Economy

Irish Tech Challenge 2024 Launch Ignites Innovation in South Africa

The Irish Tech Challenge 2024 was officially launched today by Irish Government Minister, Darragh O’Brien T.D., as part of a visit to South Africa to mark St Patrick’s Day. The Irish Tech Challenge South Africa, which seeks to foster partnerships between South African and Irish start-ups, is a partnership between the Embassy of Ireland in South Africa, the Department of Science and Innovation (DSI), the Technology Innovation Agency, along with implementing partners, Wits University’s Tshimologong Digital Precinct (South Africa) and Dogpatch Labs in Ireland.

Speaking at the launch which took place at Wits’ University’s Tshimologong Digital Innovation Precinct in Braamfontein, Ireland’s Minister for Housing, Local Government and Heritage, Darragh O’Brien T.D said:

“I am delighted to officially launch this year’s Irish Tech Challenge and to announce the expansion of the programme with an increase in the number of entrepreneurs to take part. Ireland is committed to deepening trade and investment relations with South Africa. This includes the promotion of entrepreneurship among women and young people from backgrounds of historical disadvantage. Our partnership with the South African government on the Irish Tech Challenge reminds us of the crucial role of technology and innovation in achieving the Sustainable Development Goals and inclusive economic growth.”

 

Building on the success of previous editions, the 2024 Tech Challenge aims to accelerate the growth of South African-owned, tech startups aligning with the United Nations Sustainable Development Goals (SDGs). Companies in clean and green technology, healthcare, education, and water sanitation and hygiene are particularly encouraged to apply, as part of the Tech Challenge’s aim to address pressing global challenges while promoting economic development and job creation in South Africa. The 2024 Tech Challenge will see an expansion with an increase of the number of winners to seven.

The selected seven startups will receive a range of benefits, including €10,000 each in grant funding, a curated 10-day trip to Ireland to access global customers and partners, Ireland’s top tech expertise and business acceleration, and increased visibility through support from both Irish and South African governments. Hesus Inoma, the Dogpatch Labs EIR comments:

“The Irish Tech Challenge offers more than a prize. It offers entrepreneurs the opportunity to catapult their business from the vibrant South African Ecosystem to a leading EU Tech Hub representing a leap towards international recognition and footprint.”

 

Minister O’Brien was welcomed at Tshimologong by Prof Zeblon Vilakazi, the Vice Chancellor of Wits University, who reaffirmed the university’s dedication to fostering innovation and entrepreneurship. Prof Vilakazi emphasised the pivotal role of Tshimologong Precinct in nurturing startups, positioning it as a key contributor to their growth and development. Wits University is committed to supporting the vibrant entrepreneurial ecosystem, exemplified by its active participation and coordination in initiatives like the Tech Challenge, which greatly benefits the startup community.

The launch event emphasised the importance of collaboration between governments, academia, and the private sector in driving innovation and economic growth. It highlighted the role of initiatives like the Irish Tech Challenge in creating a conducive environment for startups to thrive and succeed.

Chief Director for Overseas Bilateral Cooperation at the Department of Science and Innovation (DSI), Ms Anneline Morgan, welcomed the 2024 instalment of the Irish Tech Challenge, expressing South Africa’s commitment to bilateral relations with Ireland on science and innovation.

“This initiative underscores the two countries’ commitment to fostering innovation and driving technological advancement. Programmes like this provide a platform for aspiring technologists and entrepreneurs to showcase their talent, collaborate on groundbreaking projects, and contribute to the growth of tech ecosystems in both countries,” said Ms Morgan.

“By nurturing a culture of innovation and entrepreneurship, we are empowering the next generation of leaders to drive economic growth and address the socio-economic challenges of the country through science and innovation. South Africa’s Decadal Plan on Science, Technology, and Innovation (STI) typically sets out strategic priorities, goals, and initiatives for advancing STI over a ten-year period. These plans are designed to complement and support the objectives outlined in the National Development Plan.

The DSI encourages all participants to seize this opportunity, embrace the spirit of collaboration, and unleash their potential to shape a brighter future for the two countries and beyond,” said Ms Morgan.

In line with its commitment to diversity and inclusivity, the Irish Tech Challenge South Africa encourages applications from women, young entrepreneurs, and historically disadvantaged communities. By providing a platform for underrepresented groups to showcase their innovations, the challenge aims to create a more inclusive and equitable tech ecosystem.

