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Startup news

  • Unicef to provide drone startups with up to $100k zero-equity funding

    Are you running a drone startup and are looking for funding? Unicef, through its Innovation Fund, is looking to make up to $100 000 in zero-equity investments in drone startups that have the potential to benefit humanity. The funding opportunity is open to drone startups that are registered in Unicef's programme countries. Innovators with a working, open-source drone prototype or service -- under the BSD, CERN or CC-BY licenses -- have until 22 July to apply. The Unicef Innovation Fund will provide selected startups with between $50 000 and $100 000 in equity-free seed funding for use in prototype testing and validation. Unicef will...

  • Rental startup GetHosted, rewards app Loyal1 win Jozi leg of DEMO Africa tour

    Space rental startup GetHosted and end-to-end rewards application Loyal1 have been selected as the winners of the Johannesburg leg of the DEMO Africa tour. The Johannesburg-leg of the DEMO Africa tour, which was held last week on 28 June, saw five startups pitch before a panel of judges that included South African Dragon's Den investor Lebo Gunguluza, Barclays Rise Incubator co-founder Kenneth Kayser, and Legazy founder Zuko Tisani. Applications for the 2018 DEMO Africa cohort will close next week on 15 July GetHosted and Loyal1 were selected as winners after getting shortlisted into the second round of the pitch event. The other startups...

  • Meet the African entrepreneurs who took part in Jack Ma’s eFounders Fellowship

    Just days after attending a 11-day training programme run by Alibaba founder Jack Ma, Chadian tech entrepreneur Andreas Koumato says he's learnt to look at his business in a new light. "Before we were focused on pleasing the investors, but now I see the importance of putting our customers first, then my employees, then the investors," said Koumato, who is the founder of Mossosouk, an ecommerce platform based in Chad. Koumato was one of 29 tech entrepreneurs from 11 African countries who participated in the third cohort of the eFounders Fellowship in Hangzhou, China between 19 and 29 June. The programme is run...

  • Zimbabwean agritech startup Rera crowned winner at Seedstars Harare

    Harare-based startup Rera -- which has developed an online platform that helps users run their own poultry farm -- has come out tops at the 2018 edition of Seedstars Harare. In a pitching session held last Friday (29 June) held at Impact Hub Harare, the founders of the four-year old startup out pitched founders from eight other startups to claim top spot. Rera's end-to-end farming service assists users with input procurement, production, and saves users up to 40% on poultry produce. Rera will now represent Zimbabwe at Seedstars regional and global summits Rera will now represent the country at the regional and at the global Seedstars Summit, which will...

  • Endeavor SA welcomes former Outsurance CEO as new board member

    Endeavor South Africa, an organisation that promotes high-impact entrepreneurship, today announced the appointment of Ernst Gouws, the former CEO of Outsurance Insurance Company, to the Endeavor board. Gouws retired recently and is currently a social entrepreneur and the founder of Catch-Up Community Projects, which offers tutoring to struggling learners at several township schools. Endeavor’s model screens almost 1000 companies in South Africa per year and currently supports 24 Endeavor companies led by 38 entrepreneurs, and five Excelerator companies led by six Excelerator entrepreneurs in South Africa. Former Outsurance CEO says he looks forward to working closely with entrepreneurs In a press release by Endeavor today,...

  • Here are the 8 startups that will pitch at Seedstars Casablanca this Friday

    Their football team may have been knocked out of the World Cup at the group stage, but in just days Moroccans can look forward to another top competition -- Seedstars, one of the largest competitions for emerging market based startups. This Friday (6 July) will see eight of Morocco’s best seed stage startups compete in Casablanca to represent the country at the Seedstars Summit in Switzerland and win up to $1-million in equity investment and other prizes. The pitching contest will take place at LaFactory, an organisation which helps link startups with big companies. Last year’s winning startup representing Morocco at the Seedstars World competition...

  • Meet the nine startups pitching at Seedstars Harare

    Seedstars World, the startup competition for emerging markets, has selected nine startups that will pitch at Seedstars Harare 2018 this Friday (29 June). The nine will pitch for an opportunity to attend the regional and global Seedstars Summits. Startups that get to pitch at the global summit in Switzerland stand to win over $1-million in investment. The startups selected to pitch on Friday are solving local issues that include energy, agriculture, and education. This year's event, which takes place weeks before Zimbabweans head to the polls, will feature an extra focus on civic technology, with two of the nine finalists addressing civic participation. This year's...

  • Seedstars, Omidyar Network to launch Seedspace in Dar es Salaam

    Seedstars, the Swiss-based organisation that supports startups in emerging markets, has announced that it will next month -- in partnership with philanthropic investment firm Omidyar Network -- launch a Seedspace hub in Dar es Salaam, Tanzania. Seedspace Dar es Salaam, set to launch on 10 July, will become Seedstars' fifth such entrepreneurial hub in Africa. The organisation currently operates Seedspaces in Lagos, Abidjan, and Cairo, as well as the recently launched hub in Cape Town. In a statement yesterday (26 June), Seedstars stated that the Seedspaces will increase the number of stakeholder events, programmes and training, with Seedstars as well as other partners such...

  • Two Kenyan startups make it into WEF’s 2018 Technology Pioneers Cohort

    The World Economic Forum (WEF) has named two Kenyan fintech startups, BitPesa and CarePay, as part of its 2018 Technology Pioneers cohort. BitPesa and CarePay are the only African companies in the cohort of 61 early-stage companies from around the world. Ovamba -- a US-based fintech which provides short-term capital to small businesses in Africa and the Middle East -- also made the cut. The cohort will over the next two years participate in the WEF's initiatives, activities, including this September's Annual Meeting of the New Champions in China, and next year's Annual Meeting in Davos, Switzerland. BitPesa and CarePay are the only African startups in the...

  • All you need to know about Merck Accelerator’s Cape Town programme

    Southern African startups involved in innovation around healthcare, life sciences, or performance materials have less than a month to apply for Germany-based Merck Accelerator's Cape Town satellite programme. Applications close 20 July. The satellite programme, which is being run in collaboration with MEST Incubator in Cape Town, will provide each selected startup with: a $3000 cash prize, up to 12 months membership at MEST's incubator, and an opportunity to travel to the Merck Innovation Centre in Darmstadt, Germany to pitch for a collaboration project with Merck. Applications for Merck Accelerator's Cape Town programme close on 20 July In addition, selected startups will also receive access to...