Listen to this article
DEMO Africa announced Morocco as the host country for the 2018 and 2019 editions following North Africa’s incremental progress in the startup ecosystem.
The technology Launchpad has traversed through Eastern, Western, and Southern Africa over the last six years as it is uniquely structured for African technologies.
“The DEMO Africa conference has launched leading African technologies while showcasing the continent’s evolving entrepreneurial ecosystems and startups. As codified within our conference charter, we are heading to Northern Africa for the 2018 and 2019 editions of the annual event, and we are excited to announce Morocco as our host country” remarked Harry Hare, Executive Director of DEMO Africa.
DEMO Africa connects African startups to the global ecosystem, and allows the most innovative companies to launch their technology products to diverse audiences filled with innovation stakeholders and heading to Morocco for the next two years will not only enhance but deepen the startup and innovation ecosystems of targeted fast growing African economies.
“We are quite thrilled to witness the incremental progress around the North African entrepreneurial ecosystem, particularly Morocco, and we are quite grateful for the support of some remarkable local partners to ensure that the next two editions of DEMO Africa do an effective job of globalizing the regional ecosystem” commented Stephen Ozoigbo, Managing Partner of the Lions@frica initiative.
Over the last six editions of DEMO Africa, about 205 African startups have presented their uniquely African technology solutions to much fanfare, and the summit has successfully positioned some of the startups to receive over $50 million (USD) in aggregate funding over the same period.
As a precursor to the main event, the DEMO Africa Boomcamp provides African startups with capacity building and training in venture creation, opportunities for connectivity to global innovation grids, access to capital, opportunities for further partnership expansion, and promoting best practices and successes in African-led innovation solutions.
After six successful runs, DEMO Africa is heading to Morocco to continue its world-class reputation for consistently identifying new bankable technology startups. The startups that will launch at DEMO Africa in Morocco over the next two years will go through a rigorous selection process followed by a mentorship program meant to accelerate their readiness for market and investment.