Remilekun Osasona
VivaTech, with support from the International Finance Corporation (IFC), launched the first edition of the AfricaTech Awards, a pan-African initiative developed to recognize and support the most innovative and impactful African startups across three key sectors – Climate Tech, Health Tech and FinTech.
Tech startups can provide much-needed solutions to pressing global challenges, promote inclusion, and foster sustainable development. However, despite increasing interest from investors, startups across the continent too often struggle to find the capital they need to scale their innovations.
The AfricaTech Awards aims to help create new market opportunities for emerging African startups, catalyzing support and inspiring action from investors, policymakers, fellow entrepreneurs, and leading institutions in the tech space.
Rewards For Finalists;
The top 9 finalists(3 in each category) will:
Take part in VivaTech
Meet key players to scale your business
Benefit from a strong visibility
Rewards for Winners
The category winners will receive:
Climate Tech Winner
Introduction to the IFC Climate Tech
Specialist and key industry players
Access to New Energy Nexus’ global clean energy ecosystem network and its local networks in Uganda and Nigeria
Health Tech Winner
Introduction to the IFC Health Tech specialist and key industry players
FinTech Winner
Introduction to IFC FinTech investment team and IFC partner VC funds
Eligibility Criteria
Startup based in Africa
Having a product/solution addressed to the African market
Having a scalable product/solution
Must have raised a minimum of $200K in capital but not more than $6M
Must address one of the following themes: Climate Tech, Health Tech or FinTech
Timelines
Challenges Opening
Challenges End
March 25
Announcement of the top 45 startups (15 per category)
May 2
Announcement of the 9 finalists ( 3 in each category)
May 6
VivaTech Event (AfricaTech Award Ceremony)
June 15-18
Application Deadline
March 25, 2022
For information;
Visit the Official website of VivaTech AfricaTech Awards 2022
