(Business in Cameroon) - From 12 June 2017, the sponsors of start-ups in Cameroon can go on the website www.XL-Africa.com, in order to apply to the incubation programme of the most promising African start-ups that the World Bank has just launched. Under this initiative, the sponsors of 20 start-ups selected on the African continent will benefit from 5-months training including theoretical and practical lessons in business management. They will furthermore benefit from support aimed at improving their regional visibility, and will have access to potential business partners and investors.

Called XL Africa, the above-mentioned incubation programme is, we learn, supported by major African investment companies. According to Klaus Tilmes, Director of the Trade & Competitiveness Global Practice department in the World Bank, this initiative aims to put "the focus on the growing digital economy of the continent, in exploring and supporting the most innovative technological start-ups".

BRM