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All posts by Staff Reporter

  • SA entrepreneur Vinny Lingham joins US cryptofund Multicoin Capital as partner

    South African entrepreneur Vinny Lingham has joined US cryptofund Multicoin Capital as a general partner. The fund, which invests in blockchain tokens, made the announcement yesterday. The company said the announcement closely follows the official launch of a planned $100-million fund, and the addition of Brian Smith as Chief Financial Officer in September. "Vinny Lingham is a South African entrepreneur and the co-founder and CEO of Civic, a global decentralised identity platform that leverages blockchain technology and recently completed a $33-million token sale. "Lingham is also the co-founder of Silicon Cape, an NGO based in South Africa, and is a prominent investor. He is...

  • Being chosen by UK accelerator ‘validates product-market fit’ – GoMetro founder

    Coming hot off the heels of revealing that his startup aims to launch a new service that will compete with Uber and Taxify, GoMetro's founder Justin Coetzee says being accepted into the UK's Intelligent Mobility (IM) Accelerator, validates his startup's "product-market fit". The SA smart mobility startup was last month chosen as one of is one of six startups from across the UK (the SA startup has an office there) for the IM Accelerator based in Milton Keynes. The IM Accelerator -- a partnership in the UK between Transport Systems Catapult and Wayra UK -- aims boost high-growth startups in the mobility sector. During the 12-month accelerator programme GoMetro will be...

  • Top startup events in South Africa, Africa you should know about this week [04/12/2017]

    Looking to get into the South African startup scene or catch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Aerobotics one of three African startups selected for Launchpad Accelerator

    Cape Town-based aerial data analytics platform Aerobotics has been selected along with two Nigerian startups, Helium Health and Paylater, to join the fifth class of Google's Launchpad Accelerator next year. The latest cohort was announced yesterday by Google Developers Launchpad global lead Roy Glasberg and will kick off next year on 29 January 2018 at the Google Developers Launchpad Space in San Francisco. A total of 24 startups from Africa, Asia, Europe and Latin America have been selected to take part. The Nigerian contingent to the accelerator will be represented by Helium Health's electronic health record platform which claims to bring 10 times more efficiency to patient records...

  • SA legaltech startup NuvaLaw to set up in Holland, partner with insurance firms

    Cape Town legaltech startup NuvaLaw yesterday signed an agreement with The Hague Business Agency and other Dutch authorities to set up in Leiden, The Netherlands to initially partner with large insurance companies in the European country, especially in The Hague and Leiden. The startup is one of three South African companies that will open offices in The Hague region, the Hague Business Agency said in a press release. It follows an agreement signed yesterday by the three companies -- Hystead Limited, IoT.nxt, and NuvaLaw -- with the City of The Hague, The Netherlands Foreign Investment Agency (NFIA), The Hague Business Agency, and InnovationQuarter in Cape...

  • Sagarmatha Technologies launches $1m AI challenge for African startups

    One lucky African startup with a cutting edge artificial intelligence (AI) solution stands the chance to win an investment of $1-million from Cape Town based technology platform Sagarmatha Technologies, with the launch today of the AI Revolution Challenge. Sagarmatha Technologies said in a press release today, that the company will provide $1-million in development funding, as well as more than $2-million in marketing value-adds and prizes to the leading African AI startup. Applications for the challenge close on 31 March 2018 and a panel of AI investors and experts will select up to 20 startups for the final event, which will be hosted in South Africa in May next...

  • Eastern Cape’s Cortex Hub in call for 20 tech entrepreneurs to join incubator

    Are you a tech entrepreneur based in the Eastern Cape? Cortex Hub, an East London ICT business incubator and accelerator, has launched a call for 20 tech innovators to apply to join its 2018 cohort. Located at the East London Industrial Development Zone, the hub runs a 12-week long incubator from which participants can graduate into a 12-week accelerator programme. Applicants have until early January to submit applications. Those that miss the deadline or who don't get in can always try again when the next cohort opens its call -- which will likely fall between May and July next year. "We are looking for great minds...

  • Ovamba’s Viola Llewellyn to be first African female founder to speak at Slush

    Finnish tech innovation conference Slush has announced that Viola Llewellyn -- the co-founder and president of Cameroon-based fintech startup Ovamba -- is among the confirmed speakers at this year's event. The tw0-day conference kicks off tomorrow in Helsinki, Finland and is expected to draw about 20 000 attendants and will also be streamed live. This will be the first time that Slush will have a female African tech founder on its central stage. The founder will discuss how her startup aims to improve financial accessibility in Africa as well as the importance of financial services in emerging markets. "This is epic. Ovamba has worked hard to...

  • CDI opens third call for third round of seed fund, launches R12.8m Growth Fund

    The Cape Town based Craft and Design Institute (CDI) together with the National Treasury's Jobs Fund today launched a call for applications to a R12.8-million Growth Fund for craft, design, light manufacturing businesses and other sectors and opened a third call to innovators for its Design Innovation Seed Fund. Applications for both the seed fund and The Growth Fund close on 31 December 2017. Aimed at firms with over R1m assets CDI executive director Erica Elk said the Growth Fund is open to businesses with turnover or assets of more than R1-million with the ability to create permanent jobs. Businesses must be willing to create one permanent job...

  • Facebook to open its first African community hub space in Lagos next year

    Facebook has announced that it will partner with C0-Creation Hub (CC Hub) to launch its first African community hub, NG_Hub, next year in Lagos, Nigeria. In a statement made on 22 November 2017, Facebook stated that the hub will be a "multi-faceted creative space" where developers, startups and the wider ecosystem can collaborate, learn and exchange ideas. The hub will also host its own incubator programme in addition to training programmes and guest speakers. The announcement by Facebook follows Google's launch earlier this month of applications for its Launchpad Africa accelerator. Read more: Google opens applications for first cohort of Launchpad Africa accelerator Commenting on the announcement, Facebook's head of...