The Global Startup Awards (GSA) Africa platform continues to establish itself as the premier stage for startups, showcasing innovative solutions, attracting investments, and gaining international visibility. This year, the competition has witnessed a record-breaking number of entries and public engagement, highlighting the robust and dynamic entrepreneurial landscape across the continent.
Of the 11,949 entries, Western Africa accounted for 26% with entries up 73% from last year. (Northern 13%, Eastern 26%, Central 7%, and Southern Africa 28%). The following four countries are represented among the Western regional winners: Nigeria, Ghana, Gambia and Ivory Coast, with Nigeria taking the lion share of 10 winners.
Key Western African highlights for 2024 include:
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The top three categories are: Fintech, Agritech and Healthtech
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Of the 14 Western African winners Nigeria leads with 10 finalists, followed by winners from Ghana, Gambia and Ivory Coast
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The top SDG's the startups are solving for are: SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), SDG 1 (No Poverty), SDG 3 (Good health & well-being), and SDG 2 (Zero Hunger).
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Startup development phases: ideation (2.4%), pre-seed (34.1%), seed (28.5%), growth (30.1%), and maturity and exit (4.9%)
Trophies.
Ocean hub Best Incubator Accelerator SA Regional Winner.
Loop Best Mobility & Logistics SA Regional winner