7 Thématiques, 1 Avenir : Le AfriLabs Annual Gathering 2025 prépare la Renaissance de l’Innovation Africaine
7 Thématiques, 1 Avenir : Le AfriLabs Annual Gathering 2025 prépare la Renaissance de l’Innovation Africaine Réservez votre place dès maintenant pour le plus grand événement de l’innovation en Afrique ! La 10e édition de l’AfriLabs Annual Gathering (AAG) se tiendra à Nairobi, au Kenya, du 7 au 9 octobre 2025—célébrant une décennie d’innovation et de croissance de l’écosystème à travers le continent. Placé sous le thème « L’Avenir de l’Innovation en Afrique : Politiques, Partenariats et Progrès », cet événement marquant promet des réflexions de pointe à ne pas manquer. Bien plus qu’une conférence, l’édition 2025 du Gathering propose une expérience soigneusement conçue pour approfondir les discussions et susciter des actions concrètes à travers sept thématiques clés mettant en lumière les besoins et opportunités les plus urgents du continent en matière d’innovation. Ces thématiques incluent : Politiques, Données & IA en Afrique, qui explorera comment l’élaboration de cadres réglementaires adaptatifs et l’innovation en matière de politiques autour des données et de l’intelligence artificielle peuvent stimuler la croissance socio-économique de l’Afrique. Investisseurs & Investissements, qui facilitera des échanges directs avec des investisseurs mobilisés pour catalyser des capitaux en faveur d’une croissance fondée sur l’innovation, avec un accent particulier sur l’impact local. Genre et Inclusion, qui traitera de l’innovation inclusive axée sur l’équité, l’accès et la représentation pour tous, indépendamment de leur groupe social. Solutions pour les Hubs, qui mettra en lumière comment renforcer la résilience des hubs d’innovation en matière d’échelle, de durabilité et de transformation systémique pour maintenir leur impact dans l’écosystème. Économie Verte et Bleue, qui se concentrera sur l’innovation pour une Afrique résiliente face au climat et régénérative grâce à la ClimateTech et à l’éco-innovation. Économie Numérique Créative, qui permettra aux participants d’explorer la monétisation de la culture et de la créativité africaines à l’ère numérique, ainsi que les enjeux éthiques de l’utilisation de l’IA dans la création. Makerspaces, qui mettront en avant l’ingéniosité locale et les façons dont le mouvement de fabrication locale en Afrique peut évoluer des prototypes vers des produits adoptés à l’échelle mondiale. Au-delà des thématiques, l’AAG 2025 proposera des panels de haut niveau, masterclasses, événements de réseautage et expositions interactives qui ne se contenteront pas de susciter des dialogues, mais jetteront aussi les bases de solutions pratiques. Les participants auront également la primeur d’annonces clés et de partenariats stratégiques visant à mondialiser l’innovation africaine tout en favorisant un développement inclusif et durable. « Cette édition du Gathering n’est pas qu’une célébration – c’est un engagement renouvelé à façonner l’avenir de l’innovation africaine par la collaboration et l’action », a déclaré Anna Ekeledo, Directrice Exécutive d’AfriLabs. « Chaque thématique représente une lentille à travers laquelle nous analyserons le passé, répondrons aux défis actuels et concevrons des solutions concrètes pour l’avenir. » Que vous soyez fondateur de startup, décideur politique, partenaire au développement, innovateur en entreprise, universitaire ou acteur de l’écosystème, l’AAG 2025 vous offre une opportunité inégalée de vous connecter, d’apprendre, de co-créer et de guider l’innovation en Afrique. Rejoignez-nous à Nairobi et participez au prochain chapitre de l’histoire de l’innovation africaine. N’attendez plus – réservez votre place dès maintenant sur : https://afrilabsgathering.com/tickets À propos d’AfriLabs AfriLabs est le plus grand réseau de hubs technologiques et d’innovation à travers l’Afrique, engagé à promouvoir une innovation inclusive, l’entrepreneuriat et un développement durable. Grâce à la communauté, au renforcement des capacités et à la collaboration, AfriLabs soutient les hubs locaux pour amplifier leur impact et façonner l’avenir de l’innovation sur le continent. Pour en savoir plus, visitez : www.afrilabsgathering.com et www.afrilabs.com Pour les demandes médias : pr@afrilabs.com | comms@afrilabs.com
7 Tracks, 1 Future: AfriLabs Annual Gathering 2025 Sets the Stage for Africa’s Innovation Renaissance
7 Tracks, 1 Future: AfriLabs Annual Gathering 2025 Sets the Stage for Africa’s Innovation Renaissance Secure your spot at Africa’s biggest innovation event! The 10th edition of the AfriLabs Annual Gathering (AAG) is heading to Nairobi, Kenya from 7th to 9th October 2025—celebrating a decade of innovation and ecosystem growth across the continent. With the theme “Africa’s Innovation Future: Policy, Partnerships, and Progress,” this milestone event promises cutting-edge insights you won’t want to miss. More than just a conference, the 2025 Gathering presents a curated experience designed to deepen conversations and spur real action through seven transformative tracks that spotlight the continent’s most urgent innovation needs and opportunities. These include Policy, Data & AI in Africa, which will explore how enabling adaptive regulatory frameworks and policy innovation in data and AI can spur Africa’s socio-economic growth. The Investor & Investment track will facilitate direct engagement with investors focused on catalyzing capital for Africa’s innovation-driven growth with an emphasis on local impact. Gender and Inclusion will explore inclusive innovation which is designed for equity, access, and representation for all irrespective of social group. The Hub Solution track will highlight how future-proofing innovation hubs in terms