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Application Deadline: March 20, 2023

VivaTech and the International Finance Corporation (IFC) have teamed up for the second edition of the AfricaTech Awards. This initiative aims to recognize and support innovative Africa-focused companies with disruptive solutions in the Climate tech, Health tech, and Fintech sectors.

Tech entrepreneurs can provide vital solutions to major global challenges, while also driving economic growth and fostering sustainable development. Despite increasing interest from investors, startups in emerging markets often struggle to access the networks and capital they need to scale their business.

Through the AfricaTech Awards, VivaTech and IFC aim to create new opportunities for tech companies that are having a transformational impact across Africa. The winners of the Awards will gain access to leaders and top executives in the tech industry and increased visibility among global investors, including IFC, one of the largest venture capital investors in emerging markets. The inaugural edition of the Awards, which launched last year, attracted more than 300 applicants.

Eligibility Requirements

Operating in Africa: majority of the team based in Africa and/or serving African markets
Having a solution or product addressing the African market
Must have raised a minimum of USD 200K and a maximum of USD 10M in capital
Must address one of the following themes: Climate Tech, Health Tech or FinTech

Benefits

REWARDS FOR THE FINALISTS

The top 9 startups (3 in each category) will receive:

Fly to Paris and attend VivaTech
Meet key playersto scale your business
Benefit from a strong visibility

Invitation to the event (flights, passes and booth at VivaTech all included)
Pitch on stage on the AfricaTech Lab
Take part in the official AfricaTech Awards ceremony

REWARDS FOR THE WINNERS

The 3 winners (1 in each category) will receive:

Climate Tech
Health Tech
FinTech

1:1 mentoring session with the founder of a unicorn company in IFC’s portfolio
Award from the sponsor of the category to be announced soon

THE CHALLENGES

Climate Tech Challenge

Solutions that can reduce emissions, protect the environment, and help communities become more climate resilient.More information

Health Tech Challenge

Solutions that can expand access to healthcare among underserved communities, reduce the cost of services, and boost innovation in the healthcare sector.

FinTech Challenge

Solutions that can expand access to financial services among underserved communities, promote financial inclusion and financial literacy, and improve the efficiency of the banking infrastructure.

For More Information:

Visit the Official Webpage of the VivaTech AfricaTech Awards 2023