Lagos (Nigeria) and Nairobi (Kenya), July 2018.
GIZ’s Make IT in Africa program and the Germany Chambers of Industry and Commerce (DIHK) have announced the 2nd Start.up! Germany Exposure tour for October 2018. Applications are sought from Nigerian, Kenyan, Ghanaian, and Tunisian Start-ups working on insurtech, smart city, and logistics/mobility solutions.
The 5-day guided tour of the German start-up ecosystem will include stops to Cologne, Dusseldorf, and the Ruhr region. The tour will also provide opportunities to explore some of Germany’s most promising start-up hotspots, connect with peers and talent, learn what drives Germany’s start-up segment, stay current with developments in the market, as well as meet potential customers, partners, and potential investors. Applying start-ups that are in the market validation phase are encouraged to apply, preference will be given to start-ups who have already successfully raised funding.
The Make IT in Africa program is implemented by the German Corporation for International Cooperation (GIZ) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as a part of the Digital Africa Initiative. The program is currently running two accelerator programs in Africa, one in Lagos and one in Nairobi. GreenTec as a member of the Make IT Alliance, and the premier German investor in African Start-ups, wants to share this opportunity to help promote international collaboration and improves the perception of Africa entrepreneurial capacity.
Applications are sought from start-ups that are working on insurtech, smart city, and logistics/mobility solutions, areas where exposure to the German ecosystem could be very instrumental in promoting knowledge transfer. Interested start-ups that are in the market validation phase are encouraged to apply, preference will be given to start-ups who have already successfully raised funding. Applicants should have a scalable business model with an international approach. Applications are due by the 26th of August, 2018.
Nigerian Start-ups interested in participating are encouraged to apply here.
Kenyan, Ghanaian, and Tusian start-ups can apply here.
Since our founding four years ago, we have seen the development and growth of a number of Africa – Germany focused initiatives that support the Africa startup ecosystem. GreenTec is actively supporting several European and African initiatives that promote the African start-up segment and we hope to motivate private and institutional investors to further promote these initiatives. Unfortunately, there is still a cultural bridge for local investors and actors to create similar initiatives, but we are convinced that initiatives, like Make IT in Africa, are providing an excellent template.