of scale, sustainability, and systems change can sustain impact in the ecosystem. The Green and Blue Economy track will focus on innovating for a climate-resilient and regenerative Africa through ClimateTech and Eco-Innovation. Through the Creative Digital Economy track participants will explore the monetization of Africa’s culture and creativity in the digital age and ethical questions regarding the use of AI in creativity. Meanwhile, the Makerspaces track will bring local ingenuity to the forefront, addressing ways Africa’s local manufacturing movement can evolve from prototypes to globally embraced products. Beyond the tracks, AAG 2025 will feature high-level panel discussions, masterclasses, networking events, and interactive exhibitions that not only spark dialogue but seed practical solutions. Participants will also be the first to witness key announcements and partnerships aimed at scaling African innovation globally and fostering inclusive, sustainable development. “This year’s Gathering is not just a celebration—it’s a recommitment to shaping Africa’s innovation future through collaboration and action,” said Anna Ekeledo, Executive Director at AfriLabs. “Each track is a lens through which we will examine the past, address today’s challenges, and design actionable pathways for the future.” Whether you’re a startup founder, policymaker, development partner, corporate innovator, academic, or ecosystem builder, AAG 2025 offers an unmatched opportunity to connect, learn, co-create, and lead. Join us in Nairobi and be part of the next chapter in Africa’s innovation story. Don’t wait—secure your spot today at https://afrilabsgathering.com/tickets. About AfriLabs AfriLabs is the largest network of technology and innovation hubs across Africa, committed to driving inclusive innovation, entrepreneurship, and sustainable development. Through community, capacity building, and collaboration, AfriLabs empowers local hubs to scale impact and shape the continent’s innovation future. For more information, visit www.afrilabsgathering.com and www.afrilabs.com. For media inquiries, contact: pr@afrilabs.com | comms@afrilabs.com
AU-EU Innovation Agenda – What This Means for the Continent and Why AfriLabs Is at the Centre of It All
AU-EU Innovation Agenda – What This Means for the Continent and Why AfriLabs Is at the Centre of It All On May 21st, 2025, African and European Ministers gathered in Brussels for the 3rd EU-AU Ministerial Meeting, marking 25 years of a strategic partnership aimed at deepening ties between the continents. While the event touched on several key areas of mutual interest like peace, energy, trade, and education, one statement stood out for the innovation community in Africa: “Ministers took note of the adoption of the AU-EU Innovation Agenda and encouraged researchers and innovators to continue driving their scientific discoveries and innovative solutions for the benefit of sustainable economies and societies.” — Joint Communiqué, Point 15 This single statement, though brief, carries enormous weight. It reaffirms innovation as a central pillar in Africa and Europe’s shared vision for the future and sets the tone for what could be a transformative shift in how innovation ecosystems across Africa are recognized, supported, and scaled. The AU-EU Innovation Agenda is a joint initiative between the African Union and the European Union that aims to foster research and innovation (R&I) in both regions, translating it into tangible socio-economic impact through products, services, businesses, and jobs. Launched in July 2023, the 10-year policy initiative is set to run through 2033. At AfriLabs, this is not just good news—it’s validation, an invitation to further scale our impact. We’ve long championed the power of innovation to reshape Africa’s development trajectory. As the largest network of over 500 innovation hubs across the 53 African countries, we are not only nurturing ideas but actively connecting grassroots innovation to policy and global opportunity. These hubs represent tens of thousands of startups, technologists, and changemakers who are solving real problems in climate resilience, inclusive finance, AI for education, and youth employment. In 2024 alone, AfriLabs community hubs supported over 280,000 innovators, contributing to the mobilization of tens of millions of dollars in early-stage investments across the continent. The AU-EU Innovation Agenda directly aligns with what we do daily: Strengthening research-to-impact pipelines Supporting early-stage and deep-tech innovators Promoting climate-smart and socially driven solutions Facilitating cross-continental collaboration And, crucially, acting as a bridge between African innovation ecosystems and global partners like the EU Innovation to us is a Diplomatic Priority. The inclusion of innovation at the ministerial level signals a policy shift—one where researchers, technologists, and entrepreneurs are not just problem-solvers but key development actors. It’s a clear message: Africa’s future will be built not only in government offices and boardrooms, but also in co-working spaces, tech labs, community hubs, and green innovation centers. What’s different now is that the political signal is stronger than ever. For the first time, African innovators are being formally acknowledged in joint policy declarations as essential contributors to sustainable development. This isn’t just a symbolic nod, it’s a structural shift. The future of Africa won’t be decided in isolation from its innovation ecosystems. It will be co-designed with them, in collaboration with institutions like AfriLabs. This moment also reinforces AfriLabs’ moonshot ambition: to catalyze a $1 trillion digital economy in Africa. This isn’t just a lofty