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Want to exhibit at ITU Telecom World 2018? Enter the Industry 4.0 Challenge
Think you've built tech relevant to the Fourth Industrial Revolution? Keen to showcase this innovation at an international exhibition? Then you have four days left to submit your entry for the Industry 4.0 Challenge. Applications close 14 July. The initiative, which is being run by the Department of Telecommunications and Postal Services (dtps), networking and telecommunications company Ericsson and Standard Bank, aims to identify tech entrepreneurs to showcase at ITU Telecom World 2018 set to be held in Durban between 10 and 13 September. 40 finalists of the Industry 4.0 Challenge will be selected to participate at a pitch event set to be...
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Vice-president in meeting with Google head to showcase Nigeria’s tech sector [Updated]
Nigeria's vice-president Yemi Osinbajo, who is leading a three-day US roadshow to showcase the growth of Nigeria’s tech and entertainment sectors, yesterday met with Google CEO Sundar Pichai. Yesterday Pichai tweeted: "Happy to welcome the Vice President of Nigeria @ProfOsinbajo to the Googleplex today -- great to chat with him about the opportunities of Nigeria's digital economy". Osinbajo, who arrived in the US yesterday, is leading a public-private sector collaborative investment roadshow to the US, where he will be speaking to global industry leaders in IT and entertainment sectors in Silicon Valley in San Francisco and in Hollywood, California, until tomorrow (11 July). Osinbajo...
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Moroccan transit app Weego wins Seedstars Casablanca
Weego, a collaborative transit app which enables users to track buses and trams in real time, has been selected as the winner of this year's edition of Seedstars Casablanca. Retail space marketplace Popaddress was placed second, while Zelij, a startup that produces ecological construction materials, came in third at the pitch event that took place last Friday (6 July) last week. Weego will now represent Morocco at the Seedstars regional and global summits In a statement today (9 July) Weego CEO Saad Jittou said he had been following the pitch competition for threee years and "never imagined that it would be up to me to win the regional...
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EXCLUSIVE: Augmentors reveal launch date of AR, blockchain mobile game
Michael Deon, the founder of Augmentors -- the world's first augmented reality (AR) mobile game backed by the bitcoin blockchain -- has announced that he plans next month to run an alpha launch of the game. The final version set to be launched in the fourth quarter of this year. Deon revealed this on Thursday last week (4 July) on the sidelines of a Startup Grind event in Cape Town. The company which initially pitched on Shark Tank, raised $1-million from an initial coin offering (ICO) which ran between January and February last year. After the August alpha launch, the final version of the Augmentors...
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SA web platform Virtual Actuary turns down bid from major insurance firm
Things are hotting up for SA web platform Virtual Actuary, which allows actuaries to collaborate on projects without the need for expensive offices. The startup last week turned down an investment bid from a major local insurance company. Speaking to Ventureburn today, the platform's co-founder Adi Kaimowitz declined to name the interested insurance company, but said that the firm wanted to take a 65% to 70% stake in his company which he said didn't make sense to the founders. He added however that the parties did not discuss a selling price. Despite turning the bid down on Friday (6 July), Kaimowitz said he has opted to "keep the door...
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Top startup events in South Africa, Africa you should know about this week [9/07/2018]
MEST Africa is hosting two masterclasses this week in Cape Town. The first by MEST Lagos general manager Neku Atawodi will look at what startups should know about entering the Nigerian market. The second, by tech consultant Alexandra Fraser will focus on the seven steps to funding. If you're in Pretoria, join Startup Grind tomorrow (9 July) as it hosts Phathizwe Malinga, acting CEO of tech company SqwidNet. In West Africa, there are three Ghana Tech Week events scheduled for Wednesday and Thursday on female founders, smart city innovation and "exponential" tech. If you're in Nigeria and are into artificial intelligence, you...
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African universities increasingly working with ‘role players’ out of necessity [Q&A]
Out of necessity, African academic institutions are increasingly more involved in collaboration efforts with other ecosystem role players, says Nelson Mandela University (NMU) Innovation Office acting director Leoné Nowell. Nowell (pictured above), believes universities should be urged to build and maintain mutually beneficial relationships with established tech incubators and clusters. This she says will help universities to develop a "more comprehensive pipeline while tackling specific issues, like regional upskilling, in a coordinated manner". She explains that the her office manages the university's Technology Innovation Agency (TIA) seed fund portfolio. In addition, the university is a shareholder in the Propella Business Incubator, an ICT and advanced manufacturing hub. Read more: Here’s what...
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Moving money online? These tips will help you figure out which laws apply to you
Fintech startups operate in one of the most heavily regulated sectors -- and for good reason. After all, they do handle people's money and personal details. Thomas Reisenberger, compliance and regulation attorney at Legalese, last month held a free workshop at Rise Cape Town where he shared some tips and insider information on what startups who move money online should look out for, which laws they are likely to trigger and steps they can take to protect themselves. Mapping out what you do, how you do it and who you do it for will help you to figure out which laws apply to you "If you ask these...
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Six black SA tech entrepreneurs to watch [Digital All Stars]
Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business people, advertisers, and media professionals among others. Yoco, Recomed and Giraffe. For many SA entrepreneurs these startups and their respective founders -- Katlego Maphai, Sheraan Amod and Anish Shivdasani -- have become household names. They are just some of the many new tech startups emerging headed by black entrepreneurs (Ventureburn uses the definition in the Constitution to define black people -- which include: black African, Indian, coloured and Chinese South...
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Demo Africa Tour: Meet the four startups selected at Casablanca, Lagos events
Moroccan healthtech startup MolDiag, and three Nigerian startups: Accounteer, E-pump and Termii have been selected as winners at two DEMO Africa tour events held in Casablanca and Lagos this week. The Lagos leg of the innovation tour was held on Tuesday (3 July), and saw 14 startups pitch for a chance to represent Nigeria in the West Africa regional finals. A total of 13 companies pitched at the Casablanca event which was held on Wednesday (4 July). The winners will now compete in their respective regional finals for a chance to compete at the DEMO Africa launchpad this October in Morocco. Applications for...
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