Midrand – The deadline for the Development Bank of Southern Africa (DBSA) Youth Challenge competition has been extended to 30 September 2019. The bank is impressed by the number of entries received since the launch of the campaign in July and believes that the deadline extension will provide more young people with more time to think through and submit entries, which can contribute to building Africa’s prosperity.
Called the DBSA Youth Challenge, the competition invites entrants aged 18-35 to submit innovative development ideas that address infrastructural needs across various sectors. The winning submissions will attract a total of R1.5 million in prize money.
“As development practitioners we partner with stakeholders to co-produce impactful development solutions. Through initiatives such as the DBSA Youth Challenge, we look forward to working more closely with a segment of our society that is the foundation for our country’s future,” said Sebolelo Matsoso, Head of Communication and Marketing at DBSA.
Ideas must address one or more of the infrastructure development needs within the DBSA’s core sectors which are energy, water, transport, Information Communication Technology (ICT) and/or social sectors; namely health, education and human settlement (housing) sectors. Entries should be original, relevant to society, scalable and feasible.
Interested individuals can submit their ideas via https://dbsayouthchallenge.org/ or by posting them to DBSA, 1258 Lever Road, Headway Hill, Midrand, 1685. The top 10 finalists will have an opportunity to promote their ideas and network with potential sponsors before the three winners are announced at a gala event.
Note to Editors:
About the Development Bank of Southern Africa (DBSA)
The Development Bank of Southern Africa (DBSA) is a leading Development Finance Institution (DFI) in Africa. Established in 1983, the DBSA participates across the entire infrastructure value chain and provides planning, project preparation, financing, and implementation support for economic and social infrastructure in South Africa, SADC and the rest of the African continent. The institution’s mission is to improve people’s lives, boost economic growth and promote regional integration through infrastructure development.
For more information, visit www.dbsa.org
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