A newly launched African blockchain-focused Accelerator programme aims to invest in 100 start-ups across the continent over the next four years.

The programme hopes to raise between US$10 million and US$50 million, according to CoinDesk, and it will target enterprises that work across the supply chain, healthcare, fintech and government sectors.

Most of the start-ups are expected to come from South Africa, Nigeria, Kenya, Ghana and Egypt, but the programme is open to funding projects from the entire continent.

The initiative is a public-private partnership between Swiss blockchain investor Crypto Valley Venture Capital and the Swiss State Secretariat for Economic Affairs.

7 June 2022
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