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All posts by Staff Reporter

  • Future Females opens applications for three-month virtual incubator

    Are you a female entrepreneur who believes they are ready to take the next big step in building a profitable dream business? Future Females, an international community of female entrepreneurs, has opened applications for this year's edition of the Future Females Business School.  The programme, which is priced at $749 for participants (or three monthly instalments of $269 each), is a three-month virtual incubator that supports entrepreneurs to start and grow profitable businesses online. Applications for the incubator -- which is powered by The Growth Academy -- will close next Friday (1 March), while the programme itself is set to...

  • SA fintech JUMO selected to join second cohort of Google Launchpad Studio

    Fresh off raising a whopping $64.5-million last year, fintech startup JUMO today announced its participation in the second session of Google’s Launchpad Studio. The startup's financial technology platform connects underserved markets with financial services. In 2017 the startup -- which was founded by South African Andrew Watkins-Ball in 2014 -- became the first SA startup to be selected for Google's prestigious Launchpad programme (see this story). Established in 2017, Launchpad Studio is a fully-tailored product development acceleration programme that gives selected startups the unique opportunity to work hand-in-hand with Google’s artificial intelligence (AI) and machine-learning (ML) research and development teams, with access...

  • Crypto exchange platform Coindirect raises €1m in round led by Concentric

    Cryptocurrency exchange platform Coindirect today announced that it has raised €1-million in an investment round led by London-based investor Concentric. Coindirect, which is registered in the Isle of Man and was founded in 2017 by South Africans Donald Jackson, Jesse Hemson-Struthers, Nicholas Haralambous, and Stephen Young, claims to have 40 000 users in South Africa. In a statement earlier today (21 February) Coindirect said London-based crypto firm Blockchain.com and US-based MakerDao also participated in the investment. Coindirect plans to use the investment to further expand across Africa and Europe, supported by partnerships with Blockchain.com and MakerDao. "In the immediate future we're looking...

  • Here are the 50 regional finalists of the 2019 MEST Africa Challenge

    MEST, the Pan-African training programme, seed fund, incubator and hub for tech entrepreneurs in Africa, has announced the 50 regional finalists of this year's MEST Africa Challenge. The winner of the pitch competition, which is now in its second year, stands to receive up to $50 000 in equity investment from MEST and space in a MEST incubator. The finals of the challenge will be held at the 2019 MEST Africa Summit which will take place between 10 and 12 June in Nairobi, Kenya. In a post on Medium yesterday (20 February), MEST said this year's challenge had attracted over 1000 applications. Following the...

  • Biotech incubator OneBio opens applications to SA, Zim startups

    Cape Town based biotech incubator OneBio has opened applications for its six-month incubation programme to South African and Zimbabwean startups. OneBio is an initiative of the Cape Innovation and Technology Initiative (CiTi) in collaboration with the Centre for Proteomic and Genomic Research (CPGR). The programme, which is also being run in partnership with Zimbabwean innovation hub TechVillage, is funded by the Finnish government through the Southern African Innovation Support Initiative (SAIS). Applications for the programme will close at midnight on 10 March, while shortlisted applicants will be contacted for an interview by 15 March. OneBio's six month incubation programme...

  • Here are the SA finalists of the 2018-2019 Startupper of the Year challenge

    French oil and gas giant Total has announced the names of the 13 SA finalists in the second edition of the company's Startupper of the Year challenge. The challenge -- which was launched in 2015 and is held in 55 countries around the world -- aims to support ideas and projects that help address a widespread problem affecting communities in participating countries. As part of the challenge, three winners from each participating country will receive financial support, publicity and coaching. Total will also select six regional winners who will be offered additional support. The winners of the 2018-2019 Startupper of the...

  • SBC AfriTech, RCS to host Future Cities Hackathon in Cape Town

    Do you have an innovative and disruptive tech-based solution for water pollution and sanitation, sustainable cities and communities, as well as smart mobility? Cape Town based tech accelerator Startupbootcamp AfriTech (SBC AfriTech) has partnered with financial services provider RCS to host the Future Cities Hackathon in Cape Town on 1 and 2 March. The impact-oriented hackathon aims to solve three UN Sustainable Development Goals (SDGs) -- namely SDG 6 Clean water and sanitation, SDG 11 Sustainable cities and communities and SDG 14 Life below water. The Future Cities Hackathon aims to solve for three UN Sustainable Development Goals In a statement last Wednesday...

  • Applications for Jack Ma’s Africa Netpreneur Prize to open in March

    Applications for the inaugural $10-million Africa Netpreneur Prize will open on 27 March and close on 30 June, the Africa Netpreneur Prize Initiative (ANPI) announced today. This, after the earlier application date was moved from 15 January. It's not clear why the date was moved forward.  The prize is an initiative of the Jack Ma Foundation. Over the next 10 years, the ANPI will host a pitch competition where 10 finalists from across the continent will compete for $1-million in total prize money. In addition, all 10 finalists will receive grant funding from the Jack Ma Foundation, as...

  • Top startup events in South Africa, Africa you should know about this week [17/2/2019]

    On Wednesday (20 February), Heavy Chef will host an event at Workshop 17 on how businesses can kick start their brand awareness and amplify their customer acquisition strategy. A similar event will also be held in Joburg on Tuesday (19 February). Two events of note take place in Johannesburg this week. The first is the Africa Energy Indaba on Tuesday and Wednesday (19 and 20 February) in Sandton. Looking to scale your business? Then you'll want to check out The Business Show on Wednesday and Thursday (20 and 21 February) at the Gallagher Convention Centre. In Cairo, the first heat of...

  • Inclusive Fintech 50 initiative launched to identify top financial inclusion startups

    The MetLife Foundation and digital payments giant Visa have partnered to launch the Inclusive Fintech 50 competition which aims to recognise the world's top 50 early-stage fintech startups that contribute to financial inclusion around the globe. The competition -- which is held in partnership with global non-profit Accion and World Bank global development institution IFC -- will be implemented by MIX, the global data resource for socially responsible investors and businesses focused on inclusive finance. Applications will close on 8 March, while winners will be selected in May and announced in June. The Inclusive Fintech 50 competition aims to recognise the...

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