Abuja - The African Innovation Foundation has extended the deadline for the Innovation Prize for Africa (IPA) 2014.
The foundation said from Lagos that the extension to November 30 was in response to the requests received from many countries indicating that their innovators learned about the competition late and would need more time to effectively prepare and submit their entries.
To date, IPA has attracted more than 1 350 applications from 48 countries.
The IPA is focused on promoting African home-grown innovation, scaling them up within Africa to fuel change and overall development for Africa and its people and compete on global platforms.
The 2014 IPA prize will focus on agriculture and agribusiness, environment, energy and water, health and wellbeing as well as ICT and manufacturing.
Only innovations by Africans for Africans are eligible to enter for the IPA 2014.
Africans in the Diaspora can also apply if their innovations are of significance to Africa.
The winning innovation will be awarded a cash prize of $100 000 with the two runners-up each receiving $25 000.
Speaking form Lagos, Pauline Mujawamariya, IPA Program Director, highlighted the need to invest in innovation to accelerate economic growth on the continent.
“Africa has experienced one of the fastest economic growths in recent history – 6 percent on average. Innovation has and will continue to play a vital role in this growth, and with this in mind, the IPA is continuing its work to identify innovators who are contributing to Africa’s sustainable development and creating solutions to the continent’s everyday challenges,” said Mujawamariya.
– CAJ News