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AgriTech4Egypt Innovation Challenge opens applications for tech-prenuers

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The 2024 edition of the AgriTech4Egypt Innovation Challenge has called for applications from tech-prenuers and purpose-driven scientists working on agri-tech solutions for a more sustainable, efficient, and climate-resilient agricultural system in Egypt.

A notice on the website of the organizers of the programme on Tuesday said the programme is designed to give participants an edge in validating and deploying agri-tech venture in Egypt

“We are looking for purpose-driven scientists and entrepreneurs working on agri-tech solutions for a more sustainable, efficient, and climate-resilient agricultural system in Egypt,” the notice said.

It added that the AgriTech4Egypt Innovation Challenge is designed specifically for early-stage agri-tech ventures in the north African country with a “minimum viable product (MVP) or proof of concept (POC), and plans to support and prepare them to build a solid go-to-market strategy through technical validation and access to the market.”

“We are looking for agri-tech innovations in priority areas such as digital agriculture and precision farming, agri-finance solutions, sustainable value chain development, capacity building tools, and efficient irrigation water management,” it said.

“Selected ventures will receive the tools and step-by-step support to build the foundations of an agri-tech venture for scalable growth in Egypt, benefitting from a fully funded, four-day immersive bootcamp, connecting with a network of partners and agribusinesses, accessing expert guidance from CGIAR scientists and industry experts, plus a sponsored six-month acceleration programme.

“They will also be able to test and validate their solution on the ground with end-users for up to six months, receive up to EGP300,000 (US$6,500) as an equity-free grant provided by ASRT, and gain exposure to investors and market opportunities.

“Applications are open until April 21, with the accelerator programme taking place between June and October, and a demo day set for November,” it added.

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AfriLabs to host ‘Annual Gathering’ in Cape Town

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Pan-African innovation hub, AfriLabs, has announced Cape Town, South Africa, as the host of its “Annual Gathering” scheduled to hold between November 6 and 8 under the theme, “Uniting Innovation”.

In the statement issued by the Executive Director of AfriLabs, Anna Ekeledo, this year’s “Annual Gathering” emphasises the importance of collaboration to drive economic growth and social development through Africa’s innovation ecosystem.

‘It will feature seven key tracks, each focusing on pivotal sectors that are essential for Africa’s future, such as makerspaces, gender and inclusion, investment, and hub solutions,” she said.

Ekeledo also revealed that AfriLabs has secured a number of partners for the event including RLabs, NASENI, Research & Innovation Systems for Africa Fund (RISA), the Technology Innovation Agency (TIA), Intel and UNFPA.

“The support of our partners is not only a testament to the global relevance of Africa’s innovation ecosystem but also to the importance of collaborative efforts in driving sustainable development across the continent,” Ekeledo added.

AfriLabs is a network organisation that is committed to driving innovation and entrepreneurship on the continent by bringing together technology hubs, startups, investors, and other key stakeholders in the ecosystem. It counts 496 hubs across 261 cities in 53 African nations as part of its network.

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Young African tech-preneurs invited to apply for 2025 Anzisha Prize

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Young tech-preneurs in Africa have been extended an invitation to apply for the 2025 edition of the Anzisha Prize, which comes with mouthwatering offers such as access to benefits, services, and prize money.

The Anzisha Prize is delivered by African Leadership Academy in partnership with Mastercard Foundation, with the aim of increasing the number of job-generative entrepreneurs in Africa.

It is designed to accommodate 35 exceptional entrepreneurs aged between 15 and 22 who will be selected for a multi-year fellowship experience, during which fellows will receive business support including business coaching, experiential learning and resources to help them develop and scale their ventures.

According to the organizers, businesses that show exemplary growth and initiative will be rewarded with benefits and services such as short courses, cloud services and cash support.

“At the end of the second year, entrepreneurs will pitch their businesses and successes for a chance to win their share of prizes to the value of $50,000,” a statement by Didi Onwu, managing editor of the Anzisha Prize, said.

“The grand prizes are split into four categories – job creation, revenue growth, storytelling, and integrating systems and processes. At the end of the fellowship, the fellows will graduate and join the prestigious Anzisha Prize alumni network.

“This year, the Anzisha Prize is placing a special emphasis on green entrepreneurs. We are looking for passionate individuals who are tackling environmental challenges with innovative and sustainable business solutions,” said Onwu.

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