target—it’s a continental imperative. By driving digital innovation across sectors, AfriLabs aims to tackle Africa’s most pressing social, economic, and environmental challenges while unlocking inclusive growth for all. From fintech to agri-tech, health innovation to climate solutions, the digital economy represents Africa’s next great leap and AfriLabs is building the infrastructure, partnerships, and policy environment to make it possible. What’s Next? Nairobi 2025 – Africa’s Innovation Future And as momentum builds from Brussels, all roads now lead to Nairobi, Kenya, where from October 7–9, 2025, AfriLabs will host the AfriLabs Annual Gathering 2025, themed Africa’s Innovation Future: Policy, Partnerships, and Progress. The Gathering will bring together policymakers, government leaders, development partners, researchers, hubs, entrepreneurs, investors, innovators and multilateral institutions to translate the AU-EU Innovation Agenda from a declaration into implementation. It’s where frameworks will meet funding, and bold ideas will find the support to scale across borders. The gathering will provide a platform to explore: How Africa can shape and implement innovation-friendly policies What strategic partnerships are needed to fuel innovation at scale How to measure real progress and inclusive impact across sectors This is the platform where the next phase of Africa’s innovation narrative will unfold with shared lessons, continental ambitions, and global partnerships. Whether it’s building AI governance frameworks, advancing the African Continental Free Trade Area (AfCFTA) through digital commerce, or boosting youth innovation, Nairobi 2025 will be a defining moment. And importantly, how African innovators can lead—not follow—on the global innovation stage. A Call to Innovators, Policymakers, and Partners The AU-EU Innovation Agenda is a blueprint—but we must bring it to life. AfriLabs is ready to lead, convene, and co-create the future of innovation on the continent. If you’re an innovator, we’re your community. If you’re a policymaker, we’re your ally. If you’re a partner, we’re your gateway to grassroots impact. Because Africa’s innovation future is not a possibility. It’s already unfolding and AfriLabs is proud to be at the heart of it. For more information about AfriLabs Annual Gathering 2025 please visit https://afrilabsgathering.com/ and to learn more about AfriLabs work visit www.afrilabs.com 📨 Get involved or collaborate by reaching out to: comms@afrilabs.com
Empowering Africa’s Future: Announcing the Intel Community Reach Program 2.0
Empowering Africa’s Future: Announcing the Intel Community Reach Program 2.0 Following the resounding success of the 2024 Intel Community Reach Program, Intel is thrilled to announce the launch of the 2nd Edition of the Community Reach Program. Building on last year’s momentum, this new edition invites innovators, entrepreneurs, and organizations across African Union member states to harness the power of AI and broadband connectivity to transform underserved communities. A Glimpse into Last Year’s Success In 2024, the Intel Community Reach Program received an overwhelming response, with 436 applications from 35 African countries. The selected seven groundbreaking projects spanned critical sectors such as education, healthcare, agriculture, and digital skills readiness. Notably, the program placed a special emphasis on women in technology—with 115 women-led applications and 30 outstanding women-led projects participating in the U.S. Department of State-sponsored Academy for Women Entrepreneurs (AWE). Among the standout projects were: SnooCODERED by Tinydavid Limited (Ghana): An AI-powered emergency healthcare logistics platform enhancing response efficiency. Urban Mobility Innovation by Global Light Services Africa (Côte d’Ivoire): Leveraging AI and IoT to power electric vehicles. SAVE & Pindo by EXUUS Ltd (Rwanda): Empowering rural communities with financial literacy training via Voice AI in Kinyarwanda. BESHTE by the University of Embu (Kenya): A chatbot raising awareness on HIV/AIDS and gender-based violence. Literacy Enhancement by Nyansapo Foundation (Kenya): Empowering teachers with AI tools to boost foundational literacy and numeracy. Maarifaeducation by Africa Edu Holdings: Establishing learning centers for vulnerable populations. Ghetto to Glory by Petabyte Esports Company Limited (Nigeria): A video gaming initiative inspiring underserved youth toward positive change. These projects not only exemplified innovative solutions but also underscored Intel’s commitment to fostering impactful change in Africa. Partnerships with key stakeholders, including Prosper Africa and Modus Africa VC, ensured these initiatives received the necessary support to scale and make a lasting community impact. What’s New in Community Reach Program 2.0? The 2nd Edition of the Intel Community Reach Program is designed to expand on the incredible achievements of last year. This new edition will continue to support projects that address critical challenges in sectors such as education, healthcare, agriculture, fintech, environmental services, and digital skills readiness—all empowered by AI and broadband connectivity. Key enhancements include: Expanded Support: Increased technical support, capacity building, and consultancy services to ensure selected projects achieve sustainable impact. Greater Inclusion: Continued focus on women-led initiatives and innovative ideas from diverse regions across Africa. Streamlined Application Process: A simplified and user-friendly digital application platform to make participation easier and more accessible. Why You Should Apply If you’re an organization, enterprise, startup, or institution committed to using technology to