Funding Opportunities for Businesses

Funding Opportunities For Businesses:

  1. Funding Opportunity For African Innovators through AfCFTA Vision Challenge

African Innovators and entrepreneurs who have solutions to challenge affecting the intra-Africa trade are called to participate in Africa Continental Free Trade Africa (AfCFTA) vision challenge. Areas of focus are agriculture and food security; education and skills; Natural capital and environment and technology. The ideas selected will be invested in by Africa’s leading Development Finance Institutions & Banks that include AfDB, TDB, Afreximbank, BADEA, AFC, Equity Bank, Eco Bank, CIB among others.

Contestants will only have to register for an AfCFTA number at no cost at and then submit their entry through the online portal ( to participate. Deadline for application is December 30, 2020

2. Future of Work Africa 2021

Village Capital, in conjunction with IFC is launching an accelerator programme to support entrepreneurs building for-profit, market-based solutions across the education, employment, and benefits spectrum that can help young people in Sub-Saharan Africa better prepare for and manage the future of work. Interested start-ups should address unemployment through: Innovations like upskilling/reskilling programs, Credentialing programs, New approaches to apprenticeship or employment matching, Financial health for informal workers, and/or Edtech.
To apply, visit Deadline for application is January 22, 2021


3. OPTIMA’s Grant To Curb Internet Shutdown

Internews, an international media development organization, through its OPTIMA programme is calling for proposals from Africa-based individuals or organizations that can develop targeted, localized and issue specific resources to contribute to prevention and adequate response to internet shutdowns in Africa.

Projects must fall into one of the following four funding categories: Network Measurement; Legal Resources; Multistakeholder Engagement and Circumvention Tools, Guides, and Resources.

Available grants are between $1,000 and $5,000 USD. The grants will be reviewed by Internews, in conjunction with members of OPTIMA’s Advisory Committee. Projects may begin as early as January 1 and run through March 31, 2021. Execution of projects should not exceed three months although an extension of two months may be permitted. To apply, visit

Also Read: Funding Opportunities for Businesses

4. Money Trail Grants

Journalists in Africa, Asia and Europe can apply for grant to conduct investigation (for maximum of six months) on cross-border illicit financial flows, tax abuse, money laundering and corruption in the three continents. The grant, which is up to £50,000, will cover both working time (for freelancers) and expenses (for freelancers and staff journalists). For more information about the programme, visit To apply, visit Deadline for application is December 14, 2020For questions, emails can be sent to


5. IITA Agricultural Project Training For Young Nigerians

The International Institute of Tropical Agriculture (IITA) together with MasterCard Foundation have launched a programme aimed at building the capacity of 40,000 Nigerian aspiring agriculturists within the age range of 18-35 years.

The programme is about improving the skill set of the participants so as the make them employable and even become entrepreneurs.

At the moment, The Young African Works-IITA project is seeking applicants from Kaduna, Kano and Lagos states. They will be trained to work within the supported value chain of rice, soyabean, maize, cowpea, poultry, vegetable, mushroom, groundnut, fish and livestock. There will be access to after training support. To apply, visit Deadline for application is December 12, 2020


6. Application for Founder Institute’s Pre-seed Accelerator Programme

Up and coming entrepreneurs are called to participate in the next version of Founder Institute (the world’s largest pre-seed start-up accelerator) Lagos chapter’s Cohort IV. The 14-week programme will take the participants through capacity building work weekly. They will receive constant feedback and regular office hours with 50+ Lagos Mentors, investors, and entrepreneurs. Also, they will make quick progress on their startup journey using a proven, structured process to get traction and funding that has helped alumni build great products and raise over $950M in funding for their products. There will be privilege to a suite of post-programs, including Funding Lab for expert venture support for years. They will have networking access to startup founders, CEOs, and investors from the Founder Institute’s global network of 4,500+ alumni as well as 18,000+ mentors across 200+ cities. To apply, visit before early admissions deadline (December 13, 2020) will attract invitation to take free entrepreneur DNA assessment and also, eligiblity for the early course fee ($100 discount). Final deadline for the Lagos Virtual 2021 program is Jan 17, 2021.


7. Cleantech Thematic Challenge for Africa and EU Start-ups

Start-ups in Africa and Europe into clean energy production can apply for Cleantech Thematic Challenge organized by Africa-Europe Innovation Partnerships (AEIP). The aim is to encourage these start-ups in creating innovative energy solutions by linking them with African and European corporates who will help them grow and explore new markets. To apply, visit Deadline for application is December 11, 2020

Also Read: Funding Opportunities For Businesses

8. Grants for Creative, Cultural and Media Organizations

Africa-based cultural, creative and media organizations advocating empowering narratives about Africa can apply for Africa No Filter (AFN) operations support grant of up to $100,000. Owners of these businesses should be youths within the age range of 18-45 years.

AFN is a donor collaborative funded by Ford Foundation, Bloomberg  Bloomberg, Andrew W. Mellon Foundation, Luminate, Open Society Foundation, Comic Relief and the Hilton Foundation. To apply, visit Deadline for application is December 31, 2020


9. Nigerian and Kenyan Start-ups emerge winners of the AfDB’s Agripitch Competition

Out of over 2,500 participants, Nigeria’s Foodlocker (a start-up which assists smallholder farmers with technology for the production of foods such as tomatoes and chicken, Nigeria’s Releaf (a food pre-processing technology company) and Kenya’s Mhogo foods (a company which processes cassava tubers into affordable, multi-purpose and nutritious cassava flour) have emerged winners of the Mature start-ups, Early start-ups and Women-empowerment businesses categories respectively in the Africa Development Bank’s Agripitch Competition. Foodlocker went home with $40,000 while Releaf and Mhogo won $20,000 each. The runner-ups in the three categories: Ivory Coast’s Lono, Uganda’s Bringo Fresh and Nigeria’s Baby Grubz went home with $20,000, $10,000 and $10,000 respectively.

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