Human Interest

IDEA Africa leads CAAF 2024 Deal Room in collaboration with other partners

Climate change

IDEA Africa, a prominent entrepreneurship  and innovation advocate in Africa will this year spearhead the Climate Action Africa Forum Deal Room.

This year’s Climate Action Africa Forum tagged; CAAF24 is in partnership with Climate Action Africa and Silicon-Valley based organization; Founder Institute.

Executive Director of IDEA Africa, Mr Ifedy Eze who addressed journalists in Awka said: “This strategic collaboration underscores IDEA Africa’s pivotal role in advancing innovation across the African continent, with a focused emphasis on the crucial area of climate technology.

“With IDEA Africa’s distinguished expertise, this initiative seeks to catalyze groundbreaking investments in climate solutions, positioning Africa as a leader in sustainable innovation.

“IDEA Africa’s unparalleled influence in driving entrepreneurial excellence makes us an invaluable partner in this endeavor as we aim to cultivate a vibrant ecosystem that empowers African startups to address pressing climate challenges.”

Eze quoted Andrew Crawford, Director of the Founder Institute as expressing happiness in being a part of the project.

“The Founder Institute is proud to support this innovative platform that brings together the brightest minds and the most passionate investors in the climate tech space.

“The goal is to catalyze impactful investments that can propel these startups to global success.”

Grace Oluchi, Executive Director of Climate Action Africa, also expressed her excitement for the event and the invaluable opportunities it presents.

She said: “The Deal Room at CAAF24 is more than just a meeting place—it’s a launching pad for the next generation of climate solutions. Climate Action Africa in partnership with IDEA Africa is excited to facilitate these critical connections that can lead to significant environmental and economic impacts across Africa.”

The event is scheduled for June 19th in Lagos, Nigeria. Eze said the Deal Room will serve as the centerpiece of CAAF24, providing a premier platform for African climate tech startups to engage with investors and stakeholders alike.

He said investors participating in the Deal Room include the African Development Bank (AfDB), Nigeria Sovereign Investment Authority (NSIA), The Catalyst Fund, Africa Enterprise Challenge Fund (AECF), and more.

By Ifeizu Joe

Ifeizu is a seasoned journalist and Managing Editor of TheRazor. He has wide knowledge of Anambra State and has reported the state objectively for over a decade.

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