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ShEquity Accelerator Program For African Entrepreneurs 2023

ShEquity Partners (“ShEquity”), an investment company that makes wise investments in scalable, impactful, and female-led businesses in Sub-Saharan Africa, today announced the beginning of the fourth iteration of its accelerator program (SHEBA). The 17-week SHEBA program offers venture development and technical assistance to female African entrepreneurs throughout the ECOWAS area who want to expand their companies and become investment-ready.

The current request for applications is exclusively open to Anglophone candidates with legally registered enterprises in West Africa. For Francophone applicants with companies registered in West Africa, a second invitation will be made.

ShEquity Accelerator Program Benefits

  • In addition to the robust program development focus, SHEBA offers the opportunity to receive funding from ShEquity and other investors within the ShEquity network.
  • After the acceleration program, qualifying businesses are recommended to the ShEquity team for investment consideration.
  • The typical ShEquity seed investment ranges between US$50K and $250K, with an additional opportunity for post-investment support.

ShEquity Accelerator Program Requirements

  • SHEBA focuses on impactful, innovative, and scalable businesses in agribusiness (agric tech, production, processing, wholesale, retail, all agribusiness value chain aspects), climate-smart businesses, fast-moving consumer goods (FMCGs), healthcare, mobility/logistics, and tech-enabled businesses (fintech, clean tech, ed tech, etc.).
  • The applicants’ businesses should be duly registered in ECOWAS countries, female-owned and managed with a minimum of 51% female ownership, and in operation for at least 24 months.

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Stephen Adoga is a trained journalist, researcher, creative writer, content creator, video editor and freelancer. He studied Mass Communication at the Lagos State Polytechnic, Ikorodu, where he acquired requisite training for the practice of journalism. He loves the media. His interest mostly lies in the print medium where his creative writing skill makes him a perfect fit.

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