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All posts by Staff Reporter

  • Snapplify to represent SA at next year’s Global Startup Edtech Awards finals

    Cape Town based edtech Snapplify is heading to the Global Startup Edtech Awards finals in London -- which take place in January next year. This, after coming out tops in the awards' SA semi-finals last Thursday (15 November). The semi-finals -- which took place at the Bandwidth Barn in Cape Town -- were hosted by edtech incubator Injini, The British High Commission and the Western Cape provincial government. The event also featured a semi-final track for startups from the continent. The winners were selected by a panel made up of the Consul general of the British Consulate in Cape Town Ben Boddy, CiTi head of innovation...

  • Here are the 11 AfricArena 2018 partner innovation challenge winners

    Eleven African startups will get the chance to work with big companies such as RCS and AirFrance KLM and French accelerators such as VivaTech and FSAT Labs. This, after the 11 were announced as winners of various partner innovation challenges during the last day of the tech conference AfricArena in Cape Town, last Friday (16 November). In addition, each of the winning startups -- along with all other startups that attended the conference -- will also receive $2000 worth of credits from Amazon Web Services (AWS). As part of winning the challenges the startups will get the chance to work with the event's sponsors, namely: RCS, Saint-Gobain, AirFrance KLM,...

  • Gambian agri-business platform Money Farm wins Seedstars Banjul

    Gambian agri-business platform Money Farm has been selected as the winner of last Saturday's (17 November) Seedstars Banjul pitch event. Money Farm, which was founded by CEO and founder Modou N'jie (pictured above) in July, provides Africans in the diaspora and other investors around the world with potential agri-investment opportunities in Africa. Kameko was placed second for its Ryde Africa Taxi mobility solution while Nesthet was placed third for its mobile clinic service. Money Farm will now represent Gambia at the Seedstars regional and global summits By winning Seedstars Banjul, Money Farm will go onto represent Gambia at the Seedstars Africa summit in Tanzania next month and the global summit in Lausanne, Switzerland...

  • Kalon Venture Partners, Compass Capital invested $500k in FinChatBot [Updated]

    SA venture capital firm Kalon Venture Partners and Mauritius-based VC Compass Capital today revealed that the investment that the two made last week in SA financial services chatbot providers FinChatBot -- was $500 000 (over R7 million). It follows an announcement made on Thursday last week (15 November) by the two investors during the AfricArena 2018 tech conference in Cape Town, that they had made an undisclosed investment. FinChatBot  develops chatbots to help financial service providers acquire and retain customers through artificial intelligence (AI) powered conversations. So far the startup has developed and services chatbot experiences for more than 10 top insurance companies and banks in South Africa. The startup -- which was...

  • Kenya’s Twiga Foods secures $10m investment from IFC, TLcom

    Kenyan mobile-based B2B distribution platform Twiga Foods has secured a $10-million investment from the International Finance Corporation (IFC), venture capital firm TLcom and the Global Agriculture and Food Security Programme (GAFSP). The startup's previous investors Wamda Capital, DOB Equity, 1776 and Adolph H Lundin also participated in the round. In a statement yesterday (15 November) the IFC said its regional head for venture capital in Africa Wale Ayeni and TLcom managing partner Maurizio Caio will join the Nairobi-based startup's board as part of the deal. Twiga Foods uses mobile phone technology to match supply and demand, aggregating market participants and finding buyers for farmers’ produce. In addition, the startup's web platform...

  • Meet the winners of the Feed the Future Fall Armyworm Tech Prize

    Nairobi-based startup Farm.ink has clinched the $150 000 grand prize of the Future Fall Armyworm Tech Prize. The announcement was made yesterday (15 November). The US Agency for International Development (USAID), Land O'Lakes International Development, and the Foundation for Food and Agriculture Research announced the six winners of the Feed the Future Fall Armyworm Tech Prize yesterday at tech conference AfricaCom in Cape Town. The prize, launched in March, sought digital innovations that could help farmers manage the recent spread of fall armyworm -- a voracious agricultural pest -- in Africa. Kenya's Farm.Ink clinched the $150 000 grand prize of the Future Fall Armyworm Tech Prize Following a competitive...

  • View the full 2018 Ventureburn Tech Startup Survey presentation

    The 2018 edition of the Ventureburn Tech Startup Survey powered by Telkom Futuremakers, has uncovered a host of detailed insights into the South African startup landscape. From sources of funding and racial breakdowns to the most successful sectors, the survey covered a variety of topics. We have plenty of articles on Ventureburn, but find our comprehensive report embedded below. More information on the Ventureburn Startup Survey: Gauteng home to most tech startups, but Cape firms still more successful – survey SA startups with combination of male-female founders most successful – survey Black tech startups in SA still struggling finds new Ventureburn survey SA tech startups...

  • Infographic: the 2018 Ventureburn Tech Startup Survey

    The 2018 Ventureburn Tech Startup Survey, powered by Telkom Futuremakers, has delivered plenty of insights into the South African startup landscape. The survey, following on from last year's edition, saw 153 South African startup founders respond. But what should you know? You can view all the articles here, but we’ve also prepared an infographic for your convenience, outlining a selection of findings. Check it out below.   *Note on the methodology the survey used: In all there were 169 respondents to the survey which was conducted using an online questionnaire, by data analytics firm Qurio. Of this number, 16 respondents were found to be employees of startups (rather than...

  • Here’s all you need to know about the Africa Innovation Challenge 2.0

    US-based pharmaceutical company Johnson & Johnson has launched the second edition of its Africa Innovation Challenge and is calling on innovators from across Africa to submit their entries before 16 January. This year's edition -- which was launched last Thursday (8 November) during the Africa Women Innovation and Entrepreneurship Forum -- aims to address the critical unmet needs of local communities in Africa while providing local entrepreneurs with support to create innovative healthcare products and services. Africa Innovation Challenge 2.0 includes six categories, which aim to address significant threats to Africa's health care systems and environment. These are: botanical solutions, mental health, packaging innovations, health...

  • Here are the 14 winners of the 2018 AppsAfrica Innovation Awards

    Tech advisory service AppsAfrica.com has announced the winners of the 2018 AppsAfrica Innovation Awards following its annual awards party held in Cape Town on Monday (12 November) evening. The awards -- which are now in their fourth year -- aim to celebrate the best in African mobile and tech, from both corporates and startups across 14 categories. In a statement yesterday (13 November), AppsAfrica.com said this year's edition attracted over 300 entries from more than 39 countries across the continent. All 14 winners will be invited to attend next year's Africa Tech Summit in Kigali on 15 February next year. This year's winners hail from...

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