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All posts by Daniel Mpala

  • Entrepreneurship platform RiseUp to launch Egypt Startup Manifesto

    Cairo-based entrepreneurship platform RiseUp will tomorrow (4 December) launch the Egypt Startup Manifesto, which aims to outline solutions to the challenges faced by Egyptian entrepreneurs. The launch takes place a day before the organisation kicks off its sixth annual RiseUp Summit, which kicks off in the Egyptian capital on Friday (7 December) and runs until Wednesday next week (9 December). RiseUp's Startup Manifesto project head Aliaa Abdel Aziz told Ventureburn in an email last week that unfair government policies are among the key challenges that Egyptian entrepreneurs face. She said the manifesto, which is over a year in the making, has been put together by RiseUp in collaboration with other support organisations and aims to help...

  • Five Injini startups secure trials, partnership deals – incubator head

    At least five of the startups in Injini's second cohort have secured trials and partnerships with schools, corporates and government agencies since joining the edtech incubator's programme, Injini CEO and founder Jamie Martin has revealed. Martin was responding to Ventureburn questions earlier today (29 November) following the demo day the incubator held yesterday (28 November) at Amazon Web Services' offices in Cape Town to conclude its second cohort. The demo day saw the seven startups in Injini's second cohort -- namely Bluebic, eLimu, Langbot, Learning Factory, Lightbulb, Nahana Africa, ScholarX and SlateCube -- pitch to investors, companies and NGOs. The invite-only event was also...

  • Looking to spin-out your IP from a public institution? Here’s how Custos did it

    As any tech startup founder will tell you, raising funding from local venture capitalists is no easy feat. The task is made even harder for entrepreneurs who have developed intellectual property (IP) with the help of a university and now want to commercialise it. In accordance with the Intellectual Property Rights from Publicly Financed Research and Development Act 2008, all IP generated at public institutions remains under the ownership of these public institutions themselves. This makes it difficult for startups to take ownership of IP that they may have created with the help of a university. Yet Custos Media Technologies recently did just that -- and has become perhaps the first...

  • How French investors are helping grow Senegal’s tech startup ecosystem

    Senegal's tech startup scene may still be small, but a rise in venture capital (VC) investments -- led by French investors -- suggest that things are beginning to warm up in the West African country. Rodolphe Rosier -- a Frenchman who co-founded a Dakar and French based solar home system startup OniriQ two years ago with Mohamed Sarr and Michael Hernandez -- is optimistic. He says over the last two years the country's VC scene has been growing "rapidly". Rosier attributes the growth to the recent arrival of French VCs like Partech, Orange Digital Ventures and funds engaged in seed finance, like impact investment fund Teranga Capital. Indeed, last year Senegalese startups raised...

  • Top startup events in South Africa, Africa you should know about this week [19/11/2018] [Updated]

    UCT's Graduate School of Business Solution Space will this week host a digital solutions pitch night on Tuesday (20 November). Earlier on the same day, the Solution Space will also host a learning lunch workshop on the relationship between social media and income generation. In East Africa, Enpact mentor Moses Acquah will tomorrow (19 November) explore common mistakes entrepreneurs make -- and how you can avoid them -- as well as discuss key attributes entrepreneurs should look for in an investor. For those in Lagos, CapitalSquare Ikoyi will on Tuesday (20 November) host a fireside chat with LifeBank Nigeria partnerships and growth lead Ifeoluwa Olokode. This article...

  • France’s Proparco to deploy €50m in Africa’s tech ecosystem from 2019 [Updated]

    UPDATE: (16 November): An earlier version of this article stated that Proparco will deploy the €50-million in 2019. Proparco communication’s adviser Romain Esperon subsequently clarified to Ventureburn that while Proparco had earmarked €50-million -- only part of the amount will be deployed next year.  It is not clear over what period the fund aims to deploy the full amount. French development finance institution Proparco aims to deploy €50-million into Africa's tech ecosystem, its Southern Africa and Indian Ocean regional head Siby Diabira has revealed. Diabira (pictured above) told Ventureburn in Cape Town yesterday at tech conference AfricArena, that the €50-million commitment forms part of the €65-million French Development Agency (AFD) fund announced...

  • Here’s why the World Bank Group moved to launch the Afrique Excelle programme

    A small turnout by francophone startups at the World Bank's XL Africa accelerator last year could be the reason why the organisation has moved to launch a francophone version of the same programme, Afrique Excelle. Only one francophone startup -- Senegalese mobile classifieds platform CoinAfrique -- made it into last year's XL Africa programme. The World Bank Group's InfoDev programme manager Ganesh Rasagam said at the time that over 900 startups from across the continent had applied to participate in the programme, with an independent panel of experts eventually selecting the 20 startups that participated in the accelerator. Five were Kenyan, nine were Nigerian, three were...

  • Joburg based insurance platform Franc Group wins 2018 Seedstars SA finals

    Johannesburg based self-insurance platform Franc Group was earlier this evening (14 November) crowned the winner of the 2018 Seedstars SA finals. The startup -- which earlier this month won the Seedstars Johannesburg pitch event -- came first ahead of property tech startup HouseMe which was placed second and peer-to-peer storage and parking platform Sxuirell which was placed third. Seven startups in all pitched. A jury comprised of Naspers Ventures strategy manager Minette Havemann, Nedbank head of disruption and innovation Stuart van de Veen, Seedstars regional manager for Africa Claudia Makadristo and Hybr partner Vuyisa Qabaka (pictured above, right with Franc Group founder and CEO Thomas Brennan)...

  • BREAKING: French media group Trace acquires stake in Senegal’s CoinAfrique

    Paris-based media group Trace today (14 November) announced that it has acquired an undisclosed stake in Senegalese mobile classified platform CoinAfrique. Today's announced deal is the third reported deal that the Senegalese startup -- which was founded in 2014 and launched in 2015 by Matthias Papet and Eric Genêtre -- has been involved in this year. The startup has developed one of the first mobile marketplaces for French-speaking Africans with operations in at least 15 countries across francophone Africa. Commenting in an earlier statement, Papet and Genêtre said the deal confirms the "strength of our growth model" and highlights the opportunity to create a pan-African francophone leader in the classifieds...

  • Google Play to train African developers on how to grow successful businesses

    The Google Play team is due to hold a Developer Day this month in Cape Town where it will train app and games developers based in Sub-Saharan Africa on how to grow successful businesses on Android and Google Play. The Google Play Developer Day is set to take place on 28 November during Africa Games Week. 📢 Calling all #AndroidDev based in Sub-Saharan Africa. Join this exclusive event to learn how to create quality apps and games, innovate, and grow a global business on #Android and #GooglePlay. — Google Play Apps & Games (@GooglePlayDev) November 5, 2018 At the exclusive invite-only event, members of Google Play...

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