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Spring Fellowship Accelerator Selects 4 Startups for Inaugural Program

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Nyakundi Report

Newsroom 2 min read

This archive report was first published on 5 September 2019.

Abidjan, Côte d'Ivoire - September 5, 2019 - Spring Fellowship Accelerator, powered by Kinaya Ventures, has selected four startups into its inaugural accelerator program to be held in Abidjan, Côte d'Ivoire.

The selected startups represent Sub-Saharan Africa and come from Benin, Nigeria, South Africa, and Tanzania. For the next 16 weeks, they will work in Abidjan, one of Francophone Africa's most modern and tech-oriented cities.

The 2019 Spring Fellowship cohort will have access to mentorship, networking, and support to help them accelerate their dreams and scale to the next level. The program will culminate in a Demo Day in Abidjan, where the companies will pitch their pilots or proof of concepts to industry leaders and leading investors for follow-on funding.

Spring Fellowship has the support of two leading corporate partners: Nestlé and ELLE.CI. Together with incredible mentors and with Nestlé and ELLE.CI executives, Kinaya Ventures is excited to support these companies in their goal of disrupting the foodtech, retailtech, and martech sectors, leveraging on collaborations with industry leaders and major brands in Sub-Saharan Africa.

The first cohort of Spring Fellowship includes:

  • Exportunity, Benin - a B2B2C marketplace with a decentralized blockchain app, mapping, and facilitating payments & delivery for proximity businesses.
  • Last Mile for BOP, South Africa - a mobile application that enables informal grocery stores to compare prices at wholesalers, order stock at the best price from their phone, and get it delivered to their doorstep within a few hours.
  • Tracksend, Nigeria - a Mailchimp-like solution for SMS, WhatsApp, and Telegram campaigns that helps marketing teams send messages, track them, re-market contacts, A/B Testing, and measure conversion.
  • WAFCo, Tanzania - a nutritious flour branded as TAMA Composite Flour, providing essential nutritional requirements for babies, expectant, and lactating mothers.
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