XL Africa, based in Lagos, Nigeria, is a World Bank-supported post-accelerator program for promising African digital scale-ups.
Location
Lagos, NG
XL Africa, based in Lagos, Nigeria, is a World Bank-supported post-accelerator program designed to support promising digital scale-ups across Africa. The program targets startups that are ready to scale and provides non-equity assistance, including introductions to vetted investors and support in raising capital up to $500,000.
Notable portfolio companies include various high-potential digital startups from across the continent. Key partners in the program include IMC Worldwide, VC4Africa, and Koltai&Co. XL Africa's investment philosophy centers on providing comprehensive support through mentoring by experienced entrepreneurs and investors, access to a global repository of resources, and an immersive two-week residency in Cape Town to integrate into the African ecosystem.
XL Africa - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
