Startups

New Opportunities for Tech Startups in Nigeria and Beyond

AfricArena, the largest African tech ecosystem accelerator in the world, currently has no less than six open innovation challenges running that entrepreneurs globally can apply to.

Tech startups in Nigeria and beyond will always have opportunities to showcase their talents and skills. That is why the emphasis on being innovative is always there.

The essence is to see that the world’s problem is reduced to the barest minimum. The bigger companies are making way for the startups to come up with disruptive solutions. There is no month that goes by without any form of pitch. Either big or small.
AfricArena, the largest African tech ecosystem accelerator in the world, currently has no less than six open innovation challenges running that entrepreneurs globally can apply to.
Two of these challenges close this week, so tech startups from all across Africa are encouraged to apply soonest if they would like the opportunity to compete on the global stage in front of international investors, sponsors and partners.
Most recently, AfricArena attended the world’s rendezvous for startups and leaders, Viva Technology (VivaTech) in Paris. At the conference VivaTech announced a partnership with AfricArena in order to expand their African focus. Some of the AfricArena alumni from the 2017 conference were also in attendance, sponsored by AfricArena to attend this incredible event.
In April, AfricArena announced the launch of an Africa tour to scout for startups that are to be flown to Cape Town, where they will undergo training, and thereafter pitch at the summit set to take place on 15 and 16 November.
The cross-sector challenges are open to all startups with an existing product. In addition, applicants are expected to be able to prove substantial growth and traction, as well as have attained market and customer validation.
For successful applicants, the pre-selection pitching sessions are set to be streamed on international investor platform Euroquity and viewed by hundreds of heavyweight investors across the world.
“What AfricArena is doing is great. This road show throughout the different English and French speaking countries in Africa is key to gather, to foster the innovation ecosystem and to give the opportunity to startups to be accompanied, incubated and accelerated locally.
We as Vinci Energies want to focus on developing things locally, helping to support education and skills because it is key to give the opportunity to the startups to increase very fast and to go abroad,” says Lydia Babaci-Victor, the Director of Development and Innovation and Vinci Energies.
To learn more about the AfricArena current open innovation challenges and to apply, click here.