Zug, Switzerland, Wednesday, March 20, 2024 – Two African startups, one from Kenya and another from Nigeria, have been selected to participate in the sixth edition of the CV Labs accelerator program, according to a press release issued by CV VC on March 13, 2024. 1
The CV Labs accelerator is the ecosystem division of CV VC, a global blockchain investment firm headquartered in Switzerland. The program offers promising startups capital, mentorship, and growth strategies.
Kenyan startup Shamba Records provides a real-time data collection tool designed to improve access to credit for farmers.
Their platform also includes a farmer’s wallet, facilitating seamless credit processing and payments.
This Nigerian startup, Jamit, offers a decentralized podcast hosting platform. It features cloud storage, global reach, engagement rewards, and unique NFT experiences for creators and listeners. 2
The CV Labs accelerator is not limited to African startups. This year’s cohort also includes companies from the United States, United Kingdom, Switzerland, Poland, and Germany. All participants receive access to an extensive network of leading mentors and investors, along with tailored support for their ventures.
While not restricted to any specific blockchain, the CV Labs program offers its participants valuable insights and connections within the blockchain technology space. This can be particularly beneficial for startups like Shamba Records and Jamit, which can leverage blockchain’s potential to enhance transparency, security, and efficiency within their respective industries.
The inclusion of African startups in the CV Labs program highlights the growing prominence of African innovation within the global blockchain ecosystem. This paves the way for further development and adoption of blockchain technology across the continent.
- African Startups: https://www.cvlabs.com/press-releases/cv-labs-accelerator-invites-web3-startups-to-apply-for-batch-06[↩]
- African Startups: https://techeconomy.ng/cv-labs-unveils-nigerias-jamit-seven-other-startups-for-acceleration-batch_06/[↩]
