• Latest
  • Trending
  • All
  • Startups
  • Funding
  • Sponsored
SADC innovation - techbuild

FinMark Trust and HYBR announce the SADC Innovation and Investment Challenge Virtual Demo Day

1 week ago
incubme1

Algerian Incubator IncubMe expands across Africa

8 hours ago
Deya

Angolan Crowdfunding Startup, Deya raises Pre-Seed Funding

17 hours ago
Founder Institute
Diool - techbuild

Diool secures $3.5 million in Funding to scale Operations

20 hours ago
Apple Entrepreneur Camp - techbuild

Apple Entrepreneur Camp 2021 opens for Female Founders and Developers

20 hours ago
Envisionit Deep AI - techbuild

‘Our vision is to democratize diagnostic healthcare for Africa’ – Jaishree Naidoo, CEO of Envisionit Deep AI

1 day ago
DEMS Volunteers - techbuild

DEMS Volunteers Network urges Pantami to review suspension of SIM card activation

1 day ago
Termii - techbuild

Termii, a Nigerian CPaaS Startup receives Investment from Future Africa

2 days ago
Kumasi Hive - techbuild

Digital Artist? Register for Kumasi Hive’s Creative Enterprise Program

2 days ago
101 jpg 1 2 1

LakeHub is decentralizing Access to Technology and promoting Youth Entrepreneurship in Kenya

2 days ago
Seed transformation program - techbuild

Apply: Stanford Seed Transformation Program 2021 for African Founders/CEOs

2 days ago
Telecoming - techbuild

Telecoming partners Ounousa to distribute North African Women’s Digital Content

2 days ago
5G - techbuild

Why Telcos should prioritize Efficiency and Sustainability in 5G Networks

2 days ago
Founder Institute Founder Institute Founder Institute
  • Home
  • About
  • Partners
  • Advertise
  • Contact
  • Signup to receive updates
  • en English
    en Englishfr Frenchar Arabicsw Swahilipt Portuguesede Germanes Spanishzh-CN Chinese (Simplified)
Innovation | Startups | Funding | Tech Blog in Africa
Advertisement
  • Home
  • Startups
  • Hubs
  • Funding
  • Women Tech
  • Interviews
  • Blockchain
  • Forum
No Result
View All Result
  • Home
  • Startups
  • Hubs
  • Funding
  • Women Tech
  • Interviews
  • Blockchain
  • Forum
No Result
View All Result
Innovation | Startups | Funding | Tech Blog in Africa
No Result
View All Result
Home General

FinMark Trust and HYBR announce the SADC Innovation and Investment Challenge Virtual Demo Day

TechBuild.Africa by TechBuild.Africa
18th February 2021
in General
SADC innovation - techbuild

In the era of digitally-enabled payments and the challenges created by the COVID-19 pandemic, the role that innovators can play in solving real economic challenges identified in vulnerable communities can not be overlooked.

The SADC innovation challenge which has been designed to discover and incubate promising start-ups working on solutions that impact financial inclusion in the SADC region, sponsored by Finmark Trust and curated by HYBR Group.

The event will be an opportunity for these pre-seed ventures to present their digital solutions to an audience of investors, corporate partners, government, the media as well as other interested members of the general public.

The Virtual Demo Day will be live broadcast on Thursday February 25, will mark the culmination of a multi-stage year-long innovation challenge which started in February 2020; 24 start-ups from 7 countries completed the initial phase with 8-10 teams selected per country. And eventually, four winners (one in each of thematic areas of financial inclusion) emerged from this process.

Over the course of the challenge, young innovators from Botswana, Lesotho, Malawi, Mozambique, South Africa, Tanzania, Zambia were tasked with developing innovations that addressed four key challenges; namely SMME Financing, Digital Financial Identity, Women and Savings, and Access to Basic Services.

These challenges represent practical community problems and participants were encouraged to leverage data and data analytics to design scalable solutions.

