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All posts by Daniel Mpala

  • Kenyan supply platform Twiga Foods set to secure up to $7m from IFC, TLCom

    Kenyan mobile-based B2B distribution platform Twiga Foods is set to secure up to $7-million from the World Bank Group's International Finance Corporation (IFC) and venture capital firm TLCom Capital Partners. Kenyan newspaper Business Daily yesterday (1 July) reported that the IFC is set to invest $3-million, while TLCom will invest up to $4-million. Twiga Foods' platform connects vendors with producers of bananas, tomatoes, onions and potatoes. Twiga Foods B2B distribution platform connects farmers with urban retailers and vendors In a summary of investment information posted last month on IFC's website, the corporation disclosed that "in its capacity as implementing entity of the Private Sector Window of the Global Agriculture and Food...

  • Top startup events in South Africa, Africa you should know about this week [2/07/2018]

    Startup Grind Cape Town kicks off the month with its annual winter startup party and a fireside chat with Augmentors co-founder Micheal Deon on Wednesday (4 July). If you are looking to enter Google's Impact Challenge Kenya, then you'll want to attend one of the two info sessions in Mombasa and Machakos taking place this afternoon. Innovators in Nigeria will be happy to know that there are two Techstars Startup Weekend events taking place in the country this week in Edo State and Futo. This article is part of a weekly series that highlights all the top startup events, competitions, networking sessions,...

  • UCT tech transfer unit has developed 21 startups, 125 active technologies [Q&A]

    Universities need to be creating new intellectual property (IP), as well as protect and mature it to facilitate industry adoption, says Dr Andrew Bailey senior manager of the University of Cape Town's technology transfer office (TTO), Research Contracts and Innovation (RC&I). Bailey (pictured above) adds that the role off academic institutions in Africa's tech ecosystem shouldn't stop there, he says universities should also be commercialising IP through the creation of spin-off companies or by licensing it to businesses. And that's what RC&I has been doing. "Currently we have 24 spin-off companies since 2004 (21 remain active) and have equity worth over an estimated...

  • MaTontine co-founder predicts Senegal draw, shares inspiration, expansion plans

    Bernie Akporiaye, who in 2015 co-founded Senegalese digital financial services platform MaTontine along with his sister Dr Tosan Oruwariye, believes that Senegal will draw today's game with Colombia and make it to the next round of 16. "I believe we can make it to (the) quarter finals. Senegal has a tough group but I believe we will qualify with Colombia," says Akporiaye (pictured above). MaTontine provides the financially excluded in Francophone Africa with access to small loans and other financial services like micro-insurance. Akporiaye says the startup is addressing a problem being faced by a number of customers -- lack of access to small...

  • As Tunisia winds up its World Cup campaign, meet big data startup Datavora

    Tunisia winds up their 2018 World Cup Campaign when they take on Panama tonight at 8pm Central African Time. The match will be inconsequential for the team as they have already crashed out of the tournament, having lost their first two matches. As a result, expect to see some players who have not yet played at the tournament to feature in Tunisia's line up. For the last entry in our series, we've decided to feature a brilliant Tunisian startup that we feel hasn't received much "playtime" from African tech sites -- big data startup Datavora. Last year, Datavora raised $500 000 to expand into Europe and America....

  • ‘SA education unable to support extensive development of tech entrepreneurship’

    A report commissioned by Google and released earlier this month has identified that "the foundations of the (South African) education system are unable to support the development of tech entrepreneurship within South Africa on a broad scale". Titled Tech entrepreneurship ecosystem in South Africa, the report features research by OC&C Strategy Consultants and Endcode. It aims to identify areas for improvement in policies and regulations which affect the success of tech startups. Topics covered include networks, culture, talent, business procedures, ICT infrastructure, financial capital, and market potential. Together with education, the Google-commissioned report identifies support services for tech entrepreneurs as one of the areas in need of...

  • Meet the nine startups pitching at Seedstars Harare

    Seedstars World, the startup competition for emerging markets, has selected nine startups that will pitch at Seedstars Harare 2018 this Friday (29 June). The nine will pitch for an opportunity to attend the regional and global Seedstars Summits. Startups that get to pitch at the global summit in Switzerland stand to win over $1-million in investment. The startups selected to pitch on Friday are solving local issues that include energy, agriculture, and education. This year's event, which takes place weeks before Zimbabweans head to the polls, will feature an extra focus on civic technology, with two of the nine finalists addressing civic participation. This year's...

  • Ahead of Nigeria’s do-or-die match, here’s what you should know of top fintech Lidya

    Tonight's match pitting Nigeria against Argentina, kicking off at 8pm Central African Time, is arguably the biggest game of the day. The match is a must win for both sides as the victor will proceed to the last 16. Going into the do-or-die match, La Albiceleste have won the two teams' past encounters at the 1994, 2002, 2010, and 2014 World Cup tournaments -- history is against the Nigerians on this one. Nigeria, and indeed the rest of the continent, will be pinning their hopes on Nigerian forwards Ahmed Musa. The forward scored a brace against Iceland last week, becoming the only Nigerian...

  • As Morocco heads into its last match, meet Moroccan startup Manageo

    Morocco takes on Spain tonight (8pm Central African Time). The Atlas Lions are yet to find the back of the net in the tournament this year (bar their own goal against Iran), and this will be the last time for any of the team's players to get their name on the board at this year's World Cup. Getting one past the Spanish will not be an easy feat -- with a solid defence featuring the likes of Sergio Ramos -- given that Spain is also out to top Group B as well. Moroccan players might as well start thinking of what to do after...

  • Ahead of the Arabian derby, meet Nafham the biggest edtech platform in MENA

    Egypt takes on Saudi Arabia later on this afternoon (4pm Central African Time) in a dead rubber that is being dubbed as the Arabian derby. The derby is expected to be fraught with tension as the two teams both desperately want to make an impression before leaving the tournament, and because of public quarrel. The Pharaohs will want to win this one for pride's sake. The last time the two teams faced off at major tournament was at the 1999 Confederations Cup and the Saudis won that match. Nafham is one of the Middle East and North Africa's biggest edtech platfroms If the...

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