Updated Nov 28, 2018

L’AFRIQUE EXCELLE: Scaling up digital innovation

Offered by Venture Capital for Africa (VC4A) as part of XL Africa

We’re looking for 20 scalable technology ventures in the late seed or pre-series A stage, well-positioned for growth and cross-border expansion in the Francophone Africa markets, and looking to raise between $250K and $5M. We can help with access to funding, networks, mentoring and a community of like-minded entrepreneurs. We can also help you refine your business model, grow your revenue and market share, and accelerate your cross-border expansion.
Apply on Funding Site
Jan 14, 2019Deadline
$250,000 - $5,000,000Amount
UnavailableDuration(Months)

Mandatory Requirements

StageStage 3: Proof of Concept and Stage 4: Transition to Scale
Implemented in:
RegionN/A
CountryComoros, Guinea, Gabon, Equatorial Guinea, Djibouti, Congo, Republic of the, Congo, Democratic Republic of the, Chad, Cameroon, Burundi, Burkina Faso, Benin, Mauritius, Senegal, Rwanda, Niger, Mauritania, Mali, Guinea-Bissau, Cote d'Ivoire, Central African Republic, Togo and Madagascar
Focus Areas
  • Your start-up is for profit and registered, with a team of at least three people
  • A digital or tech product / service currently available in the market
  • Either based in or deriving at least 75% of turnover in one or several of the following Francophone Africa markets: Benin, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros, Congo, DRC, Djibouti, Equatorial Guinea, Gabon, Guinea-Bissau, Guinea Conakry, Ivory Coast, Madagascar, Mali, Mauritania, Mauritius, Niger, Rwanda, Senegal, and Togo
  • You have a very strong management team
  • You can demonstrate tangible traction, evidence of revenue and potential to scale
  • You are seeking investment capital in the range of $250K – $5M
  • While there will be exceptions, most likely your start-up has already received investment capital, as debt or equity, or received grants from donor organizations or prize money from competitions.


Other Requirements

Planned Usage of Funds
  • Structured access to Francophone Africa-focused investors throughout the program and at a Venture Showcase at VivaTech in Paris
  • Mentoring from two successful entrepreneurs or investors (international and local) to develop accurate company valuations, financial forecasts, risk management and customer acquisition strategies. Access to other expertise is provided based on your specific needs.
  • The opportunity to engage with investors, domain experts, and corporate partners as well as peers at two all-expenses-paid residencies – in Mali and in France.
  • Support in developing investment packages so you’re ready for investment following the program.
  • Knowledge through curated content designed to teach you everything you need to know about marketing, financing and market expansion.

Application Directions

Apply online

Application And Awards Process

The main language of this program is French, so fluent French is a requirement for participation. The application has to be submitted in French, the interviews will be in French, and the majority of Mali and France residency sessions will be in French.
The final pitch at the Venture Showcase, however, has to be delivered in English, so an intermediate level of English proficiency is desirable.
Apply on Funding Site