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    You are at:Home»Accelerators»CcHub-backed iHub unveils new Nairobi HQ, aims for enhanced Pan-African collaboration

    CcHub-backed iHub unveils new Nairobi HQ, aims for enhanced Pan-African collaboration

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    By Tapiwa Matthew Mutisi on November 15, 2024 Accelerators, Africa, Innovation Hub, Investments, News, Technology

    Five years after being acquired by CcHub, iHub has relocated to a modern, two-storey headquarters in Nairobi’s upscale Lavington area. This move underscores the accelerator’s expanding influence within Africa’s tech ecosystem.

    Co-creation HUB Acquires iHub

    The new, spacious office in Lavington features an entertainment and media hub designed to provide specialized advisory support for professionals in film, television, and social media. The facility also includes co-working spaces, private booths for calls, conference rooms, and dedicated venture capital offices for firms such as TLcom and Verod-Kepple Africa Ventures.

    “We have gone through different stages of growth. Moving here means we are scaling up our work and restating our commitment to Kenya. This move is part of our strategic focus and reflects our growth phase,” said Ojoma Ochai, CcHub Managing Director who oversees iHub operations.

    iHub has had a busy year, partnering with telco Safaricom and Spark Accelerator to support startups like Chaptr and Chumz. Through a collaboration with the Mastercard Foundation, iHub and CcHub invested $1.2 million in 36 edtech startups.

    With a pan-African footprint that includes operations in Nigeria, Rwanda, Kenya, and Namibia, iHub is well-positioned to connect and support startups across the continent. This collaborative approach is a cornerstone of CcHub’s strategy to drive growth and foster innovation in Africa’s tech ecosystem.

    iHub connects its portfolio startups with both dilutive and non-dilutive funding, ranging from seed to Series A investments. Through its syndicate model, iHub pools investors’ resources, offering funding instruments such as loans, grants, and convertible notes. Typical investments range from $20,000 to $250,000.

    While iHub strengthens its presence in Kenya, CcHub is also expanding its footprint across Africa. In November, it will launch the Janta TechHub in Togo, a new initiative in partnership with the Togolese government. This move underscores CcHub’s commitment to supporting innovation and entrepreneurship across the continent.

    “It will be a CcHub-managed hub – the hub belongs to the government of Togo, but we are going to set it up and run it for them. All in all, this is part of our strategy to drive growth in Kenya and provide enhanced support to the startup ecosystem and the creative community. And that’s really what the move is about,” Ochai stated.

    Nigeria’s Co-Creation Hub launches “Let’s Build, Africa” to foster startup expansion across the continent

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    Africa Business CcHUB Collaborations iHUB Innovation Hub Investments Kenya Ojoma Ochai Tech Accelerator Technology
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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