Amazon Web Services Startup Loft Accelerator today launched its first AWS FinTech Africa Accelerator targeting tech talents across the continent.
The AWS FinTech Africa Accelerator programme will support pre-seed and seed-stage fintech founders who are building companies to address fundamental issues in payments, open/embedded finance, digital banking, blockchain, decentralised finance, fintech-as-a-service, and other fintech categories in Africa, AWS says in statement released today.
Interested applicants, AWS says, are encouraged to apply for the upcoming accelerator cohort that runs for 10 weeks, and is designed to give CEOs and CTOs the necessary tools to unlock meaningful growth and scale.
The accelerator program will provide support for early-stage fintech companies, including technology, product development, go-to-market strategy, and fundraising preparation, according to AWS. Cohort participants will also have access to world-class mentors and a global network of AWS Startup Loft Accelerator alumni.
Leveraging AWS’ industry-leading cloud infrastructure, the accelerator will work closely with CTOs to prepare them with the needed skills from recruiting world-class talent to managing an engineering team, building a minimum viable product, and designing principles for cloud architecture.
Cohort participants are also eligible to join the AWS Activate programme that provides each startup with up to $25K in AWS Activate Credits, along with other services in addition to exclusive offers from AWS’ partner companies, the company says.
AWS is inviting early-stage fintechs operating across Africa to apply to apply for the programme as applications are now open until April 27, 2023.
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