grants for african startups Archives

22Jun

By Africa BusinessNo Comments

Ethiopia News, Startups

Ethiopia Builds Wealth for Tomorrow with Startups as the Universal Engines in the Growth and Development of Governments and Countries

Addis Ababa, Ethiopia: As the host nation of the Global Startup Awards Africa, Ethiopia launched the inaugural national Ethiopian Startup Awards on 3rd June 2024 at the Entrepreneurship Development Institute (EDI). This follows the success of the Global Startup Awards Africa Summit held in October 2023 in Addis Ababa and forms an integral part of the national agenda to prioritise innovation and entrepreneurship for the next 10 years of implementing the country’s prosperity roadmap. This year's Global Startup Awards Africa 2024 competition garnered 11,900 entries from across Africa, with Ethiopia contributing 24% of the Eastern region's entries. Notably, Ethiopian startups showcased remarkable growth in participating in the awards with a 400% growth in applications since 2023, underscori...

CREATING AFRICAN SUCCESS STORIES: Harnessing the opportunities offered by accelerators to fast-track African entrepreneurs

African startups face various challenges – from raising funds to securing their first contracts. And for more than half of African startups[1], these challenges will be insurmountable. But for one startup working on the continent, a pan-African Accelerator Programme has unlocked both seed funding and long-term contracts. When Stephan Eyeson, CEO and Co-Founder of Survey54, joined Startupbootcamp AfriTech (SBC), it was the stepping stone he needed to get his company off the ground. Africa is the last market with countless opportunities for startups, and the ASIP Accelerator aims to equip entrepreneurs with the necessary skills to access this market. Startupbootcamp Afritech is the most experienced,multi-corporate-backed tech accelerator that specialises in unlocking and growing Pan-Afri...

Seven South African legal startups to pitch for EUR 10,000 grant

Virtual pitching event to occur on 13 July, register to attend The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year. With more than 200 applications from startups with high impact justice innovations, HiiL has selected the top seven in Southern Africa to pitch to an esteemed panel and are inviting interested community members to join the presentation. Adam Oxford, Head of the HiiL Innovation Hub Southern Africa, says that an estimated 70 percent of justice problems remain unresolved due to lack of access, trust, and high costs. These issues often result in poor outcomes for health, equality, and economic stability. “By addressing justice over the past...