2023 AfriLabs Annual Report

Over the past 3 years, The AfriLabs Capacity Building Programme sustained noticeable impact while addressing key needs identified across the ecosystem

350+ Hubs Benefitted from funding program

Over 1 million Euros Disbursed to hubs through CBA, VMG, and Physical Workshops

850+ Startups Supported with financial benefit through hubs

15,000+ Entrepreneurs trained through

150+ Ecosystem Experts Engaged directly through ACBP activities

capacity building programs

2019 Need Assessment

Need for adequate training on hub management

Poor job creation capacity

Need for training on funding program for entrepreneur

Need for coaching and mentorship

2022 Impact Assessment 89%

of hubs reported improvement in Hub management outcomes

69% 79% 80% 67%

of Aueractinew staffas a result of ACBP activities

techniques and approadraising techniques and approach of hubs conduct mentorship program to support startups of hubs noticed improvement in partnership and collaboration

2023 Impact Assessment 95% of hub's programme implementation capacity Strengthened 90% of hub's support to Startup community Strengthened 80% of hub'sgrantfunding and investment attraction capacity increased 87% of hubs recorded strategic stakeholders' engagement, collaboration and partnership 12,000 + Direct and indirect jobs created across participating hubs

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