Deep Dive Africa

Connecting African Startups to Global Investors

Deep Dive Africa is a pan-African investment readiness and investor-connection program designed to bridge the gap between early-stage African startups and global investors seeking opportunities in the continent’s fast-growing markets.

Connecting African Startups to Global Investors

Co-led by Impact Hubs Accra, Lagos, and Kigali in partnership with GrowthAfrica and funded by Make-IT in Africa (implemented by GIZ on behalf of Germany’s Federal Ministry for Economic Cooperation and Development – BMZ), the program offers a unique blend of ecosystem immersion and targeted investor-startup matchmaking.

 

Following a successful inaugural edition in 2019—where participating startups from Accra and Lagos collectively raised $500,000Deep Dive Africa II expanded its reach to four key African innovation hubs: Accra (Ghana), Lagos (Nigeria), Kigali (Rwanda), and Nairobi (Kenya).

Program Outlook

From August 2021 to February 2022, the program provided 40 investment-ready startups (10 per country) with tailored support to refine their investment pitches, strengthen their business models, and prepare for meaningful investor engagement.

 

The initiative combined ecosystem tours—giving investors a firsthand view of local innovation landscapes—with a final three-day virtual investment event (23–25 February 2022) featuring curated one-on-one meetings and networking opportunities.

 

Program Goals

  • Connect African startups with pre-seed and seed investors from across the globe.

  • Showcase the diversity and potential of Africa’s startup ecosystems.

  • Facilitate meaningful investor-startup engagements leading to funding and partnerships.

  • Support startups in achieving investment readiness through targeted mentoring and exposure.

Key programme results

1 +

Startups engaged

1 k

Raised collectively across hubs

60

Virtual investment event 

1
60
60

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