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All posts by Staff Reporter

  • Less than month to apply for Solution Space programme valued at R300k

    The UCT Graduate School of Business's Solution Space is offering 15 lucky startups incubation to the value of R300 000 in advisory services, mentorship, and co-working space per startup. Entrepreneurs have just less than a month left to apply to its 2018 Venture Incubation Programme (VIP) winter school based in Cape Town. Applications for the 15 available spots close on 1 July. In addition to the business support, selected startups stand to gain access to MTN APIs, the MTN Service Delivery Platform, as well as access to MTN's technical experts and mentors. The 12-week long winter school, which will start on 3 September and...

  • AppsAfrica opens entries for 2018 Innovation Awards

    Tech portal and advisory service AppsAfrica.com has opened entries for the 2018 AppsAfrica Innovation Awards set to be held on 12 November in Cape Town. Applications close 7 September, with finalists set to be announced on 8 October. The annual awards now in their fourth year, are open to startups and corporates which have launched services in at least one market in Africa, aim to celebrate the mobile and tech innovation on the continent. In addition, gaining global publicity, industry recognition and the opportunity to network with about 300 industry peers, this year's winners will also be invited to Africa Tech...

  • Top startup events in South Africa, Africa you should know about this week [4/06/2018]

    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...

  • All you need to know about AfricArena’s current open innovation challenges

    AfricArena, the international African startup and investor conference, currently has six challenges that entrepreneurs from across the continent can apply to. Two close this week. So, you better hurry, if you want to apply. Last month AfricArena entered into a partnership with French tech conference VivaTech. The agreement has culminated in the two partnering to run a joint challenge for African startups which will see the top three finalists pitch at the Cape Town summit. Specifics of that challenge have as yet been released. In the meantime, entrepreneurs can apply to the following six challenges which AfricArena has already released details on. Here...

  • ‘$1.1m funding will help Piggybank.ng to capitalise on opportunities’

    Automated savings platform Piggybank.ng's latest round of $1.1-million seed funding will allow the Nigerian startup to "expand and capitalise on the many opportunities that the market presents", says co-founder Joshua Chibueze. Chibueze (pictured above far right, with co-founders Somto Ifezue left, and Odunayo Eweniyi, middle) was commenting on the deal in a press release yesterday (31 May). The $1.1-million investment was led by LeadPath Nigeria co-founder Olumide Soyombo. Two venture capital firms, Village Capital and Ventures Platform, also participated in the round. It follows the $50 000 seed funding that the startup, which targets low-income Nigerian millennials and was founded in 2016, received in May last year from...

  • SA’s ThisIsMe best regtech at 2018 Benzinga Global Fintech Awards

    South African identity verification and due diligence platform ThisIsMe has won the Best RegTech Solution category at the fourth edition of the recently held Benzinga Global Fintech Awards. Cape Town-based ThisIsMe was selected for its work in bringing more trust into transactions through its enhanced due diligence and authentication services. The startup was placed first in the regtech category ahead of Canadian company iComply, and New York-based 8OF9, respectively. The awards, which this year were held on 15 and 16 May in New York, aim to showcase the world's latest fintech innovations and feature tech giants and major banks like Amazon, Facebook as...

  • Nigerian insurtech CompareIN to head to Yale University pitch after winning $150k

    Nigerian insurtech startup CompareIN are heading to Yale University in Connecticut in the US, after winning $150 000 at the inaugural VentureClash Lagos, a pitch competition organised by US-based venture capital firm Connecticut Innovations. The news that ComparedIN had beaten 11 other startups was reported last Thursday (24 May) by Nigerian tech site Techpoint.ng. The Lagos pitching event, held last Wednesday (23 May) was part of Connecticut Innovation's $5-million global venture challenge for early-stage companies. Finalists from around the world will be invited to present in front of expert judges on 18 October at the Yale School of Management. Lending platform Social Lender and online payment startup Amplify were runners...

  • Seedstars in call for Moroccan startups to enter pitching competition

    Do you run a Moroccan-based tech startup? Fancy your chances of coming out tops and winning a trip to Switzerland to meet investors and clinch up to $1-million in equity investment? Seedstars World, one of the leading global competitions aimed at tech startups in emerging markets, in partnership with La Factory, a market for craftsmen and artists, is calling on Moroccan tech startups to apply to pitch on 6 July at an event to be held in Casablanca. In all, 10 seed-stage startups will be chosen to compete on 6 July. It will be the fourth time Seedstars visits Morocco. The winner of the pitch will get the chance...

  • Here are the four finalists of £25 000 Africa Prize for Engineering Innovation

    A device that conducts fast malaria tests, a process that affordably recovers precious metals from autocatalytic converters, a tamper-proof electricity meter and a textbook-sized mini science lab. The four innovators behind these four innovations were yesterday selected by the London-based Royal Academy of Engineering as finalists of this year's Africa Prize for Engineering Innovation. The four will pitch their innovations to a panel of judges on 13 June in Nairobi where the winner will receive £25 000, with £10 000 awarded to each of the runners up. The prize, which was first launched in 2014, aims to develop the entrepreneurial skills of engineers on the continent. In a statement yesterday...

  • SA startups Vizibiliti Insight, The Sun Exchange celebrating after VivaTech win

    Johannesburg-based artificial intelligence (AI) startup Vizibiliti Insight and blockchain startup The Sun Exchange are celebrating. Both won pitching challenges at French tech summit VivaTech held in Paris last week. Vizibiliti Insight won first place and €5000 in the Verizon challenge for pitching an alternative credit scoring solution, while The Sun Exchange won the French development agency's (AFD) Energy Blockchain challenge. "Exciting news, Vizibiliti Insight placed first at the Verizon pitch contest! We are honoured to have been picked from seven amazing finalists and an original list of 100 companies & startups!" Vizibiliti Insight CEO and founder Courtney Bentley said in a tweet last week.   Exciting news, Vizibiliti Insight placed first at the...

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