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African startups, NGOs urged to use AI for funding

African startups, NGOs urged to use AI for funding

Nigeria-based grant intelligence company, Grant Master, has raised concerns over the challenges African organisations face in accessing grant funding.

The company said many organisations struggle with the time, cost and complexity involved in preparing competitive applications, often resulting in poorly prepared documents.

Experts have argued that for many organisations, preparing a single grant proposal can take dozens of hours and often requires hiring professional grant writers, which many cannot afford.

Chief Executive Officer and Co-Founder of Grant Master, Olugbenga Ogunbowale, however, urged these organisations to take advantage of Artificial Intelligence, AI-powered platforms such as Grant Wizard, which was designed to help African nonprofits, startups and social enterprises discover funding opportunities and generate grant proposals in minutes.

According to him, this could be used in creating a profile that captures their mission, programs, and impact.

Ogunbowale said: “Across Africa, we see incredible ideas and impactful organizations that struggle to access funding simply because the grant application process is complex and resource-intensive. Grant Wizard was built to simplify that process by combining artificial intelligence with the methodology we have developed through years of supporting grant applicants.”

Meanwhile, Grant Wizard is built on insights drawn from Grant Master’s training and advisory programs, through which more than 1,100 alumni and client organizations have collectively secured over $30 million in grant funding.

One of those organisations is Crop2Cash, an agritech company that secured $400,000 in grant funding using Grant Master’s methodology.

Speaking on the development, CEO of Crop2Cash, Michael Ogundare, said: “Access to the right grant intelligence can make a significant difference for growing organizations. Tools like Grant Wizard can help more African founders and nonprofits compete effectively for global funding.”