Out of the 20 startup winners of the second cohort of the esteemed Migration Entrepreneurship Prize 2022, 11 Startups are from Sub-Saharan Africa.
The Migration Entrepreneurship Prize 2022, is a scheme dedicated and designed for socially driven startups with the goal to enhance the inclusion of migrants in the Middle East and Africa.
The initiative being a public-private collaboration between Seedstars and the Peace and Human Rights Division of the Swiss Federal Department of Foreign Affairs (FDFA), aims to support and strengthen regions that are vulnerable to significant migration movements, such as the Middle East and Africa, by addressing the root causes of unauthorized migration and enhancing the socioeconomic rights of migrants.
The Migration Entrepreneurship Prize launched its second cohort in response to the success of its first cohort, which saw 20 startups chosen for solutions in the areas of financial services, education, health, and more. This cohort is looking for socially conscious businesses with a goal of advancing the socioeconomic inclusion of migrants.
The global winners of the Prize will take part in the Seedstars Investment Readiness Program and have access to the Seedstars network of partners, mentors, and investors. They include;
Flance (Nigeria)
Sidebrief(Nigeria)
AjoMoney(Nigeria)
Joovin(Nigeria)
Vesti(Nigeria)
Touch and Pay,(Nigeria)
Gigmile (Nigeria)
InfiBranches(Nigeria)
H28 Technologies(Ghana)
Tech Identity Solutions Lab, xTID (Nigeria) and Edusko (Nigeria).
“We look forward to seeing how the winning startups will offer migrants with an opportunity to work and earn a living. Entrepreneurship by, with and for migrants has a strong potential to improve lives in countries of origin, transit and destination,” Jana Röthlisberger, Program Manager at the FDFA said.
The nine other recipients of the prize are from the MENA region—Egypt, Lebanon and Tunisia.
