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Moniepoint’s founder to chair $200,000 Pan-African AI programme

Moniepoint’s founder to chair $200,000 Pan-African AI programme

By GhanaSummary NewsroomNigeria

The programme, launched by Askya Investment Partners, will support 10 AI-native, Africa-focused startups with capital, execution support and market access to enable them achieve product-market fit and scale across the continent.

By Babajide Komolafe Tosin Eniolorunda, founder and Group Chief Executive Officer of Moniepoint, has been appointed honorary chairman of the inaugural cohort of the Askya AI Growth Platform, a pan-African initiative targeting investment of up to $200,000 in selected African artificial intelligence, AI, startups.

According to Askya, the initiative comes at a time when Africa’s AI ecosystem is gaining momentum, with the African Development Bank estimating that inclusive deployment of AI could add up to $1 trillion to the continent’s Gross Domestic Product, GDP, by 2035.

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