Thomson Reuters, in partnership with Venture Capital For Africa (VC4A), is launching Africa Startups Challenge; an initiative to provide a platform for startups to partner as they grow into lucrative businesses.
As a large continent made up of many emerging markets, Africa is home to some exciting startups. Most of them are able to leverage new technology and new business models to overtake the current players. The Africa Startups Challenge seeks to identify the best new companies
Thomson Reuters aims to empower Africa’s success by providing government, financial, academic and business solutions.
Apart from providing startups with an opportunity at a potential partnership with a global financial service and professional information company, the Africa Startups Challenge will also increase visibility for startups by being showcased on a global investment platform called Eikon.
Startups will also be given the opportunity to attend the Thomson Reuters Africa Summit 2016 and there is also cash prize for the winning startup.
Thomson Reuters’ position as a trusted provider in financial markets makes it attractive for FinTech startups to work with them.
But the challenge seeks the most promising startups in Africa, and the key areas of focus are the following 10 categories: Agri-tech (including land administration), Big data analytics, Blockchain, Digital government, Education Internet of Things,Fintech, Media-tech, Mobile technology, Supply chain.
Application deadline: July 15, 2016
Program dates: May 1 – September 30, 2016
To register and apply, visit the VC4Africa Africa Startups Challenge page.
Nigerian startups raised $17.6m in Q1 2019, 8.5% higher than they did in Q1 2018. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.