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Africa Investment Newsinvestments news

Six African Startups Selected for “Meet the Tôshikas” Investment Programme

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Six African Startups Selected for "Meet the Tôshikas" Investment Programme
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Six exciting African tech startups have been chosen as finalists for the inaugural “Meet the Tôshikas” programme. This initiative, crafted by the United Nations Development Programme (UNDP), Japan’s Ministry of Economy, Trade and Industry (METI), and Double Feather Partners, aims to deepen connections between Japanese investors and African startup scenes while preparing these startups for major investment opportunities.

Handpicked from a diverse group of 30 startups spanning Zambia, Angola, and South Africa, these finalists will undergo a specialized three-month programme to refine their investment strategies. Each startup will also receive a US$20,000 grant and have the chance to pitch their ideas during a week-long investors roadshow in Tokyo.

Angola’s Innovators

Angola shines with Anda, focusing on making moto-taxis safer and more efficient, and Mamboo, revolutionizing fast and seamless food and consumer goods deliveries.

South Africa’s Trailblazers

From South Africa, Zoie Health pioneers e-health solutions for better healthcare access, while Jobox helps recent graduates land their first jobs.

Zambia’s Rising Stars

Bosso from Zambia simplifies and reduces the cost of home construction, and AfriOnline Group integrates food, supermarket, and wholesale ordering in one platform.

“We’re thrilled about this opportunity for African startups to meet with Japanese investors,” said Tomas Sales, UNDP’s private sector special advisor. “By showcasing both established and emerging markets, like South Africa, Angola, and Zambia, we’re highlighting the incredible diversity and potential in Africa’s tech scene to global investors.”

The “Meet the Tôshikas” initiative underscores UNDP’s commitment to fostering sustainable economic growth and innovation in Africa. As these startups prepare to showcase their potential in Tokyo, anticipation grows for the transformative impact they will bring to their industries and communities.

Photo source: Google

By: Montel Kamau

Serrari Financial Analyst

10th July, 2024

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