solve pressing social challenges, the Intel Community Reach Program 2.0 is your opportunity to make a significant impact. Whether your project is focused on transforming education, improving healthcare delivery, or empowering communities through digital innovation, Intel is here to support your vision every step of the way. Join a Community of Innovators By participating in the Intel Community Reach Program 2.0, you’ll join a vibrant network of innovators and thought leaders who are actively reshaping the future of Africa. Past participants have benefited from the program’s integration into broader initiatives, such as Intel® Liftoff for Startups and the Intel Skills for Innovation Program, ensuring long-term growth and success. Applications for the Intel Community Reach Program 2.0 are now open. We invite you to take this opportunity to showcase your innovative solution and drive digital transformation in your community. Visit our website for detailed eligibility criteria, application guidelines, and to submit your proposal. Apply Today Deadline: June 13th 2025 About Intel Intel (Nasdaq: INTC) is a global technology leader dedicated to transforming the way people live, work, and connect. Intel’s innovations, from AI to broadband connectivity, empower businesses and communities to overcome challenges and thrive in a digital world. Learn more at intel.com. About AfriLabs AfriLabs is a Pan-African network of over 500 innovation hubs across 53 African countries, committed to driving sustainable economic growth through innovation, technology, and entrepreneurship.
International Girls in ICT Day 2025
Girls in ICTs: Bridging ALL Divides for an Inclusive Digital Transformation Today, AfriLabs proudly joins the global community in commemorating International Girls in ICT Day 2025, under the theme: “Girls in ICTs: Bridging ALL Divides for an Inclusive Digital Transformation.” This global observance, established by the International Telecommunication Union (ITU), underscores the urgent need to empower more girls and young women to explore careers in information and communication technologies. It serves as a powerful reminder that bridging gender digital divides is not merely a matter of equity, but a foundational pillar for inclusive growth and innovation. As Africa continues its digital transformation journey, one truth becomes increasingly clear: we cannot afford to leave anyone behind—especially not half the population. Across the continent, girls still face numerous obstacles in accessing digital tools, quality STEM education, and opportunities in the tech sector. The gender digital divide is particularly stark in low-income regions, where access to the internet and digital skills training remains a privilege for a few. According to the ITU, in the least developed countries, only 19% of women are online compared to 86% of men in some regions. These statistics are more than numbers—they represent missed potential, lost voices, and opportunities unrealized. However, this narrative is shifting and AfriLabs is proud to be part of that change. Our network of over 500 innovation hubs across 53 African countries is playing a critical role in building inclusive ecosystems that actively encourage, train, and support young girls to thrive in the digital space. We have seen firsthand how targeted mentorship programs, community-driven coding bootcamps, and inclusive design practices are opening doors for thousands of young women across the continent. In these hubs, girls are not just learning how to use technology, they are becoming creators, problem-solvers, and entrepreneurs. Take, for instance, the story of Fatima, a 17-year-old from northern Nigeria who discovered her passion for artificial intelligence through a local hub affiliated with AfriLabs. With support from her mentors, she is now developing a mobile application that uses machine learning to help farmers detect crop diseases. Or Thandi from South Africa, who joined a robotics club as the only girl and is now leading it, training the next generation of girls in her community. These stories, among many others, illustrate what becomes possible when we invest in the potential of young women and create inclusive environments where they can thrive. The theme for this year—Bridging ALL Divides—calls for a comprehensive approach that goes beyond digital inclusion. It means dismantling the social, economic, cultural, and infrastructural barriers that prevent girls from entering and excelling in ICT fields. We need to ensure that girls not only gain access to digital tools but are also equipped with the confidence, mentorship, and resources to navigate and lead in the tech space. This calls for collective action. Governments must prioritize gender-responsive digital policies and education reforms. The private sector must build gender-inclusive career pathways and fund women-led innovations. And communities must encourage girls’ curiosity and ambition from an early age. At AfriLabs, inclusion is not an afterthought, it is central to how we build and grow Africa’s innovation ecosystem. We believe digital transformation must be shaped by everyone and for everyone. By equipping girls with the tools, knowledge, and support they need today, we are not only addressing inequality—we are laying the foundation for a more just, prosperous, and innovative Africa. As we mark this important day, let’s remember that girls in ICT are not just future professionals, they are the architects of tomorrow’s Africa. Their ideas, perspectives, and leadership are essential to shaping a digital future that works for all. Let us commit to bridging every divide, opening every door, and lighting every path. The future is digital, the future is female, and the future is now.
