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Digital Africa Startup Challenge 2017

Team Startup Lagos by Team Startup Lagos
11/14/2016
Reading Time: 1 min read
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Digital Challenge Africa

Have you got an innovative solution that could help Africa’s development?  The Agence Française de Développement (AFD, the French Development Agency) and the Banque Publique d’Investissement (BPI, the French Public Investment Bank) invites you to submit an application to the Digital Africa Startup Challenge 2017.

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Nigeria Lending startup, Lidya raises $8.3 million pre-Series B to scale its operations in existing markets

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Fairmoney raises $42 million Series B round led by Tiger Global, reveals plans on evolving into a full-fledged Neobank

The AFD and the BPI want to encourage and support African entrepreneurs by organizing a competition open to both French and African startups. The Challenge aims to provide professional support to African Startups in the FinTech, health, environment, energy and agriculture sectors.

5 Winning startups will be selected from Africa and will benefit from services such as mentoring, incubation, networking and funding to the tune of 30,000 Euro for each winner.

Selection Criteria & Process: 

  • A Panel will choose the 40 best applications for the next stage using the following criteria: – team suitability, relevance of the solution, feasibility, sustainability, replicability, impacts on development, growth, employment
  • The final selection will include four African startups and four French startups, all chosen by the jury. Two additional startups will be chosen by an online public vote.
  • The 10 winning startups of the Digital Africa Startup Challenge will have the opportunity to present their solution at the 27thAfrica-France Summit in Bamako!

 

Application deadline is 15th November 2016.

Apply here 

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Team Startup Lagos

Startup Lagos is a leading Nigerian media and information platform, known for its end-to-end coverage of the Nigerian startup ecosystem. Starting 5 years ago, Startup Lagos has now become the gateway to the Nigerian startup ecosystem.

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  • Nigeria Lending startup, Lidya raises $8.3 million pre-Series B to scale its operations in existing markets
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