How we help
Your digital startup has already achieved product-market fit, has demonstrated traction and is bringing in revenue. Now you want to push for real growth and find investment.
This is where we lend support. We match you with successful entrepreneur mentors and investors so you get access to skills, knowledge, partners and funding to help your business grow.
And while social impact is not a requirement, we are particularly interested in helping companies that use emerging technology for both social and financial gains.
Who does XL Africa target?
We are looking for later stage digital solutions from any sector vertical, with services or products available on the market now. This includes, but is not limited to fintech, agriculture, transport, energy, health, education, smart cities, gaming, resource management, media and many more. We are not looking for single founders but quality teams that have the expertise and experience needed to implement successfully in these markets. Traction is key, and where the teams should be gearing up for expansion and Series A level funding ($250K - $1,5mln)
What do we mean by digital?
Smart city solutions
Point of sale or wholesale payment & processing
Internet of Things
what we offer
ACCESS TO Capital
Introductions to vetted, proven investors with no brokerage fees or equity taken by XL Africa
During XL Africa, we will connect you with angel investors and venture capital firms to help you raise growth capital. How much? We estimate that XL companies will be looking for up to approximately $1.5M. Of course, significantly smaller, and somewhat larger, amounts are also acceptable.
Mentoring from experienced international and in-country entrepreneurs, investors and experts
You will have access to a wide roster of mentors and advisors with extensive local and international experience as entrepreneurs or investors. Based on your needs, you will have access to domain and business expertise, and each XL company will be paired with two lead mentors, one local and one global, to provide complete guidance throughout the program.
Access to a global repository of information, African and international case studies, tools and people to fuel your growth
Our learning modules and live webinars allow you to meet peers virtually and speak with experienced entrepreneurs and investors.
A two-week Cape Town based immersion in the African ecosystem and investor communities
At a two-week residency in South Africa you will work intensively with mentors, create networks with other entrepreneurs, and have access to potential customers and partners. The event concludes with an exclusive, invite-only Venture Showcase Day, where you'll pitch to and receive valuable feedback from investors.
Supercharge your business's brand visibility with our network and media partners
XL Africa's media contacts will help you super-charge your start-up's visibility.
Cover Photo: Rwanda Government, CC BY-ND 2.0