and ceased LetsChat operations on the 23rd of March, 2024.

Deal Roundup

  • Kenyan E-Bus startup, BasiGo, raises $3 million from CFAO Kenya and Mobility54, the corporate venture capital arm of CFAO. This funding will help BasiGo scale its assembly and delivery of electric buses in Kenya and Rwanda.

Events and Opportunities

  • The Norrsken Accelerator invites applications from African early-stage founders with solid business models built on innovative technologies. The Accelerator provides US$125,000 in funding and access to an eight-week business development program. Applications are open here until the end of April.

  • Entrepreneurs working on agri-tech solutions for a more sustainable, efficient, and climate-resilient agricultural system in Egypt can now apply to the AgriTech4Egypt Innovation Challenge. Applications are open here until the 21st of April, 2024. 

  • Applications are open for the Access Bank Youthrive Program for Nigerian MSMEs. With a focus on capacity development, financial empowerment, and business exchange, the program aims to impact 4 million youths over the next four years. Apply here.

  • The 2024 African Business Heroes Competition is now open for applications. It aims to support the next generation of African entrepreneurs who are impacting their local communities with grant funds of up to $300,000 and practical training programs. Apply here by the 19th of May, 2024.

And that's a wrap for this week!

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