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.
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.
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.
The investment firm said the programme was designed to ensure that Africans become not only users of AI technology but also builders of solutions capable of competing globally.
