By Abdul Rahman Suagibu –
NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Africa CEO Forum 2020, will promote the continent’s start-ups in a momentous first-order stretch this year. According to a declaration earned from Business Insider SSA on February 24th, 2020, the forum’s objective is to plop the continent’s extensively favorable disrupters in the limelight and improve meet and greets with important Chief Executive Officer (CEOs) who could enable to precipitate their development.
From Cape Town to Dakar, to Lagos, Nairobi, Casablanca, and Cairo, the African tech ecosystem is astounding the continent’s growth prototypes. Thereupon, putting forward a record-breaking $2.02 billion in the capital in 2019 (234 start-ups via 250 funding rounds, exemplifying a 74% year-on-year increase according to Partech Africa), the continent’s unicorns continue to find blessing with investors.
“favor African start-ups have reached a new level of reached. Now that they’ve become essential and indispensable, they’re taking a seat at the table of top African executives to actively participate in the continent’s economic transformation,” Samir Abdelkrim – founder of Emerging Valley and author of Startup Lions: Au coeur de l’African Tech. Noted.
Portraying areas cue to the continent’s advancement, that of health, solar energy, e-commerce, fintech, logistics, digital, food and telecoms, over twenty start-ups – including Twiga Foods, Kobo360, Flutterwave Technology Solutions, 54 gene, Element, Paystack, Africa’s Talking, and Ringier (ROAM) – will come together at the forum.
“From all four corners of Africa, these unicorns with continental ambitions, who together managed to raise a total of almost $600m over the past two years, will have the opportunity to showcase their respective expertise and business plans through a meet and greet session featuring influential CEOs and investors.
“In parallel, a brand-new kind of session focused on sectoral outlook will give four African start-up entrepreneurs the chance to share their vision of the future of their sector through dynamic ten-minute presentations,” the statement added. Six start-ups nominated for innovation in fintech award.
Six major start-ups at the forefront of innovation in fintech (Flutterwave Technology Solutions), health (54gene), solar energy (Fonroche Lighting and Daystar Power Group), financial inclusion (Baobab+) and e-commerce (Ringier One Africa Media) are in for the Disrupter of the Year award.
The prestigious award will be bestowed during the AFRICA CEO FORUM AWARDS ceremony.
The judging panel is made up of African tech experts and CEOs from influential companies, including Samir Abdelkrim, founder of Emerging Valley, Elisabeth Moreno, Managing Director of HP Africa; Elisabeth Medou–Badang, Senior Vice President and Spokesperson of Orange Middle East and Africa; Mohammed Dewji, CEO & President of MeTL; and Ife Oyedele II, the co-founder of Kobo 360, and previous recipient of the Disrupter of the Year award.
For New Africa Business News (NABN) Abdul Rahman Suagibu Reports, Africa Correspondent
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