Barclays Africa has launched the Barclays Africa Supply Chain Challenge as part of an initiative being driven into Africa with the aims of sparking ideas to drive the digital evolution on the continent.
There is a $10, 000 (Ksh. 1 million) prize for the overall winner and one member from each finalist team will be invited to pitch to a panel of renowned experts in Cape Town, South Africa on 3 November 2015.
To participate in the Barclays Africa Supply Chain Challenge, kindly visit thinkrise.com.
The competition criteria are as follows:
- Entrants are challenged to propose a solution that creates more transparency between seller and buyer, through the supply chain.
- Entrants are encouraged to use Blockchain, Distributed Ledger or any other technology that will do the job
- The challenge is open to individuals, teams and start-ups
- Entrants should be aged between 18 and 35 years
- Entrants must be based in Africa
- Entrants can be suited to any industry, including textiles, mining, finance, food, water and more.
- Entries open on 24 July and close on 18 September 2015.
Barclays is partnering and collaborating with innovators and entrepreneurs who drive disruption of traditional providers of financial services. Barclays Africa will be plugging start-ups, corporates and innovators into a physical and digital global network with the aims of co-innovating the ‘next big thing’ in financial services. According to Stephen van Coller, Chief Executive of Corporate and Investment Banking at Barclays Africa, the initiative is about supply chain transparency.