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Startup news

  • Seedstars World names church admin app Ghana’s best startup

    Global seed-stage startup competition has been making its rounds across the African continent, giving exciting tech startups a chance to pitch on the global stage for a shot at US$500 000 equity investment. After kicking-off in Mozambique, startup winners were announced in South Africa and, soon after, Nigeria. Now, at Impact Hub Accra, Seedstars World has named Ghana's church administration app Asoriba the country's top startup. Asoriba is described as a web and mobile application that enables effective church administration for leaders, and seamless engagement with members. Nana Opoku, the CEO of Asoriba, told Seedstars World: "This is completely unexpected for us. We...

  • BitX partners with Coda to offer Bitcoin transactions in Southeast Asia

    Southeast Asian multichannel payment gateway Coda Payments has partnered with BitX to offer Bitcoin payments. Due to this collaboration, Coda is the first merchant in the region to accept digital currency for online purchases. Coda already offers the option to customers in Indonesia and Malaysia through its own online gift card platform, called Codashop. The store offers Steam wallet, Google Play, iTunes, Amazon, and several other gift cards and vouchers to customers. Similar to other offerings in the Bitcoin market, BitX will allow real-time currency conversion from the user's local currency and Bitcoin collections. Coda will handle the rest of the...

  • Transport industry app takes first place at Seedstars World Lagos

    Nigerian transport industry app MyQ has been crowned the winner of Seedstars World Lagos recently. Out of the 12 startups that pitched at the competition, MyQ was selected as the best startup in Nigeria and will go on to compete in Switzerland in February 2016 at the final pitching round. The final prize, which will be awarded after the Seedstars World pitching round, consists of US$500 000 equity investment. Other prizes on offer include US$500 000 for best Travel Investment, and a US$50 000 grant for best startup space. The event looks for smart startups that solve regional issues while developing profitable...

  • SweepSouth becomes first SA startup to join Silicon Valley’s 500 Startups programme

    South African on-demand domestic cleaning startup SweepSouth has secured a spot in the renowned Silicon Valley-based accelerator programme, 500 Startups. Not only has SweepSouth been awarded US$125 000 in seed funding and acceptance into the four-month mentorship programme, it's also South Africa's only startup to have been accepted by the global accelerator. 500 Startups is lead by entrepreneur and angel investor Dave McClure (pictured above with SweepSouth co-founder Alen Ribic) and has invested in over 1 000 companies within the last five years. The VC aims to become the largest in the world and is backing startups from over 50 countries. Some prominent...

  • 10 finalists emerge for Seedstars World Lagos challenge

    Global startup competition Seedstars World has revealed 10 Nigerian startups that will pitch their hearts out later in Lagos this week. The winner of the Nigerian event will be invited to Switzerland where it will represent the country in the final round February 2016. The ultimate wining startup will win up to US$500 000 in equity investment. With a focus on emerging markets, the Seedstars World challenge is taking place in 50 countries this year. Past participants have raised and estimated total of US$20-million and created more than 360 jobs. Marcello Schermer, the regional manager for Africa at Seedstars World, adds that...

  • Ampion, Merck accelerator to foster health-tech startups in Africa

    Pan-African entrepreneurial initiative Ampion has teamed up with German pharmaceutical Merck to launch a health-tech accelerator in Nairobi, Kenya. The new health-tech accelerator is designed to offer startups customised support from Merck’s Innovation Center in Germany, along with operational and scaling mentorship and the potential to secure pilots with "key global players". Read more: Ampion Venture Bus: an NGO’s mission to drive impactful innovation in Africa In a press statement, Merck project manager Alexander Hoffmann explained the value of technology in these fast-growing markets: "For us at Merck, the support of healthcare technology on the continent is important not just in terms of...

  • Pivot East 2015 crowns 5 best mobile startups in East Africa

    Going on its fifth year, regional pitching competition and conference Pivot East 2015 has revealed the top mobile startups of East Africa this week. Ranging from mobile categories in entertainment to enterprise, four of the winning companies hail from Kenya and one from Rwanda. Apart from the recognition, the five winners will receive a 12 months free service of up to 10 000 Kenyan Shillings per month in Angani credits, while all the other finalists will receive a three-month free service for up to 5 000 Kenyan Shillings per month in Angani credits. As listed in the announcement, below are the winning...

  • Bitcoin startup BitX raises $4m from Naspers

    Emerging market bitcoin exchange startup BitX has just raised a nice fat US$4-million in Series A from PayU -- a subsidiary of media and internet powerhouse Naspers. Existing investor Barry Silbert’s Digital Currency Group also participated in the round. The fresh capital comes after the startup secured over US$800 000 from a group of international investors late last year. Founded by Marcus Swanepoel, Francois Paul, Carel van Wyk, Pieter Heyns and Timothy Stranex, BitX launched in 2013 with a mission to spread the adoption of digital currency in emerging markets. It's currently headquartered in Singapore with additional offices in Jakarta and...

  • These are DEMO Africa’s top 30 startups for 2015

    From entertainment marketplace Bozza Media in South Africa to Nigeria's elearning company Flippy Campus, DEMO Africa has just revealed its top selected 30 tech startups to pitch in September 2015. The pan-African startup competition launched in 2012 on a mission to showcase the continent's talent while providing opportunities for both investors and tech entrepreneurs. Hailing from all over the continent, finalists is said to have gone through a rigorous screening processes with the final vetting and adjudication done by a pan-African panel of judges comprised of entrepreneurs, VCs and academia. Read more: Say hello to DEMO Africa’s top 40 tech startups of...

  • Seedstars World crowns mobile employment service Giraffe SA’s top startup

    Johannesburg-based employment company Giraffe has just bagged itself a ticket to Geneva, Switzerland where it will take a shot at the US$500 000 equity prize in 2016. The achievement comes after Giraffe was crowned the top South African startup by Seedstars World 2015 -- a global seed-stage startup competition for emerging markets. The winning startup is behind a mobile platform that helps connect employees with employers across the country. Two months after it launched in January this year, the startup has connected 10 000 jobseekers with over 1 000 employers. Speaking to Shafin Anwarsha who's Giraffe's co-founder, he explains that the recognition...