Our Numbers So Far
37
Matching Fund applications processed€1,200,000
Deployed as qualified matching grants18
AfriLabs Innovation Hubs Supported203
Angel Investors involved€1,292,917
Invested by local angel investors in Startups affiliated to Hubs21
Number of Startups supportedOur Numbers So Far
37
Matching Fund applications processed
203
Angel Investors involved
€1,200,000
Deployed as qualified matching grants
€1,292,917
Invested by local angel investors in Startups affiliated to Hubs
18
AfriLabs Innovation Hubs Supported
21
Number of Startups supported
Catalytic Africa Objectives
Increase the investment made by investors in African Start-ups
Fund African Startups with innovative digital solutions and measurable impact.
Strengthen African angel networks and innovative hubs.
Present reliable ecosystem data, insights, and impact reporting for all stakeholders.
Our Portfolio Companies
TileGreen
- Flat6labs
- Alexandria Angels
- Cairo
- Egypt
FedaPay
- Etrilabs
- Benin Business Angel Network
- Cotonou
- Benin
Inputi
- Hive Colab
- Renew Capital
- Kampala
- Uganda
Twende
- Impact Hub Abidjan
- Cote D'Ivoire Business Angel Network
- Abidjan
- Cote d'Ivoire
Figorr
- Sabi Hub
- Rising Tide Africa
- Lagos
- Nigeria
Koloso
- BongoHive
- Zambia Business Angels Network
- Lusaka
- Zambia
Matching Ratio
The maximum financing from the matching fund is €60,000 per transaction.
2:1
If the business angel invests an amount less or equal to €10,000, then the matching fund will double the amount of funding the startup receives from the angel investors.
3:1
If the business angel invests more than €10,000, then the matching fund will triple the amount of funding the startup receives from the angel investors.
How Catalytic Africa Works
01
Registration
Fill in the registration form. All stakeholders have to register, whether you are a start-up, an innovation hub, an angel network, or an angel investor.
02
Submit Matching Application
After investing in a startup supported by an AfriLabs hub, the angel network, which is an ABAN affiliated member, applies for matching funds..
03
Application Review
After the application has been submitted, it will be reviewed to make sure it complies with all the eligibility and compliance requirements.
04
KYC Review
If your application is approved, the KYC check on the beneficiaries will be carried out. Disbursement will be subjected to KYC check clearance.
05
Progress Report
The start-up will report to Catalytic Africa with the support of the hub on its progress on a monthly basis.
Who is Eligible?
Startups
Registered in a hub member of the AfriLabs network
Requirements
- Be at least at the Minimum Viable Product (MVP) stage.
- Have secured investment from eligible angel investors
- Be a tech or tech-enabled startup
Innovation Hubs
Local Angel Networks
Registered in ABAN Angel Network.
Angel Investors
Registered in a Local Angel Network of ABAN network.
Development Partners
Catalytic Africa is an initiative by ABAN and AfriLabs, supported by AFD and Digital Africa
Twitter Feeds
Catalytic Africa
- 118.7K
- 785.4K
- 3.3M
AfriLabs
- 118.7K
- 785.4K
- 3.3M
ABAN Angels
- 118.7K
- 785.4K
- 3.3M