Afreximbank Selects Eight Finalists for Its Leading Accelerator Initiative

The African Export-Import Bank (Afreximbank) has declared the eight finalists for the inaugural cohort of its flagship Accelerator Program, a three-month initiative launching in March 2026 aimed at empowering Africa's most promising startups driving innovation in intra-African trade.

Some of the firms that were chosen are; Daba Finance, Timon, OnePort 365, Fluna, Capsa, Gebeya, Zowasel, and Fincart. Originally with over 1,600 applicants, there was a thorough screening process that included company assessments, interviews, and presentations sessions which were supervised by Afreximbank trade specialists and outside experts.  

For example, Timon provides African tourists with a travel card and app that can be accessed anywhere in the world, whereas Daba Finance is an investment platform that focuses on Africa and offers capital market access. These firms cut across different important sectors including manufacturing, supply chain solutions, e-commerce, financial technology, market access, and agriculture. 

According to Haytham Elmaayergi, Executive Vice President of Global Trade Bank at Afreximbank, the bank is dedicated to developing the solutions required to open up trade throughout Africa, the diaspora, and the Caribbean.

Afreximbank's Fund for Export Development in Africa (FEDA) offers up to $250,000 in equity investment to selected businesses, together with professional mentoring and priority on markets. Not only that but there is access to experienced specialists and business executives committed to promoting economic integration under the African Continental Free Trade Area (AfCFTA).

This initiative highlights Afreximbank's dedication to promoting domestic solutions that bolster trade-led growth throughout Africa and the markets of Global Africa.