Organization · Accelerator
Baobab Network
Baobab Network is an accelerator organization that supports early-stage startups in Africa by providing funding and hands-on support. It operates across various sectors and has a portfolio of companies in 16 African countries.
Overview
What Baobab Network does
What Baobab Network is
Baobab Network is an accelerator organization that supports early-stage startups in Africa by providing funding and hands-on support. It operates across various sectors and has a portfolio of companies in 16 African countries.
How it participates in the startup ecosystem
The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Accelerator
- Structured capabilities
- Funder · Program host
- Last reviewed
- March 5, 2026
What Accelerator means
An accelerator is a structured, short-term program designed to speed up a startup's progress toward product-market fit, traction, fundraising, or scale.
Open the glossary entryOfficial channels
Find Baobab Network elsewhere
Open the official website or a supported primary organization account.
Capability profile
Baobab Network as a funder
Investment thesis
Baobab Network invests in early-stage startups across various sectors in Africa, providing initial funding and hands-on support through a 12-week accelerator program. The goal is to help founders achieve product-market fit and prepare for subsequent fundraising.
Focus narrative
Baobab Network invests in early-stage startups across various sectors, including MarTech, ClimateTech, KYC, Property Finance, Enterprise Data, Agriculture, AI, B2B SaaS, Communication, Construction, FoodTech, E-Commerce, EdTech, Energy, Financial Services, Healthcare, and Logistics. The organization provides initial funding of $100,000 to startups and offers hands-on support through a 12-week accelerator program.
Terms and economics
- Typical check
- $100,000
Focus and fit
- Stages
- Pre-seed · Seed · Seed+
- Sectors
- Marketing TechnologyClimate & SustainabilityFintechArtificial IntelligenceSaaS & Cloud SoftwareHealthcareLogistics & Supply ChainEducationEnergy
- Regions
- Africa
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 65
Portfolio context
Baobab Network's portfolio includes notable companies such as Lemonade Payments, a privacy-first digital payments platform for SMEs; Hadi Finance, which embeds trade finance into Nigeria’s informal economy; Nesti, helping Kenyan tenants turn rent payments into homeownership; Terminal, providing logistics solutions; and Triply, developing an operating system for tourism SMEs in Africa. Other companies include Aktivate, Alerzo, Edusko, and Drugstore.ng.
Capability profile
Baobab Network as a program host
Program thesis
Baobab Network aims to empower African entrepreneurs by providing funding and hands-on support to help them achieve product-market fit and prepare for future fundraising.
Focus narrative
The program focuses on early-stage startups in sectors such as MarTech, ClimateTech, KYC, Property Finance, Enterprise Data, Agriculture, AI, B2B SaaS, Communication, Construction, FoodTech, E-Commerce, EdTech, Energy, Financial Services, Healthcare, and Logistics. The accelerator is designed to help founders achieve product-market fit.
Value and support
Founders receive an initial investment of $100,000, hands-on support throughout a 12-week accelerator program, and guidance to prepare for subsequent fundraising efforts.
Terms and economics
- Indicative investment
- $100,000
Format and cadence
- Typical duration
- 12 weeks
Availability
- Application state
- Accepting
Focus and fit
- Stages
- Accelerator · Pre-seed · Seed
- Sectors
- Marketing TechnologyClimate & SustainabilityFintechArtificial IntelligenceSaaS & Cloud SoftwareHealthcareLogistics & Supply ChainEducationFood & Agriculture
- Regions
- Africa
Alumni and track record
Alumni context
Notable alumni include Lemonade Payments, a digital payments platform for SMEs; Hadi Finance, which embeds trade finance into Nigeria’s informal economy; Nesti, helping tenants achieve homeownership; Terminal, providing logistics solutions; and Triply, developing a finance stack for tourism SMEs.
Common questions
What to know about Baobab Network
Upseed classifies Baobab Network under the Accelerator organization type. Its current public profile includes funder and program host capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.