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News

  • SAB Foundation awards R12.5m to SA’s most promising social innovators

    The SAB Foundation has awarded R12.5-million to the winners of its 2018 Social Innovation and Disability Empowerment Awards. The awards are aimed at innovators, entrepreneurs and institutions with prototypes or early-stage businesses that solve a social problem. The winners -- first place winners affordable housing provider Hustlenomics (for the Social Innovation Award) and Clothes to Good (for the Disability Empowerment Award)-- received their awards at an event held in Johannesburg last Thursday (11 October). The two companies took home R1.3-million and R1.2-million in prize money, respectively. The SAB Foundation supports social innovations that demonstrates a viable business model while solving a critical social problem. The SAB Foundation has committed...

  • IBM, AfriLabs partner to expand digital skills across 123 hubs in 34 countries

    US multinational IBM has partnered with AfriLabs, a pan-African network of innovation hubs, to expand digital skills across the organisation's network of 123 hubs in 34 countries. The partnership, which was announced last Sunday (7 October) will see the AfriLabs work with IBM to roll out the IT giant's Digital Nation Africa (D-NA) programme. The free programme provided African youth with training in emerging technologies as well as equips them to build innovative solutions. In addition, the platform provides participants with an overview of the current job market and suggests multiple learning paths. The partnership will see AfriLabs work with IBM to roll...

  • Applications for MEST’s Class of 2020 are now open, here’s what you need to know

    Do you aspire to be a pan-African software entrepreneur? The Meltwater Entrepreneurial School of Technology (MEST) has opened applications to its one-year long fully-sponsored entrepreneurial training programme in Accra, Ghana. The training programme is open to aspiring entrepreneurs from across the continent with applications for the class of 2020 closing on 8 February. MEST will provide successful applicants with in-depth training and mentorship, access to a global network and the opportunity to build the next generation of global software companies alongside successful graduates. Some of these graduates include Anitrack’s Winnie Akoko, Qisimah’s Sakhile Xulu, Bidiibuild’s Kelvin Wachira, Kudobuzz’s Kena Amoah, MeQasa’s Kelvin Nyame...

  • How SBC is helping drive Innovation 3.0 to advance the UN’s SDG [Sponsored]

    Given Africa's inherited inequalities from the past, it has become more urgent now than ever, for governments to collaborate with institutions of education, corporates, accelerators and incubators and various other organisations -- if the continent is to accelerate the implementation of the UN's Sustainable Development Goals and innovate with a purpose. The UN recently hosted its 73rd General Assembly. Over a week in July, various heads of state, ministers, heads of governance organisations, civil society and the private sector set foot in New York, the home of the UN to discuss various critical issues affecting sustainable development. These were largely centred around the 17...

  • Ventureburn announces media partnership agreement with Seedstars

    Ventureburn today announced a media partnership with Seedstars, one of the world's leading organisations that supports startups in emerging markets. The partnership will see the two organisations working together to share news and analysis on startups and impact investment in Africa. Seedstars will carry regular Ventureburn content on its various web platforms -- which include www.seedstars.com, www.seedstarsworld.com and www.seedspace.co among others. Ventureburn will likewise regularly carry articles written by members of Seedstars' team. Seedstars invests in and support startups in emerging markets. It does so through Seedstars World, one of the world's leading competitions which invests up to $1-million in emerging market startups...

  • Western Cape government launches campaign to woo foreign investors

    South Africa's Western Cape provincial government, through its Department of Economic Development and Tourism, has launched a campaign to attract foreign investors to the province. The campaign will target investors at the country's key source markets for inward investment, namely the US, UK, Germany, the Netherlands, France and China. Speaking at the launch of the campaign yesterday (4 October) at Cape Town's InvestSA centre, Western Cape Minister for Economic Opportunities Alan Winde (pictured above) said it was time for South Africa to take a "much more prominent position" in conversations on Africa. "So often you hear people talking about Rwanda and Mauritius, and not talking about us. And we...

  • CiTi adds three new board members to back move to expand support initiatives

    The Cape Innovation and Technology Initiative (CiTi) has announced the appointment of three additional directors to its board to support the organisation as it expands its support and training programmes. To cope with the demand from the digital economy, CiTi recently increased the volume of technology candidates placed in jobs through its CapaCiTi Job Readiness Programme which aims to support 3000 placements over the next three years. In addition, CiTi is expanding its incubation and enterprise development programmes to meet the Pan-African demand. In a statement yesterday (1 October), Joshin Raghubar, chairman of CiTi and The Bandwith Barn announced the appointment of Sweepsouth co-founder Aisha...

  • City of Ekhuruleni, Sabtia to set up forum to support township economies

    Township entrepreneurs may be in for added support. The City of Ekurhuleni and the Southern Africa Business and Technology Incubation Association (Sabtia) plan to work together to develop incubation and acceleration programmes for entrepreneurs based in townships and rural areas. The two have agreed to set up a forum that looks at how to set up such programmes for rural areas and townships. Sabtia chairperson Zaid Mohidin (pictured above, right) told Ventureburn today that the agreement to establish the forum was one of the main outcomes of the Sabtia Africa Tech Conference, which took place on Tuesday and Wednesday (25 and 26 September) at the Emperors Palace in Johannesburg. The...

  • Here are the 40 finalists that were nominated for 2018 AWIEF Awards

    The Africa Women Innovation and Entrepreneurship Forum (Awief) has announced the finalists of its 2018 Awief Awards. In all, 40 women founders and entrepreneurs from 12 different African countries have been selected across eight different categories. The winners are set to be announced at an event in Cape Town on 9 November. Through the awards, Awief aims to promote excellence in entrepreneurship and innovation among women-owned businesses in all sectors and across the 54 African countries. A total of 40 women founders and entrepreneurs from 12 different African countries have been selected for the 2018 AWIEF Awards In a statement on Monday (17 September) Awief founder and CEO Irene...

  • Kenya to host 2020 Next Einstein Forum Global Gathering in Nairobi

    The Kenyan government has signed a memorandum of understanding (MOU) with the Next Einstein Forum (NEF) to host the 2020 edition of the NEF Global Gathering in Nairobi. Commenting in a statement on Saturday (1 September), Kenya's Cabinet secretary for Education Amina Mohamed said the Kenyan government recognises that Science, Technology, Engineering and Mathematics (Stem) are the key drivers of international growth. "We are therefore focused on nurturing a young crop of innovators, engineers and scientists who will drive our industrialisation agenda forward," said Mohamed (pictured above, right). 'We expect 2500 delegates for the 2020 edition in Kenya,' - Thierry Zomahoun, Aims president...

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