Africa50

 2,499
Africa50 Innovation Challenge

Africa50 Innovation Challenge

Finding the most innovative infrastructure and tech solutions which enable people to connect to the internet in their daily lives.
stage:
Submission Deadline
prize:
Cash prize and/or project funding
Overview

Challenge Overview

ABOUT THE CHALLENGE

Calling all developers, ICT experts, engineers and innovators, to join Africa50 in finding sustainable solutions to respond to Africa’s most critical and pressing infrastructure development challenges.

Africa50’s Innovation Challenge provides you with an unparalleled opportunity to get your solution in front of our investment team and project funding partners, as well as gain exposure in Africa’s leading tech events.

 

Why Last Mile Connectivity?

Recent World Bank studies show that an additional 10% Internet penetration can lift GDP by 1-4% in developing countries and that African firms using the Internet are nearly four times as productive per employee as those that do not.

Inclusive Growth

Internet connectivity has a strong multiplier effect on economies as it drives increased exposure to information, innovation, and knowledge, at reduced costs. It enables access to education, health and other social services, as well as employment and job creation opportunities. Internet connectivity also enables small businesses to access international markets and allows new industries to spring up.

Economic Transformation

Africa is at a crossroads with a range of development needs. Providing the strongest foundation for advanced, inclusive growth, last mile connectivity will enable the continent to leapfrog traditional solutions and unlock the potential of the Fourth Industrial Revolution.

 

Timeline
Forum 2
Community 72