How to Apply for AFD Digital Challenge for Entrepreneurs in Africa

2021 (AFD) Digital Challenge AFD Digital Challenge begins today. For its 5th edition, the event is committed to start-ups and digital developments that promote environmental defense and biodiversity in Africa. Candidates have till May 26th, 2021 to send their applications.

“Innovation for climate and biodiversity” is the motto of the AFD Digital Challenge (5th edition).

With this event which takes place annually, the AFD Group is once again reinforcing its assistance to Digital stakeholders and African start-ups.

A digital transformation, driven by a brand-new generation of business owners who integrate development, financial efficiency, and ecological and social effect, is changing the African continent.

Promoting a sustainable financial activity

Each year, the goal of the AFD Digital Obstacle Challenge is to recognize these start-ups, promote them, and accelerate their advancement. The objective of this 5th edition is to highlight digital development projects which help in protecting the environment, protect biodiversity, and tackle global warming.

The event is focused on start-ups, associations, and research grounds on the African continent, which use ingenious services to minimize the carbon effect of financial activities, participatory, promote sustainably, promote a sustainable financial activity in accordance with ecological concerns and civic management of natural resources.

The 10 projects which come out on top will get financial backing, in addition to assistance to accelerate their project and take part in the advancement of options to secure biodiversity and the climate. They will get AFD support through an “acceleration pack”, monetary and technical assistance worth EUR20 000.

To be Eligible For The 2021 (AFD) Digital Challenge

  1. Your task relates to among the theme provided above and detailed in the guidelines

  2. Your project is currently on the marketplace and in the seed/launch stage

  3. Your task has a legal structure in addition to a self-governing and sustainable business design

  4. Digital innovation is at the heart of your service

Selection stages

An application evaluation stage, verifying the eligibility of candidates and pre-selecting 30 start-ups on the basis of an analysis of the jobs, their ingenious nature, their financial model, impact, and the function of digital innovation;

An extensive analysis stage by AFD professionals of the pre-selected tasks;
A last choice by the jury made up of AFD specialists.

Statement of the outcomes on June 30, 2021.

Timeline:

Applications can be sent from April 28 to May 26, 2021.

For additional information: Go To the Authorized Web Page of the AFD Digital Challenge 2021 by Clicking Here.

Leave a Comment