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Festival Coins (Nigeria), Salubata (Nigeria), <\/em><\/strong>HustleSasa (Kenya) and UBR VR (Egypt)<\/em><\/strong> Win Top Prizes, including Financial Support and Mentorship;\u00a0Paystack Payments Ltd., Kuramo Capital Management and Nigerian University of Technology and Management Join Demo Day as NBA Africa Triple-Double Accelerator\u2019s First Official Partners (www.NBA.com<\/a>).<\/em><\/strong><\/p>\n<\/p>\n NBA Deputy Commissioner and Chief Operating Officer Mark Tatum today announced the four prize-winning startup businesses from \u201cNBA Africa Triple-Double Accelerator\u201d (http:\/\/apo-opa.co\/3ZLmNoC<\/a>), which NBA Africa launched in April 2024 to support the continent\u2019s technology ecosystem and the next generation of African entrepreneurs.\u00a0 The four winning businesses \u2013 Festival Coins (Nigeria), Salubata (Nigeria), HustleSasa (Kenya) and UBR VR (Egypt) \u2013 will be awarded financial support and mentorship, including an opportunity to participate in workshops and development programs facilitated by NBA Africa or its partners.\u00a0<\/p>\n The 10 finalists, shortlisted from more than 700 early-stage African startup businesses that applied to participate, pitched their products to a panel of international industry leaders at a Demo Day at the NBA headquarters in New York City yesterday.\u00a0The judges included Accelerate Africa Co-Founder and CEO Iyinoluwa Aboyeji; NBA Assistant General Counsel, Technology, Software Licensing and Digital Platforms Franciscus Diaba; Managing Director, Centre for the Fourth Industrial Revolution Rwanda Crystal Rugege; Chegg Inc. Executive Chairman Dan Rosensweig; and Partner at Development Partners International Joanne Yoo.\u00a0 NBA Commissioner Adam Silver also delivered opening remarks and met the 10 finalists.<\/p>\n Below are the four winning businesses:<\/p>\n<\/p>\n The six other finalists each received a $10,000 prize.\u00a0<\/p>\n The Demo Day was supported by three official partners: Paystack Payment Ltd. (http:\/\/apo-opa.co\/3XHn75j<\/a>), Kuramo Capital Management (http:\/\/apo-opa.co\/3ZGroJ2<\/a>) and Nigerian University of Technology and Management (NUTM) (http:\/\/apo-opa.co\/3XHn1dX<\/a>). \u00a0<\/p>\n \u201cCongratulations to all of the incredibly talented entrepreneurs who participated in this year\u2019s program, with special recognition to the 10 finalists and four distinguished winners,\u201d said NBA Africa CEO Clare Akamanzi.\u00a0 \u201cThese outstanding companies have demonstrated the creativity, drive and determination to shape the future of sport in Africa and will help the continent take its rightful place on the world stage.\u00a0 We look forward to following their successes for many years to come.\u201d<\/p>\n \u201cNBA Africa Triple-Double Accelerator\u201d is open to early-stage startups in Africa that develop solutions in event management and ticketing, youth development, AI, and digital marketing.\u00a0<\/p>\n<\/p><\/div>\n\n