Public Management

African Youth Adaptation competition launches call for applications

African Youth Adaptation competition launches call for applications
Sunday, 18 September 2022 13:19

Young entrepreneurs between the ages of 18 and 35 are invited to submit their business plans through the official submission portal. Twenty winners will each be awarded $100,000 and will receive capacity-building training, mentorship and coaching. 

The Global Center on Adaptation, African Development Bank and Climate Investment Funds have launched a call for applications for the second edition of the African Youth Adaptation Solutions (YouthADAPT) Challenge.

YouthADAPT is an annual competition that invites young entrepreneurs and micro, small, and medium enterprises in Africa to submit innovative solutions and business ideas that have the potential to drive climate change adaptation and resilience across the continent. The commercially viable business or product must not be in widespread use.

YouthAdapt SM Landscape 1

The 20 winners will each be awarded $100,000 and will receive training, mentorship and coaching to support their climate change adaptation innovation in their communities and across Africa.

The objective of the competition is in line with one of the pillars of the Africa Adaptation Acceleration Program (AAAP). AAAP is a strategic partnership between the Global Center on Adaptation and the African Development Bank. It aims to address the triple impacts of Covid-19, climate change and the economy.

Applicants must be 18 to 35 years old. Their venture must be youth-led and deliver solutions that address a real-life challenge. They must be registered and operating in Africa, and able to show revenues for at least two years. 50% of the finalists will be women-owned or women-led enterprises.

Apply by visiting the application portal.

The closing date for applications is 4th October 2022.

bad

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Presco plans $162M rights issue to raise capital• 166.6M shares offered at ₦1,420 each to shareholders• Funds to expand palm oil output, cut...
• The structure relies on asset-based security and a local bank wrapper to mitigate airline risk.• Regional operators, such as Air Ghana, are already...
• The European Investment Bank (EIB) and the European Commission will provide a blended financing package worth up to €95 million ($110 million) to...
Yango Group, through its $20 million venture fund, has made a strategic investment in Zanifu, a Kenyan B2B fintech specializing in inventory...

Most Read
01

Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...

With 40% of Its Cocoa Traceable, Côte d’Ivoire Faces a Race to Meet New E.U. Standards
02

• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger...

World Bank Revises Up 2025 Forecasts for Four WAEMU Countries, Amid Falling Inflation
03

• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...

AfDB, BOAD join forces to expand financing for West Africa projects
04

• UAC of Nigeria acquired CHI Limited, known for Chivita juices and Hollandia dairy, from Coca-Cola ...

UAC of Nigeria Takes Control of CHI Limited, Former Coca-Cola Subsidiary
05

IFC will provide up to $40 million to Banque Islamique du Sénégal (BIS) under a Mourabaha agr...

IFC Lends $40 Million to Senegal’s Islamic Bank to Triple SME Loans
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.