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  • Tackle infrastructure, skills challenges to boost tech sector, say Nigerian experts

    Nigeria must overcome its infrastructure challenges and shortage of skills if it is to help the country's nascent tech scene to grow, say analysts and entrepreneurs. The country boasts such successful tech companies such as fintech company Interswitch, edtech firm Andela and e-commerce site Jumia, which last year raised $326-million in funding. In addition, investments from overseas programmes such as Y Combinator, Village Capital and 500 Startups continue afoot, despite the country having slipped into a recession last year. Nigeria's burgeoning startup scene and its large market and entrepreneurial population with over 180 million people is what lured Facebook founder Mark Zuckerberg to Lagos's Yaba startup...

  • What is the future of the African Startup?

    What is the future of the African startup? This question was posed to me a couple of days ago and I have battled with the answer. The easy answer is somewhere between tech and agriculture, that’s what surface me would say. I truly believe in the power of technology to change people’s lives. Also, let’s face it if we fix some of the basic infrastructural issues that plague the African agricultural space, I think we would be aces. This is too easy, tech is broad enough to be a non-answer. Agriculture?!? This is a no brainer. So I started thinking...

  • Eduardo Saverin in $25m funding for insurance and wellness marketplace

    Rosaline Koo made a huge bet with CXA. Not long after she started up the healthcare products marketplace, it acquired Singapore’s third-largest homegrown insurance brokerage, Pan Group. Rosaline injected all her life savings and took out a loan to finance the purchase and build the venture. It’s now paying off. CXA today announced it has become a US$100 million company following a US$25 million series B investment, co-led by Facebook co-founder Eduardo Saverin’s B Capital Group and Singapore-based EDBI. Global life and health reinsurance company RGA, Philips Healthcare, maker of data-driven medical devices and disease management programs, and existing investors NSI...

  • Startup which helps owners find lost pets going global by 2017

    When Ivan Loh's two Labrador retrievers ran away from home two years ago, he "couldn't eat and sleep." While he found his dogs after two weeks, Ivan wanted to prevent a repeat of this "traumatic" episode. He started developing a NFC (Near-field communication) and QR code-enabled pet badge that was launched in March this year. By scanning a QR code shown on the badge, one can obtain the owner's contact details, the pet's allergies and medication needs. Alternatively, the badge shows an alphanumeric code that can be entered on Pet Widget's website. Next steps in expansion With about 1,000 badges sold in Singapore,...

  • Top startup events in South Africa, Africa you should know about this week [03/10/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. 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...

  • Seedstars World crowns health startup winner in Dar Es Salaam

    Micro health insurance company, Jamii has won the Seedstars World Dar Es Salaam event. The startups will go on to represent Tanzania at in the Seedstars World finals next year. The event, which took place on Saturday at the Buni Hub, saw many startups pitch for their ticket to the finals. Jamii pitched its health insurance scheme for low-income families, which costs US$1 a mont. The event was carried out with support from the Swiss Embassy, TANZICT as well as Buni Hub, VC4Africa and Lionesses of Africa. Jamii offers health insurance for low-income familes for US$1 a month. "Winning a competition alone has never been a guarantee to...

  • Top startup events in South Africa, Africa you should know about this week [26/09/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. 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...

  • Top startup events in South Africa, Africa you should know about this week [19/09/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. 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...

  • Online event marketplace crowned winner of Seedstars World Ethiopia

    Online event marketplace Hulubet has been selected as the Seedstars World winner for Ethiopia. The pitching competition took place on 14 September at Ice Addis, in Addis Ababa, Ethiopia. Hulubet will go on to compete against over 60 other startups in Switzerland in 2017 for the grand price of US$50 000 in equity investment. Other prizes will be available and contestants will pitch in front of a crowd over 1000 people. The runners up for the Ethiopian leg were big data for farming startup, Abithrone, and books distribution platform, Berhan Books. "Startups in our community hugely benefit from this initiative and gain impactful support and networking," explains the...

  • Seedstars World is looking for 10 startup contestants in Uganda

    Ugandan startups are in luck as international pitching competition Seedstars World is heading back to the country on 30 September. The event will be looking for the country's best tech-based startup out of 10 contestants. Entrepreneurs wanting to enter their startups will need to have a company that is less than two years old, has raised under US$500 00o in funding, and has a minimum viable product with traction. The competition is looking for profitable products that solve regional issues. "This year's theme of finding startup companies that will solve regional issues means that they will be able to drive their profitability while...