In a significant development, Kenyan agri-tech startups led by young entrepreneurs and women have been invited to apply for the FoodTech Africa accelerator programme, which offers access to US$100,000 in investment. Applications are open until August 21.
Aimed to address food security through fostering innovation, FoodTech Africa is a project commissioned by GIZ Make-IT in the African continent.
Implemented by iBizAfrica and Pangea Accelerator, the ten-week programme had been designed to give support to women and youth-owned agri-based companies to sustain business growth via access to financing, business support and tech-adoption.
“We believe Kenya and East Africa are at a critical time and that innovation and young entrepreneurs have a big role to play in creating resilient and local food systems,” said Jonas Tesfu, CEO and co-founder of Pangea Accelerator.