N’Djamena, Chad – MAKANATNA an agricultural machinery nanufacturing startup that captured first prize at the national finals of the Entrepreneurship World Cup competition held recently in Chad.
Idriss Abakar, founder of MAKANATNA captured first national prize and advances to the next round of the global competition against national winners from 184 countries.
"The provision to farmers of low-cost agricultural machinery increases crop yields and hence their incomes. It also develops new businesses and promotes the development of an inclusive economy with a strong ability to reproduce from one region to another. " says Abakar. "We want to reduce the hardship of farmers in terms of manual work, increase their productivity in time and allow their children to go to school rather than spend all their time in the fieldwork. So women too will have plenty of time to care for their offspring."
The project is based on the invention and manufacture of agricultural machinery adapted to the real needs of rural populations. The ambition is to develop agriculture with local competence, is to improve the quality of production by removing farmers from their precariousness.
In preparation for the EWC Global Finals, Idriss Abakar will participate in an acceleration program which features virtual training and one-to-one mentoring with international mentors to prepare for the EWC Global Final, which will be held in Riyadh (Saudi Arabia) on November 12-14, 2019.
MAKANATNA emerged victorious from a pool of 114 contestants who applied – each receiving access to free virtual training services to help them take their venture to the next level.
Other finalists at EWC Chad included:
SistersDesign, a startup on beauty and wellness for women
Qefak - a social site referencing shops, promoting products, and facilitating access to employment.
Bio Ted - provide young people with employment by creating activities in rural and urban areas by providing the opportunity to the cultivation of cassava
Tamatimna - The Tamatimna product range consists o products that meet hygienic standards and consumer needs, with an affordable price accessible to all
Judges for the competition were:
Elidje | Judicael | Deputy Representative | UNFPA
Rachel | Mbounda | Officer | UNFPA
Djibrine | Hassane Lawane | CEO| CAHR Consulting
More than 102,000 contestants from 184 countries entered the Entrepreneurship World Cup. The initiative combines a broad-reaching pitch competition, aimed at ventures ranging from idea stage to growth stage, with a virtual accelerator program to help all participants launch, strengthen and scale their enterprises. Global Finalists will face off against one another at the Misk Global Forum ahead of Global Entrepreneurship Week in November 2019.
EWC is an initiative led by the Global Entrepreneurship Network and Misk Forum with support from a collection of a national and global partnerships, including the Global Educational and Leadership Foundation and GSVlabs.