Intel Launches Second Edition of the Intel Community Reach Program to Bridge Africa’s Digital Divide and Foster AI Innovation
Intel Launches Second Edition of the Intel Community Reach Program to Bridge Africa’s Digital Divide and Foster AI Innovation Following the resounding success of its inaugural edition, Intel is pleased to announce the launch of the second edition of the Intel Community Reach Program (ICRP)—a transformative initiative aimed at driving digital inclusion and unlocking the power of Artificial Intelligence (AI) and broadband connectivity for underserved communities across Africa. With Africa’s internet penetration at just 38%—far below the global average of 68%—and a stark urban-rural digital divide, Intel CRP 2025 seeks for projects that can enable population in underserved areas (and or communities) in the member states of the African Union to have access to education including in STEM, healthcare, agriculture, environmental services, fintech solutions, or digital skills readiness; for financial, social and tech equity; using Artificial Intelligence (AI) – especially at the Edge with AI PC- and/or broadband connectivity. The program will identify impactful projects and allow them to get our technical, capacity building, and consultancy support. Intel invites organizations, enterprises, startups, SMEs, and institutions that are working towards alleviating social challenges using AI – especially at the Edge with AI PC and/or broadband connectivity to unlock Africa’s enormous digital landscape to apply. The program emphasizes women tech entrepreneurs, reinforcing Intel’s commitment to inclusive digital empowerment. Selected participants will receive technical support, capacity-building opportunities, and consultancy services, equipping them with the tools to scale their solutions and drive socio-economic impact. “At Intel, we believe in the transformative power of AI, which is improving every aspect of our lives across every industry. This program reaffirms Intel’s commitment to leverage the potential of AI to drive positive change in underserved African communities and beyond. We are excited about this opportunity to collaborate with AfriLabs to enhance access to STEM education and help foster innovation and advance technology for the betterment of society,” said Dr. Bienvenu Agbokponto Soglo, Director of Government Affairs Africa and Principal Engineer, at Intel Corporation. “The digital transformation of Africa is not just about connectivity—it’s about equipping people with the tools to innovate and create economic opportunities. Through the Intel Community Reach Program, we are enabling African entrepreneurs and innovators to harness the power of AI and broadband to drive real impact,” said Anna Ekeledo, Executive Director of AfriLabs. Interested organizations can submit their proposals [Here]. The deadline for the first round of applications is June 13, 2025. About Intel Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, Intel continuously advances the design and manufacturing of semiconductors to help address its customers’ greatest challenges. By embedding intelligence in the cloud, network, edge, and every kind of computing device, Intel unleashes the potential of data to transform business and society for the better. To learn more about Intel’s innovations, visit newsroom.intel.com and intel.com. About AfriLabs AfriLabs is a pan-African network of over 500 innovation hubs across 53 African countries, designed to drive sustainable economic growth across the continent through investment, innovation, technology, and entrepreneurship. To learn more about the program and AfriLabs’ participation, contact Goodness at goodness@afrilabs.com. For general information, visit www.afrilabs.com. For media inquiries, please contact pr@afrilabs.com and comms@afrilabs.com.