As the Irish Tech Challenge 2024 sets off on its journey, it marks a new phase of innovation and collaboration in South Africa. With a focus on sustainability, social impact, and economic development, the challenge promises to catalyse positive change and work towards a brighter future.

Leave a Comment

Your email address will not be published.

You may also like

Announcements Business Economy

Ethnos Hosts FinTech Association of Nigeria for Collaborative Discussions on Cybersecurity

post-image

 

Ethnos, a leading cybersecurity firm based in Lagos, recently welcomed the esteemed members of the FinTech Association of Nigeria to their premises for a collaborative meeting aimed at enhancing cybersecurity measures within the financial technology sector.

The event provided an invaluable platform for industry stakeholders to engage in insightful discussions on the evolving landscape of cybersecurity in Nigeria’s burgeoning fintech industry. Led by Peter Ejiofor, the CEO of Ethnos, the gathering underscored the importance of fostering strong partnerships to fortify cybersecurity frameworks and mitigate emerging threats.

Expressing gratitude to the FinTech Association of Nigeria for their visit, Peter Ejiofor remarked, “Thank you to the FinTech Association of Nigeria for stopping by at our office. It was a pleasure hosting such esteemed professionals, and we are committed to fostering positive progress and achievements in our collaborative efforts moving forward.”

The meeting exemplified Ethnos’ dedication to promoting cybersecurity excellence and its commitment to supporting…

Read More
Business Economy Technology Technology Trends Telecoms

Africa Data Centres debuts ADC Channel programme

post-image

The primary goal of ADC Channel is to foster collaboration among partners within the ISP, Carrier, Telecommunications, Systems Integration, ICT and Data Centre providers; Channel Partners will have additional product offerings to add to their current portfolio and in turn generate new revenue streams; The programme offers partners easy access to data centre experts and will provide ongoing commercial and technical support.

Africa Data Centres, a division of the Cassava Technologies group, is excited to announce the launch of its exclusive channel partner programme, ADC Channel. This programme is designed to establish colocation and ecosystem partnerships, empowering members to expand their product portfolio & offerings alongside their market presence including an expanded data centre footprint.

ADC Channel presents a unique opportunity for global carriers, Internet Service Providers (ISPs), system integrators, Data Centres, Mobile Network, Content Developer, telecommunications companies, network infrastructure operators, hyperscalers and others to deliver state-of-the-art, sustainable and cost-effective digital solutions to…

Read More
Business

Chinenye Anuforo Honored with MTN Nigeria Foundation Chairman’s Award for Outstanding Reportage

post-image

 

Chinenye Anuforo, a distinguished journalist with The Sun Newspapers, has been recognized with the prestigious MTN Nigeria Foundation Chairman’s Award for Innovative Reportage. The award ceremony took place during the School of Media and Communication’s (SMC) graduation ceremony for the MTN Media Innovation Program (MIP-2).

Presented by Mrs. Odunayo Sanya, the Executive Director and Board Member of MTN Foundation, along with a cash prize, the award acknowledges Chinenye’s exceptional report on the MTN Foundation Y’ellopreneur initiative. This initiative focuses on empowering women entrepreneurs by providing essential tools such as training, funding, and mentorship.No alt text provided for this image

Chinenye’s report highlighted the significant impact of the Y’ellopreneur initiative on women’s entrepreneurial aspirations in Nigeria. Her insightful exploration of the program’s contributions earned her this esteemed recognition.

Expressing her gratitude, Chinenye Anuforo stated, “I am pleased to receive the MTN Foundation Chairman’s…

Read More
Business Economy Environment Society Tourism Travels

Transcorp Hotel Expands to Lagos with Ambitious Project

post-image

 

Transcorp Hotels Plc, under the leadership of Tony Elumelu, is set to establish its presence in Lagos with the construction of the Transcorp Hotel Ikoyi Lagos. The upcoming 20-story property, slated for completion in 2027, aims to offer 315 rooms, positioning itself as a formidable competitor to industry giants like Marriott and Sheraton.

The project, which faced delays in its development, has now resumed construction after overcoming various challenges. With 90% of the company’s current revenue stemming from its Abuja property, known as Transcorp Abuja, the Lagos venture marks a strategic move to diversify earnings and expand its footprint in the hospitality sector.

