How Futurize enables young African innovators, entrepreneurs to access global markets

How Futurize enables young African innovators, entrepreneurs to access global markets

NAIROBI, Kenya, Nov 18 – Futurize, a UK-based company that provides a platform for building impactful ventures, has been training young entrepreneurs and innovators in Africa to access global markets.

Speaking at the 2023 Futurize Health Tech Summit at Strathmore University in Nairobi, Chief Executive Officer (CEO) of Futurize, Rhea Singhla, said that under their Fuel Africa flagship programme, a total of 1,300 university students across the African continent were trained on innovations to help build solutions in the health tech sector.

Under the programme, a team of students from Kenya, Ghana, Nigeria, South Africa, Rwanda, Uganda, and Mauritius majored their innovation research ideas in the fields of malaria, cancer, and hypertension, which marked the end of the incubator period that was launched in March this year.

“We equip young entrepreneurs with the essential skills, mindset, and practical experiences to create companies that can achieve global success,” stated Rhea.

In addition to entrepreneurship training, Futurize offers young entrepreneurs, universities, and businesses financial support, business incubation, and access to a worldwide innovation ecosystem, providing them with a competitive edge in the real world, among other benefits.

“We have been collaborating with some of major universities in Kenya to train young entrepreneurs and innovators in the health Tech space including students from Strathmore, Kenyatta University, Amref International University and Masinde Muliro university of science and technology,” added the CEO.

She added that the company is focusing on tackling humanity’s biggest challenges by empowering university-led startups and students to build solutions in healthcare, climate change, and fintech using the latest advancements in artificial intelligence (AI) and machine learning.

“In partnership with industry leaders and universities across Africa , our programs offer a unique opportunity to develop entrepreneurial capabilities and bring startup ideas to life,” she stated.

The Futurize Healthtech Summit 2023 brought together leading experts, policymakers, entrepreneurs, investors, and academics to explore the latest trends, challenges, and opportunities in the dynamic world of health technology.

Additionally, through leadership talks and interactive discussions, startups from the FuturizeU incubator and partner ecosystem were given opportunities to showcase their startups.

Maritest, one of the Futurize Startups in Uganda, won this year’s competition under the Fuel Africa flagship project, where a team of students drawn from different universities developed a bloodless diagnostic device that offers a non-invasive, automated method for malaria detection using AI and advanced sensor technology.