Flapmax, a tech platform specializing in data, and AI-driven asset financing, partners with Microsoft to select 12 startups for the FAST Accelerator program. This initiative aims to bolster Africa’s digital ecosystem, providing SMEs with tools to tackle local challenges.
After an intensive Online boot camp involving 60+ tech companies, the chosen startups will embark on a 5-week acceleration program in Silicon Valley, California, commencing in October.
Mame-Fatou Gueye, SME Programme Manager at Microsoft Africa Transformation Office, believes African startups and SMEs are poised to be the backbone of the African digital economy. The FAST Accelerator program equips entrepreneurs to seize growth opportunities and expand their market presence.
Over 1,200 applications from 35 African countries poured in for the FAST Accelerator program. These diverse applications span industries like Financial Services, Healthcare, Agriculture, Transportation and logistics, Clean Technology and energy, and Creative Media and entertainment. They showcase a wide range of cloud-based solutions utilizing AI to drive innovation and tackle critical challenges.
Dr. Dave Ojika, Founder and CEO of Flapmax, expressed the mission to create AI-powered solutions that make a societal impact. Through partnerships with startups, SMEs, and global enterprises, Flapmax aims to revolutionize multiple industries. Collaborating with tech giants like Microsoft and Intel, they bring cutting-edge AI technologies to emerging markets, paving the way for sustainable growth and job creation.