MIT in partnership with Liquid Telecom held the African regional finals of the Inclusive Innovation Challenge in Ethiopia.
Twelve startups from across the continent contested for finalsTwelve startups from across the continent contested for finals and four were selected to represent the continent at the MIT Inclusive Innovation Challenge.
The four are Egypt’s Taskty won in the skills development and opportunity matching category, Kenya’s Tiny Totos won in the income growth and job creation category, Nigeria’s Social Lender won in the financial inclusion category and South Africa’s Shopit won in the technology access category.
Congratulations and good luck to the four @MIT_IIC African winners that will be going to @MIT for the final round of the global tournament on Nov 21st! @sociallenderng are the financial inclusion category winners. #InclusiveInnovation #AddisAbba pic.twitter.com/VIAQdgPnrz
— Liquid Telecom (@liquidtelecom) September 24, 2019
Taskty, Tiny Totos, Social Lender and Shopit, will now join their counterparts from all over the world at MIT where four Global Grand Prize Winners each win $250,000 in the Innovation Challenge and worldwide recognition.
Congrats to 2019 @mit_iic Africa winners: Skills development & opportunity matching: @TasktyME. Financial Inclusion: @sociallenderng. Technology Access: @lastmileforBoP & Income Growth & Job Creation: @TinyTotos #Futureofwork #techforall See you @MIT on Nov 21! @liquidtelecom pic.twitter.com/BsAyDTllx3
— MIT Inclusive Innovation Challenge (@MIT_IIC) September 20, 2019
The winners will be selected in the following categories Financial Inclusion, Income Growth & Job Creation, Skills Development & Opportunity Matching and Technology Access.
The Inclusive Innovation Challenge is MIT’s premier future of work prize, awarding $1.6 million annually to entrepreneurs using technology to create economic opportunity for workers.