Rwanda is in a heated race to host the Formula 1 Grand Prix, 30 years after it was last held on African soil, with a $270 million investment in a new track designed by former F1 driver Alexander Wurz.
South Africa is making a bid to host a Formula 1 race in 2027, seeking $50 million in funding from sponsors like Heineken and Red Bull, while Rwanda also vies for the prestigious event.
The Global Innovative Index 2024 reveals Rwanda, Madagascar, and Burundi as top innovators in Africa's low-income category, highlighting the potential for innovation to drive economic growth and reduce poverty.
Jon McNeill, ex-Tesla president, shares 5-step innovation formula for startups, emphasizing radical simplification and massive goals.
Merlin Solar develops flexible, crack-resistant solar panels for diverse applications, securing $31M funding for expansion
New app ensures assets are protected and loved ones can claim ownership in case of unforeseen events
MabLab's novel testing strips detect 5 common drug additives in minutes, promising to revolutionize harm reduction and drug safety
New at-home rapid test detects laced drugs and spiked drinks in under 3 minutes, potentially saving 100,000 lives annually and preventing 5 million hospitalizations.
Stitch3D's platform enables easy sharing and collaboration on massive 3D lidar files, solving a major pain point for industries like military, architecture, and more.
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