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AFRICA TECH WEEK 2022

The Fourth Industrial Revolution (4IR) is often seen as a way for Africa to skip a couple of the previous messy revolutions and step onto the stage alongside the rest of the First World.

Certainly, technology is taking off in parts of Africa, bringing inventive and inspired solutions to the continent’s unique problems.  But is this as great as it seems on the surface? Is Africa ready for this leap or will it create problems of its own?

Digital transformation needs the support of government, the private sector, entrepreneurs, investors and society as a whole. Without buy-in from all, there is a risk that technological advancement stalls, or benefits only a few and leads to a deeper divide between the rich and poor.

So while South Africa is doing ear surgery with 3D-printed bones, Kenya creates an innovative cellphone banking platform, Rwanda experiments with drones and electric cars, and the Congo rolls out an AI Research Center… what about the rest? As exciting as these projects are, many in Africa still lack access to clean water, electricity, good roads and healthcare. And many fear that AI and robotics will lead to further job losses on a continent already suffering from severe unemployment.

 

African governments need to draft policies and plans to make sure that the 4IR benefits all. They need to educate their people in using and creating new technologies. Coding, blockchain and robotics need to be covered in school curriculums.

Investors needs to find the golden opportunities, and trust that policies will protect their money. The general populous needs to develop trust in the “new”, and in the abilities of their own people to create and develop these novel and strange ideas in-house.

The Africa Tech Week conference is currently taking place in Cape Town, South Africa. As per their website, “it focuses on educating South Africa and other African countries on the challenges and opportunities to be gained by their drafting appropriate plans and policies for the 4th Industrial revolution.”

It will bring together the leaders, policymakers, bright sparks, investment companies and decision-makers who need to work together to ensure “tech in Africa” is a huge step forward for all. Africa Tech Week will also recognize and reward companies on the continent that have demonstrated excellence in the area of innovative product development.

Aspire Technologies will be attending. We’ll update you on what we see as the highlights in the next blog post.

And we are also proud to announce that both Aspire Solutions and Aspire owner and operations director, Mike Steyn are award finalists, for the AI Technology Award and Tech Leader of the Year Award respectively.

ASPIRE SOLUTIONS GROW 20

TERMS AND CONDITIONS

1. Who is eligible to enter the Grow 20 series competition?

The competition is open to tech startups that are registered and have been in operation for at least 1 year. Employees of Aspire solutions and their immediate family members are not eligible to participate in the Grow 20 series.

2. How can I enter the Grow 20 series competition?

To enter the competition, create a video about your business and submit it through the submission page on our website after completing the entry form. The video must not be longer than 5 minutes.

3. What should be included in the video submission?

  • The video must include an introduction to your startup.
  • Your core product or service.
  • Why do you believe your startup deserves to win?
  • What the money would do for your business.

4. When is the deadline for submissions/ the end of the competition?

The deadline for video submissions and the end of the competition is on 31st August, 2024.

5. How will the winner be selected?

The winner will be selected based on innovation and the potential impact of the cash injection on the startup. A panel of judges from Aspire Solutions will review all submissions.

6. When will the winner be announced?

The winner will be announced on 1st September on our social media platforms: Instagram and Linkedin.

7. What is the prize?

The winning startup will receive a cash injection of R20 000 and mentorship from Aspire Solutions.

8. Can I submit more than one video?

Each startup is limited to ONLY one video submission.

9. What format should the video be in?

The video should be in MP4 format and must not exceed 100mb in size.

10. How will my video be used?

By entering the competition, you agree that Aspire Solutions may use your video for promotional purposes on our website and social media channels.