TechWadi, a nonprofit dedicated to providing Middle Eastern entrepreneurs with all necessary help to succeed in the technology sector, has announced a new partnership with the African Technology Foundation (ATF).
Per this new agreement with the ATF, TechWadi will open up a new frontier to further expand its reach beyond the Middle East.The move comes as a blessing for the African tech entrepreneurs and startup community, which has undergone an encouraging growth trajectory over the past couple of years.
“This is a special partnership for us, especially as we seek to forge stronger relationships in the MENA region,” said Stephen Ozoigbo, CEO of the African Technology Foundation, about the new agreement with TechWadi. As part of the new partnership, TechWadi has also vowed to collaborate with the ATF for the smooth implementation of the forthcoming startup launchpad Demo Africa, scheduled to kick off in Morocco later this October.
During the event, TechWadi will focus on networking, and possibly collaborating with investors, strategic partners, corporate acquirers, and the international media to explore the hidden potential of the African tech startup ecosystem and bring them to the forefront. The African tech industry currently boasts 32 startups with a direct link to the Silicon Valley ecosystem. Overall, the continent has more than 200 quality tech startups that collectively raised more than $65 billion in investment and billing.
Both TechWadi and the ATF hopes to examine and learn from the ingenious and innovative ideas demonstrated at Demo Africa.