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Startup news

  • Kenya’s Selina Wamucii to use $100k grant to add 2000 farmers, enter Europe

    Kenyan agritech platform Selina Wamucii plans to use a $100 000 grant it received from a Dubai-based innovation and partnership programme to improve its mobile platform, recruit 2000 more farmers and to enter European markets, says its communication officer. The Nairobi-based B2B sourcing platform -- founded in 2015 by Karuiki Gaita and CEO John Oroko (pictured above) -- made the announcement of the grant it received from Dubai-based Expo Live's Innovation Impact Grant Programme yesterday. Expo Live aims to accelerate and promote life-improving innovations and provides grant recipients with business guidance and promotion, and a chance to showcase their work at Expo 2020 Dubai. In an email...

  • Africa startups, investors to connect at London tech summit today

    The third Africa Tech Summit London -- which aims to connect the African tech startups with European investors is set to kick off today. The annual summit will feature a line up of over 25 expert speakers, including representatives from Thomson Reuters, London Stock Exchange Group, MTN, Ecobank and the British parliament. Tech investors from Cairo Angels, Ventures Platform, UpRise Africa, Echo VC, AHL Venture Partners, Draper Dark Flow, and TPG Africa will also be at the summit. In an earlier statement, Africa Tech Summit London founder Andrew Fassnidge said the London gathering "continues to build a bridge between the African tech industry, global...

  • Duo behind R1.5m Silulo Business Incubator to launch new centre in Joburg

    Two Cape Town entrepreneurs behind the recently launched R1.5-million Mitchells Plain-based Silulo Business Incubator -- brothers Luvuyo Rani and Lonwabo Rani -- plan to launch another incubation centre in Johannesburg in the next few weeks. Silulo Business Incubator founder and director Luvuyo Rani (pictured above) told Ventureburn today (15 May) that the incubator will take over a building owned by the Kingston college in Vosloorus and says the revamp of the building is expected to cost over R1-million. The launch of the incubator is planned for July. The current Silulo Business Incubator, located at Watergate Centre in Mitchell's Plain, was launched last month and is set to host...

  • Applications open for 2018 Westerwelle Young Founders programme

    Berlin based non-profit the Westerwelle Foundation has opened applications for its Autumn 2018 Westerwelle Young Founders Programme. Entries close on 25 June. The initiative is aimed at young entrepreneurs from developing and emerging economies. As part of the programme, 25 innovators will participate at the Young Founders Conference set to take place from 16 to 20 October in Berlin. In a press release to Ventureburn today (15 May) Westerwelle Foundation programme manager Christoph Rohde said the programme's aim is to "support young founders in strengthening their companies, connecting them with other outstanding entrepreneurs as well as the German startup scene and thereby...

  • Tech startup site Disrupt Africa mum on how it collects data for $150 reports [Updated]

    With the release of its sixth research publication last week, the founder of startup news site Disrupt Africa has again chosen to remain mum on how exactly his team sources data on the number and deal value of startups on the continent. This comes after Disrupt Africa released its latest report "Agrinnovating for Africa: Exploring the African Agri-Tech Startup Ecosystem Report 2018" last Friday. In a summary of the report contained on its website (see here) Disrupt Africa claims that $19-million has been invested in agritech startups in Africa over the past two years. The report, which was carried in a Forbes article on 9 May, claims the continent...

  • MEST Africa announces four regional winners that will pitch in $50k challenge

    Seed fund and incubator MEST Africa has announced the four regional winners of its inaugural MEST Africa Challenge. The pitch competition will see the winners -- who hail from Ghana, Kenya, Nigeria and South Africa -- pitch at the MEST Africa Summit which takes place in Cape Town on 20 June. The four companies will pitch their solutions to over 150 investors and corporate executives from across Africa, Silicon Valley and Europe and stand to win up to $50 000 in equity investment. The four MEST Africa Challenge regional winners are Cowtribe, Data Integrated, Accounteer, and swiftVee In a press release, MEST MD Aaron Fu (pictured...

  • Logistics services marketplace Optimalogistic wins Seedstars Tunis

    Logistics services marketplace Optimalogistic has been crowned the best startup in Tunisia after it won the Seedstars Tunis pitch event. Optimalogistic was one of eight startups to pitch at the event which was held at the Mediterranean School of Business last Friday (11 May). Read more: Here are the 8 startups pitching at the Seedstars Tunis pitch event The startup was founded in 2016 and connects users to those renting out trucks and other construction equipment. The startup's founders include CEO Mohamed Ben Slima (featured above, second from left) and CTO Maher Chakroun (featured above, second from right). The startup is currently one of seven participants in Tunisian accelerator...

  • Here are the 8 startups pitching at the Seedstars Tunis pitch event

    Eight of Tunisia's best startups will today duke it out in front of an investment panel in the country's capital at the Seedstars Tunis pitch event. The pitch event, which will be held at the Mediterranean School of Business, will see the winning startup participate in the regional Seedstars Summit later this year. In addition, the winning startup will attend the global Seedstars Summit in Lausanne, Switzerland next year where they stand to win $1-million in funding. The eight startups pitching at Seedtsars Tunis include biotech, medtech, edtech and fintech companies Here are the startups that will pitch at Seedstars Tunis; Toufoula Kids: This content editor...

  • Here are the four startups selected for CcHub’s 2018 incubation programme

    Lagos-based Co-Creation Hub (CcHub) has announced the four companies selected to join its 2018 incubation programme. The startups -- which were selected from an applicant pool of 500 startups from across the continent -- were announced yesterday (10 May) in a post on CcHub's website. In the post, the hub said it will over the next year work with each of the startups to help them gain traction, access funding and guide them on how to build sustainable business. One of the four startups selected from CcHub's 2018 cohort is from Sierra Leone, the other three are Nigerian The companies will each receive...

  • Sirtch fills SA’s online classifieds niche with local language listings

    Sbu Khoza, the founder and CEO of classifieds platform Sirtch saw a gap in the classifieds market that he believes none of his competitors are filling: providing listings in local languages. "I realised that none of the current major classified players had gone the extra mile of catering for everyone’s preferred language of choice," says Khoza (pictured above). His platform currently offers users the option of Afrikaans, English, isiXhosa, and isiZulu, with more languages to be added soon. He believes the ability to choose languages -- in a country with 12 official languages -- enables Sirtch's users to connect with the platfrom...

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