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BW Businessworld

Celebrating African & Indian Youth Entrepreneurship

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Three teams from India, two from Nigeria and one each from Ghana, Zambia and Senegal made their final presentations for the two INDIAFRICA WOXSEN Grand Prizes at Ghana Institute of Management & Public Administration, Accra on 10 June. Teams led by Prabhat Kumar of Young India Fellowship, Ashoka University, Delhi and Obanor Chukwuwezam of University of Lagos, Nigeria won Rs 750,000 in cash and trips to Davos during the WEF Annual Meeting in January 2015 and UK in April 2015 to attend the Skoll World Forum hosted by Said Business School, Oxford University. Hon'ble Mahama Ayariga, Ghana's Minister for Information and Media Relations and H. E. K Jeeva Sagar, India's High Commissioner to Ghana gave away the prizes at a well attended Awards Ceremony the same evening.

The Chief Guest recounted anecdotes from his days in India as a student and underscored the importance of strengthening bonds between the young people of Africa and India 

This was the third edition of the INDIAFRICA Business Venture Competition organised by IdeaWorks Design & Strategy Pvt Ltd under the aegis of their INDIAFRICA: A Shared Future initiative which is supported by the MInistry of External Affairs, Government of India. Partners included ISB, Said Business School, Indian Angel Network, Villgro Innovations, GSF India, Accenture, GIMPA Accra and WOXSEN School of Business.

Sharing more information about the event, Amit Shahi, CEO of IdeaWorks Design & Strategy said that the competition had grown with each successive edition, bothin terms of numbers and calibre of submissions. This year there were over 1800 registrations from 42 African countries and India, out of whom 324 from 29 African countries and India were finally selected for the three stage jury process.