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Accelerator

Founders Factory Africa

Founders Factory Africa is the African division of Founders Factory, operating programs in Lagos, Nairobi, and Cape Town. Founded in 2020 in partnership with leading African corporations, it invests $30,000 to $250,000 in early-stage African tech startups and provides corporate partnerships, hands-on growth support, and follow-on funding up to $1,000,000. The 6-month program is designed for founders building products for African markets.

Applications Open Deadline: Rolling cohorts (multiple per year) Last verified: September 10, 2026
Investment
$30,000 - $250,000
Equity
5-10% (varies by program)
Stage
Pre-seed, Seed
Location
Lagos, Nigeria / Nairobi, Kenya / Cape Town, South Africa
Program Duration
6 months
Cohort Size
10-12 companies per cohort
Remote or Onsite
Hybrid (some in-person sessions required)
Application Fee
Free

Ready to apply to Founders Factory Africa?

Visit the official application page to get started.

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Overview

About the Program

Founders Factory Africa is the African division of Founders Factory, operating programs in Lagos, Nairobi, and Cape Town. Founded in 2020 in partnership with leading African corporations, it invests $30,000 to $250,000 in early-stage African tech startups and provides corporate partnerships, hands-on growth support, and follow-on funding up to $1,000,000. The 6-month program is designed for founders building products for African markets.

Funding

Funding Structure

$30,000 to $250,000 for 5-10% equity. Follow-on funding up to $1,000,000.

Initial Investment
$30,000 - $250,000
Equity
5-10% (varies by program)
Additional Funding
Follow-on investment up to $1,000,000
Follow-on Funding
Founders Factory Africa invests up to $1,000,000 in follow-on rounds
Eligibility

Who Can Apply?

  • Early-stage African tech startups
  • Founders building for African markets
  • Must be willing to participate in sessions in Lagos, Nairobi, or Cape Town
  • Must have a product with some user engagement
Selection

What They Look For

  • Strong founding team with African market knowledge
  • Product with user engagement in African markets
  • Fit with corporate partner industries
  • Scalable business model for African markets
  • Potential for social impact alongside financial returns
Requirements

What You Need to Apply

  • Completed online application
  • Pitch deck
  • Founder video
  • Information about team, product, and African market
Process

How to Apply

  1. 1Go to foundersfactory.com/africa/apply
  2. 2Complete the application form
  3. 3Upload deck and video
  4. 4Submit before the deadline
  5. 5If selected, attend interviews
Timeline

Application Process

  1. 11. Submit online application with deck and video
  2. 22. Founders Factory Africa team reviews applications
  3. 33. Selected teams invited to interview
  4. 44. Final selection by team and corporate partners
  5. 55. If accepted, sign investment agreements
  6. 66. Join the 6-month program
Dates

Important Dates

Rolling cohorts. Check foundersfactory.com/africa for deadlines.

Benefits

Program Benefits

$30,000 to $250,000 investment
6-month program with corporate partnerships
Access to African corporate partners for pilot deals
Hands-on product and growth support
Follow-on funding up to $1,000,000
Pan-African network across Nigeria, Kenya, Ghana, South Africa
Demo Day with 200+ African and global investors
Selection

Selection Process

Online application, followed by interviews with Founders Factory Africa team and corporate partners.

Industries

Industries and Focus Areas

FintechHealthConsumerEnterpriseAISaaS
Geography

Geographies and Countries

NigeriaKenyaGhanaSouth AfricaRwandaEgyptGlobal
Pitch

How to Approach This Investor

Recommended pitch type: Online application with pitch deck

SubjectN/A - Apply through the Founders Factory Africa online application
OpeningFounders Factory Africa accepts direct applications through their website.
ProblemDescribe the African market problem you are solving.
TractionShow any users, revenue, or product progress in African markets.
MarketExplain the African market opportunity and your local knowledge.
Why This InvestorExplain why Founders Factory Africa fits your startup.
AskInvestment ranges from $30K to $250K for 5-10% equity.
Call to ActionApply at foundersfactory.com/africa/apply.
Fit

Is This Program Right for You?

Best For
African tech founders who want corporate partnerships, hands-on support, and follow-on funding.
Strong Fit If
You are building a product for African markets and want corporate partnerships and pan-African network
Less Suitable If
You are building for non-African markets or need a large upfront check
Portfolio

Notable Portfolio Companies

Various African tech startups across fintech, health, and consumer sectors
Network

Mentors and Investor Access

Mentors
African tech founders, corporate executives, and global investors
Investor Access
Demo Day plus African and global investor network
History

Previous Cohorts

Running since 2020 in Africa with 40+ funded companies

Contact

How to Contact

Apply online at foundersfactory.com/africa/apply.

Sources

Official Sources

https://www.foundersfactory.com/africa https://www.foundersfactory.com/africa/apply
Verified against official Founders Factory Africa website Last verified: September 10, 2026