Startup

New blended-capital initiative focuses on Africa’s growth-stage financing gap

Africa / Nigeria0 views1 min
New blended-capital initiative focuses on Africa’s growth-stage financing gap

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Cascador has launched its 2026 ScaleUp programme, targeting growth-stage companies in Africa with limited access to scale capital. The programme will select 12 founders for a 12-week mentorship and catalytic funding initiative, aiming to address the continent's $300 billion SME financing gap.

Cascador, a Nigerian entrepreneurship platform, has opened applications for its 2026 ScaleUp programme. The initiative targets growth-stage companies facing financing gaps across African markets. The programme will select 12 founders for a 12-week hybrid experience, combining in-person and virtual advisory support. Participants will receive tailored guidance and access to networks for business expansion. They will also be eligible for follow-on financing through Cascador's Catalytic Fund. The fund deploys $2-5 million annually, using a mix of instruments including local currency debt and equity. Since its launch in 2019, Cascador has supported 70 ventures, which have collectively raised $125 million in capital.

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