The Legatum Center at Massachusetts Institute of Technology has now confirmed its sponsorship for DEMO Africa 2015, to further its mission of catalyzing entrepreneurship for broad-based prosperity in low-income countries. The DEMO Africa event is scheduled to take place on 24th and 25th of September at the Eko Hotels and Suites in Lagos, Nigeria.
Mbugua Njihia, DEMO Africa event’s director, lauded the Legatum Center’s move stating that both players are committed to ensuring that the entrepreneurs are armed with the right tools to understand the local and global needs and tailor solutions for them. Best known for its fellowship—the Legatum Fellowship at MIT, the Legatum Center administers programs and convenes events that promote and shape the discourse on bottom-up development. The Center has been supporting enterprising MIT students who are working on innovative ventures across the continent. Some of these ventures include a mobile survey technology company that provides data solutions, a waste management enterprise that is solving sanitation challenges in urban slums and a recycling firm improving the environment and livelihoods of the residents of a major African city.
This year, DEMO Africa introduces knowledge streams to delve into critical topics including Business Modelling, Scaling Businesses, Creating an Unfair Advantage, and Raising Capital.
Other notable activities at the 2015 DEMO Africa event include an investor roundtable forum and the LIONS@FRICA Summit, with the uptake of Africa-generated technology being expected to dominate the conversations.