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Africa AI Accelerator, VC Fund

Africa AI Accelerator

VC Fund

Accra, Ghana

Africa AI Accelerator is a VC fund in Accra focused on Software and Artificial Intelligence. Artificial intelligence offers new opportunities in developing and emerging countries to overcome obstacles and achieve the SDGs. For example, AI can help agriculture automatically detect plant diseases or provide local digital companies with new tools. Yet, local AI innovation to solve local problems currently lacks the needed support. Developingand emerging countries are therefore at risk of lagging behind in the use and development of AI or becoming dependent on leading AI nations.

Total investments:
11
Last investment:
Lead investor:
100%

Last updated:

Industries Africa AI Accelerator invests in

SoftwareArtificial IntelligenceHealth CareAppsWater

Stages Africa AI Accelerator invests in

Non-equity AssistanceSeed

Countries Africa AI Accelerator invests in

RwandaUgandaGhanaNigeriaSouth Africa

Investment Focus

Industry

  • Software 3 (27%)
  • Artificial Intelligence 3 (27%)
  • Health Care 2 (18%)
  • Apps 1 (9%)
  • Water 1 (9%)
See all 21 industries →

Stage

  • Non-equity Assistance 10 (91%)
  • Seed 1 (9%)

Country

  • Rwanda 3 (27%)
  • Uganda 3 (27%)
  • Ghana 2 (18%)
  • Nigeria 1 (9%)
  • South Africa 1 (9%)

Investments

CompanyDescriptionRoundLinks
Aquasafi is a startup company that monitors water quality. Seed / Aug 24, 2020
Openbank Openbank
Openbank is a safe, secure, and revolutionary way of consumers sharing financial information enabling them to make more money via credit approvals and real-time payments. Non-equity Assistance / Aug 16, 2020
Tabiri Analytics primarily offers local solutions to global security threats. It provides cybersecurity monitoring and remediation using machine learning in a global sourcing model from East Africa. The company was founded in 2018 and is headquartered in Kigali, Rwanda. Non-equity Assistance / Aug 15, 2020
Kwanso.io is a solution to prevent, track, and monitor road traffic accidents by offering passengers, drivers, and regulators an App for identifying accident locations and monitoring speed. Non-equity Assistance / Aug 15, 2020
Diagnosify is an AI-powered startup that uses artificial intelligence to diagnose skin diseases, predict the name of the disease, give its severity level and assign patients to pharmaceutical services or dermatologists. Diagnosify leverages Artificial Intelligence technology to provide seamless skincare solutions. Non-equity Assistance / Aug 15, 2020
Global Auto Systems revolutionize the healthcare system through AI and Cloud computing technology helping reduce patient outcomes and cost of care. Non-equity Assistance / Aug 15, 2020
Data Systems Ltd. is an outsourcing and software development company that offers custom software development services on diverse technology platforms, like Microsoft, Java, PHP, Open Source,and Mobile. Non-equity Assistance / Aug 15, 2020
Xpendly is a personal finance management app that enables users to manage their finances in one place. Non-equity Assistance / Aug 15, 2020
Wekebere is a Ugandan-based health social enterprise, striving to engineer innovative healthcare solutions that give expectant mothers in low-resource settings the healthy lives they deserve. Non-equity Assistance / Aug 15, 2020
Congretype
Non-equity Assistance / Aug 15, 2020
See all 11 investments →

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FAQ

What does Africa AI Accelerator invest in?

Africa AI Accelerator invests primarily in Software, Artificial Intelligence and Health Care startups, most often at Non-equity Assistance and Seed stage. Most of the 11 investments tracked by Shizune back companies in Rwanda. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did Africa AI Accelerator last invest?

The most recent investment recorded for Africa AI Accelerator closed in Aug 2020. Shizune tracks 11 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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