Date: 2017-10-26

Snapplify selected for World Bank’s accelerator programme, XL Africa.

CAPE TOWN, October 27, 2017 – Snapplify is proud to be one of the top 20 digital companies selected from over 1000 applications to participate in XL Africa – the World Bank’s new accelerator programme for Africa’s top digital entrepreneurs.

The programme begins this November in Cape Town, with interaction with international investors and potential partners. Over five months, the 20 growing businesses will move through a rigorous programme designed to generate further capital to catapult growth and expansion to new territories.

XL Africa is supported by the World Bank Group, with financial assistance from the governments of Finland, Norway and Sweden, and managed by implementing partners IMC Worldwide, VC4Africa and Koltai&Co.

Snapplify has a long history of working to improve digital education in Africa. In 2017, the company has rolled out eLearning solutions to over 500 South African schools, and run digital learning pilots in Kenyan schools. Here, Snapplify’s award-winning Snappbox – a hardware distribution solution for eBooks – has been used to increase affordable access to digital books where internet connectivity is limited or expensive.

Earlier this year, Snapplify was recognised by the London Stock Exchange Group (LSE) as one of the Companies to Inspire Africa for 2017. The company also won the SAB Innovation Award and was nominated for the Eduweek Awards and the British Book Award for Non-traditional Retailer.

‘Snapplify is proud and excited to have been included in this important pan-African initiative. We look forward to connecting with other companies who are using technology to tackle social problems, and with investors looking to drive innovation in Africa,’ said Snapplify’s Growth Director Tarryn-Anne Anderson.

‘XL Africa aims to put a spotlight on the continent’s growing digital economy by scouting for and supporting the most innovative tech start-ups,’ said Klaus Tilmes, Director of the Trade & Competitiveness Global Practice at the World Bank Group. ‘The success of these ventures will create a demonstration effect that can attract much-needed growth investment in the sector and catalyze scaling of transnational businesses in the region.’

About Snapplify:

Snapplify is a media and technology company with offices in South Africa, Kenya, and Europe. We provide a comprehensive platform for distribution, reading and retail of eBooks, magazines and newspapers.

Website:  https://solutions.snapplify.com/

South Africa store: https://store.snapplify.com/

Kenya store: https://www.snapplify.co.ke/

Twitter: https://twitter.com/Snapplify

Facebook: https://www.facebook.com/snapplify/

Press Contact:

For more information, please contact Tarryn-Anne Anderson from Snapplify on tarryn@snapplify.com or +31 62 44 66 523.