2023 AfriLabs Annual Report

Introduction

Since its inception in 2011, AfriLabs has emerged as a dynamic force in the African innovation landscape. Dedicated to fostering a culture of creativity and entrepreneurship, AfriLabs serves as the cornerstone for innovation hubs and stakeholders across diverse African nations. At the heart of our mission are the innovation hubs — vibrant, collaborative spaces where African entrepreneurs, innovators, developers, and aspiring individuals converge to transform ideas into impactful ventures. Beyond offering physical co-working environments, these hubs provide a robust ecosystem of support, encompassing tailored training, legal guidance, and financial expertise essential for business success. Through strategic engagement with these hubs and their communities, AfriLabs actively nurtures the next generation of innovators and entrepreneurs. By fostering an environment ripe for innovation, we catalyze economic prosperity and drive meaningful social development across the African continent.

To support innovation hubs and their communities to raise high potential entrepreneurs that will stimulate economic growth and social development in Africa. We achieve this through capacity building, financing, networking, policy advocacy, and providing insightful, reliable data.

Mission

A thriving innovation economy in Africa, driven by the power of our community.

Vision

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