Demo Africa DEMO Africa is the place where the most innovative companies from African countries come to launch their products and announce to Africa and the world what they have developed.
PROGRAM DETAILS AND REQUIREMENTS
DEMO Africa is one of the flagship initiatives of LIONS@frica and aims to connect African startups to the global ecosystem. DEMO Africa is the place where the most innovative companies from African countries get a platform to launch their products and announce to Africa and the world what they have developed.
With real startups being created in Africa to develop real-world solutions, worthy of investment and global attention, The U.S. Department of State, in collaboration with Microsoft, DEMO, USAID, and Startup Weekend, launched the Liberalizing Innovation Opportunity Nations (LIONS@FRICA) Partnership. This was In recognition of Africa’s economic emergence.The public-private alliance is aimed at enhancing and deepening the startup and innovation ecosystems of targeted fast- growing African economies.
We invest in technological innovation because we understand the benefits of a vibrant technology ecosystem to a country. As Africa’s population becomes increasingly educated and affluent, the global business community is looking to capitalize on this increase in human and financial resources. There appears to be a new optimism for future economic prospects for Africa and hence a fresh interest in the technology sector, as highlighted by Intel Capital’s recent move: The potential for growth in the technology value chain is material, given that Africa has about 15% of the world’s population, but only about 2% personal computer users.
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SUPPORTING VENTURES IN THESE SECTORS
- Clean and Green Technology
- Communications / Media / ICT
- Distribution / Supply Chain
- Environment, Climate Change
- Peace and Security
- Web, SaaS, Online Tech
supporting ventures in these regions
- Subsaharan Africa
TYPES OF COMPANIES ACCEPTED
- For Profit