The ongoing Covid-19 pandemic has seen three major trends emerge as drivers of investment in Africa's commercial property space. Though this sector has certainly taken a big knock, and commercial office space is still slow to recover, we are seeing positive activity in light industrial property, data centres, healthcare and pharmaceuticals, and even in hospitality, throughout Africa.ByPeter Hodgkinson
The final five qualifying businesses for the next round of the Ayo Scaling Africa Series have been selected. The series looks to assist tech entrepreneurs in taking their Series A businesses to the next level.
Pitch AgriHack is run by the Technical Centre for Agricultural and Rural Cooperation (CTA), in partnership with the African Development Bank (AfDB), the African Green Revolution Forum (AGRA), Women in Tech Africa, Nigeria's Wennovation Hub and Suguba Africa.
Disrupt Africa reported in July African startups comprised 23 of the 26 finalists of the competition, and the winners have now been announced.
In the early-stage category, Kenya’s Illuminum Greenhouses, Benin’s Fenou Packaging, and Nigeria’s Farmignite were named winners alongside Jamaica’s Develop Digitally, and awarded grants of between EUR5,000 ($5,700) and EUR7,500 ($8,700).
In the advanced category, Ghanaian startups Cowtribe and Agro Innova were named winners, as well as Nigeria’s Ankora Global Services and CLIN SARLU of Togo. They were awarded grants of between EUR12,000 ($13,900) and EUR15,000 ($17,400). A special prize for the best Francophone startup led by a woman was awarded to Fenou Packaging of Benin.
"These are entrepreneurs who have been inspired to make a difference – to help transform agriculture for future generations and to encourage young people to see the potential in farming and agribusiness. They are showing a pathway to enable the modernisation of agriculture. They are shining a light on the hope that will greatly improve rural lives and make agriculture attractive and profitable to youth who are too often migrating to cities in search of better opportunities," said Michael Hailu, CTA director.
Disrupt Africa Disrupt Africa is a one-stop-shop for all news, information and commentary pertaining to the continent’s tech startup – and investment – ecosystem. With journalists roaming the continent to find, meet, and interview the most innovative and disruptive tech startups, Disrupt Africa is a true showcase of Africa’s most promising businesses and business ideas.
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Co-founder @DisruptAfrica. Tech and business journalist in Africa. Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.
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