The goal of the African Impact Challenge is to build the Africa we want to see, by investing in the continent’s early innovators and enabling them to build market-creating innovations, which tackle their country’s biggest challenges with technology.
Inspired by The Prosperity Paradox, it will be run in different African countries every year. The 2020 pilot was in Ghana, followed by the 2021 challenge in Kenya and recently the 2022 Challenge in Rwanda. This year it is expanding to South Africa, and introducing a pan-African health-focused stream. Top performing teams will receive up to $25,000 in either grant funding or equity investment and travel to Toronto, Canada for up to 4-months with all costs covered, to learn and expand their entrepreneurship network.
The target is to successfully kick-start innovations aligned with our selection criteria across the continent. We do this by providing the capital, resources and guidance necessary for early founders to begin from scratch and build viable solutions.
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