Accelerating African Innovation

AFRICA is more than a continent; AFRICA is its people.

Innovest Afrika champions a global entrepreneurial community of African startup founders, representing the innovative potential of Africans.
Beyond a continent, we are committed to advancing the collective impact of African startups wherever they are located globally.
With a global African diaspora of 350 million, our focus transcends borders, empowering and nurturing the entrepreneurial contributions of Africans worldwide to foster global impact.

5000 African-Founded Startups by 2030

Innovest Afrika is a 501c3 non-profit organization, with a vision to accelerate 5000 African-founded startups globally.
Our mission is to cultivate a vibrant ecosystem of African innovators that drive positive change through entrepreneurship and technological advancement.
We invest in African founders that are building high-potential, high-impact startups wherever they are located in the world.
Innovest Ignite is Innovest Afrika’s premier accelerator program, designed to identify, support, and invest in the most promising African-founded startups. Annually, we select 10 startups per cohort in 6 different cities, totaling 60 startups per year. These startups undergo a rigorous program that includes intensive training modules, mentorship sessions, and one-on-one coaching. The program ends with a demo day event where all participating startups present to a panel of partners, investors and the wider entrepreneurial community. The top 3 participants per cohort will receive funding from Innovest Afrika.

President’s Insight

Meet the Founder

Femi is the Founder and President of Innovest Afrika.
He brings over 20 years of experience working with high-growth fintech startups, venture capital firms, and consulting firms.
Femi’s diverse global experience and entrepreneurial mastery began in Africa, where he was a key member of the founding team of a leading fintech startup. He played a pivotal role in the social and economic transformation driven by fintech startups across the continent.
“The impact of fintech in Africa was astounding. I realized that innovation and entrepreneurship is key to societal transformation,” Femi reflects.
This realization fueled his passion for promoting entrepreneurship among Africans as a catalyst for societal change.
Femi holds an MBA from Babson College’s F.W. Olin Graduate School of Business.

Femi Moito

Our Mentors