Africa's Next Big Ideas: $100M Fund targets continental innovators

Charles Awuzie, the convener of the Evolve X Conference, has announced that the event will feature the launch of a $100 million Africa Tech Fund aimed at supporting innovators across key African countries. This fund will provide crucial backing for tech startups in Nigeria, South Africa, Kenya, Zambia, Ghana, Egypt, and other African nations.

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Awuzie is the CEO at gemsbokGPT – Africa’s 1st Generative AI Platform. He highlighted that the Evolve X Conference and Exhibition offers a unique platform to accelerate international trade. The event will also promote intentional living, and drive technological advancement throughout Africa. Evolve X Conference is bringing together industry leaders, entrepreneurs, and decision-makers. All of them will showcase innovations, create valuable connections, and foster cross-border collaborations.

“The Evolve X platform is designed to facilitate knowledge exchange, highlight groundbreaking solutions, and connect industry leaders. [It will also] fuel collaborations and funding mechanisms across borders,” said the Johannesburg-based businessman.

The second edition of the conference will attract thought leaders, policymakers, entrepreneurs, tech enthusiasts, and young professionals committed to fostering innovation and sustainable development across the continent.

He added: “These are serious-minded individuals with the capacity to drive change. Whoever you connect with at the conference will have the expertise and influence to make an impact.”

Ossai Ilome, CEO of the conference, emphasised that the event will provide opportunities for personal growth and skill enhancement. According to him, the event is focusing on the empowerment needed to lead transformational change in various sectors.

The Evolve X Conference and Exhibition will spotlight Africa’s startup ecosystem, showcasing the continent’s potential as a hub for tech-driven wealth creation and innovation.