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Startup news

  • ‘Seedstars regional summit to help foster meaningful discussions’ [Q&A]

    Having successfully held 15 pitch events -- with another taking place today (9 November) in Botswana -- and with four more to go, Seedstars World is close to wrapping up its annual tour of some of Africa's top tech startup ecosystems. For those in the know, that means one thing -- the organisation's annual Africa regional summit is just around the corner. This year's edition will take place in Dar es Salaam, Tanzania on 13 December. Ventureburn readers can get discounted tickets (see here). Read more: Here’s how to qualify for 10% discount on Seedstars Africa Summit tickets The 2018 Seedstars Africa Summit will...

  • We’re set to become first tokenised African tech accelerator – Kenya’s iHub

    Kenyan hub and tech accelerator iHub today (8 October) announced that it will digitise all of its company assets using blockchain technology, and claims that this will make it the first tokenised African tech accelerator. The accelerator made the announcement at the ALN Africa Conference during the ALN Africa Investment Conference which ends today in Dubai. The hub announced that it is partnering with Raise, a Bahamian and Kenyan startup that aims to make it easier to digitally manage and trade corporate assets by providing a compliant way to securitise assets using blockchain technologies iHub will work with Bahamian and Kenyan startup Raise...

  • Dimension Data to host NTT Data Open Innovation Contest regional challenge

    SA IT company Dimension Data will host a regional challenge in February next year that aims to identify mature startups that can work with the Japanese IT services provider NTT Data to create a new global platform to solve the UN's 17 Sustainable Development Goals. In a statement yesterday (6 November), Cape Town based tech initiative Silicon Cape revealed that Data Dimension will be hosting the regional challenge of the ninth NTT Data Open Innovation Contest on 8 February in Cape Town. NTT Data Open Innovation will, between this month and February, hold 20 regional contests across 18 countries in collaboration with local partners. The...

  • Meet the Kenya, Nigeria, SA Google Impact Challenge finalists

    Google has announced the Kenyan, Nigerian and South African finalists of its Impact Challenge, while calling on the public to vote for the People's choice winner in the respective countries. Voting closes on 25 November. The challenge -- which was launched across all three countries in May -- aims to identify local innovators who have the potential to make their community a better place. The finalists include startups as well as non-profits and various public-private initiatives. As part of the challenge, the public and a panel of judges votes for ideas with the most potential. Thereafter, Google pairs each winner with a package of strategic...

  • Second cohort of MAN Impact Accelerator kicks off with three SA companies

    The second edition of the MAN Impact Accelerator kicked off yesterday (5 November) in Munich, Germany with three SA startups making up part of the second cohort's eight startups. SA companies Last Mile for BOP, Mobile Schools Health and VIA Global Health were selected to join the six-month long accelerator programme along with three European and two Indian startups. MAN Truck and Bus digital innovation manager Florian Stehbeck told Ventureburn today (6 November) that 270 startups from Europe, India and South Africa had applied to join the programme, and that a quarter of applications had come from South Africa. The six-month long MAN Impact Accelerator programme...

  • Losing a patient led Cameroonian nurse to found award-winning startup Infiuss

    Two years ago after graduating from nursing school in Cameroon, a helpless Melissa Bime watched as a five-year-old patient of hers died -- because she could not get a blood transfusion. The tragic event inspired Bime to seek a solution. It's when she decided to start Infiuss. The Yaounde-based startup offers an online blood bank, as well as a digital supply-chain platform that helps connect those hospitals that do have blood banks to those that don't. "I wanted to be able to solve this problem of access to life-saving blood," says Bime (pictured above), who was last month selected as the winner of this year's Anzisha...

  • Digital Lab Africa to open call to content innovators – from music to animators

    African innovators in digital music, web creation, virtual reality (VR), video games and animation better listen up. French backed incubation platform Digital Lab Africa (DLA) will start taking entries for the third edition of its incubation programme from next week Thursday (15 November). DLA -- set up by the French embassy and French Institute in South Africa (IFAS) in 2016 and is managed by Tshimologong Digital Innovation Precinct with the support of the French Development Agency (AFD) -- made the announcement in a statement yesterday. The initiative aims to provide a springboard for the creators of next-generation content with the support of French and Sub-Saharan...

  • Endeavor Nigeria welcomes first two entrepreneurs into fold

    High-growth entrepreneur organisation Endeavor has welcomed its first two entrepreneurs from Endeavor Nigeria into its network, as well as three North African entrepreneurs. In a statement last month Endeavor said the two Nigerian entrepreneurs -- BitPesa founder Elizabeth Rossiello (who is American) and Cars45 co-founder and CEO Etop Ikpe -- were among 26 entrepreneurs from 18 companies in 13 countries that the organisation selected to join its network, at the 83rd International Selection Panel (ISP), held in Athens from 22 to 24 October. BitPesa is a digital foreign exchange and payment platform, while Cars45 claims its Nigeria the market’s first independent used car valuation expert and offers a two-sided...

  • Jozi fintech startup Franc Group wins Seedstars Johannesburg 2018

    Jozi-based self-insurance platform Franc Group has been selected as the winner of last Friday's Seedstars Johannesburg pitch event. The fintech startup was founded in May by CEO Thomas Brennan and aims to give people access to low-cost passive investments. Through the Franc app -- available on both the Google Playstore and the Apple App Store -- customers can invest in either the money market and the stock market for only R5 per month with no minimum contribution required Language learning platform Uthini was placed second, while fintech startup Maxicash came third for its financial support ecosystem which is built around remittance and payments. Franc Group, Uthini and Maxicash...

  • AfriLabs partners with Francophone innovation hub network Jokkolabs

    AfriLabs -- a pan-African network of tech innovation hubs -- has announced that it is adding 12 new hubs to its network and extending its reach to nine countries after concluding a partnership with Francophone open innovation organisation Jokkolabs. The nine countries are Burkina Faso, Cameroon, Congo, Ivory Coast, France, Gambia, Mali, Morocco and Senegal. The development brings the total number of innovation hubs in the AfriLabs network to 135 centres across 36 African countries. In a statement announcing the partnership with Jokkolabs last week Friday (2 November), AfriLabs said the two organisations will work together to design programmes for both networks. As part of the deal,...

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