Y Combinator S21 Batch Will Feature 9 African Tech Startups

Y Combinator has announced the startups that will participate in its summer 2021 batch, and it will feature 9 African tech startups from Nigeria, Egypt, Morocco, and South Africa

This batch will run until September of this year and will see 117 startups from around the world participate. This number could grow over the next few days if the accelerators continue to announce new participants.

The African participants are looking to disrupt a variety of industries ranging from pop stores to multi-currency payment solutions.

So far, Nigeria and Egypt lead the list with 3 startups each. From Nigeria are Mecho Autotech, which connects auto part vendors with potential customers; Suplias, a Business-to-Business marketplace for Mom-and-pop stores; and Lemonade Finance, a payment solution platform.

On the other hand, Egypt’s representatives are Amenli, an online insurance brokerage; Odiggo, a car parts marketplace; and ShipBlu, a last-mile e-commerce delivery company).

Morocco is represented by two startups: Chari and Freeterium. Chari is a B2B E-Commerce Startup, while Freeterium is a SaaS platform that connects participants in the logistics value chain.

South Africa has only one representative: Floatpays. This startup is aiming to disrupt the on-demand wage access industry with its platform.

By joining one of the most prestigious startup accelerators, these startups will not only receive seed money, but also access to valuable advice, connections, marketing lessons, scalation tactics, and many more useful skills. In exchange, Y Combinator receives a 7% equity in each of the startups.

At the end of the program, all startups will present their products on “Demo Day”.