Facility for Energy Inclusion (FEI) – Direct Company Loans
Debt financing platform managed by Cygnum Capital for the African Development Bank, offering flexible loans for renewable energy and clean energy projects…

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A 12-week accelerator for women founders aged 18–35 running tech startups in Africa with proven revenue. You get free training, monthly stipends, mentoring, and a chance to pitch for up to $5,000 in revenue-based financing—but your business must already be trading and earning at least $500/month.
Her Startup selects about 10 women-led African tech startups per cohort for a 12-week Founder Institute accelerator (fees paid), a monthly stipend of about US$1,000 tied to participation, free therapy sessions, 12 months of sector-matched mentoring, and a chance to pitch for up to US$5,000 in revenue-based convertible financing (a loan repaid from revenue, not a grant). Cohort 2 closed on 26 October 2026; the next edition has not been announced yet.
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Women founders, co-founders or CEOs aged 18–35 in any African country. The business must be tech-enabled with a product already on the market, operating for at least 6 months, with at least US$500 in gross revenue every month for the last 6 months. One participant per startup; must commit at least 20 hours a week for 12 weeks. At least 15% of places reserved for Francophone founders; fintechs capped at 20% of the cohort.
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Applications are assessed by Her Startup and Founder Institute against stated criteria: you must be a woman founder aged 18–35 in Africa, running a tech business live for 6+ months with $500+ monthly revenue. About 10 startups per cohort are selected. Selected founders then begin a 12-week intensive training with Founder Institute (fees covered); those who complete graduate and pitch to an investment committee for up to $5,000 in revenue-based convertible financing.
What reviewers look for
You do not meet the eligibility criteria. Her Startup requires 6 months of operation and at least $500 monthly revenue for the past 6 months. Wait until you reach both thresholds before applying.
You can apply from any African country. Her Startup accepts applications from all of Africa, not just one nation.
It is partly both. The stipend (about $1,000/month during the 12-week training) is not repaid. The funding you pitch for—up to $5,000—is revenue-based convertible financing, meaning it is repaid from your business revenue, not a grant. It converts to equity or is repaid depending on the terms agreed with the investment committee.
The accelerator training is 12 weeks. After that, successful graduates receive 6 months of mentoring and 12 months of sector-matched mentoring, plus access to therapy sessions and healthcare cover for 1 year.
You can apply as a co-founder or CEO. However, only one participant per startup is accepted into the programme, so you will need to decide which founder will attend.
Guide written from the official programme page on 31 October 2026. Funders change their rules, so confirm the details on the official page before you apply.
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