Nigeria, other startups to get funding

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The Nation Newspaper Nigeria, other startups to get funding

have announced the selection of 10 innovative, future-looking startups as part of the Africa Blue Wave and Regen Wave initiatives. Each startup is set to receive $55,000 in funding, to advance their solutions for the blue and green economy in Africa.

Recognizing the wealth of ideas and the potential of Africa’s young innovators, BFA Global, FSD Africa, and the IUCN launched the Africa Blue Wave and Regen Wave initiatives to unlock solutions for Africa’s blue and green economies. These Waves were implemented by TECA , an initiative of BFA Global, with support from OceanHub Africa and funding from FSD Africa and the Canadian Government.

The selected startups and the solutions they are developing include: ARK : facilitating new revenue streams for renewable energy projects by assisting them to enter the market and trade international renewable energy certificates; Eco Guardian : developing a digital device and service for environmental pollution monitoring; Khwezi Innovations : creating a biodegradable, 2-in-1, hand glove sanitizer; Mada Fia : utilizing Japanese techniques and establishing a marketplace for drying and smoking...

 

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