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Startup news

  • Sun Exchange, Powerhive to provide energy access for 175 000 Kenyans

    Cape Town based solar micro-leasing marketplace Sun Exchange has partnered with US-based rural mini-grid solutions provider Powerhive to use the crypto-economy to fund energy access for 175 000 people in rural Kenya. The partnership, which Sun Exchange announced in a statement yesterday (18 June), is expected to raise $23-million, which will fund 150 new projects that will provide clean power to 175 000 people in Kenya who are currently living without electricity. As part of the new partnership Powerhive becomes the exclusive recipient of proceeds designated for solar project pre-financing from sales of the Sun Exchange SUNEX digital rewards token. Powerhive will in-turn use the funds to...

  • Wearables startup MyLifeline wins R200k in 2018 Santam Safety Ideas Challenge

    Herman Bester, the co-founder of Stellenbosch-based wearables startup MyLifeline, has emerged the victor of the second season of the Santam Safety Ideas Challenge, walking away with R200 000 in seed funding. The finals of the challenge, an initiative of insurance company Santam run in collaboration with Stellenbosch-based business incubator Launchlab, were held yesterday at Santam's head office in Cape Town. The competition aims to encourage South African innovators to develop innovative safety and security solutions. The panel of judges was made up of Santam executives Mokaedi Dilotsotlhe, Ebrahim Asmal, John Khawulezile Lomberg, Ray-ann Sedres and Johan Etsebeth; the Department of Trade and Industry's director of innovation and technology Nontombi Marule; Launchlab CEO Philip Marais; and...

  • How SA tech startups plan to celebrate Mandela Day by reaching out to needy

    With South Africa today honouring the legacy of former president Nelson Mandela, a number of SA tech startups have taken to celebrating Mandela Day by offering to reach out to those more needy. Here then are how three startups have chosen to honour Madiba, or give up 67 minutes of their time in remembrance of the icon's legacy. Cape Town based logistics startup Pargo is running a challenge today to get clients to send food or toy parcels up to underprivileged children in Mthatha in the Eastern Cape. A number of SA tech startups are celebrating Mandela Day today by offering to reach out...

  • 33 African startups make it into 2018 Innovating Justice Challenge finals

    A total of 33 African justice innovators and legaltech startups have made it into the final round of the 2018 edition of the Hague Institute for Innovation of Law's (HiiL) Innovating Justice Challenge. The Hill Justice Accelerator (HJA), which runs the challenge, announced the finalists in a blog post earlier this month. The accelerator stated that finalists were selected based on their impact, scalability, sustainability, uniqueness, and team. HJA also considered feasibility, social impact and institutional roadblocks facing applicants. The 33 finalists are from Benin, Ghana, Kenya, Nigeria, Rwanda, Sierra Leone, South Africa, Tanzania, Uganda, and Zimbabwe The 33, along with other finalists from Bangladesh, India,...

  • Entries to one of Nigeria’s first female-focused tech accelerators close Friday

    African women-led tech startups looking to apply to join GreenHouse Capital -- one of Nigeria's first-female focused tech accelerators -- have just under three days to submit entries. Applications close on Friday (20 July). The three-month acceleration programme is run by Lagos-based venture capital (VC) firm GreenHouse Capital. The programme is also open to US or UK-based startups run by African woman-founders which have products that are scalable in African markets. To qualify for the programme startups must have at least one female member on their founding or leadership team. Those startups selected will receive a minimum of $100 000 investment on reaching specific programme milestones, office space at Vibranium Valley...

  • Seedstars World announces the nine startups set to pitch at Seedstars Kigali

    Seedstars World, one of the largest startup competitions for emerging markets, has announced the nine startups that will pitch at Seedstars Kigali in the Rwandan capital this Friday (20 July). The nine startups will pitch in front of a panel made up of the head of communications agency Studio Red, Tanya Mulamula; Rwa Business Group's Ephraim Rwamwenge; Westerwelle Startup Haus programme manager Guido von Westerholt; and Seedstars World Africa regional manager Claudia Makadristo. In a statement yesterday (16 July) Makadristo pointed out that Rwanda's entrepreneurial ecosystem has made significant improvements in recent years. Seedstars Kigali takes place this Friday and will be held in...

  • Ghanaian agritech startup CowTribe crowned winner at Seedstars Accra

    Ghanaian agritech startup CowTribe has been selected as the winner of the Seedstars Accra. Seedstars World, one of the biggest startup competitions for emerging markets, announced CowTribe's win in a post on Twitter following a pitch event held last week Friday (13 July) in the Ghanaian capital By winning Seedstars Accra, CowTribe has secured an opportunity to represent Ghana at the global Seedstars Summit set to be held in Lausanne, Switzerland next year. At the conference, the startup stands a chance to win up to $1-million in funding. CowTribe will now represent Ghana at the Seedstars regional and global summits Nine other startups pitched at...

  • DEMO Africa innovation tour: Here are the Cape Town, Douala winners

    DEMO Africa has selected four startups from South Africa and Cameroon that will pitch at its launchpad in Morocco this October at DEMO Africa 2018. The four were selected following pitch events held earlier this month in Cape Town and Douala. Recycling collections company Reginize was selected as the winner of the Cape Town pitch event. The Cape-Town based greentech startup is focused on creating a recycling culture in South Africa. The startup's founders Chad Robertson and Nkazimlo Miti (pictured above) aim to do this through a rewards-based app that uses gamification to motivate people to recycle. Three startups from Cameroon -- Zuoix, Dikorah...

  • How Google Launchpad helped prepare newly cash flush Aerobotics to scale

    Funding has little value if you don't put it to good use as some startups often discover when it's too late. This makes business advice from experts invaluable -- as Benji Meltzer, the co-founder of Cape Town aerial data analytics platform Aerobotics will likely know. It come hot on the heels of last week's Series-A funding announcement (for an undisclosed amount) in which local Nedbank was the lead investor. Aerobotics co-founder Benji Meltzer (pictured above right, with co-founder James Patterson (left) and Google research director Peter Norvig) told Ventureburn today that being part of the six-month Google Launchpad programme has helped the startup in place the necessary systems and processes that...

  • All 10 startups chosen for SBC AfriTech 2018 market ready – accelerator head

    The 10 startups that have been selected by Startupbootcamp (SBC) AfriTech for its 2018 cohort all have “market-ready” solutions, with SBC's sponsors ready to work with them “starting from today” -- the accelerator's CEO Philip Kiracofe said yesterday. Kiracofe was speaking at the announcement of the 10 startups selected to join the Cape Town-based accelerator’s second cohort, which was made yesterday, at the end of a two-day selection process held at PwC’s offices in Cape Town. The sponsors of the accelerator -- which recently underwent a name change to Startupbootcamp AfriTech to better reflect its focus on African tech -- include among others big names like RCS, BNP Paribas, Nedbank and Old Mutual. During the announcement...