TRENDING

8 Funding Opportunities and Grants for African Businesses

By: indexprima

August 6, 2026

8 Funding Opportunities and Grants for African Businesses
Image Source: indexprima.com

Share

A range of funding, grants, prizes, and acceleration programs are actively accepting applications for African startups, SMEs, research institutions, and innovation hubs. Below is a detailed breakdown of each opportunity, including focus areas, target applicants, deadlines, and verified application portals.

1. Milken–Motsepe Prize in Circular Economy

  • Funding Pool: $2 million total prize pool ($1 million Grand Prize)
  • Target Audience: Entrepreneurs and scalable tech companies operating in Africa
  • Focus Areas: Waste reduction, resource efficiency, climate action, and sustainability
  • Application Deadline: August 13, 2026

2. adidas Foundation – Moving for Change

  • Funding Pool: €2.2 million programme funding
  • Target Audience: NGOs and community organizations operating in Ethiopia, Kenya, Rwanda, Tanzania, and Uganda
  • Focus Areas: Gender equality, social inclusion, mental well-being, and community resilience through sport
  • Application Deadline: August 21, 2026

3. IDRC – Addressing Neglected Areas of Sexual & Reproductive Health and Rights (ANeSA)

  • Funding Pool: Up to CAD 1.2 million per project (~36 months duration)
  • Target Audience: Research consortia, civil society organizations, and policy-makers in Sub-Saharan Africa
  • Focus Areas: Evidence-based health research, family planning, adolescent health, and gender-transformative systems
  • Application Deadline: August 23, 2026 (Letter of Interest stage)
  • Verified Portal: IDRC Funding Directory

4. FoodSafety4Africa – Open Call 2

  • Funding Pool: €200,000 total (up to €40,000 per selected hub)
  • Target Audience: Innovation hubs, incubators, and food system accelerator organizations
  • Focus Areas: Food safety acceleration, training/mentoring for agritech startups, and market entry solutions
  • Application Deadline: August 31, 2026

5. Google Africa Applied AI Lab

  • Support Offered: Technical mentorship from Google Research, early access to Google DeepMind models (Gemini, Gemma, Veo), and investor networking
  • Target Audience: African AI founders, researchers, and early-stage tech entrepreneurs
  • Focus Areas: Artificial Intelligence, commercialization of AI-native products, and future-of-work solutions
  • Application Deadline: August 31, 2026

6. African Impact Challenge 2026

  • Funding Pool: Non-dilutive grant funding (up to CAD 25,000), incubation, and investor access
  • Target Audience: Early-stage African startups, youth innovators, and technology-driven SMEs
  • Focus Areas: Health entrepreneurship and high-impact scalable business solutions
  • Application Deadline: Check official site for current stream cycles
  • Verified Portal: African Impact Initiative

7. Shophand Small Business Boost Grant

  • Funding Pool: $2,500 cash grant plus $2,500 in technical support and tools
  • Target Audience: Small business owners, solopreneurs, and growing SMEs
  • Focus Areas: Digital transformation, operational growth, and business systems automation
  • Application Deadline: August 1, 2026 (Monthly micro-grant cycles available)

8. YandyTech Innovation Fund (YIF)

  • Funding Pool: ₦1,000,000 total prize pool (₦500,000 grand prize) + 6-month incubation
  • Target Audience: Women-led MSMEs and youth entrepreneurs (ages 18–35)
  • Focus Areas: Digital adoption, tech-enabled business operations, and community innovation
  • Application Deadline: Check current application cohort details
  • Verified Portal: YandyTech Community

🕶 Relax!

Put your feet up and let us do the hard work for you. Sign up to receive our latest Intel directly in your inbox.

We’ll never send you spam or share your email address.
Find out more in our Privacy Policy.

DON’T MISS THE INTEL

Be the first to know when there is a signal from the African Tech Terminal

We don’t spam! Read our privacy policy for more info.