Dupe Olusola, the Managing Director and Chief Executive Officer of Transcorp Hotels Plc, emphasized the significance of the Lagos expansion, highlighting its potential to drive revenue growth and enhance the firm’s position in the hospitality market. Financing options, including equity…

Read More
Business Economy Events Technology Technology Trends

Hanson Johnson of Start Innovation Hub Propels Akwa Ibom’s Transformation into an ICT Hub

post-image

 

In a pivotal move aimed at reshaping the economic landscape of Akwa Ibom State, Hanson Johnson, the Founder/CEO of Start Innovation Hub and a prominent figure in the digital ecosystem, has unveiled plans for the Akwa Ibom Tech Week. This initiative marks a significant step towards transitioning the state from its reliance on oil and agriculture to becoming a thriving center for Information and Communication Technology (ICT).No alt text provided for this image

During a recent address, Johnson articulated his vision for the region, stating, “There’s been extensive deliberation within closed circles regarding our shared ambition to transform Africa into a hub for living, working, and creating opportunities, starting right here in Akwa Ibom State 😜. Out of these discussions emerged Akwa Ibom Tech Week and numerous other initiatives, including the Ibom Innovation Network, designed to foster collaboration among innovators.”

Expressing his…

Read More
Business Culture Education

Anambra Governor Lauds State School Girls for National ICT Victory

post-image

 

Chukwuma Soludo, Governor of Anambra State, celebrated the remarkable achievement of three girls from a state school who brought honor to Anambra by securing a national laurel. This accolade comes shortly after another public school, CKC, garnered laurels in the United States.

Governor Soludo conveyed his heartfelt congratulations to Immaculate Ebube Ikegwuonu, Camilla Anyadike, and Nweke-Nonso Oluchi from St. John Vianney Science College, Igbariam, Anambra East LGA, for clinching the prestigious National Girls in ICT Competition 2024 championship title.

Their triumph in the competition, organized by the Federal Ministry of Communication, Innovation, and Digital Economy, not only highlights their exceptional abilities but also brings immense pride to Anambra State.

These talented young ladies displayed unwavering determination, securing victory at the state, regional, and national levels.

Their project, the M-Tag VR, which showcases Nigeria’s iconic landmarks and cultural heritage, exemplifies the innovative spirit and ingenuity of Anambra’s youth.

This victory not only underscores the impact…

Read More
Business Economy

Federal Government Takes Decisive Action, Revokes 924 Dormant Mining Licenses

post-image

 

In a significant move aimed at revitalizing the mining sector, the Federal Government has revoked a total of 924 dormant licenses covering exploration, mining, small-scale mining, and quarrying activities. The announcement came during a press conference on Wednesday, led by the Minister of Solid Minerals Development, Dr. Dele Alake.

Dr. Alake underscored that the decision was made in accordance with constitutional provisions and after providing adequate notice to concerned parties through the official Gazette of the Federal Republic of Nigeria, No. 227, issued on December 27, 2023. He emphasized that license holders were given a 30-day window to rectify their dormant status, with 39 licensees either resuming operations or presenting valid reasons for their inactivity.

The revocation affects a range of licenses, including 528 exploration licenses, 20 mining leases, 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML). Dr. Alake stressed that the action followed due process and aligns with…

Read More
Business Economy Software Technology Travels

Nigerian tech ecosystem leads Artificial Intelligence (AI) innovation race at GITEX AFRICA’s Artificial Intelligence (AI) Everything Expo launch

post-image

Nigerian start-ups are leading an epic AI innovation race with innovative digital solutions solving cross-continental challenges, as the very best from Africa’s largest economy take centre stage at the rising Silicon Valley’s largest tech and start-up event in Morocco next month.

 

From AI-powered diabetic care, to SaaS (Software as a Service) platforms boosting agriculture profitability, Nigerian tech is shaping the future of Africa’s burgeoning digital economy, enticing global investors with tantalising venture opportunities at the AI Everything Expo by GITEX AFRICA 2024, the continent’s largest tech and start-up event, from 29-31 May in Marrakech.

Nigeria’s bold initiatives establishing the country as a dominant force in AI and tech talent development will be amplified by strong venture capital demand and interest at GITEX AFRICA’s AI Everything showcase, the continent’s most progressive power forum for AI exploration and deep tech innovation.

That demand will be intensified by the incredible AI growth opportunity in Nigeria;…

Read More