Aid 2.0: Disrupting Aid From Good Intentions to Good Solutions

TUESDAY SEPTEMBER 25TH AT FOLK, OSLO

Across Sub-Saharan Africa, phones now act as banks for millions of Africans who do not have access to traditional banks. People can buy solar energy through their phones, get their hearts examined in rural Cameroon using a medical tablet, or get blood delivered by drones in Rwanda. All over the continent, there are young entrepreneurs solving global issues and changing their societies one start-up at a time. By developing local solutions, they are becoming the primary sources of job creation. However, access to early stage investment and support system are some of the key challenges in many African ecosystems. Meanwhile, Africa has received over NOK 30 billions in aid from Norway in 2017.

Through the Sustainable Development Goals (SDGs), Norway has committed itself in using aid as a catalyst for job creation. While The Finnish government has raised €8.7m to fund technology start-ups in South Africa, Botswana, Namibia, Tanzania and Zambia, The Norwegian aid model is still locked in the traditional system of distribution.

There is no doubt that the current Norwegian and international aid model must innovate in ways that offer opportunities for impact-driven and early stage entrepreneurs. How can Norway disrupt the way aid is distributed in Africa? This summit discusses how innovation and technology can guide the Norwegian aid system towards a model that delivers impact-driven results that focus on trade & investment, innovation, entrepreneurship and job creation.

This is event is arranged during Oslo Innovation Week. Oslo Innovation Week brings forward new voices and innovation in action. We believe in not only talking about change, but actually changing the world we live in. We bring together speakers, experts, entrepreneurs, investors, startups and innovators from around the globe, and challenge them to solve problems, collaborate and drive sustainable change.

More info:
https://www.facebook.com/events/264260350962508

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