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Startup news

  • Click2Sure launches its global aspirations at InsureTech Connect in Las Vegas

    Cape Town insurtech startup Click2Sure announced yesterday that it has been invited to attend next month's Insure Tech Connect, one of the world’s largest insurtech events. The Las Vegas event -- being held for the second time -- offers unparalleled access to the largest, most comprehensive gathering of tech entrepreneurs, investors and insurance industry incumbents from around the world. The Click2Sure team will be attending the Insure Tech Connect Summit from 2-4 October to demo the Click2Sure platform and launch its global aspirations, the startup said in a press release yesterday. Click2Sure’s CEO, Daniel Guasco (pictured above) said he and his team are honoured...

  • SA drone startup Aerobotics clinches Digital Insurer European 2017 award

    Cape Town-based drone and data analytics startup Aerobotics has clinched The Digital Insurer (TDI) European 2017 Startup Insurtech Award. Aerobotics was yesterday one of four finalists selected to present in a technology showcase that saw the award winners selected through a live vote by conference attendees at an event held in London. The other finalists include Shift Technology which has developed a fraud detection solution that uses artificial intelligence (AI), South African startup Nuva Law which has put together an inter-party negotiation and adjudication platform and CBien a digital inventory management platform for personal belongings. While Aerobotics walked away with the award, another South African startup Nuva Law...

  • Edtech incubator Injini selects 8 startups from across Africa for first cohort

    African incubator Injini -- which claims to be the continent's first ever edtech incubator -- has selected eight startups from Ethiopia, Kenya, Tanzania, South Africa and South Sudan to join its first cohort which will kick off on 9 October in Cape Town. Injini co-founder and CEO Jamie Martin (pictured above) told Ventureburn yesterday said the startups were selected following a pitch event on 8 September. He added that the names of the startups would only be unveiled after the startups have signed contracts on 10 October, at a launch event which will take place at the University of Cape Town. The six-month incubation programme begins on...

  • Here’s how Africa Chivas Regal winner EmptyTrips will disrupt logistics sector

    Barely a year old, Johannesburg based online trip exchange platform EmptyTrips has been having a good year. The startup won the Africa Chivas Regal Venture Pitching Den at the SA Innovation Summit earlier this month and will represent South Africa at the 2018 Startup World Cup in San Francisco next year. EmptyTrips will next take part in the Slush Global Impact Accelerator in Finland between 21 November and 2 December. The startup has also participated in Singularity U Global Impact Challenge where it was one of the top five finalists and in the annual Seedstars competition where it was placed third in the SA leg of the competition. The five-month old company...

  • Microsoft 4Afrika teams up with Tony Elumelu Foundation to help IT firms

    Microsoft, through its 4Afrika Initiative, has collaborated with the Tony Elumelu Foundation (TEF) to provide entrepreneurs in the foundation's entrepreneurship programme with technology-based tools, resources and mentorship. Microsoft said in a press release yesterday that through the support the two organisations will help entrepreneurs to use ICT to modernise their businesses. Microsoft Nigeria general manager Akin Banuso said the company has found that SMEs who adopt modern IT have seen 15% faster revenue growth than those not using IT. Microsoft and the Tony Emumelu Foundation will help entrepreneurs to use ICT to modernise their businesses Microsoft 4Afrika will provide TEF entrepreneurs with: Access to cloud-based software, online support and...

  • Who is Israeli angel investor company behind success of SA’s Zapper?

    In under four years South African mobile payments platform Zapper has grown to operate in 12 markets, employing over 300 people. It sounds like a SA startup success -- but who really owns the Durban-based company? The company, which earlier this month introduced mobile payment starter packs to the market, does not provide information on its website on who its owners are. While a number of media stories have in the past have referred to Zapper Group CEO David de Villiers (pictured above), as the founder of Zapper, the former IT head at Investec bank told Ventureburn that he started the firm in November 2013 with...

  • Here are the 40 entrepreneurs that will take part in Vusi Thembekwayo initiative

    Venture capitalist Vusi Thembekwayo has selected South Africa’s #Top40 entrepreneurs who will undergo an 18-month mentorship programme. The programme is hosted by Thembekwayo's MyGrowthFund, which aims to nurture high-growth entrepreneurs through funding, incubation and enterprise development. The #Top40 entrepreneurs were selected from almost 3000 SMEs who applied for the programme earlier this year, Thembekwayo said in a press release today. “The volume and quality of applications is a reflection that entrepreneurship is alive and thriving in South Africa," he said. The 40 include those running businesses that turn over as little as R1-million a year, to those that have an annual turnover of R39-million annually. The SMEs...

  • SA startup ThisIsMe selected to take part in Gartner’s Innovation programme

    Fintech startup ThisIsMe has been selected to participate in this year’s Gartner’s Innovation Programme which takes place in Cape Town from tomorrow and runs until Thursday (19 to 21 September). The programme forms part of the GartnerSymposium ITxpo, one of the world's most important gatherings of chief information officers (CIOs) and senior IT executives which showcases the latest solutions from key technology providers. The event takes place at the Cape Town International Convention Centre. ThisIsMe will participate in Gartner's Innovation Programme, which forms part of the GartnerSymposium ITxpo ThisIsMe enables businesses to reduce fraud, automate FICA and KYC checks, improve onboarding and increase revenue while providing...

  • Solar energy developer Phanes Group opens call for solar power incubator

    Phanes Group, a Dubai-based solar energy developer, has opened calls for applications to its solar power incubator programme aimed at early-stage solar energy startups working with photovoltaic (PV) technology in sub-Saharan Africa. The incubator is run in partnership with Solarplaza, Hogan Lovells, Proparco, Responsibility and RINA Consulting. It aims to assist early stage solar energy startups with access to funding, commercial and technical training as well as to equip them with insights on how to succeed in their current and future projects. Applications are open to developers with solar projects in sub-Saharan Africa focusing on photovoltaic technology. Projects must have the capacity to...

  • German accelerator F-LANE releases names of African startups for 2nd cohort

    Two startups from Africa are among five teams selected by Berlin-based accelerator F-LANE to attend the next cohort of its acceleration programme which starts next month. The six-week accelerator programme for social ventures, which is backed by the Vodafone Institute, will kick off on 9 October in Berlin. In an emailed announcement to Ventureburn, F-LANE's Gabriele Scheibert told Ventureburn that Ugandan telemedicine hub Kaaro Health and Mozambique's Mowoza, which aims to use the Blockchain to create digital retail communities for women-owned micro enterprises, are among the five teams selected for the accelerator's latest cohort. Ugandan telemedicine hub Kaaro Health and Mozambique's Mowoza will participate in F-LANE's next cohort She said the five were...