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All posts by Staff Reporter

  • Agritech startup Bandim Online wins Seedstars Bissau

    Bissau-Guinean agritech startup Bandim Online has been selected ahead of four other startups as the winner of last Saturday's Seedstars Bissau pitch event. In all, five startups --Inovsat GW, Ubuntu 2S, Get Knowledge and Instituto Guineense de Opinião Publica e Estatística (Igope) -- pitched at the event which took place on Saturday (29 September). Bandim Online was placed first for its agritech solution which aims to mitigate producer losses by getting products to market quicker and with the best prices. Cleantech startup Ubuntu and opinion platform Igope placed second and third, respectively. Bandim Online will now represent Guinea-Bissau at Seedstars Summits in Switzerland and Tanzania Bandim Online will next year represent Guinea-Bissau at...

  • Opinion platform WenaData comes out tops at Seedstars Maputo

    Opinion platform WenaData has emerged as the winner of this year's edition of Seedstars Maputo. The platform, which launched last December, aims to make it easier to collect statistical data in Mozambique by rewarding survey and poll participants through a points and rewards system. Since its launch, the Maputo-based platform claims to have conducted over 270 polls and 16 surveys. WenaData was placed first ahead of insurtech Umbrella and New Tech Lab's Agrolink marketplace which placed second and third respectively. WenaData claims on its website to have conducted over 270 poll and 16 surveys since its launch last year In all, 10 startups were selected...

  • Top startup events in South Africa, Africa you should know about this week [1/10/2018]

    Startup Grind Cape Town will kick start October by hosting Africa Women Innovation and Entrepreneurship Forum (Awief) CEO Irene Ochem this Wednesday (3 October). If you're a poker fan, specifically Texas Hod'em, then you'll want to attend a First Thursday Poker event for startups and entrepreneurs taking place in Cape Town on 4 October. There's a R100 buy-in and a R100 entrance fee. In Joburg? YDIDI youth network founder Neo Rantele Kuaho will discuss how he reached his first million in turnover at THUD event taking place on Wednesday (3 October). This article is part of a weekly series that highlights all the top startup...

  • Here are the five SA innovators tapped for All Africa Business Leaders Awards

    Five SA innovators behind some of the country's most innovative startups and social enterprises have been named as finalists of the eighth All Africa Business Leaders Awards (AABLA). The five, along with other Southern Africa finalists, were announced at an event last week in Rosebank, Johannesburg. The awards, which are this year held in partnership with news channel CNBC Africa, honour remarkable leadership and salute game changers for their continuing commitment to excellence, developing best practices and innovative strategies. The  All Africa Business Leaders Awards Grand Finale will take place at a gala dinner in Johannesburg on 29 November The finalists were selected by...

  • Here are the five startups set to pitch at tomorrow’s Seedstars Bissau event

    Seedstars World, one of the world’s largest startup competitions, has announced the five Bissau-Guinean startups that will pitch at tomorrow's Seedstars Bissau pitch event. Judges set to preside over the event include: Bruni Jawad, director general of investment promotion in the Government of Guinea Bissau, Seedstars World francophone Africa business development associate Fanny Dauchez, Orange Bissau director of marketing and communication Cheikh Tidiane Sarr, as well as UNDP chief technical adviser for local development Angela Abdula. The winner of the pitch event -- which takes place tomorrow (29 September) at the CEIBA Hotel -- will win an all-inclusive trip to attend the Seedstars Summit in...

  • L’Oréal makes undisclosed investment into Partech Africa fund

    French cosmetics giant L’Oréal has made an undisclosed investment into Paris-based global venture capital firm Partech's Africa fund. In a statement last Friday (21 September), L’Oréal executive vice-president for Eastern Europe, Middle East and Africa Alexandre Popoff said the company, in collaboration with Partech's Africa Fund, wants to back "talented entrepreneurs" who invent new technological uses in all areas distribution and consumption. "L’Oréal is very happy to contribute to the development of young companies in Africa and to seize what is starting," said Popoff. L’Oréal did not disclose the size of its investment into the $122-million Partech Africa fund which Partech launched with commitments of $70-million in January L’Oréal...

  • African innovation scores wins at 2018 MIT Solve Global Challenge finals

    At least nine African-based startups and projects have been selected to join the 2018 MIT Solver class after scoring wins at last week's MIT Solve Global Challenge finals. In all, 33 Solver teams were selected at an event held in New York on Sunday (23 September). Each of the members of the Solver class will benefit from $10 000 in funding as well as mentorship and support from the Solve community. The class will over the next year collaborate with Massachusetts Institute of Technology (MIT)’s Solve initiative on their solutions. Massachusetts Institute of Technology (MIT)’s Solve initiative seeks to crowd-solve four global challenges — economic prosperity, health, learning, and sustainability — through open innovation. Nine African-based...

  • Zambian tech hub Bongo Hive announces Launch Accelerator’s eighth cohort

    Lusaka-based tech and innovation hub Bongo Hive has announced the nine startups that it selected to join the eighth cohort of its six-month long Launch Accelerator. The accelerator is aimed at startups that want to scale. The accelerator provides participants with co-working space, mentors and access to legal consultants as well as accountants. The nine startups selected have developed solutions that range from cleantech, real estate, media and edtech. Bongo Hive's Launch Accelerator is aimed at startups looking to gain traction to scale They are: tech company PayitApp, food and beverage startup Burger Queen, woman-focused and talent management agency Phat Media, healthtech Dawa, hair retailer Merci,...

  • SA startup Kandua announces partnership with French retailer Leroy Merlin

    Johannesburg-based artisan marketplace Kandua has announced that it has launched a partnership with French home improvement retailer Leroy Merlin to provide the retailer's customers with access to Kandua's contractors. Kandua's online platform connects home owners and building maintenance managers with rated and vetted artisans. The startup was founded in 2014 by Arjun Khoosal, Sayo Folawiyo and Lucas Du Toit. Kandua, formerly known as ID Work, first mentioned the partnership to Ventureburn in May (see this article) when Khoosal stated that the company had closed an agreement with the French company. Kandua connects home owners and building maintenance managers with rated and vetted artisans In an announcement...

  • Over 200 business heads attend Nedbank, Plug and Play’s The Disruption Agenda

    The Disruption Agenda -- a new platform initiated by SA bank Nedbank in partnership with Silicon Valley accelerator Plug and Play -- saw over 200 top business leaders and innovation thinkers attend a launch event held last week. The platform is aimed at connecting leading global and local innovation talent to leaders ready to implement disruptive technologies. Those startups that were showcased at last week's event were: Koniku, Sentiance, LifeQ, Wasteless, Trueface AI, Aerobotics, What3Words, Dispel, IoT.nxt and GotBot. The two-day event was structured into deal-flow sessions on the first day where 30 of Nedbank Corporate and Investment Banking’s top clients engaged with 10 of the most innovative startups sourced with the help of Plug...