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All posts by Daniel Mpala

  • Two Kenyan startups make it into WEF’s 2018 Technology Pioneers Cohort

    The World Economic Forum (WEF) has named two Kenyan fintech startups, BitPesa and CarePay, as part of its 2018 Technology Pioneers cohort. BitPesa and CarePay are the only African companies in the cohort of 61 early-stage companies from around the world. Ovamba -- a US-based fintech which provides short-term capital to small businesses in Africa and the Middle East -- also made the cut. The cohort will over the next two years participate in the WEF's initiatives, activities, including this September's Annual Meeting of the New Champions in China, and next year's Annual Meeting in Davos, Switzerland. BitPesa and CarePay are the only African startups in the...

  • Nigeria’s young squad could learn a thing or two from agritech startup Farmcrowdy

    After Nigeria's poor showing in their first Group D match with Croatia, The Super Eagles can ill-afford to lose this afternoon's game with Iceland. The country has the youngest squad at the tournament, but that shouldn't stop them from doing well. In fact, the football team should take a leaf out of Farmcrowdy's book. Despite being only two-years old, the Lagos-based agritech startup is already racking in funding, accolades and awards from not only Nigeria, but around the world. The startup was founded in 2016 by CEO Onyeka Akumah, CFO Akindele Phillips, COO Tope Omotolani, CTO Jimoh Maiyegun, and vice president for products and data Ifeanyi...

  • Cloud accounting platform Accounteer wins $50k MEST Africa Challenge

    Nigerian cloud accounting platform Accounteer was yesterday selected as the winner of the inaugural $50 000 MEST Africa Challenge. The pitch competition was held yesterday (21 June) on the final day of the MEST Africa Summit at the Waterfront in Cape Town. Accounteer out-pitched three other startups to win the MEST Africa Challenge $50 000 equity investment prize Accounteer pitched against Ghanaian agritech startup Cowtribe, Kenyan fintech Data Integrated, and South African livestock trading platfrom Swift Vee for the grand prize. Read more: MEST Africa announces four regional winners that will pitch in $50k challenge During the pitch, Accounteer business developer Adegboye Henry (pictured above) said the startup has 200...

  • Morocco will need to be innovative like startup Hooplacar to shock Portugal

    Morocco take on Portugal this afternoon at 2pm (Central African Time). After Portugal's spectacular match with Spain, which saw Cristiano Ronaldo pull off a hat-trick, the Atlas Lions will have to be a little innovative to shock the Portuguese. Good thing that the Moroccans are an innovative bunch, take Moroccan startup Hooplacar and its approach to advertising for example. The startup was founded last year by CEO Salmane Berraoui (pictured above, right), managing partner Jounaid Anasse and Mehdi Benayad (pictured above, left). Hooplacar is only a year-old and already has 6500 drivers on its platform The trio manage a fleet of 6500 cars carrying...

  • Can Egypt help Africa save face? This savings platform could show them how

    After last week's agonising 1-o loss to Uruguay, Egypt will tonight, at 8pm Central African Time, take on hosts Russia amid speculation on the fitness of top scorer Mohamed Salah. Will Salah, the Egyptian King, be able to deliver like he promised? And more importantly, can the Pharaohs win their first match at the World Cup tonight, and possibly help Africa save face? Maybe the team should look to Egyptian startup Money Fellows for inspiration -- the company knows all there is to know about saving. Money Fellows is reported to have raised up to $800 000 in funding since launch CEO Ahmed Wadi (pictured above) founded collaborative...

  • ‘Rating platform Hi5 bagging 20 to 40 new clients a month after R2.5m funding’

    Four months after securing R2.5-million in seed funding from Cape Town-based investment fund Getihu, Hi5 CEO and founder Gary Willmott claims the startup is adding an average of between 20 and 40 new clients monthly. "We are just about to go over the the 6000-user mark and have just hit a milestone for the 10 000th Hi5," says Willmott (pictured above), who platform allows staff in workplaces to rate one another. He says the R2.5-million investment deal -- which was concluded in March for a 25% stake in the startup -- will enable the platform to "scale product and business development within South Africa and the region over...

  • Will the Teranga Lions roar and dominate like Senegalese startup CoinAfrique?

    Senegal take on Poland today at 5pm (Central African Time) in their second appearance at a World Cup. In order to make it past the other teams in Group H, Senegal will have to dominate its competitors, much like Senegalese classifieds platform CoinAfrique has. The startup -- which was founded in 2014 by Matthias Papet and Eric Genêtre -- is one of the first mobile marketplaces for French-speaking Africans. With operations in 17 countries across Francophone Africa, and a claimed 657 000 downloads of its app (since the app was launched in 2015) Papet and Genêtre are scaling the platform as fast as Senegal's lightning-quick...

  • Meet Quickloc8: from zero to an MVP demonstrator using R650k TIA grant

    From zero to an MVP demonstrator using R650 000 in seed funding from the Technology Innovation Agency (TIA). That's how the head of Cape Town tech hardware incubator Savant describes Mbavhalelo Mabogo and his startup Quickloc8. Mabogo (pictured above) was one of three startups that were showcased by the incubator during a demo day held last week Thursday (14 June). The three are all supported by the incubator. The two other startups were Intelligent Safe and Jonga. Mabogo founded Quickloc8 in 2015. The startup has produced a real-time vehicle and passenger tracking solution for the taxi industry. "The work that Mbavhi (Mabogo) has done with that R650 000 was amazing, he basically...

  • Can Tunisia haul a win? Meet the logistics marketplace that could inspire them

    After three defeats in a row for African startups the pressure will be on Tunisia to bring some cheer to the continent. After all, Tunisia back in 1978 became the first African team to win at a World Cup. Going into the match (which kicks off at 8pm Central African Time today) the Eagles of Carthage seem like the underdogs and will have to push very hard to get a win. If only they could call on logistics marketplace Optimalogistic draw in the heavy hitters. Optimalogistic is a two-year old marketplace for freight trucks and construction equipment Mohamed Ben Slima (featured above, second from left)...

  • As the Atlas Lions march into battle, learn how MedTrucks is disrupting healthcare

    Morocco kicks off their 2018 World Cup campaign today at 5pm (Central African Time) when they take on Iran. The Atlas Lions currently on an 18-game unbeaten run and have been wandering the World Cup desert since France 98. Deserts -- that's something MedTrucks founders Jamir Derrouiche (pictured above, right) and Anass El Hilal (pictured above, left) don't shy away from when it comes to providing medical care to patients in remote areas. In 2015 the duo founded MedTrucks, a startup that wants to ensure that patients are never more than 20 minutes away from medical care through its mobile health services. Morocco's MedTrucks goal is...

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