[AUGUST 23-24, 2022] Celo Announces Web3 Fund Event in Lagos, Nigeria

After a successful inaugural Web3 Fund in Nairobi, Kenya, the Celo team will be in Lagos, Nigeria for the next Web3 Fund event that seeks to help Web2 startups receive financial investment from its ecosystem partners.

The call for Web2 startups and businesses is open to up to 60 Nigerian founders to access equity investors, VC funding, technical, business, and marketing mentorship, as well as decentralized exchanges listing opportunities to interested candidates.




Nigerian Founders and companies building solutions in the following verticals are encouraged to apply:

  • Payments
  • Remittances
  • Crypto
  • Savings
  • Lending, and

Other financial related services with an interest in crypto are encouraged to apply.


SEE ALSO[IN PICTURES] The Celo Africa Web3 Fund Inaugural Event Kicks Off in Kenya – Next Stop, Nigeria


Similar to the Kenya Web3 fund event, financial investments to selected candidates will come through the Celo Africa Web3 Fund VC partners while the technical assistance will be provided by the Celo Developer Guild, as well as Celo technical partners, Tatum and Ape Unit.

Some of the benefits of the program for the 60founders selected to participate at the Lagos event include:

  • Access to equity investors and venture capital funding
  • Technical and business mentorship
  • Marketing support
  • Decentralized exchanges listing opportunities
  • Opportunity to join the Celo Alliance for Prosperity

The in-person workshop is the first initiative of its kind that hand-holds founders while helping them gain access to vital capital needed for growth and expansion across the African continent.

The event will also offer founders a great opportunity to interact and have one-on-one sessions with VCs looking to invest in Web3-focussed startups across Africa.

The Celo Africa Web3 Fund builds on Celo’s active presence in several African countries where Celo is engaged with local developer communities, and where it has been running pioneering pilots in the areas of microwork, micropayments, and DeFi lending, together with international and local partners such as Mercy Corps Ventures, Cinch, and Kotani Pay.

For more information on the Celo Africa Web3 Fund, and to apply please visit the website.


RECOMMENDED READING: 2 Out of 30 Projects Selected for the 2022 Celo Accelerator Batch 5 Program are African


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