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Startups·1 min read

Côte d'Ivoire Names 32 Startups, but Funding Is the Real Test

Abidjan has named the first cohorts of Ivoire Tech Next 15 and Ivoire Tech Scale Up. Whether the programmes work depends on money, procurement rules and a scorecard.

Skyline of Abidjan, Côte d'Ivoire, with business towers along the lagoon at dusk.
Image: TechCabal

Côte d'Ivoire has named the first cohorts of two government-backed programmes, Ivoire Tech Next 15 and Ivoire Tech Scale Up, putting 32 tech startups in the spotlight. The selection itself looks credible. What happens next is less certain.

The programmes are designed to support Ivorian startups at different stages: Ivoire Tech Next 15 for earlier companies, and Ivoire Tech Scale Up for those looking to grow. The naming of the first cohorts is the visible milestone. It is also the easy part.

Three things will decide the outcome

The first is money. A list of selected companies only matters if capital follows, and the size, timing and form of that funding will show how seriously the state backs its own picks.

The second is procurement. Public contracts can be one of the most valuable sources of early revenue for a young technology company. Rules that let startups compete for government work, rather than favouring established suppliers, would turn a label into real business.

The third is the scorecard. Clear, published measures of success, such as revenue, jobs or follow-on investment, would let founders, investors and citizens judge whether the programmes deliver, and would allow the government to adjust course.

Why it matters

For founders in Abidjan, selection brings visibility and a signal to investors. For the wider Francophone West African ecosystem, the programmes are a test of whether state-led initiatives can move beyond announcements. Many such schemes across the region have struggled at the stage where promises must become disbursements and contracts.

The coming months will show whether the 32 selected startups receive more than recognition. Funding commitments, procurement rules and the metrics used to track results are the details to watch.

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Tags:cote d'ivoireivoire tech next 15ivoire tech scale upabidjanstartup fundingafrica

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