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The AfCFTA Vision Challenge 2020 for African Startups

by OFA

Application Deadline: December 22nd 2020

8 years ago, during the 2012 African Union session at Ethiopia, Heads of States agreed to create a single continental market for goods and services, with free movement of workers and investment. This birthed the African Continental Free Trade Area (AfCFTA). With the start of trading under the AfCFTA set for January 1, 2021, the AfCFTA vision challenge was recently created.

The AfCFTA Vision Challenge is open to startups working in any one of eight critical issue areas:

  • Education,
  • Healthcare,
  • Agriculture,
  • Infrastructure,
  • Good governance,
  • Trade/integration,
  • Technology,
  • Manufacturing and
  • Environment.

Pure commercial startups as well as social enterprises can also apply.


The Prize

Potential Investment in your idea by Africa’s leading Development Finance Institutions & Banks (such as AfDB, TDB, Afreximbank, BADEA, AFC, Equity Bank, Ecobank, CIB & more).


Instructions

Study the visions shared on our website by Africa’s Political Leaders and the nuances and caveats raised by its leading thinkers, pause, and dazzle our jury of institutional investors with a 5-page plan that shows why you/your team are best placed to realize the leaders’ visions in the 8 critical issue areas based on Agenda 2063.

Choose your own format for the plan but touch on product/solution, people/team, process/operations, innovation, social impact and financial sustainability.

For More Information:

Visit the Official Webpage of the AfCFTA Vision Challenge 2020

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