In search of investment and knowledge from the nation’s cutting-edge tech ecosystem, twenty bright young entrepreneurs from African technology ventures and enterprise support organizations have set out on a two-week study tour of the Republic of Korea.
These young entrepreneurs were chosen by the Innovation and Entrepreneurship Lab of the African Development Bank Group (AfDB) from among the 133 businesses that took part in the Africa Tech Startup Forum last month.
During the week-long virtual market access and acceleration program, which prepared, trained, and connected technology ventures with opportunities, the forum chose entrepreneurs who presented the best business models. The event was organized under the lab’s “Leveraging the Entrepreneurial and Innovation Success of Korea to Strengthen African Enterprise Support” project.
The delegates, who represent eight African countries—Egypt, Ghana, Kenya, Morocco, Nigeria, Rwanda, South Africa, and Uganda—come from a variety of industries, and part of their itinerary is a tour of major organizations like the Global Startup Center, LG Science Park, the Korea Software Technology Association, and the Global Digital Innovation Network.
“I am excited to go to Korea because the country has made serious technological developments. The country is a technology-driven society, and this tour is an opportunity for me to see how we can bring such technology to Africa,” said Uche Ezadinachi, the founder of Kenya-based health technology venture Zuri Health.
“We will share experiences with our Korean counterparts; they will learn from us as much as we learn from them.”
