ECA and AIF launch prestigious February 2012 African Innovation Prize
With this award, AIF and UNECA acknowledge, support and encourage innovators and entrepreneurs- the group of stakeholders who till now have been neither considered nor benefited under Africas development cooperation agenda.
"Innovation is a combination of identifying problems, and finding groundbreaking implementable solutions; we hope the prizes will contribute to tapping into the ingenuity of Africans to solve Africas problems, says the ECA Executive Secretary and Under-Secretary General, Mr. Abdoulie Janneh.
He adds: Currently, ideas, innovation and knowledge are what is driving the world, and transforming economies. It is therefore fitting and appropriate that the African Innovation Prize is targeting a unique group of stakeholders - innovators and inventors in the area of ICTs, Green Technologies and Health & Food Security.
The amount allocated towards the winners for the selected innovators and entrepreneurs, in the three thematic areas of ICTs; Green Technologies; Health & Food Security are two generous prizes: First prize USD 100,000; and USD 50000 for the second prize.
The registration deadline for the 2012 prize has been set for September 30th, 2011 with no possibility of extensions.