- Real startups are being created in Africa
- Africa has about 15% of the world's population
- DEMO Africa Alumni have raised over US$ 8 million in just a year
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.
DEMO Africa allows start-ups from all over Africa to meet VCs, investors, tech acquisition specialists, IT buyers and media from across the region and around the globe. The Start-ups are given an opportunity to launch their products to a tech eco-system under the following categories
Media and Entertainment
Transport and Logistics
Finance and Banking
Water and Sanitation
Waste Management and Recycling
In just two years of running, the DEMO African alumni have generated over $8 million in either investment, business or partnerships from the unique mix of positioning, opportunity (networking, fundraising), training and exposure that our launch pad offers.
This has been a real motivation and we are proud to participate in pushing technology in Africa to greater heights.
To receive our weekly newsletter that is packed with awesome startup and investment news and happenings, sign up below.
You may contact us for more information through the contacts below:
For General Information and Partnerships
Executive Producer, DEMO Africa
Office:+254 20 4041646
Mobile:+254 725 650044
For Sponsorships and partnerships:
Office:+254 20 4041646
The number of attendees to DEMO Africa 2013
Estimated investment and business value in DEMO Africa Startups
The number of minutes a demonstrator has to launch a product
The number of products to be launched at DEMO Africa