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All posts by Staff Reporter

  • Fintech startup Agro Supply reaps top honours at Seedstars Kampala

    Ugandan mobile micro savings platform Agro Supply has been selected as the winner of this year's Seedstars Kampala pitch event. Agro Supply's platform enables smallholder farmers save money for agricultural inputs. The company beat 10 other startups that pitched at the event that was held in the Ugandan capital last Friday (24 August). The startup will next year represent Uganda at the global Seedstars Summit in Switzerland where it stands to win up to $1-million in equity investments. Agro Supply was founded in 2016 by CEO Ogwal Joseph, who is also a 2017 graduate of the Tony Elumelu Foundation programme. In addition to helping startups save for agricultural inputs, the...

  • Top startup events in South Africa, Africa you should know about this week [27/08/2018]

    Tomorrow (28 August) the participants of the Rise Scalerator programme will share their journeys and how they hope to scale their startups at an event in Cape Town. If you're crazy about artificial intelligence, you'll want to attend Cape Town AI's next quarterly meeting on Thursday (30 August) which will focus on data quality. Those in Joburg looking to learn more about blockchain should attend Startup Grind Johannesburg's unique training session (heads-up -- early birds will get an opportunity to earn free coins). In East Africa? Then join Strathmore University deputy vice chancellor Vincent Ogutu on Thursday (30 August) an After Office Hours...

  • Village Capital taps 15 African tech hubs for VilCap Communities Africa initiative

    US-based venture capital firm Village Capital has announced the 15 incubators, accelerators and seed funds that it has selected for its VilCap Communities Africa programme. The initiative -- which aims to accelerate the flow of capital to early-stage companies in sub-Sahara Africa -- is supported by the Impact Programme (funded in turn by the UK Department for International Development). The 15 organisations (see below for the full list) were announced in a Village Capital blog post on Wednesday (22 August) and are set to participate in forums in Lagos and Nairobi before convening in Cape Town in November. The participants will learn and share best practices...

  • CiTi opens applications for Top Tech Tools for Women In Business programme

    The Cape Innovation and Technology Initiative (CiTi) is calling on women founders and company heads to apply for the incubator's 10-week long Top Tech Tools for Women in Business programme. The free programme, which kicks off on 19 September at the Khayelitsha Bandwidth Barn, is aimed at women founders and CEOs from the Western Cape between the ages of 25 and 50. CiTi entrepreneur development programme co-ordinator Nobuzwe Dolophini says the programme is designed to equip women with the knowledge, tools and "strategic mindset" to effectively integrate technology into their business. "We start from the basics of why and where you need a digital tool to improve...

  • Here’s what to expect at the 2018 SA Innovation Summit

    The SA Innovation Summit is set to take place between 12 and 14 September in Cape Town under theme Africa, our time has come! The summit will bring together corporates, government, academia, researchers, and entrepreneurs to unpack the biggest challenges on the continent, including the Fourth Industrial Revolution (Industry 4.0) and how it matters to the African economy. Organisers expect that 1500 delegates will attend the three-day conference. Some 50 keynote speakers will be addressing the effect of technology and innovation in different industries and applications, including agritech, fintech, biotech, edutech, artificial intelligence (AI), big data and space and cities of the...

  • Kenyan fintech Lendable secures $450k grant from Dutch development bank FMO

    Nairobi-based fintech Lendable has secured a $450 000 convertible grant from Dutch development bank FMO. In a statement today (23 August) FMO said the grant will provide a "first loss" backstop that is expected to unlock an additional $4.5-million from commercial investors. The convertible grant is being provided by the Dutch government through its MASSIF fund -- which FMO manages. The fund aims to support small businesses, inclusive enterprises, women as well as youth entrepreneurs by financing local financial intermediaries and other institutions that contribute to development. Lendable was founded in 2014 and has offices in Nairobi and New York Lendable was founded...

  • AI-based agritech solutions sought in Vivatech 2019 Challenge

    Vivatech and AfricArena are calling for African early-stage startups with artificial intelligence (AI) based agritech solutions to apply to the Vivatech 2019 Challenge. Applications for the challenge will close on 1 September. In order to be considered, applicants must have AI-based tech, products or services that include, among others: image recognition, soil and assets analysis, big data, remote sensors and connected machines . Entries of the Vivatech 2019 Challenge are set to close on 1 September The winner will get the chance to exhibit at French tech summit Vivatech 2019 in Paris. The second and third placed startups will get a pitching slot and two...

  • DEMO Africa announces top 30 finalists set to pitch at Casablanca conference

    Startup launchpad DEMO Africa has announced the top 30 finalists that will pitch at its seventh annual conference in Casablanca, Morocco this October. The announcement follows an innovation tour earlier this year that saw the DEMO Africa team hold pitch events across the continent to select startups to showcase at the Morocco conference. Before pitching at the Demo Africa 2018 showcase, which is set to take place on 18 and 19 October, the 30 will participate in virtual and physical bootcamps designed to prepare the startups for stakeholder engagements. DEMO Africa 2018 will take place between 18 and 19 October in Casablanca, Morocco The finalists...

  • Launchlab launches second season of 2018 LaunchLab Ideas Programme

    South African early-stage startups looking to validate their concepts or improve their technology offering are in luck. Stellenbosch University business incubator Launchlab today launched the second season of the 2018 LaunchLab Ideas Programme. The programme will be run together with partners Nedbank, Mercedes-Benz SA, WineTech and Santam and entries are set to close on 28 September. In a phone call today (22 August), Launchlab marketing assistant Helen Fortuin told Ventureburn that the second season of the programme will include new categories based on Nedbank, Mercedes-Benz SA, WineTech and Santam's focus areas. The second season of the Launchlab Ideas Programme will be the first time in seven years that the...

  • Just under two weeks left to apply for UNWTO Tourism Startup Competition

    Early-stage startups looking to enter the World Tourism Organisation's (UNWTO) first Tourism Startup Competition have just under two weeks left to submit applications. Applications for the competition -- which is being held in collaboration with Spanish tourist group Globalia -- are set to close on 3 September. The UNWTO Tourism Startup Competition is organised around four main focus areas, namely: the future of travel, tourism experiences, environmental impact and community development. Applications for UNWTO's first Tourism Startup Competition are set to close on 3 September Finalists will be selected based on business model, team profile, potential impact, scalability and sustainability, as well as how feasible and unique...