Endeavor and FMO Join Forces for African Agritech Accelerator in January 2024

Endeavor and FMO, the Dutch entrepreneurial development bank, have announced the continuation of the African Agritech Accelerator initiative. This program aims to provide support for a second cohort of early-stage African agritech firms, building upon the successes and insights gained from the first cohort, which ran from February 2022 to February 2023. The upcoming program is scheduled to commence in January 2024.


With a primary focus on addressing growth challenges encountered by agritech startups on the African continent, the program aims to expand the cohort’s scope by including technology startups related to agriculture. Entrepreneurs participating in the program will have the opportunity to engage with industry experts and potential investors through Endeavor’s tailored mentoring approach and extensive network.


Alison Collier, Managing Director of Endeavor SA, expressed her enthusiasm, stating, “It’s truly exciting for Endeavor to collaborate with FMO and AfricaGrow to drive growth in the Agritech sector of Africa, thereby enhancing food security and fostering local revenue and job growth across the continent.”


In addition to FMO’s funding, AfricaGrow has also joined as a co-funder for the program, highlighting their shared commitment to bolstering the agritech sector in Africa. The alliance aims to actively increase the pipeline of investable companies and attract additional local, regional, and international investors to achieve scale.


The Technical Assistance Facility of the FMO Ventures Program, supported by the Dutch government and the European Union, includes the Entrepreneurial Ecosystem Building component. This component focuses on improving the services of incubators, accelerators, and other entrepreneurial support groups, as well as facilitating early-stage financing for businesses, to advance the maturity of the venture capital industry in specific emerging nations.


Marieke Roestenberg, the program manager for FMO Ventures, emphasized the importance of providing more investment readiness services for scaling businesses to expand the agritech sector across Africa.



Below is how we can help you promote your event, organization and products/services . This is the best you can get from this global platform of over decades experience.


First Leg: Full page Promotional package showcasing your Invitation Card, Banner/Flex, 3 different Photographs and brief of the coming event. Also your picture/Name will be the headline News in digivation blog(Pre-Event)

Second Leg: Full Page Promotional package of the event showcasing 5 different photographs plus short audio/visual clip of the event. Also org. picture/Name will be the headline news our blog(Post-Event).

Rate: N150,000 Only For Both Pre and Post Events. (Rate is only Applicable during the Promotional Period)

For further inquiries, contact the undersigned:

Hilary Damissah (Editor)

Mojisola Alabi ( business Development)

Email: digivationtv@gmail.com

Chief Imo Ukwa(Advert Consultant) 08063779938

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

NASENI Secures $2 Billion Investments from Chinese Companies

Fri Oct 20 , 2023
  In a significant development, the National Agency for Science and Engineering Infrastructure (NASENI) has signed three Memorandum of Understandings (MoUs) with Chinese companies during a ceremony attended by Vice President Kashim Shettima (GCON) at the third Belt and Road Initiative (BRI) Forum in Beijing, China. These projects represent a […]

You May Like