The VC landscape in Africa has grown significantly in recent years, with more investors and startups entering the market.
But despite transactions recorded on the continent expanding at a compound annual rate of 32% between 2014 and 2021, according to an April 2022 report by AVCA, the continent's business environment is still marred by pervasive structural barriers, which inhibit many startups.
That's why Dream VC, an investor accelerator platform that focuses on the African tech ecosystem, is building a community of active venture builders and venture scouts who want to invest in the African continent.
The platform, which is striving to democratize access and understanding of the venture capital space for professionals on the continent and among the diaspora, has opened applications for its 2023 venture capital (VC) fellowship programs.
Dream VC will run two programs this year, namely the 3-month-long Launch into Venture Capital Program (LIVC) and the 5-month-long Investor Accelerator Program. The LIVC targets junior professionals and graduates, while the Investor Accelerator Program is designed for mid to advanced-stage career professionals with capital and experience.
The initiative offers an extensive curriculum, practical training, and direct exposure to world-class investors, providing an ideal platform for aspiring and current investors looking to break into the African venture space.
Dream VC programs have a strong reputation in Africa, with over 50 Venture Capital Funds supporting the curriculum. To date, it has successfully trained over 80 fellows through its flagship.
Applications for both programs are now open and will close on April 16.