AfriLabs Secures $150,000 Unrestricted Donation from Airbnb Community Fund
AfriLabs Secures $150,000 Unrestricted Donation from Airbnb Community Fund AfriLabs, the largest pan-African network of innovation and technology hubs, is pleased to announce its approval for a generous donation of $150,000 from the Airbnb Community Fund. The Airbnb Community Fund is dedicated to supporting organizations that are making a tangible difference in key areas. These areas include environmental sustainability, economic empowerment, mental health, and the prevention of abuse and exploitation, all of which create meaningful impacts in local communities. By extending this donation to AfriLabs, Airbnb reinforces its belief in the transformative potential of innovation hubs to drive social and economic development on the continent. This unrestricted donation provides AfriLabs with the flexibility to channel funds where they are most needed, ensuring the organization’s continued ability to adapt to emerging challenges, foster collaboration, and scale its initiatives to support over 500 innovation hubs and thousands of entrepreneurs across 53 African countries. Anna Ekeledo, the Executive Director of AfriLabs, highlighted the importance of the partnership: “This generous donation from the Airbnb Community Fund is a testament to the power of collaboration and shared vision. With this funding, we can deepen our efforts to support innovation hubs that nurture entrepreneurs, accelerate solutions to pressing challenges, and drive sustainable impact across communities. Together, we are shaping an inclusive and innovative future for Africa.” AfriLabs’ partnership with Airbnb’s Community Fund underscores their shared commitment to being transformative forces for impactful change. Together, they serve as platforms for cultivating innovative solutions that address both local and global challenges. About AfriLabs: AfriLabs is a Pan-African network of over 500 innovation hubs across 53 African countries designed to drive sustainable economic growth across the continent through investment, innovation, technology, and entrepreneurship. About The Airbnb Community Fund: Created in 2020, the Airbnb Community Fund is a commitment to serve our stakeholders and give back in the places our Hosts call home. The Community Fund will distribute $100 million USD by the end of 2030 to strengthen communities around the world. We work closely with stakeholders, including Airbnb Hosts, to identify causes that are important to them and support organizations making a difference in those areas. These include issues like environmental sustainability, economic empowerment, mental health, and ending abuse and exploitation. For media inquiries, please contact pr@afrilabs.com & comms@afrilabs.com.
AfriLabs and MSwitch Partner to Unlock Global Remote Work Opportunities for African Talent
AfriLabs and MSwitch Partner to Unlock Global Remote Work Opportunities for African Talent Abuja, Nigeria – March 21, 2025 – In a move to accelerate digital employment opportunities for African talents, AfriLabs and MSwitch Creative Hub have signed a Memorandum of Understanding (MoU), formalizing their partnership at a press conference in Abuja, Nigeria, on March 21, 2025. Through this partnership, AfriLabs, the largest pan-African network of over 500 technology innovation hubs across 53 African countries and MSwitch Creative Hub, a key player in bridging the gap between African talent and global opportunities, will connect highly skilled African professionals with remote job placements, leveraging technology to ensure sustainable employment and economic empowerment. Expanding on this mission, AfriLabs has also entered a Memorandum of Understanding (MoU) with Cybersecurity INC USA to enhance recruitment, training, and job placements through their platform, Remoting.Work . In collaboration with MSwitch and Cybersecurity INC USA, the initiative is set to create 2,000 jobs immediately, scaling to 250,000+ jobs in 18 months across industries such as customer service, digital marketing, software development, cybersecurity, healthcare, and more. Speaking on the partnership, Ajibola Odukoya, Chief Operating Officer of AfriLabs, emphasized the significance of enabling Africans to participate in the global job market while remaining in their home countries: “Africa holds immense talent, yet many professionals leave the continent in search of opportunities elsewhere. At AfriLabs, we are tackling this challenge by bringing world-class opportunities directly to Africa. By enabling professionals to work remotely for international companies while staying in their local environments, we are fostering homegrown innovation and strengthening local economies. We are thrilled to announce that, in the pilot phase of this initiative, over 200,000 businesses have already signed up, with at least half a million jobs to be filled across the continent. Nigeria, as a leading tech hub, is a crucial starting point, and this is only the beginning—we are scaling across Africa.” As part of this initiative, MSwitch Creative Hub will take the lead role in providing critical infrastructure and training to ensure African talents are equipped with the necessary skills to excel in the global digital workforce. Fully equipped co-working spaces, 24/7 electricity, high-speed internet, and industry standard tools will be established to maximize productivity for remote professionals. Zainab Salami, Co-Founder and Executive Director of MSwitch Creative Hub, highlighted the partnership’s impact on tackling youth unemployment and positioning Africa as a global digital powerhouse: “With over 53% of young Nigerians between 15-24 either unemployed or underemployed, this initiative is a game-changer. By bridging the gap between talent and opportunity, we are not only addressing unemployment but also positioning Nigeria and Africa as a hub for digital and creative excellence. This initiative will attract global employers, provide structured training for African professionals, and create sustainable career pathways, ensuring that our continent remains competitive in the global digital economy.” The AfriLabs, MSwitch and Cybersecurity INC USA partnership, is redefining Africa’s participation in the digital economy. With international employers increasingly looking to Africa for tech talent, this initiative ensures that African professionals can thrive in remote work roles while contributing to their local economies. 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 MSwitch Creative Hub MSwitch Creative Hub is a subsidiary of MSwitch Group, dedicated to empowering young creatives and digital professionals by providing world-class training, job placements, and fully equipped co-working spaces. The organization is committed to bridging the gap between African talent and global opportunities through strategic partnerships and industry-driven initiatives.