Speaking about the intentions of creating the challenge, Dumisani Dube, Head of Innovation at FinMark Trust explained that:

“The SADC Innovation and Investment Challenge was designed to support local innovative entrepreneurs within the SADC region to build relevant solutions to financial inclusion challenges identified through our research as work as FMT.”

Three ventures prepared to showcase their innovative, digital solutions at the Virtual Demo Day as part of the #SADCInnovation and Investment Challenge.

The three ventures represents diverse sectors within the area of financial inclusion:

Digital Diamond based out of Botswana provides a RegTech solution aimed at addressing problematic issues delaying the KYC process for institutions.

MoneyChaps provides peer to peer lending services that provide higher value for receivers while increasing ROI for lenders.

PhemaAgri provides end to end services for farmers in Tanzania in an effort to de-risk the value chains.

Speaking about his experience as part of the innovation challenge, Botswana-based founder of Moneychaps, Thabiso Mabaka, said:

“SADC innovation challenge has been an eye opener in many aspects. It has really helped me to think more deeply about my idea as I build it into a fully fledged solution and business. From here there is no turning back, I am more energized and confident.”

The final events of the Innovation challenge will include a Corporate Innovation Session, to hold on February, Tuesday 23 at 3pm SAST, as well as the Virtual Demo Day, on February, Thursday 25, from 4pm SAST.

More details on the SADC innovation challenge can be found here.

About Finmark Trust

FinMark Trust is an independent non-profit trust with the purpose of Making financial markets work for the poor, by promoting financial inclusion and regional financial integration. We pursue our core objective of making financial markets work for the poor through two principal programmes.

The first happens through the creation and analysis of financial services demand side data to provide in-depth insights on both served and unserved consumers across the developing world. The second is through systematic financial sector inclusion and deepening programmes to overcome regulatory, supplier, and other market level barriers hampering the effective provision of services.

About HYBR

HYBR is a Pan African Innovation advisory firm and a growth platform for African impact scale-ups. We work with entrepreneurs, multinational corporations, governments, non-profits, academia and investors to scale solutions.

We scale good and beautiful solutions that solve big problems and drive sustainable impact (people, profit and planet). We focus on diverse sectors to improve access to food, education, healthcare, finance and infrastructure for millions of underserved communities in Africa.

We leverage the intersection of technology, business and humanities to solve problems aligned to Africa’s future and the global Sustainable Development Goals (SDGs).


Don’t miss important articles during the week. Subscribe to techbuild.africa weekly digest for updates.

Related Posts

DEMS Volunteers - techbuild
General

DEMS Volunteers Network urges Pantami to review suspension of SIM card activation

1 day ago
Telecoming - techbuild
General

Telecoming partners Ounousa to distribute North African Women’s Digital Content

2 days ago
5G - techbuild
General

Why Telcos should prioritize Efficiency and Sustainability in 5G Networks

2 days ago
defy
General

Defy opens Applications for African Innovators

3 days ago

SIGNUP FOR UPDATES

RECENT

  • Algerian Incubator IncubMe expands across Africa
  • Angolan Crowdfunding Startup, Deya raises Pre-Seed Funding
  • Diool secures $3.5 million in Funding to scale Operations
  • Apple Entrepreneur Camp 2021 opens for Female Founders and Developers
  • ‘Our vision is to democratize diagnostic healthcare for Africa’ – Jaishree Naidoo, CEO of Envisionit Deep AI

PREVIOUS

Join Founder Institute Join Founder Institute Join Founder Institute
ADVERTISEMENT
Innovation | Startups | Funding | Tech Blog in Africa

© 2013-2021 techbuild.africa. All Rights Reserved.

  • About
  • Contact
  • WE-Forum
  • Blockchain
  • Privacy
  • Sitemap
  • Terms

Follow us

No Result
View All Result
  • Home
  • Startups
  • Hubs
  • Funding
  • Women Tech
  • Interviews
  • Blockchain
  • Forum

© 2013-2021 techbuild.africa. All Rights Reserved.

en English
en Englishfr Frenchar Arabicsw Swahilipt Portuguesede Germanes Spanishzh-CN Chinese (Simplified)
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.