500 Global

500 Global is the most geographically diverse accelerator in the world, with investments in over 80 countries and more than 2,800 companies funded. Their Flagship programme offers $150K for 6% equity with a 4-month in-person residency in Silicon Valley, and their regional programmes across MENA, Southeast Asia, Latin America, and other markets bring Silicon Valley-calibre resources to founders who cannot or do not want to permanently relocate.

For African founders, 500 Global represents a bridge between building on the continent and accessing global networks. The Flagship programme runs on rolling admissions 365 days a year, which means there is no single deadline to hit. And the follow-on structure is generous: an additional $500K or 20% of your next priced round of $1M+, whichever is greater.