AU Digital and Innovation Fellowship Capacity and Team Building Event in Addis Ababa
AU Digital and Innovation Fellowship Capacity and Team Building Event in Addis Ababa Addis Ababa, Ethiopia – March 17-19, 2025 – The African Union (AU), in collaboration with GIZ and AfriLabs, is proud to announce the Fellows Capacity Building and Team Building Event. This gathering will bring together Africa’s brightest digital innovators, empowering them with the skills, networks, and insights needed to drive the continent’s digital transformation. The AU Digital and Innovation Fellowship is a prestigious initiative designed to harness the potential of Africa’s leading innovators by embedding them within the AU’s organs, directorates, and departments. In alignment with the AU’s vision for continental growth and integration through digital transformation, the fellowship plays a pivotal role in advancing Agenda 2063. This event will immerse fellows in the AU’s structure, offering a comprehensive overview of the fellowship program along with clear expectations and deliverables. It is also a unique opportunity for fellows to engage directly with senior AU officials and key stakeholders, fostering an environment ripe for collaboration and innovative policy dialogue. Over the course of the three-day event, participants will build a deep understanding of the AU’s strategic priorities while developing the capacity to implement transformative digital solutions. The event will kick off with team-building activities and a guided city tour on the first day, setting the stage for the collaborative spirit that will define the gathering. The second day will feature introductory sessions on the AU, an in-depth overview of the fellowship program, and discussions centered on the vision of Agenda 2063 and the Digital Transformation Strategy for Africa. Sessions will delve into the critical role of digital innovation in driving economic growth, the development of robust innovation policies, and the enhancement of public service delivery through technology. The program will also include practical workshops on monitoring and evaluating digital initiatives, culminating in a networking dinner that offers additional opportunities for meaningful engagement. On the third day, the focus will shift to outlining the next steps for the fellowship, featuring reflective Q&A sessions, capacity building training, and concluding with a closing ceremony. Speaking on the significance of the upcoming event, Nanko Madu, Director of Programmes at AfriLabs, emphasized: “Africa’s digital transformation depends on fostering innovation-driven solutions that address key socio-economic challenges. Through this fellowship, we are empowering a new generation of African innovators with the tools, networks, and institutional knowledge needed to effect tangible change. This event marks a crucial step in building a robust digital ecosystem that will drive sustainable development and strengthen Africa’s global competitiveness.” The Fellows Capacity Building and Team Building Event is a strategic effort to not only build the capacity of Africa’s digital innovators but also to cultivate a dynamic network of professionals committed to accelerating the continent’s digital journey. By fostering dialogue on digital transformation and innovation policy, the initiative aims to reinforce Africa’s digital infrastructure and drive progress across both public and private sectors. 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 African Union The African Union (AU) is a continental body consisting of 55 member states representing the continent of Africa. Its vision is to achieve an integrated, prosperous, and peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena. For further details, please contact Chibudu Nyiro at chibudu@afrilabs.com or Funmilayo Caulcrick at funmilayo@afrilabs.com. For general information about the AU Digital and Innovation Fellowship Programme, please visit www.auinnovationfellowship.com. For media inquiries, please contact pr@afrilabs.com & comms@afrilabs.com
Venture Capital Investment Trends in Africa: 2024 Recap and 2025 Projections
Venture Capital Investment Trends in Africa: 2024 Recap and 2025 Projections 2024: A Year of Challenges Venture capital funding in Africa experienced a significant downturn in 2024, reflecting broader global economic challenges. Here are the key insights regarding the state of VC funding in Africa for 2024: Overall Funding Trends Total VC Funding: In 2024, venture capital funding in Africa dropped to $2.2 billion, marking a 25% decrease from 2023 and a staggering 53% decline from 2022. This decline is attributed to various factors, including rising interest rates and a tightening global economic environment. Regional Distribution: The “Big Four” countries—Kenya, Nigeria, Egypt, and South Africa—accounted for 84% of total funding. East Africa emerged as the leading region. Revisit our trends outlook for 2024 if you missed it HERE. Regional Breakdown of Funding Region