GIIG Africa Fund Archives - AfricaBusiness.com

By the end of 2022, world leaders will be halfway towards the 2030 deadline of achieving the 17 Sustainable Development Goals (SDG) of ending poverty, fighting inequality, and stopping climate change. However, seven years on and countries across the globe are on track to accomplish almost none of them[i]. This is no different in Africa – a continent where 40% of all people continue to live in extreme poverty[ii], and where less than half of the African Union member states have experienced sustainable socio-economic growth since the early 2000s[iii]. To achieve the 2030 deadline, African leaders will need to quadruple their efforts and double down on investments into innovation and ingenuity[iv]. Answering this call, the Global Startup Awards (GSA) – in partnership with the Global Innovat...

This week, the 2021 United Nations Climate Change Conference (COP26) got underway in Glasgow, turning the world’s attention to the global climate crisis and the solutions needed to address this. But many solutions already exist… in Africa. “Whilst we are delighted that nearly 500 global financial firms have agreed to align $130 trillion - 40% of the worlds’ financial assets - to climate change and to limiting global warming to 1.5 degrees Celsius, now, more than ever, funding needs to be mobilised to scale innovations so they can have maximum impact. For this reason, the GIIG Africa Fund is seeking $100m in capital commitments to invest in tech and innovation in Africa over the next three years,” says GIIG Founding Partner, Mahyar Makhzani, a company set up to find, fund and grow Sustaina...

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The Global Startup Awards Africa is now open for applications for the 2022/23 season

African Startups to Play a Critical Role in Taking the Planet ‘from Tragedy to Triumph’ …But where will the funding come from?