Impact investor backs three African digital startups

The I&P Acceleration Technologies programme, managed by impact investor Investisseurs & Partenaires, has added three African digital startups to its portfolio.

I&P Acceleration Technologies is a €2.5 million programme that aims to finance and support some 15 digital startups in sub-Saharan Africa, with a focus on Western Africa, Central Africa, and Madagascar. The programme provides the entrepreneurs with the necessary tools to improve their chances of future fundraising, amplify their impact and, more broadly, support the tech ecosystem.

The three companies selected to be part of the programme are:

Teliman is the very first on-demand motorcycle-taxi service in Bamako, Mali. Teliman is co-directed by Hawa Traoré and Abdoulaye Maiga, two young and talented professionals from the Malian diaspora. The startup aims to reach more than 28,500 motorcycles in its fleet by 2023 and to expand in the sub-region, part of which will be financed by I&P Acceleration Technologies, backed by Yamaha and Mercy Corps.

SmartPredict is a SaaS platform using artificial intelligence for predictive analytics that helps companies in the deployment of their projects. This Malagasy company, developed in 2018 by Ranto Andriambololona, a talented entrepreneur, has received strong interest from major international companies through its test phase. The funding provided by I&P Acceleration Technologies will support further technical and then commercial development of the platform.

Jiro-Ve is a pioneering company in rural electrification in Madagascar, launched in 2014 by Rik Stamhuis, an entrepreneur who has been living in Madagascar for many years. Jiro-Ve has come up with an innovative, inclusive micro franchise model to provide affordable and healthy lighting for marginalised communities, reaching more than 12.000 customers. The program’s funding will allow Jiro-Ve to expand its reach by distributing more kits in more regions, both in Madagascar and on the African continent.

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