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 Through the XL Africa business acceleration program the World Bank will help 20 top and high growth African digital start-ups attract early stage capital between $250,000 and $1.5 million, while also helping them with access to networks, mentoring and a community of like-minded entrepreneurs. The program will cover Sub Saharan Africa startups in various sectors including in digital health.
To qualify for the program, your startup should be for-profit and registered, should have a very strong management team with at least three people who should be based in one of the Sub-Saharan Africa countries. You should have a digital product or service available on the market, with demonstrated tangible traction and evidence of revenue, as indicated on the application procedure here.
URL
Web: https://www.xl-africa.com/
Facebook: https://web.facebook.com/xlafrica/
Email: [email protected]
Phone: +1 202-473-1000 |
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 European Investment Bank (EIB) has committed to support and financing more than EUR 230 million of private sector investment across Africa. The initiative seeks to enhance access to credit by African smallholders and micro enterprises, increase investment in health and education targeting low-income families across Africa, foster growth of African digital and technology, startup companies. To qualify for the funds; You should be an SME or a micro-enterprise working in health and education targeting low-income families across Africa. African digital technology start-up companies promoting financial inclusion of rural communities are also eligible to apply.
URL
Web: http://www.eib.org/
Email: [email protected]
Phone: +352 4379-22000 |
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 The AFDB is financing Southern African digital health startups through various programs such as the equity financing of USD25 Million Equity Investment Health Fund announced in 2016, The Investment Fund for Health in Africa (IFHA) and through the boost Africa a joint operation between the European Investment Bank (EIB) and the African Development Bank (AfDB) which is a program aimed to Empower Young African Entrepreneurs and start-ups in all sector.
To qualify for the boost Africa program, your startup should focus on sectors such as ICT and Health, and should have innovations that can improve the quality of people’s lives, in particular, that of poorer households, and more especially with emphasis on youth and women as final beneficiaries, as indicated on the application procedure here.
URL
Web: https://www.afdb.org/
Facebook: https://www.facebook.com/AfDBGroup
Email: [email protected]
Phone: +225 2026 3900 |
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 The Standard Bank launched a healthcare accelerator in South Africa, aimed at providing technical, clinical and business acumen to people that want to improve and grow their existing practices or transition into private healthcare practice. To qualify for the program, you should be a healthcare professional in South Africa that want to improve and grow your exciting practice or to transition into private healthcare practice. The program will provide over 100 hours of training and professional development to 30 candidates as indicated on the procedure here
URL
Web: https://bizconnect.standardbank.co.za/
Facebook: http://www.facebook.com/StandardBankSA
Email: [email protected]
Phone: +27 860 109 075 |
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 South Africa’s Nedbank start-up loan is available to all businesses and franchises in need of capital upfront to buy profit-making assets, the facility aims to Improve the cash flow of startup businesses by providing startups with access to financial facilities which are usually reserved for well-established companies. The program covers for startups in South Africa. To qualify for the program, your startup should be an SME in South Africa. The application forms for the fund can be found here.
URL
Web: https://www.nedbank.co.za/
Facebook: https://www.facebook.com/Nedbank
Email: [email protected]
Phone: +27 860 116 400 |
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 Through their Absa SME fund program, Absa is aimed at providing small business funding and support programs, including commercial skills development and training to start-ups and entrepreneurs in various sectors such as Health. The program targets small, medium- and micro-sized enterprise (SMME) in South Africa. To qualify for the program, your business must be 100% African owned, you should be an SME that do not meet the criteria for normal lending and therefore you do not have access to normal banking channels, you should be a South African citizen permanently residing in South Africa and fully involved in the day-to-day operation of the business. The application forms for the fund can be found here.
URL
Web: https://www.absa.co.za/
Facebook: https://web.facebook.com/Absa.Bank/
Email: [email protected]
LinkedIn: https://www.linkedin.com/company/absa
Phone: +27 8600 08600 |
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Boost SME financing across Africa , is a joint operation between Eco bank Transnational Incorporated (ETI) and the International Finance Corporation (IFC), the private sector arm of the World Bank Group, aimed at providing financing to SME’S and start-ups. The program shares 25 percent of the risk in a $110 million facility between the three partners to boost entrepreneurship and startups in various sectors such as digital health Across Sub-Saharan Africa. To qualify for the program, you should be an SME in Sub-Saharan Africa, with a potential of fostering sustainable development and job creation.
URL
Web: https://www.ecobank.com/
Facebook: https://www.facebook.com/EcobankGroup/
LinkedIn: https://www.linkedin.com/in/ecobank-group-26a13447
Phone: (228) 22 21 03 03 |
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 The bank has received different funds (Zambia SME Funds) to finance SMEs in various sectors including in Health in Zambia. In October 2016, the African Development Bank (AfDB) approved a USD50m line of credit to DBZ for lending to local SMEs. Earlier in 2016, DBZ allocated USD30m for lending to SMEs in the country. To qualify for the program, you should be an SME in Zambia with the potential to create stable employment, empower citizens, develop infrastructure, and contribute to Zambia’s economic growth.
URL
Web: http://www.dbz.co.zm/
Email: [email protected]
Phone: +260 211 228576 / +260 211 228577 |
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 First collateral-free micro-enterprise fund for SMEs is an FNB no-collateral, a tailor-made fund for Small to Medium Enterprises. The N$100 million fund, which is targeted mostly at micro-business in the informal sector is aimed at boosting the start-up ecosystem for businesses with viable ideas in various sectors such as Health in Namibia.
To qualify for the program, you should be an SME, owned and managed by individuals with relevant skills and experience who are either Namibian citizens or permanent residents. The business should be commercially viable and sustainable and should be registered with relevant statutory bodies as indicated on the application procedure here.
URL
Web: https://www.fnbnamibia.com.na/
Email: [email protected]
Phone: +264 61 299 2222 |
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 NMB offers SME Loans program in Tanzania which are medium-sized loans to small and medium entrepreneurs to support small and medium sustainable businesses and investment-related activities across various sector which include health. Applicants can borrow from TZS 30,000,000 to a maximum of TZS 1,500,000,000. It provides loan funds for both working capital and long-term investment needs. To qualify for the program, applicants must be at least 18 years of age and with at least three years experience in operating a same or similar business. The Business must have a steady cash flow. Applicants must open or have an NMB Business Account or NMB Business Account Plus with NMB as indicated on the application procedure here.
URL
Web: https://www.nmbbank.co.tz/
Facebook: https://www.facebook.com/OfficialNMBTZ/
Email: [email protected]
LinkedIn: https://www.linkedin.com/company/nmb-plc
Phone: +255 22 232 2000 |
