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Village Capital has announced the 23 early-stage startups that have been selected to participate in Future of Work Africa 2021

Village Capital has announced the 23 early-stage startups that have been selected to participate in Future of Work Africa 2021, with funding from Moody’s Foundation and IFC, a member of the World Bank Group.

Future of Work Africa 2021 is a startup accelerator that supports and scales for-profit, market-based solutions in education, jobs, and benefits that can help young people in Sub-Saharan Africa better plan for and navigate the future of work.

The International Finance Corporation’s William Sonneborn, Senior Director for Disruptive Technologies and Funds, said, “We are pleased to extend our relationship with Village Capital and work together to promote these entrepreneurs and their impactful solutions.”

By 2030, over 230 million jobs in Sub-Saharan Africa would demand digital skills.

Future of Work initiatives are assisting African youth in gaining access to new opportunities by promoting creative startups that use technology to widen access to digital skills and provide more effective ways to match talent in the job market.

Abaca, Village Capital’s global online network that helps entrepreneurs evaluate and organize their businesses for investment, will be open to all startups in the program.

In addition, the network connects them with the appropriate investors and services.

Here are 23 startups selected to participate in Future of Work Africa 2021:

The 23 startups will participate in the program from May to August. Every cohort’s top two peer-selected companies will receive $20,000 in capital to help them scale their businesses.

Each startup accepted into the accelerator will have the opportunity to collaborate closely with industry experts, investors, and ecosystem partners in order to build the networks necessary to scale their effects.

Source: Tech Gist

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