TERAWORK and 3 African startup helping young people across Africa find jobs, build careers, and prepare for the future of work were selected to receive US$20,000 in funding at the culmination of the first Future of Work Africa accelerator programme run by Village Capital with support from IFC and Moody’s Foundation.
Since 2009, Village Capital has supported more than 1,000 early-stage entrepreneurs through its investment readiness programme, while the VilCap Investments fund has invested in more than 110 programme graduates.
Its most recent programme, launched in partnership with IFC, a member of the World Bank Group, and Moody’s Foundation, and reported by Disrupt Africa in December, was Future of Work Africa, an accelerator for startups that are working to address high levels of unemployment across the continent.
Twenty-three startups were selected to take part, and now four winners have been peer-selected, securing US$20,000 each in funding from IFC.
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