Afric'Innov project: Supporting the development of innovative entrepreneurship in Africa

ongoing

AFD is supporting the Afric’innov program. This initiative organizes, professionalizes and networks some fifty incubators, accelerators and hubs that support innovative projects in various West African countries. It gives them tools to support the development of innovative start-ups working in or with Africa.An online platform, Africinnov.com, and a fund available for unsecured interest-free loans, without the need for a guarantee, complete the range of tools of this program. This financing product assists new start-ups in the development phase within the support structures that are members of Afric’innov.What makes this program original is its collective and network approach. In practical terms, it involves testing the effectiveness and impact of tools and services with a few incubators and subsequently offering them to a wider range of partners.