AfriLabs, the largest network of technology and innovation hubs in Africa, has signed a Memorandum of Understanding (MOU) with the Korea-Africa Foundation (KAF). This strategic partnership marks a significant leap forward in AfriLabs’ mission to drive innovation and economic growth across the continent.

The collaboration aims to bridge the gap between Korean and African startups by leveraging each other’s expertise and resources. This will be achieved through the exchange of insights on youth development, the launch of joint research initiatives, and the fostering of a dynamic ecosystem that cultivates talent and entrepreneurial spirit in both regions.

Anna Ekeledo, Executive Director of AfriLabs, expressed her excitement about the partnership,  “At AfriLabs, we are dedicated to unlocking Africa’s full potential and generating wealth through strategic alliances. This partnership with the Korea-Africa Foundation unlocks a treasure trove of opportunities for startups, granting them access to a global network, invaluable resources, and unparalleled industry knowledge. Together, we will empower the next generation of African innovators and entrepreneurs, paving the way for sustainable development and a thriving economy.”

This partnership is a testament to the power of strategic alliances in driving positive change and economic growth. As AfriLabs and the Korea-Africa Foundation embark on this exciting journey, they invite stakeholders, investors, and innovators to join them in shaping a brighter future for Africa and beyond.

About AfriLabs

AfriLabs is the largest network of technology and innovation hubs across Africa, driving the growth of Africa’s innovation ecosystem. With a mission to support the development of the African technology and innovation ecosystem, AfriLabs connects hubs and other stakeholders to facilitate collaboration, resource sharing, and knowledge transfer.

About Korea-Africa Foundation

KAF aims to serve as a platform for collaboration between the private and public sectors, strengthen exchange and cooperation with African countries and enhance mutual understanding so that Korean youth, businesses and organizations can explore a new dimension of possibilities together with the African continent that is dynamically unfolding its boundless potential.

For media inquiries, please contact pr@afrilabs.com  & comms@afrilabs.com.  For more information about AfriLabs and its programs, please visit www.afrilabs.com.