Moody’s Corporation and Village Capital have launched the second edition of the Future of Work Africa accelerator programme, selecting 45 startups building for-profit, market-based solutions in education and employment that can help young people in sub-Saharan Africa better prepare for the future workplace.
The Future of Work Africa accelerator provides selected companies with access to self-guided training, extensive virtual support and engagement with mentors.
Selected from a pool of 196 applicants, the 45 startups are sourced from 23 countries and will be distributed between two cohorts – a core cohort of 15 startups, and an expanded cohort of 30 startups that will undergo self-guided training, extensive virtual support and engagement with mentors.
Each startup selected for the accelerator will work closely with mentors, potential clients and partners, as well as investors to help scale their impact, using tools developed to help their self-evaluation, such as Village Capital’s Abaca.
Below are the startups that make up the core cohort:
“Meaningful employment for African youth is foundational to improving financial health and driving a strong economy. With one-third of the 600 million young people entering the global labor market by 2030 projected to be a young African, there’s a great need to strengthen models that bridge the skills gap, enhance employability, and prepare job candidates for the shifting job landscape. Entrepreneurs across the region are already developing scalable solutions and we’re proud to continue supporting them through this program,” said Audrey Mate, programme manager for Africa at Village Capital.
Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent’s most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.
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