After five years of being acquired by CcHub, iHub has relocated to a modern two-story headquarters in Nairobi’s Lavington area, showcasing the accelerator’s increasing impact on Africa’s tech scene.
The new office in Lavington offers a specialized entertainment and media hub to support professionals in film, television, and social media. It includes co-working spaces, private call booths, conference rooms, and dedicated venture capital offices for companies like TLcom and Verod-Kepple Africa Ventures.
Ojoma Ochai, CcHub’s Managing Director overseeing iHub operations, mentioned that their move signifies a strategic focus to scale up operations and reaffirm their dedication to Kenya and growth plans.
This year, iHub has been active in collaborations with Safaricom and Spark Accelerator to assist startups like Chaptr and Chumz. Additionally, through a partnership with the Mastercard Foundation, iHub and CcHub have invested $1.2 million in 36 edtech startups.
iHub’s presence across Nigeria, Rwanda, Kenya, and Namibia allows it to support startups continent-wide, aligning with CcHub’s strategy to drive growth and innovation within Africa’s tech ecosystem.
Through a syndicate model, iHub connects its startups with various funding options, from seed to Series A investments, typically ranging from $20,000 to $250,000. They offer funding instruments like loans, grants, and convertible notes.
While iHub expands in Kenya, CcHub is also broadening its reach in Africa by launching Janta TechHub in Togo, highlighting their commitment to fostering innovation and entrepreneurship on the continent.
Ochai emphasized that the hub in Togo will be managed by CcHub, showcasing the organization’s dedication to supporting innovation and entrepreneurial endeavors across Africa.
The move to the new headquarters in Lavington aims to enhance support for the startup ecosystem and creative community, aligning with the strategy to drive growth in Kenya.