A Resilient Africa 2020 - An AfriLabs Impact Report


Key highlights from the report

Strengthening Policy Development to Encourage R&D and Innovation

Scaling Homegrown Innovations Beyond Borders

Majority of the entrepreneurs (90%) are likely to need to or be able to scale their business in the wake of COVID-19


Investor funding is the number one issue governments must address to build innovation resilience. This is followed by fostering entrepreneurship and eradicating corruption

The highest number of respondents (23%) are entrepreneurs from the agriculture sector.


74% say they are currently exploring the possibility of entering international markets


Driving Innovation Inclusivity – Women, Youth, and Informal Markets

51% indicate that while they are aware of state support, they find this support to be inadequate in meeting their current business scaling needs



Majority of entrepreneurs 45% feel that the creation of expanded market opportunities for homegrown businesses is the main key driver of innovation inclusivity. This is followed by the provision of support services and the curation of capacity development programs to address the unique challenges of operating in the informal markets are key to driving innovation inclusivity on the continent

Majority of innovators and startups (42%) see innovation hubs as potential platforms to access funding, followed by networking opportunities, capacity building and R&D



A high proportion of respondents (41%) do not feel there is enough support from the private and public sector to drive greater inclusivity within hubs and the wider

innovation ecosystem

2020: A Resilient Africa: An annual report of AfriLabs impact

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