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All posts by Staff Reporter

  • VC4A in search for eight high-growth startups to showcase at investor summit

    Venture Capital For Africa (VC4A) is calling on disruptive African scale-ups that are looking to raise Series A funding of between $250 000 and $5-million to apply for its VC4A Venture Showcase - Series A. Interested startups have until 20 August to apply. VC4A will showcase the top eight startups at the Africa Early Stage Investor Summit which will take place on 11 and 12 November in Cape Town. VC4A will through the VC4A Venture Showcase -Series A platform select eight startups to pitch at the Africa Early Stage Investor Summit The eight selected startups will each be offered an all-expenses-paid trip to...

  • Third annual MEST Africa Summit now underway in Cape Town

    The third annual MEST Africa Summit is now underway in Cape Town. The conference, which kicked off last night, will see investors, corporates and startups discuss the challenges and opportunities for startups as they scale to new African markets. Over 200 attendees from over 40 countries are expected at the summit, which takes place at Avenue Cape Town, a conference venue in the Waterfront, to listen to over 65 speakers. These include among others, MTN CTO Herman Singh, Facebook's Europe Middle East and Africa director of platform partnerships Julien Decot and Merck Accelerator head Munya Chivasa. The last day of the MEST Africa Summit will...

  • As selection date nears 22 shortlisted for Startupbootcamp Cape Town accelerator

    Startupbootcamp (SBC) Africa has announced the names of the top 22 startups selected to attend selections days for the organisation's Cape Town accelerator. This is the final step in the selection process before SBC Africa next month announces the final 10 startups that will take part in its second Startupbootcamp Cape Town accelerator. The acceleration programme kicks off in August. In a statement yesterday (18 June), SBC Africa co-founder and CEO Philip Kiracofe said selecting the finalists had been "an intense process due to the exceptionally high calibre of startups applying to the programme from across the continent". "From 1004 applications we have managed to narrow...

  • Top startup events in South Africa, Africa you should know about this week [18/06/2018]

    This week's highlight is the MEST Africa Summit which kicks off today (18 June) with a drinks reception at MEST's Incubator in Cape Town. The two-day summit will feature talks from some of the leaders and important actors in Africa's tech startup ecosystem. If you're interested in food and mobility solutions and are in Senegal you will want to attend the Dakar Food and Mobility pitch on Wednesday (20 June). In Nigeria one of the biggest events of the week is IBM's Blockchain Session which will explore blockchain use cases. For those in Kenya check out the WhatsGood workshop on data...

  • This is how Ventureburn will celebrate African tech startups this World Cup

    The 2018 Fifa World Cup kicks off today. This year's tournament stands out from previous editions as for the first time video assistant referees will use tech to decide penalties, goals and red cards. More importantly, Africa has a contingent of five countries -- Nigeria, Egypt, Senegal, Morocco, and Tunisia -- participating in what many deem as football's showpiece event. Possibly the biggest question on every African football fan's mind is whether an African team will make history by making it to the semi-finals Nigeria, Egypt, Senegal, Morocco, and Tunisia are representing Africa 2018 Fifa World Cup To join in the fun, between tomorrow (15 June) and...

  • Ugandan behind malaria test kit wins Africa Prize for Engineering Innovation

    Uganda software engineer Brian Gitta has been crowned the winner of the £25 000 Africa Prize for Engineering Innovation for his Matibabu malaria test kit that enables users to conduct tests without having to draw blood. Gitta's test kit -- which uses a laser to detect changes in the shape, colour, and concentration of red blood cells, all of which are affected by malaria -- was selected ahead of three other finalists whose innovations included a tamper-proof electricity meter, and a textbook-sized mini-science lab. The Matibabu malaria test kit uses a laser to detect changes in the shape, colour, and concentration of red blood cells,...

  • Here’s a breakdown of top 130 applicants for 2018 Startupbootcamp Cape Town

    Startupbootcamp (SBC) Africa has narrowed down the list of the over 1000 applications it received for its upcoming Startupbootcamp Cape Town accelerator to 130 applications. Just over a third of these hail from West Africa, SBC Africa chief investment officer Zachariah George (pictured above) revealed earlier this week. The accelerator programme will kick off in August. SBC Africa will select 10 startups for the programme — which will be announced on 13 July. On Tuesday, George said startups from 77 countries across the world had applied to join the three-month long accelerator programme, with 87% of them from Africa. SBC Africa stated that this year's...

  • Paper Video founder could teach mom Helen Zille thing or two on disruption

    Like mother, like son. Western Cape premier Helen Zille once served as an education minister in the province. Now years later her son, former maths teacher Paul Maree is making waves as an edtech entrepreneur. Maree runs edtech startup Paper Video which he launched with another former teacher Chris Mills in 2015. The Cape Town based startup provides extra teaching material on its online platform, as well as offline content through microSD cards. The company, which works with several non-governmental organisations such as Edunova and AVA, is already making waves. Last year the startup represented South Africa at the Global Edtech Startup Awards finals in London and...

  • Seedstars opens call for Zimbabwean startups to pitch at Harare event

    One of the world’s largest emerging market competitions for tech startups Seedstars World has opened a call for startups from Zimbabwe to apply to take part in a pitching event on 29 June at Impact Hub Harare. Seedstars made the announcement yesterday in a press release. The winning startup will have the opportunity to compete at the Seedstars Summit, that takes place annually in Switzerland, where the winner there stands the chance of getting up to $1-million in equity investment. For the Seedstars Harare event, the organisation's team will shortlist 10 startups. The 10 startups selected will give a five-minute pitch in English, in front of...

  • CDI Capital launches new application round for R12.8m Growth Fund

    The Craft and Design Institute (CDI) has opened a new round of applications for its R12.8-million Growth Fund which aims to help 60 small businesses scale up and create jobs. Applications close on 29 June. The Growth Fund is managed by CDI Capital -- which was incorporated as a CDI subsidiary in 2016 to catalyse funding for SMEs -- and includes contributions from the National Treasury’s Jobs Fund, the Technology Innovation Agency, and the Western Cape Department of Economic Development and Tourism. To be eligible for the fund, businesses must be at least one year old, tax compliant South African-owned and have turnover or assets...

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