{"id":67448,"date":"2025-04-22T19:03:42","date_gmt":"2025-04-22T19:03:42","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/south-korean-startup-cast-wins-special-award-at-gitex-africa-2025"},"modified":"2025-04-22T19:03:42","modified_gmt":"2025-04-22T19:03:42","slug":"south-korean-startup-cast-wins-special-award-at-gitex-africa-2025","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/south-korean-startup-cast-wins-special-award-at-gitex-africa-2025","title":{"rendered":"South Korean Startup CAST Wins Special Award at GITEX Africa 2025"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>A South Korean startup has earned a special award at GITEX Africa 2025, the continent\u2019s largest information and communication technology (ICT) exhibition.<\/b><\/p>\n<p>The Korea-Africa Foundation announced on April 21 that Korean startups from diverse sectors\u2014including ICT, environment, tourism, agriculture, education, and construction\u2014took part in the exhibition, which was held from April 14 to 16 in Marrakech, Morocco.<\/p>\n<p>Among them, the startup \u2018CAST\u2019 received a special prize from the International Finance Corporation (IFC), a member of the World Bank Group, during the Supernova Challenge, a global pitch competition for startups. The award includes a cash prize of $10,000 USD (approximately KRW 14 million).<\/p>\n<p>At the event, the Korea-Africa Foundation operated a Korean Pavilion to facilitate connections between Korean startups and African buyers and investors. Participating companies secured tangible outcomes, including proof-of-concept (PoC) agreements, memorandums of understanding (MOUs), and letters of intent (LOIs) for future investments.<\/p>\n<p>GITEX Africa is the African edition of GITEX Global, the world\u2019s largest ICT trade show, held annually in Dubai, United Arab Emirates, for more than four decades. Since 2022, the African edition has been hosted in Morocco. This year\u2019s event brought together over 1,400 companies, 650 government agencies, and more than 350 investors, with around 45,000 participants from across the globe.<\/p>\n<p>Kim Young-chae, President of the Korea-Africa Foundation, commented, \u201cGITEX Africa has been expanding steadily over the past three years. The foundation will continue to serve as a bridge to help Korean companies achieve meaningful results in the African market.\u201d<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Botswana<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. A South Korean startup has earned a special award at GITEX Africa 2025, the continent\u2019s largest information and communication technology (ICT) exhibition. The Korea-Africa Foundation announced on April 21 that Korean startups from diverse sectors\u2014including ICT, environment, tourism, agriculture, education, and construction\u2014took part in the exhibition, which was held from April 14 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":67447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[234],"class_list":["post-67448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>South Korean Startup CAST Wins Special Award at GITEX Africa 2025 - Botswana<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/south-korean-startup-cast-wins-special-award-at-gitex-africa-2025\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korean Startup CAST Wins Special Award at GITEX Africa 2025\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Botswana. A South Korean startup has earned a special award at GITEX Africa 2025, the continent\u2019s largest information and communication technology (ICT) exhibition. 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