Q3 Begins Here!

Hello there, 👋

Welcome to the third half of the year! It feels like just a month ago we said Happy New Year. We\’ve had our hands on deck, preparing for this half of the year, and we are ready for you to jump in.  

Thomas Edison famously said, “The value of an idea lies in the using of it” so we intend to go hard

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Please take this survey and help us unleash the full force of accessible healthcare!

In this edition, here’s what I’ve got for you today: 

• Africa Funding Tracker

• ICANBOI partners Changera

• Events, resources, and more.

AFRICAN FUNDING TRACKER

In a decline from the more than $390 million secured in May by African startups, June had $126.9 million raised, excluding the undisclosed amount.

Following a drop in the funding journey in March and April with an unexpected rise in May, one would have thought the rise would have continued or rather taken a slight drop.

Six out of the twenty-six African startups for June’s fundraising announced an undisclosed amount, with Kenya’s energy company, Cross Boarder securing $50 million as the highest disclosed funding in June.

West Africa had 14 startups, with both North and Central Africa producing 2 startups each, while East and South Africa recorded 7 and 1, respectively.

ICANBOI PARTNERS CHANGERA

Changera Business has Partnered with ICAN and the Bank of Industry Innovation Hub to provide discounted workspace access to the Changera community as a perk for using the Changera App.

Learn more about Changera Business here

INTERESTING READ?

• The Art of Partnership: How to Build a Successful Business

• 80% of SMEs fail in Nigeria Due to Economic Challenges and Regulatory Constraints

• Oyinbo Solebo shares insights on getting into the Techstars accelerator, building in public, and investor due diligence 

JOB OPENINGS

• Carbon Counts Tech is looking for a Product Manager. Apply here.

• Octamile is looking for a Business Development Associate. Apply here

• Proof is looking for a Software Engineering Manager. Apply here.

OPPORTUNITIES

Trade Lenda Small Business Competition Application (N5 Million in Prizes)

Trade Lenda is a digital bank for the underserved, starting with timely access to credit for MSMEs. Trade Lenda is calling for applications from MSMEs for the Trade Pitch Small Business Competition Application.

ARM Labs Lagos Techstars Accelerator (Up to $120,000 in funding)

Techstars announces the call for applications for the 2023 edition of the ARM Labs Lagos Techstars Accelerator Program.

Applications close on August 9, 2023. Founders are encouraged to submit their applications early.

PRODUCT OF THE WEEK

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Thank you for reading. See you at the Hub 😉

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