African Fintech Startups Set to Receive $25,000 through UNDP’s timbuktoo Accelerator Program
Tech In Africa | Sylvia Duruson - Jun 10, 2024
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  • UNDP has opened applications for its timbuktoo Fintech Startup Accelerator program, offering selected African startups an opportunity to receive $25,000 in equity-free funding.
  • The program will provide mentorship and coaching from Africa’s leading industry experts and seasoned entrepreneurs.
  • Startups must be founded by African citizens aged between 18 and 35, locally owned and based in an African country, and leverage technology in the financial services sector to capitalize on development opportunities and solve challenges.
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The UNDP's timbuktoo Fintech Startup Accelerator program is a positive initiative that aims to support African entrepreneurs and startup founders. By providing funding, mentorship, and access to a network of experts and resources, the program can help accelerate the growth and impact of technology-focused startups in the financial services sector. This program aligns with the UNDP's broader goal of mobilizing capital to transform livelihoods and create jobs across the continent.
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