The Development Bank of Southern Africa (DBSA) is a leading development finance institution (DFI) operating across the African continent. We provide infrastructure financing in the energy, transport, water and Information Communications and Technology (ICT) sectors, with a secondary focus on the education, health and human settlements sectors. We believe that financing infrastructure is about improving people’s lives and growing the economy. With the inaugural DBSA Youth Challenge, we are inviting youth legally residing in South Africa to submit their ideas and solutions that improve the lives of our communities by addressing infrastructure challenges in new and innovative ways that build Africa’s prosperity.
The DBSA is a government-owned development finance institution, established in 1983, with the mandate to promote economic growth as well as regional integration for sustainable development projects and programmes in South Africa, SADC and the wider Sub Saharan Africa.
The total prize pool will be R1.5 m and the winner will be awarded prize money for their winning innovation idea and if the first prize winner is female, there is an additional R 50, 000.00 to incentivise female entrepreneurship and innovation.
The winners and finalists will also be awarded a 12-month mentorship programme to assist with executing their innovative ideas and building them into successful businesses.
The DBSA Youth Challenge is an invitation to youth legally residing in South Africa between the ages of 18 and 35 to come up with new solutions to the infrastructure problems we see every day. We are looking for innovative ideas and solutions, big and small that address the challenges we face in infrastructure within the transport, water, energy, Information Communications and Technology (ICT), education, health and human settlements sectors.
Ideas will be selected according to:
For more details, visit DBSA website.