The Africa Next investor platform was launched two weeks ago by BPI France and Digital Africa. The initiative will increase their co-investments in companies showing a high potential for internalization and growth. Stephen Eloise-Gras who is the Executive Director for Digital Africa will work closely with Gilles Le Cocguen, Head of EuroQuity at BPI France.
AfricaNext helps investors and accelerators market African companies with a high prospect for growth and globalization which in turn accelerates their fundraising efforts. It also attracts and expands co-investments while benefiting from the experience of investors in the market.
Africa Next aims at securing exclusive deals and co-opt opportunities, all this by co-opting members and offering tailored services and promotions, animated by their partners and sponsors.
Africa Next’s market investors are GreenTec, AfricInvest, Sawari Ventures, Partech Africa, Lateral Capital, and Eco VC. Participating accelerators are Flat6Labs, Seedstars, and Sloane.
Regular e-pitch sessions will be held on their EuroQuity platform through their accelerator network when pitching to European and international investors. The sessions will give high-impact African startups looking for funds between 1 to 10 million euros a chance to seek fundraising. An executive committee is tasked with selecting the most suitable participants.
During the first e-pitch sessions, the three startup that pitched to the investors were – GoMyCode from Flat6Labs, Maxicash from 22, and Poa!Internet from SeedStars.
More information on Africa next available here