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All posts by Staff Reporter

  • Applications open for 2018 Westerwelle Young Founders programme

    Berlin based non-profit the Westerwelle Foundation has opened applications for its Autumn 2018 Westerwelle Young Founders Programme. Entries close on 25 June. The initiative is aimed at young entrepreneurs from developing and emerging economies. As part of the programme, 25 innovators will participate at the Young Founders Conference set to take place from 16 to 20 October in Berlin. In a press release to Ventureburn today (15 May) Westerwelle Foundation programme manager Christoph Rohde said the programme's aim is to "support young founders in strengthening their companies, connecting them with other outstanding entrepreneurs as well as the German startup scene and thereby...

  • African Innovation Foundation announces that Rwanda will host this year’s IPA

    The African Innovation Foundation (AIF) in collaboration with the Government of Rwanda announced today that Rwanda will host the 7th annual Innovation Prize for Africa (IPA). Aimed at recognising and connecting African innovators and entrepreneurs with key innovation ecosystems enablers, this year's edition of the IPA will take place on 11 and 12 October at Kigali Convention Center in Rwanda. Besides a host of exciting side events and brand new initiatives for Africa by Africans, IPA 2018 will offer a number prizes and incentives to winners and nominees, including a grand prize of $100 000. The AIF in January closed its application...

  • MEST Africa announces four regional winners that will pitch in $50k challenge

    Seed fund and incubator MEST Africa has announced the four regional winners of its inaugural MEST Africa Challenge. The pitch competition will see the winners -- who hail from Ghana, Kenya, Nigeria and South Africa -- pitch at the MEST Africa Summit which takes place in Cape Town on 20 June. The four companies will pitch their solutions to over 150 investors and corporate executives from across Africa, Silicon Valley and Europe and stand to win up to $50 000 in equity investment. The four MEST Africa Challenge regional winners are Cowtribe, Data Integrated, Accounteer, and swiftVee In a press release, MEST MD Aaron Fu (pictured...

  • Logistics services marketplace Optimalogistic wins Seedstars Tunis

    Logistics services marketplace Optimalogistic has been crowned the best startup in Tunisia after it won the Seedstars Tunis pitch event. Optimalogistic was one of eight startups to pitch at the event which was held at the Mediterranean School of Business last Friday (11 May). Read more: Here are the 8 startups pitching at the Seedstars Tunis pitch event The startup was founded in 2016 and connects users to those renting out trucks and other construction equipment. The startup's founders include CEO Mohamed Ben Slima (featured above, second from left) and CTO Maher Chakroun (featured above, second from right). The startup is currently one of seven participants in Tunisian accelerator...

  • How fintechs can help tackle financial inclusion in Africa [Sponsored]

    The year 2016 was a pivotal one for electronic payments as for the first time such payments surpassed the use of cash. The change has taken place on the back of non-traditional players having injected new ideas and technologies into the traditional payments ecosystem, further expanding the reach of digital payments around the world – and increasing consumer expectations for seamless experiences. What has emerged as a result are economies that are increasingly cashless, with an anytime, anywhere commerce mindset. As payments become untethered from a place or point of sale (POS) and become increasingly embedded in apps, devices, appliances and the growing Internet of...

  • Top startup events in South Africa, Africa you should know about this week [14/05/2018]

    Looking to get into the South African startup scene or brush up on some of your skills? Well, you’ve come to the right place. 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 next week’s, please let us know in the comments below or send us an email. Not all of the events are free and some will require booking in advance. Please click on the event names to find out...

  • Here are the 8 startups pitching at the Seedstars Tunis pitch event

    Eight of Tunisia's best startups will today duke it out in front of an investment panel in the country's capital at the Seedstars Tunis pitch event. The pitch event, which will be held at the Mediterranean School of Business, will see the winning startup participate in the regional Seedstars Summit later this year. In addition, the winning startup will attend the global Seedstars Summit in Lausanne, Switzerland next year where they stand to win $1-million in funding. The eight startups pitching at Seedtsars Tunis include biotech, medtech, edtech and fintech companies Here are the startups that will pitch at Seedstars Tunis; Toufoula Kids: This content editor...

  • Here are the four startups selected for CcHub’s 2018 incubation programme

    Lagos-based Co-Creation Hub (CcHub) has announced the four companies selected to join its 2018 incubation programme. The startups -- which were selected from an applicant pool of 500 startups from across the continent -- were announced yesterday (10 May) in a post on CcHub's website. In the post, the hub said it will over the next year work with each of the startups to help them gain traction, access funding and guide them on how to build sustainable business. One of the four startups selected from CcHub's 2018 cohort is from Sierra Leone, the other three are Nigerian The companies will each receive...

  • On-demand home nursing service 7kemma wins Seedstars Cairo

    7kemma, an on-demand home nursing service, has won Seedstar's first African pitch event at Seedstars Cairo ahead of five other startups. The pitch event was held last week Friday at Seedspace Cairo and kicked off Seedstars World's tour of startup scenes in emerging markets in Africa. Read more: Seedstars to launch hub in Cairo, kick off first Seedstars competition pitch A jury comprised of Seedstars World MENA regional manager Meghan Warner, Averroes Ventures venture capital associate Mohammed Assad, Kamelizer CEO Hanan Abdel Meguid, Algebra Ventures managing partner Karim Hussein, and CIB head of digital ventures and strategic alliance Nosha Shaker crowned 7kemma the winner at...

  • 90 innovation hubs endorse the African Innovation Policy Manifesto

    The first African Innovation Hub Convention has culminated in 90 innovation hubs from the continent endorsing the African Innovation Policy Manifesto. The convention took place this week at Impact Hub Kigali in Rwanda on the sidelines of the Transform Africa Summit. In an email to Ventureburn today (10 May) i4 Policy's Bankole Oluwafemi described the convention as a success. 'The 90 innovation hubs that have endorsed the African Innovation Policy Manifesto represent more than 450 000 innovators across 32 countries' The manifesto was created by a group of 48 ecosystem leaders from 25 African countries who then circulated it to their peers. "The critical outcome being...

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