Funding Amount East Africa $725 million West Africa $587 million North Africa $478 million South Africa $397 million Sector Focus The primary sectors attracting investment included: Fintech: 35% of total investments. Consumer Goods: 16%. Industry: 15%. Notably, there was a shift towards emerging sectors such as AI, climate tech, and renewable energy, which collectively accounted for a significant portion of the investments. Investment Strategies Venture Debt Growth: Startups increasingly turned to venture debt as an alternative financing method, raising approximately $755 million by October 2024, up from $633 million in 2023. The median deal value for venture debt rose to $9.5 million, indicating a growing preference for non-dilutive capital. Despite the overall downturn, some startups managed to secure substantial investments, with notable rounds including Tyme Group’s $250 million, MNT-Halan’s $157.5 million, and Moniepoint’s $110 million. Challenges Facing VC Funding The decline in funding can be attributed to several challenges: A decrease in international investor interest. Regulatory hurdles across various regions. A high-interest-rate environment that has made traditional equity funding less accessible. In summary, while venture capital funding in Africa faced significant challenges in 2024, there are signs of resilience as startups adapt through alternative funding strategies and sector diversification. The focus on fintech and emerging technologies suggests potential growth areas for future investment despite the current downturn. 2025: A Year of Recovery and Growth The outlook for venture capital (VC) investment in Africa for 2025 appears cautiously optimistic, despite the challenges faced in 2024. Here are the key insights regarding the anticipated VC landscape: Economic Growth Projections The African Development Bank projects that Africa’s real GDP growth will average between 3.8% and 4.2% in 2024 and 2025, respectively, which is favorable compared to global averages of 2.9% and 3.2% during the same period. This economic growth may enhance investor confidence and stimulate VC activity. Recovery from Declines After a significant decline in 2024, where Africa saw a 44% drop in VC funding, totaling around $1.1 billion across 294 deals, there is optimism for recovery in 2025. The expectation is that international investors will return to the market, driven by improved geopolitical stability and macroeconomic conditions. Sector Focus Key sectors likely to attract investment include: Renewable Energy Technology Financial Services These sectors are expected to draw healthy investor interest as companies scale up projects and establish stronger market presences. Increased Local Engagement There is a growing trend for local investors to engage more actively in VC funding, recognizing the potential for high returns. This shift is crucial as local participation can help build a robust startup ecosystem. Corporations are also encouraged to allocate capital towards startups, similar to models seen in other regions like Singapore. Challenges Ahead Despite the positive outlook, several structural challenges remain: Fragmented regulatory frameworks. An underdeveloped financial sector. Inadequate infrastructure. High levels of unsustainable debt. Addressing these issues will be vital for creating a conducive environment for investment and growth. Conclusion Overall, while the VC landscape in Africa faces hurdles, the combination of projected economic growth, increased local investor engagement, and a focus on promising sectors suggests a potential rebound in VC investment activity in 2025. The success of this recovery will depend on navigating existing challenges and fostering a supportive ecosystem for startups. Citations [1] https://knowledge.insead.edu/entrepreneurship/how-africa-can-embrace-venture-capital [2] https://dabafinance.com/en/insights/african-startups-raised-2b-in-2024-here-are-the-15-largest-rounds [3] https://magnitt.com/news/Africa’s-Venture-Capital-Landscape-Key-Insights-from-the-First-9-Months-of-2024-53969 [4] https://www.launchafrica.vc/news/leading-the-charge-with-12-investments-in-h1-2024 [5] https://www.avca.africa/media/kajfuscs/avca_q2_2024_quarterly_report_venture_capital.pdf [6] https://magnitt.com/research/h1-2024-africa-venture-investment-premium-report-50949 [7] https://www.cnbcafrica.com/media/6366961240112/venture-capital-shrinks-by-41-to-hit-91bn-in-2024/ [8] https://www.omfif.org/2025/01/outlook-2025-crucial-bridge-year-for-africa-to-lead-on-the-global-stage/ [9] https://www.statista.com/outlook/fmo/capital-raising/traditional-capital-raising/venture-capital/south-africa [10] https://www.linkedin.com/pulse/afts-rolls-out-africas-fintech-investment-outlook-yprrf [11] https://www.investonline.co.za/investonline-2025-market-outlook/ [12] https://ninetyone.com/en/south-africa/newsroom/macroscope-2025-macro-outlook-foundations-of-a-global-recovery [13] https://ihub.co.ke/around-investment-2024-in-review-outlook-on-2025-and-beyond/