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  • 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...

  • Company Office

    Peach Payments and Callpay announce EFT system partnership

    Peach Payments, a leading and one of Africa's fastest growing payment service providers and Callpay, an innovative provider of secure payment solutions announce collaboration to provide automated Electronic Fund Transfers (EFT) as well as secure telephonic payment acceptance solutions. The innovative products will enable millions of South Africans to make instant and secure payments when shopping online or during payment processes over the phone and via call centres. Through this exciting collaboration announced at the 3rd eCommerce Africa Conference, customers will now be able to pay online using their cheque, savings or credit card accounts. Merchants that sign up through...

  • 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...

  • African Innovation Foundation announces that Rwanda will host this year’s IPA

    The African Innovation Foundation (AIF) in collaboration with the Government of Rwanda announced today that Rwanda will host the 7th annual Innovation Prize for Africa (IPA). Aimed at recognising and connecting African innovators and entrepreneurs with key innovation ecosystems enablers, this year's edition of the IPA will take place on 11 and 12 October at Kigali Convention Center in Rwanda. Besides a host of exciting side events and brand new initiatives for Africa by Africans, IPA 2018 will offer a number prizes and incentives to winners and nominees, including a grand prize of $100 000. The AIF in January closed its application...

  • 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...

  • With corporates you gotta have patience of saint – Sensor Networks founder [Q&A]

    Startups must have the patience of a saint when doing business with corporates. So, says Sensor Networks founder Mark Allewell, whose Cape Town startup last week announced that it had secured another round of funding, of R13-million from various local funders. His company is currently working with five insurance companies to roll out its Internet of Things (IoT) sensors. "From my experience, sometimes it’s good to be brutally honest with corporate people that you deal with, as they are people as well and if the relationship can’t take criticism, then it’s not worth having that relationship," adds Allewell (pictured above). And he should know. Before Sensor Networks he'd started and...

  • 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...

  • How fintechs can help tackle financial inclusion in Africa [Sponsored]

    The year 2016 was a pivotal one for electronic payments as for the first time such payments surpassed the use of cash. The change has taken place on the back of non-traditional players having injected new ideas and technologies into the traditional payments ecosystem, further expanding the reach of digital payments around the world – and increasing consumer expectations for seamless experiences. What has emerged as a result are economies that are increasingly cashless, with an anytime, anywhere commerce mindset. As payments become untethered from a place or point of sale (POS) and become increasingly embedded in apps, devices, appliances and the growing Internet of...

  • Top startup events in South Africa, Africa you should know about this week [14/05/2018]

    Looking to get into the South African startup scene or brush up on some of your skills? Well, you’ve come to the right place. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or next week’s, please let us know in the comments below or send us an email. Not all of the events are free and some will require booking in advance. Please click on the event names to find out...

  • 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...

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