Orange Social Venture Prize in Africa and the Middle East was launched in 2011 by telecom operator Orange. It supports digital entrepreneurs and startups in 17 countries in Africa and the Middle East.
Orange Africa and Middle East has announced the launch of the 14th edition of the Orange Social Venture Prize in Africa and the Middle East (POESAM), according to a press release issued on Thursday, March 21. The competition, which is open for applications until May 26, aims to recognize the best technological projects with a social impact across the 17 countries where Orange operates.
POESAM is conducted in two phases: a national phase and an international phase. In the initial phase, three start-ups are awarded, and a prize for women’s entrepreneurship is given to the top digital project led by a woman. In the international phase, the three winners from each country compete before an international jury, led by Cheikh Tidiane Mbaye.
In a June 2023 interview with We Are Tech Africa, Mbaye discussed POESAM’s impact on technological innovation in Africa, stating, “The prize aids numerous entrepreneurs and startups. It’s not just the POESAM winners that benefit, it stimulates emulation by encouraging a large number of young Africans to take risks. Every Orange company in each of the 17 countries contributes to fostering this innovation and emulation.”
The 13th POESAM’s international grand prize was awarded to Cameroonian start-up Adinkra Jeunesse, which received a cheque for €25,000. The runners-up were Egrobots from Egypt (€15,000) and Smart WTI from Jordan (€10,000). The women’s prize was awarded to Tunisian start-up Bionic Soul. Additionally, the jury’s “Coup de Coeur” prize was given to the Cameroonian startup Services for Aged.
Adoni Conrad Quenum